News

Thursday June 30th, 2005

Posted on · Bank of America buying MBNA in $35 billion deal…AT&T shareholders okay $16 billion merger offer from SBC Communications…Valero Energy to put its name on Diamond Shamrock gas stations in Texas… Bank of America is expanding its credit card operations with a $35 billion cash and stock deal. The third-largest bank by assets, Bank of America […]

News

Wednesday June 29th, 2005

Posted on · Washington Mutual to develop San Antonio operations center…Ashland shareholders approve selling minority stake to Marathon Oil…ConocoPhillips considers stake in Lithuanian refinery… Washington Mutual announced today that it will develop a new regional operations center in San Antonio that will mean an initial 2,200 jobs. Officials for the Seattle-based thrift say it expects to have a […]

News

Tuesday June 28th, 2005

Posted on · CSB investigators say instrument malfunctions contributed to Texas City refinery explosion…Shareholders approve unification of parent companies of Royal Dutch/Shell Group of Companies…Supreme Court to consider whether to dismiss lawsuit accusing Chevron and Shell Oil of improperly inflating gas prices in late 1990’s. Investigators from the U. S. Chemical Safety Board have found evidence that key […]

News

Thursday June 23rd, 2005

Posted on · Twenty-two families unable to return home until August, when blown-out natural gas well is plugged…News report says BP paying millions to families of refinery blast victims…GE Indian unit reaching deal on restarting Dabhol Power Project… Almost two dozen residents near a blown-out natural gas well near Lake Houston may not be able to go home […]

News

Wednesday June 22nd, 2005

Posted on · KBR awarded troop support contract for Balkans…Hewlett-Packard produces ten millionth server…Former Enron strategist says company conveyed to Wall Street that broadband venture was new and growing business… Despite criticism of performance and costs in Iraq, Halliburton has been awarded a contract to support American troops in the Balkans and other areas. The contract is valued […]

News

Wednesday June 22nd, 2005

Posted on · KBR awarded troop support contract for Balkans…Hewlett-Packard produces ten millionth server…Former Enron strategist says company conveyed to Wall Street that broadband venture was new and growing business… Despite criticism of performance and costs in Iraq, Halliburton has been awarded a contract to support American troops in the Balkans and other areas. The contract is valued […]

News

Tuesday June 21st, 2005

Posted on · Fired Texas City refinery worker files slander lawsuit against BP…Galveston Bay Conservation and Preservation Association opposes BP’s proposed Pelican Island LNG facility…CERA predicts oil and gas production capacity will exceed demand over rest of decade… One of several men fired last month in the fallout from the March 23rd explosion at the Texas City BP […]

News

Monday June 20th, 2005

Posted on · Investigations continue in weekend chemical plant death…Enron seeks approval to transfer PGE subsidiary to creditors…Developer hired to create master plan for Imperial Sugar refinery site… A man who had worked as a contractor at Bayer’s Baytown chemical plant since 1989 has died following an accident there on Saturday morning. A Bayer spokeswoman says external and […]

News

Friday June 17th, 2005

Posted on · Gasoline prices continue climbing…Venezuela’s ambassador to the U. S. promotes his country for Houston business leaders…Continental and other airlines again trying to fight rising jet fuel prices with fare hikes… Texas gasoline prices climbed for a second straight week after five straight weeks of declines. The weekly AAA Texas gas price survey released today finds […]

News

Thursday June 16th, 2005

Posted on · BP Bay Crossing LNG preliminary economic impact study released…Citgo’s Venezuela parent says SEC seeks information about move to Houston…Staffing firm says financial hiring in Houston significantly above national average… BP’s Bay Crossing LNG team has released a preliminary Economic Impact Study developed by the Center for Economic Education at the University of Houston at Clear […]

News

Wednesday June 15th, 2005

Posted on · J. P. Morgan Chase to pay $2.2 billion to settle Enron class-action lawsuit…Autopsies issued for 11 victims of BP Texas City refinery blast…Texas Petrochemicals agrees to reduce emissions of toxic chemical by half… The nation’s third-largest bank–J. P. Morgan Chase–has agreed to pay $2.2 billion to settle a class-action lawsuit over its involvement with Enron. […]

News

Tuesday June 14th, 2005

Posted on · Houston job market prospects are strong, according to Manpower…Electric deregulation discussed at UH conference…Report names former Continental CEO Gordon Bethune as considering United Airlines takeover plans… The Houston area job market is expected to be among the strongest in the nation in the third quarter, according to the Manpower Employment Outlook Survey. The company says […]

News

Monday June 13th, 2005

Posted on · Air fare increases rescinded…Greater Houston Partnership selects head of state’s economic development office as new president and CEO…Meximerica’s Rumbo receives additional funding… The year’s largest airfare increase didn’t fly. Northwest Airlines has backed down from a $100 increase in round-trip fares aimed at business travelers because two competitors failed to match the price hike. American […]

News

Friday June 10th, 2005

Posted on · Citigroup paying $2 billion to Enron investors…AAA Texas says gasoline prices headed back up…Bill would force government to include fatalities of refinery contract workers in statistics… Citigroup says it will pay $2 billion to settle a class-action lawsuit against Enron and a number of investment banks. Under the tentative settlement, New York-based Citigroup will distribute […]

News

Thursday June 9th, 2005

Posted on · Former Enron pipeline employees sue retiree benefits trust…Former Enron software engineer testifying in broadband case remains investigation target…OSHA and Texas Chemical Council sign alliance promoting safe working conditions… Retirees of a former Enron pipeline unit are suing administrators of the company’s retiree benefits trust in a bid to obtain trust assets. Retirees of Omaha-based Northern […]