Houston’s energy companies are being rocked by plunging demand amid the COVID-19 pandemic on one side and supply shocks as OPEC countries gear up to produce more oil on the other. But some subsectors are better off than others. The top of that list right now would be oil and gas trading arms backed by […]
IPS is a service company that just happens to work in the petrochemical industry, but bottom line, we exist to meet the service needs of our customers. Our industry is vital to our nation’s ability to function. We are proud to serve in a roll that contributes to her needs. Throughout this time of uncertainty, […]
Some of the biggest energy companies in Houston are making changes to when and where some employees work amid the coronavirus pandemic and drop in oil prices. Halliburton Co. (NYSE: HAL) will furlough about 3,500 Houston employees for 60 days, according to Reuters and other reports. Furloughed employees will alternate working one week and being off the […]