• 4 minutes Trump will meet with executives in the energy industry to discuss the impact of COVID-19
  • 8 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 11 minutes Why Trump Is Right to Re-Open the Economy
  • 13 minutes Its going to be an oil bloodbath
  • 2 hours Ten days ago Trump sent New York Hydroxychloroquine. Being administered to infected. Covid deaths dropped last few days. Fewer on ventilators. Hydroxychloroquine "Cause and Effect" ?
  • 7 hours US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
  • 47 mins Russia's Rosneft Oil is screwed if they have to shut down production as a result of glut.
  • 12 hours Mr
  • 21 hours While China was covering up Covid-19 it went on an international buying spree for ventilators and masks. From Jan 7th until the end of February China bought 2.2 Billion masks !
  • 30 mins ‘If it saves a life’: Power cut to 1.5 million Californians
  • 9 hours Free market or Freeloading off the work of others?
  • 10 hours China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 11 hours Marine based energy generation
  • 16 hours Which producers will shut in first?
  • 23 hours What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
  • 23 hours Real Death Toll In CCP Virus May Be 12X Official Toll

Breaking News:

WTI Slides On Huge Crude Inventory Build

The Oil Price Crash Won’t Stop The Tesla Boom

The Oil Price Crash Won’t Stop The Tesla Boom

Low gasoline prices are generally…

Supermajor Slashes Spending As Oil Prices Collapse

Supermajor Slashes Spending As Oil Prices Collapse

Oil major ExxonMobil announced a…

The Top 10 Best Executive Pay Packages

The Top 10 Best Executive Pay Packages

Last year the top ten Houston-area business executives received compensation packages worth a combined $215 million.

According to Longnecker & Associates the top 100 best paid executives received packages that had increased by an average of 12.8 percent compared to 2010. Oil and gas companies dominate the list.

Below is a list of the top ten best paid executives and how much direct compensation they received in 2011. A more complete list can be found here.

1.    Marathon Oil Corp. President and CEO Clarence P. Cazalot made $31.5 million.
2.    Former CEO ConocoPhillips Jim Mulva made $27.7 million.
3.    LyondellBasell Industries CEO James L. Gallogly made $23.4 million.
4.    Anadarko Petroleum chairman and CEO James Hackett made $23.1 million.
5.    Cooper Industries Chairman and CEO Kirk Hachigian made $21.1 million.
6.    Former Nabors Industries CEO Eugene M. Isenberg made $19.4 million.
7.    American National Insurance Co. CEO and Chairman Robert Moody made $18.9 million.
8.    Schlumberger Chairman and former CEO Andrew Gould made $17.8 million.
9.    Nabors Industries President and CEO Anthony Petrello made $15.9 million.
10.    Halliburton CEO David Lesar made $15.8 million.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage




Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News