Skip Navigation
Share on Facebook
Share on SMS
Share on Email
Navigation
News
Back
Local
Near Me
Texas
Politics
Nation World
Investigations
Entertainment
Heartwarming
Features
VERIFY
Health
Latest News Stories
Houston's Pancho Claus calling on community for help to keep Christmas tradition alive after facing health setback
Mother empties bank account to pay scammers who claimed they were going to hurt her daughter
Weather
Back
Forecast
Radar
10-Day
Maps
Hurricane
Traffic
Live Webcams
Latest Weather Stories
KHOU 11 Neighborhood Weather Network
Thanksgiving cold front to bring overcast skies and drizzle
Sports
Back
High School Sports
Texans
Rockets
Astros
Extra
Dynamo
JJ Watt
Locked On Podcast Network
VERIFY
Search
Search:
Search
Right Now
Houston, TX »
70°
Houston, TX »
Weather
Closings
Election 2024
Our Story, Our History
Texans Helping Texans
Education Station
Great Day Houston
Hurricane season
Contest
Advertise
Harris County
Beryl aftermath
Juneteenth
Health Matters
KHOU 11 70 years
Investigations
VERIFY
At the border
Live Webcams
Breaking News
More (
) »
Houston's Leading Local News: Weather, Traffic, Sports and more | Houston, Texas | KHOU.com
Oil and Gas
Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations
Oil Gas
At least 500 Houston employees of Marathon Oil will lose jobs after merger with ConocoPhillips
The merger announced in May is expected to close by the end of the year leading to mass layoffs at Marathon's Houston headquarters.
Local News
Another California company will soon call Texas home
The company already has 7,000 employees in the Houston area versus 2,000 in California.
Crime
Ex-Houston energy company president sentenced for $5.5M in illegal kickbacks and commodities insider trading scheme
Matthew Clark, of Needville, was sentenced to six years in federal prison and ordered to pay $7,709,509 in restitution and forfeit $6,532,360.
Oil Gas
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise
The deal is expected to close in the fourth quarter. It still needs approval from Marathon Oil stockholders.
National
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
The FTC, which shares antitrust authority with the Justice Department, can sue in court to block a merger or decline to take action, effectively clearing the deal.
Oil Gas
Gas prices drop more than 60 days in a row. Here's why
As of Tuesday, the national average for gas prices stood just below $3.25, according to AAA.
Economy
Exxon profit falls compared with record-setting numbers last year, but consolidation in full swing
Exxon Mobil Corp. earned $9.07 billion, or $2.25 per share in the period. That compares with $19.66 billion, or $4.68 per share, a year earlier.
Nation World
Chevron buys Hess for $53 billion as the biggest US oil companies get even bigger
The deal comes less than two weeks after Exxon Mobil said it would acquire Pioneer Natural Resources for about $60 billion.
Oil Gas
Chevron buys Hess for $53 billion as the biggest US oil companies get even bigger
The deal comes less than two weeks after Exxon Mobil said it would acquire Pioneer Natural Resources for about $60 billion.
Oil Gas
ERCOT warns cold weather could strain Texas' energy supply
'We have a potential problem this winter because the market has not provided the level of dispatchable resources that Texas needs," the ERCOT board vice chair said.
Oil Gas
Exxon Mobil doubles down on fossil fuels with $59.5 billion acquisition
Exxon is committing about $64.5 billion to the acquisition, leaving no doubt of the Texas energy company's commitment to fossil fuels as energy prices surge.
Before You Leave, Check This Out
KHOU would like to send you push notifications about the latest news and weather.
Notifications can be turned off anytime in the browser settings.
No Thanks
Allow
