Weatherford to cut 90 jobs in Katy
HOUSTON – Weatherford International plans to cut about 90 jobs at an oil-equipment facility in the Houston area, the company told Texas regulators this week. It’s a small part of the mass layoffs that have...
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Dow Chemical to cut 2,500 jobs worldwide
NEW YORK — Dow Chemical says it will eliminate about 2,500 jobs worldwide, or about 4 percent of its workforce, which is tied to the recent restructuring of its ownership in Dow Corning. Dow Chemical...
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Market Currents: Chinese stockpiling strong…demand less so
After the bloodletting across energy commodities, equities and various currencies in recent days, today is the day we have a relief rally, with markets are seeing an inevitable rebound. Hark, here are five things to...
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Texas drillers may start hiring soon, as long as prices hold up
HOUSTON – Rising crude prices could spur hiring across the Texas oil patch by August, a regional economist says, beginning a slow but steady reversal in the state’s energy employment after struggling drillers shed 1...
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Texas LNG projects await 2nd wave of exports
A global glut of liquefied natural gas is creating questions about when a “second wave” of LNG export projects will move forward after Cheniere Energy’s first shipments out of Louisiana this year. Five U.S. LNG...
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