It’s no secret that corporate social responsibility (CSR) programs are good for business as well as the community. They improve employee engagement, increase customer loyalty and elevate corporate brands. But while most companies build their CSR programs around monetary donations and employee volunteerism, there is another form of giving...
Developing and executing a strategic plan to help manage real estate and occupancy costs is an important consideration for oil and gas companies. A well thought out plan will have long term financial implications and will impact the ability to attract and retain talent moving forward. By sharing some...
Years ago, Texas was a predominantly rural state. Populations of cities and counties in the late 1800s and early 1900s were much more evenly distributed back then. If we look back to the 1860s, we would note that nearly 60 percent of the U.S. workforce consisted of farmers. In...
As we move further into 2019, we’d like to give an overview of the trends we see developing in the cybersecurity and data privacy area for the year. We’ll be sure to elaborate on these areas with more details as they unfold. State legislation continues to move the data privacy...
Truck attainment has been a key challenge for private fleets, for-hire carriers, and organizations that rely on trucking across many industries, including manufacturing, construction and oil and gas. This challenge has been accentuated by the backlog of orders for Class-8 heavy-duty trucks, largely stemming from an American economy that...
Since its inception, technology has driven the development and transformation of the oil and gas industry. Technologies to locate and extract oil and gas reserves enabled the shale revolution, and a new revolution is around the corner for oil and gas exploration and production companies. While it might sound...
Since South Texan Charlie Wheeler decided in 2012 to start OTG Services, the one-stop oilfield shop, his company has become rapidly successful with intentions to thrive in generations to come.
The Port of Corpus Christi Authority reached several milestones in the development of the crude oil export terminal on currently planned for Harbor Island, Texas. Corpus Christi-based Lone Star Ports, LLC (Lone Star Ports) will lead the development of the Terminal, the first U.S. onshore export terminal servicing fully-laden Very...
For public companies with a Dec. 31, 2018, fiscal year-end, new hedge accounting rules will become effective Jan. 1, 2019. The FASB issued the new hedge accounting guidance Aug. 28, 2017, through Accounting Standards Update (ASU) No. 2017-12. The ASU provided the election to early adopt the new guidance...
Let’s face it — housing, especially in areas like the Permian Basin, is hard to come by. Companies in energy, construction and similar industries with the need for short-term housing can find it difficult to locate housing options that are both convenient and affordable.
