Ahead of Houston energy conference, Reuters show’s how city’s well-heeded hardest hit by oil rout

As the world top energy executives gathered in Houston for an annual conference, Reuters provided a timely story showing how the city’s well-heeled were among the hardest hit by the oil downturn, largely because tanking energy firm shares make up much of oil and gas executives’ compensation. Reuters then followed with an insightful look at a key frontier of shale oil producers’ battle for survival – labs and data centers doubling down on efforts to help companies boost productivity and slash costs to keep up with the sliding crude prices.

Article Tags
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Americas
Countries: Kazakhstan
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