News
NRG retail electric companies fined for violating state rule
Three retail electric companies owned by Houston-based NRG Energy have been ordered to pay a combined $900,000 fine for violating state rules that allow electric companies to prevent customers from switch providers until bills are paid....
Click here 0 2,967
U.S. oil rig count booms again; Permian way up
The number of oil and gas rigs in U.S. fields rose again this week, up 13 over last week — the fifth week in a row of increased counts and 69 rigs up over the...
Click here 0 2,928
Phillips 66 ships first cargo from Freeport LPG export terminal
Houston-based Phillips 66 said its new liquefied petroleum gas export terminal in Freeport is now shipping cargo. The first shipment left early Friday morning on board the large Commander gas carrier, Phillips 66 said. The...
Click here 0 3,017
Key Energy emerges from bankruptcy
Key Energy, a Houston-based oilfield service provider, emerged from bankruptcy this week with almost $700 million less in debt, and prepared to relist on the New York Stock Exchange. The company filed for Chapter 11...
Click here 0 3,096
Weatherford appoints new CFO and president after shakeup
New Weatherford International CEO Krishna Shivram filled the chief financial officer and president roles as he beefs up his management team. Shivram was promoted in November from the CFO position to interim CEO after longtime...
Click here 0 3,184
