Anadarko Petroleum Corp., the oil and natural-gas producer that made $22.5 billion in acquisitions last year, said Monday it expects to lay off “at least” 500 people as it sells assets and refocuses operations.
The job cuts would occur by May 30, according to a letter from Preston Johnson, vice president of Human Resources, filed [...]

Oil and gas explorer Anadarko Petroleum Corp. enjoyed sizable profits this year, bolstered by higher gasoline prices and blockbuster acquisitions, but its stock lagged because of higher debt.
The Woodlands, Texas-based company, with a market capitalization of $20.07 billion, goes up against larger competitors like BP PLC, ConocoPhillips, and Exxon Mobil Corp. in the exploration, development, [...]

It’s a great time to have a newly minted degree in petroleum engineering.
The recent dip in oil and gasoline prices hasn’t dented an over-the-top demand for entry-level petroleum engineers and others with energy-related technical educations, experts say.
A graduate with a degree in petroleum engineering can expect a starting salary of $70,000 a year, sometimes [...]

Arch Coal Inc. said Thursday that Brian Jennings was elected to its board of directors effective immediately. He will serve on the board’s finance and audit committees.
Steven Leer, Arch Coal’s chairman and CEO, said in a statement, “Brian’s expertise in corporate finance for the global energy industry will be extremely valuable to the board and [...]

Standing tall amid sunflowers and bales of hay, a greasy drilling rig roared loudly, a recent addition to an otherwise idyllic ranch north of Dallas, Texas.
Other signs of change sweep across rolling green fields — green-painted gas wells, large trucks trundling across narrow country roads and a mesh of pipes peeking out of bushes.
This is [...]

Standing tall amid sunflowers and bales of hay, a greasy drilling rig roared loudly, a recent addition to an otherwise idyllic ranch north of Dallas, Texas.
Other signs of change sweep across rolling green fields — green-painted gas wells, large trucks trundling across narrow country roads and a mesh of pipes peeking out of bushes.
This is [...]

Companies working hard to squeeze more energy out of area rocks
Producing natural gas from shale — a thin, nonporous rock — is the newest wrinkle at some of Oklahoma’s biggest energy companies and a source of energy some say could be vital to meeting U.S. demand.
Encouraged by the explosive growth of natural gas production [...]