Industry News

The latest in Martime Transport and the Petrochemical Industries

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 […]

Political action committees organized by Houston’s 10 largest energy employers have donated more than $2 million to candidates for federal office since the start of 2019. That’s about 66% more than the comparable figure donated by employees at those companies. Corporate PACs run by the energy companies with the 10 largest local headcounts contributed $2.48 […]