Pre-tax earnings at Halliburton were nearly halved in the first nine months of 2019 amid asset impairments and write-downs of its Venezuelan investments.
A Houston energy investment firm has been fined $1.5 million by the U.S. Commodity Futures Trading Commission for trading against its own customers.
The Houston Ship Channel was partially shut Thursday after Greenpeace activists suspended themselves from a bridge spanning the key oil route in protest against the fossil fuel industry.
Jim Crane, the former All-American pitcher who owns the Houston Astros, was voted off of Nabors Industries Ltd.’s board by shareholders. The world’s biggest owner of land-drilling rigs says it wants him to stay.
Houston oilfield service company Halliburton said it cut 8 percent of its North American workforce as it took fleets of hydraulic fracturing equipment from the field in response to a continued slump in demand for fracking services in the United States and Canada.
A Houston oil executive was sentenced to state prison for defrauding investors who thought they were paying for the drilling and testing of wells -- but instead paid the executive's mortgage.
Oilfield service company Baker Hughes GE (BHGE) has entered into a deal to boost artificial intelligence in the oil and natural gas industry.
Jim Sledzik is a firm believer that the energy industry is in the middle of a fourth industrial revolution. Only this industrial revolution isn’t about big engines or big machines - it’s about big data and big machine learning accelerating the pace of automation and efficiency from the oilfield to the oil refinery.
KMCO is terminating 35 employees at its specialty chemicals plant in Crosby more than a month after a deadly explosion killed one and injured several others.
For dozens of north-east delegates attending this year’s Offshore Technology Conference (OTC) in Houston, the trip was the place to tout for international business and make invaluable contacts.
It’s OTC week and as such, many of you reading this will have international business development on your minds.
As the global industry assembles in Houston for the Offshore Technology Conference, it will be in the midst of a quiet American revolution.
The US Gulf of Mexico is making a comeback this year.
Aberdeenshire-headquartered subsea service firm Ashtead Technology has invested £1.5 million in a new base in Houston as part of its international expansion drive.
Houston operations are making an ever greater contribution to the fortunes of an Aberdeen-headquartered accountancy firm.
A Texas businessman who hails from the north-east of Scotland has celebrated the expansion of his business incubator venture in Houston.
It is a widely held view that the implementation of innovative new technologies will be critical to the future sustainability of mature offshore basins such as the North Sea and the US Gulf of Mexico as they compete for investment alongside other more cost competitive regions and energy sources.
It is said that change is the only constant and, while the pace of new developments and behaviours in the oil and gas industry is sometimes bemoaned, the sector continues to take important steps towards the upturn.
It was nicknamed Space City and has developed a reputation the globe round for being the home of Nasa.
Oilfield services firm Craig International has won a North Sea contract worth around £20million with BP.
An entrepreneur who left Aberdeen for Texas almost 25 years ago has a burning ambition to put down roots for his company in the Granite City.
The agenda for this year’s Offshore Technology Conference (OTC) in Houston can be compared to the strategies of most oil and gas majors.
With just five weeks to go until the Offshore Technology Conference (OTC) kicks off, plans are well under way to make Energy Voice’s next breakfast briefing in Houston its best ever.
The closure of a portion of the Houston Ship Channel in the aftermath of the days-long Deer Park chemical fire could cost the petroleum and petrochemical sectors an estimated $1 billion in direct and indirect costs and lost revenues, experts said.