Houston oil services firm lands Stampede offshore contract
A Houston oil services company has won a contract with Hess Corp. to help build the $6 billion Stampede deep-water platform in the Gulf of Mexico. Alpha Completions Group, based near the Energy Corridor, announced...
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Market Currents: Saudi maintains strong oil exports to US, Asia
After a couple of days of rampant rallying, crude is heading lower once more amid a stronger dollar (read: a pound walloping). Hark, here are five things to consider in energy markets today. 1) JP...
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Exxon, Hess make big oil discovery off Guyana coast
Click through the gallery above to see nine countries where the next big plays may be found. HOUSTON – U.S. oil companies Exxon Mobil and Hess have confirmed one of the largest oil discoveries in...
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TransCanada closes on Houston’s Columbia Pipeline Group
The deal, which is $13 billion when counting the assumption of debt, makes TransCanada North America’s largest natural gas storage company and one of the largest gas pipeline giants. Columbia also gives TransCanada a major...
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Energy companies still taking a beating, but bottom is in sight
Continued low oil and gas prices are punshing energy companies in the S&P 500, which will see earnings drop 31.8 percent in the second half of 2016 compared with last year, according to financial data company FactSet....
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