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Tag Archives: forbes

Who made the A list? Forbes’ list of top 2000 companies

exxon ceo say company will invest

When Forbes releases a list about successful companies, people are anxious to read who’s who among the big players. Everyone wants to know who’s winning, and who’s slipping. The list, according to Forbes, compiled by measuring each company based on revenues, profits, assets and market value. And despite difficult times, and a downturn in oil, Forbes’ 2017 Global 2000 list of ...

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A Thai energy company says hello to eastern Ohio

As reported by the Columbus Business First, a Thai energy company has shifted its eyes towards eastern Ohio and is considering building an ethane cracker plant in the region. Bangkok-based PTT Public Company Ltd, a state-owned company that is worth over $92 billion, has interest in developing the complex located in Belmont County, Ohio.  The county is known as one ...

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Houston oil tech company to cut 10 percent of workforce

Houston-based oil equipment maker FMC Technologies announced Wednesday that it will be cutting about 2,000 jobs, according to FuelFix. FMC CEO John Gremp told investors Wednesday that the job cuts come as they company aims to trim costs due to the collapsing oil prices. Gremp added that most of the company’s 10 percent job cut will come from its operations ...

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Texas: the king of jobs

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When George W. Bush became the 43rd President of the United States, Rick Perry took over the position of Governor of Texas.  When he did, the employment rate skyrocketed and 2.1 million jobs were added to Texas.  This makes Texas the king of jobs in the U.S. Since 2000, when Perry became Governor, Texas job growth has more than doubled ...

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America – an Energy Superpower

Benefits of the U.S. Oil and Natural Gas Boom are Permanent, Says Citi. Forbes: The return of the U.S. as an energy superpower will not be a short-term event with the economic benefits likely to last “at least two generations”, according to the latest research from Citi. That is one of the key findings in a report from the commodities team ...

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Midland oil dynasty lands on list of wealthiest families

pump jack

Rachael Gleason | Midland Reporter-Telegram (Midland, Texas) Investing in the dusty expanses of West Texas more than 100 years ago has paid off for the Fasken family, which just earned a spot on Forbes’ list of wealthiest dynasties. The prominent Midland oil family ranked No. 127 on the list of billion-dollar fortunes with a net worth of $1.8 billion. “In 1913, ...

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LNG exports lost in anti-coal commotion

Methanier_aspher_LNGRIVERS

The new coal regulations have caused a stir nationwide, with many energy companies railing against the pressure to cut emissions. However, in all of the hubbub, news about efforts to streamline LNG exports – which would likely benefit many companies, including some in Louisiana – has gotten lost. Christopher Helman brings this fact to light in his article for Forbes, ...

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Natural gas exports: Slow walk or ‘danger zone’?

natural gas

WASHINGTON January 8, 2014 (AP) By MATTHEW DALY Associated Press WASHINGTON — The debate over exporting liquefied natural gas is intensifying as the Energy Department considers an array of applications to ship the fuel to Japan, India and other countries where prices are far higher than in the United States. Some large manufacturers that use natural gas say the department ...

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