The latest in Martime Transport and the Petrochemical Industries
Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM), which employs thousands of people in the Houston area, has announced more details of its previously anticipated U.S. layoff plans. The energy giant expects about 1,900 U.S. employees “will be affected through voluntary and involuntary programs,” an Oct. 29 press release states. Exxon’s management offices in the Houston […]
The signing of a $7 billion, 20-year contract to ship liquefied natural gas from a future terminal in Brownsville, Texas, to a customer in France was blocked by that country’s government, according to media reports. French utility Engie SA was told by the French government to wait on signing the contract with Houston-based NextDecade Corp., […]
Oil field services giant Schlumberger Ltd. (NYSE: SLB), which has a primary office in Houston, reported revenue of nearly $5.26 billion in the third quarter. That’s down 38% from $8.54 billion in revenue in the same period a year earlier but down just 2% from the company’s Q2 revenue of nearly $5.36 billion, according to […]
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