Energy & Environment

Big Oil has operated in Russia for decades, but many companies are cutting ties in protest of the Ukraine invasion

Posted on · Due to the invasion of Ukraine, BP said it will abandon its share in Russian oil company Rosneft, while Shell announced it's ending projects with Gazprom, the majority state-owned natural gas company. Experts say that's putting pressure on Houston-based Exxon Mobil to make a similar decision.

Energy & Environment

Weekly Oil And Gas Update: Houston Energy Companies Lost Billions In 4th Quarter of 2020

Posted on · Overall in 2020, ExxonMobil recorded more than $21 billions in losses. ConocoPhillips reported $2.7 billion in losses for the year, and BP (which has its US headquarters in Houston) recorded a full-year loss of $5.7 billion. 

Energy & Environment

Weekly Oil Market Crash Update: Oil Majors Could Sell More Than $100 Billion In Assets For Shift To Renewables; RRC Elects New Chair

Posted on · Houston-based ConocoPhillips along with the world’s other seven major oil companies might also cease oil and gas operations in more than 200 countries, according to a Rystad Energy report.

Houston Matters

Tuesday’s Show: Bail Reform Hearing, And Lord John Browne The Former Head Of BP (Oct. 29, 2019)

Posted on · On today's Houston Matters: Lord John Browne, the former CEO of BP, discusses his book Make, Think, Imagine. We visit an all-day hackathon to develop solutions to environmental problems. And we learn about MECA's annual Dia de los Muertos Festival.

Good, Bad and Ugly

BP Moving, and Trump’s Texas Cabinet Members: The Good, The Bad, and The Ugly of the News

Posted on · A lot can happen in a week. Some of it good. Some of it bad. Some of it downright ugly. When faced with intriguing developments in the week's news, we turn to our rotating panel of "non-experts" to parse The Good, The Bad and The Ugly of it all. This week, our panel weighs in […]

Houston Matters

The Environmental Effects of Deepwater Horizon Six Years Later

Posted on · It's been six years since the Deepwater Horizon disaster. Eleven crewmen were killed on the offshore oil rig, about 50 miles off the coast of Louisiana. That deadly incident was just the start of what became an all-out environmental catastrophe, as millions of barrels of crude oil spilled onto beaches and wetlands from here in […]