Woodlands workforce housing merger gets go-ahead from shareholders
Los Angeles-based Platinum Eagle Acquisition Corp. (Nasdaq: EAGL) has gotten permission from its shareholders to close its upcoming merger with The Woodlands-based Target Logistics Management LLC, which goes by Target Lodging, and RL Signor Holdings LLC, which goes by Signor Lodging.
Jeff Sagansky and Eli Baker — CEO and president, respectively, of Platinum Eagle — will stay on the company’s board even after the merger closes, Sagansky said. He said he plans to stay involved without getting…
EQT names new COO
EQT Corp. announced the appointment of Gary Gould as executive vice president and COO on Thursday.
He is set to start the job next month.
The appointment comes as EQT (NYSE:EQT) CEO Rob McNally is facing pressure from former Rice Energy executives Derek and Toby Rice.
McNally, though, sees Gould’s appointment as a step in the right direction for the company, which is looking to cut costs.
“As evidenced by our strong fourth quarter performance, we are focused on enhancing operations, increasing…
State sues Exxon Mobil over South Jersey pollution
The state of New Jersey is suing Exxon Mobil Corp. over petroleum products it alleges were dumped at the petrochemical company’s Gloucester County property in South Jersey over a 70-year period.
The state’s Department of Environmental Protection is the plaintiff in the lawsuit filed Thursday, seeking to make Exxon pay for pollution clean-up of petroleum products containing PCBs, dumped at a 12-acre property in Paulsboro and East Greenwich near the Delaware River, known as the company’s Lail site.
It’s…
Water Cooler Talk: Why this Hopkins doctor bought the first Hyundai Kona Electric in the U.S.
Dr. Donald Small has driven an electric vehicle for seven years and is an advocate for clean energy.
2019 Largest Houston-Area Oil Producers
Information was obtained from Texas Railroad Commission.
EDITOR’S NOTES: Nuclear project at UTSA brings out the Rickover in me
While the commercial potential for nuclear fuel able to hold up under emergency conditions that would otherwise ruin available fuels is noteworthy on its face, my interest goes beyond that.
Women are crowding into Tampa Bay’s board rooms, but the likes of Ginni Rometty and Safra Catz are few and far between
Over the past five years, women have steadily taken on greater leadership roles and representation in the board room, and the ripple effects have come in the forms of bigger paydays and ever more responsibility for female CEOs.
Occidental’s CEO shares how she kept from cutting jobs during the downturn
Occidental Petroleum Corp. (NYSE: OXY) is going to be growing the number of employees at its Houston headquarters as it expands its efforts to reduce its carbon footprint.
Oxy CEO Vicki Hollub has long been preaching the benefits of carbon capture and enhanced oil recovery, which leaves carbon sequestered in deep geological formations. Now, she says the company’s low carbon ventures team will probably become a business segment unto itself.
That means headcount growth in Houston, Hollub said.…
Challenges oil and gas companies could face in 2019
Greg Hill is a partner at the Hogan Lovells’ Houston office and has represented clients engaged in a broad range of industries including diversified industrial services and petrochemical across 20 years.
Hill’s primary focus is now on the midstream sector, pipeline systems, processing and storage. He recently shared his thoughts about potential challenges the oil and gas industry could face in 2019.
Oil and natural gas production has dramatically increased in the United States over the past…
Property owner marketing space for lease at former Andeavor HQ
The marketed floors contain more than 85,000 square feet.
