Increased exploration, drilling and production in the Gulf generate economic benefits for Texas, especially for the Houston area. Because support firms perform a wide variety of services for offshore oil and gas producers, it is hard to trace the economic impact of this activity on a local or regional economy.

10 Jan 2020 Oil and gas companies are cutting costs amid subdued oil prices, creating Mittal doesn't expect this to damage the overall Houston economy  15 Jan 2020 The oil and natural gas industry paid a record-setting $16.3 billion in a host of other economic and political factors have shifted the calculus. CEE's leading integrated oil and gas firm is putting petrochemicals at the centre of its The exodus of international partners and the global gas glut raise doubts about the economic viability of an already challenged sector Houston, Texas  31 May 2018 Hurricane Harvey walloped Houston last August and caused widespread flooding. The space city, the oil and gas hub, the land of big houses 

9 Jun 2016 There are seven states in which the oil and gas sector accounted for more in Oklahoma City, 2.0 percent in Tulsa and 3.1 percent in Houston.

Today, the Houston economy is based on a broad spectrum of industries including: Oil and gas exploration; Basic petroleum refining; Petrochemical production  22 Aug 2018 From oil and gas extraction to refining and petrochemicals, the city is the we think of Houston and oil, the better economic model is an oil city,  In response to crashing oil prices in late 2014, the Houston economy stalled in A cycle of petrochemical-plant and liquefied natural gas-terminal openings  We explore for, develop and produce crude oil and natural gas globally. development is about conducting our business to promote economic growth,  28 Feb 2020 “However, the coronavirus poses evolving risks to economic activity. in Houston, annually draws thousands of oil and gas executives from  Join us for an economic outlook including the impact of energy on real estate, 2 CRE Credits When You Attend || Oil & Gas, Port of Houston, and Houston's 

During the last decades of the twentieth century, Houston's dependence on the upstream energy industry—which comprises oil and gas exploration and production, oilfield equipment manufacturing and wholesaling, and pipeline transportation—made it particularly vulnerable to economic downturns determined by energy prices, the national economy, and the value of the dollar against foreign currencies.

Houston is the Energy Capital of the World and the "brain trust" for virtually every segment of the oil Houston employs nearly a third of the nation's jobs in oil and gas extraction. Senior Vice President & Chief Economic Development Officer 4 Feb 2020 According to Dr. Bill Gilmer, an expert on the Houston economy, the oil and gas industry is suffering, and the economic structure of the fracking  21 Jan 2020 The consequences of tighter oil credit for Houston's economic growth so far The 2019 oil prices near $55 a barrel and natural gas prices near  Today, the Houston economy is based on a broad spectrum of industries including: Oil and gas exploration; Basic petroleum refining; Petrochemical production  22 Aug 2018 From oil and gas extraction to refining and petrochemicals, the city is the we think of Houston and oil, the better economic model is an oil city,  In response to crashing oil prices in late 2014, the Houston economy stalled in A cycle of petrochemical-plant and liquefied natural gas-terminal openings  We explore for, develop and produce crude oil and natural gas globally. development is about conducting our business to promote economic growth, 

Over the last two decades, there has been a remarkable transformation in Houston. Today, the nation’s fourth largest city has become a diverse, vibrant metro filled with talented people who have an undeniable spirit. Our economy is strong, our cultures are many, and our quality of life is second to none.

22 Jan 2020 MIDLAND, Texas — Layoffs in the oil industry this year could be a sign of 5,000 oil and gas jobs in Texas from June 2019 through November. Houston has a similar economy to the Permian Basin, also relying primarily on  22 Feb 2019 Houston. This city is one of the largest in the country and the most populous in Texas. It is already home to many large oil and gas corporations  11 Oct 2019 With almost 200 Colorado oil and gas workers laid off from Halliburton, Halliburton, a Houston-based company, didn't just lay off workers in Colorado. Robin Brown, executive director of the Grand Junction Economic  26 Apr 2019 A Wall Street Journal analysis shows oil and gas drillers, along with refineries, had some of the highest-paid workers in the energy sector last  28 Aug 2017 The devastating storm's full impact on the region's oil and gas infrastructure won't be known until coming days. Ten oil refinery plants in the Houston area and Corpus Christi are Related: Harvey could hit the Texas economy.

Commercial Litigation Oil and Gas. Houston's economy is deeply rooted in the energy sector. Oil and gas companies, from both the US and 

Over the last two decades, there has been a remarkable transformation in Houston. Today, the nation’s fourth largest city has become a diverse, vibrant metro filled with talented people who have an undeniable spirit. Our economy is strong, our cultures are many, and our quality of life is second to none.

A couple of years removed from one of the worst oil downturns in Texas history, Houston’s oil economy is doing well. But Ed Hirs, an energy economist at the University of Houston, said at the same time, more oil companies are merging and that may have a negative impact on jobs. As an example, Hirs pointed to Occidental’s acquisition of Anadarko. The outlook for Houston’s oil and gas sector is increasingly grim. The industry is on track to finish out the year shedding almost all the jobs it’s added since the start of 2019, according to the On Wednesday, TXOGA partnered with the San Antonio Hispanic Chamber of Commerce and STEER to host the South Texas Energy Roundup, which showcased the economic impact of the oil and natural gas industry in South Texas. Houston's oil field service companies have a long way to go for stability Mar 5, 2020, 4:15 pm CST Energy Kinder Morgan on target for Texas pipeline construction State, national and global energy news –including oil, natural gas and renewable energy – from FuelFix.com, the Houston Chronicle and Chron.com Increased exploration, drilling and production in the Gulf generate economic benefits for Texas, especially for the Houston area. Because support firms perform a wide variety of services for offshore oil and gas producers, it is hard to trace the economic impact of this activity on a local or regional economy.