• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 11 hours One Last Warning For The U.S. Shale Patch
  • 7 hours Modular Nuclear Reactors
  • 15 hours Once Upon A Time... North Korea Abruptly Withdraws Staff From Liaison Office
  • 6 hours Oil Slips Further From 2019 Highs On Trade Worries
  • 16 hours Chile Tests Floating Solar Farm
  • 6 hours Poll: Will Renewables Save the World?
  • 1 day China's E-Buses Killing Diesel Demand
  • 1 day Trump sells out his base to please Wallstreet and Oil industry
  • 1 day China's Expansion: Italy Leads Europe Into China’s Embrace
  • 6 hours Read: OPEC THREATENED TO KILL US SHALE
  • 2 days Russian Effect: U.S. May Soon Pause Preparations For Delivering F-35s To Turkey
  • 2 days Trump Tariffs On China Working
  • 2 days Biomass, Ethanol No Longer Green
  • 1 day New Rebate For EVs in Canada
Oilfield Services Might Not Fully Recover Till 2025

Oilfield Services Might Not Fully Recover Till 2025

The global oilfield service sector’s…

Oil Prices Dive On Economic Fears

Oil Prices Dive On Economic Fears

While it seemed like the…

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