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4 Houston energy companies named best places to work by U.S. News

Where to Work

Chevron ranks among America's best places to work. Photo courtesy of Chevron

Nearly a dozen public and private Houston-based companies have been hailed among the best places to work in 2025 by U.S. News and World Report, with four from the energy sector.

The annual "U.S. News Best Companies to Work For" report examines thousands of publicly-traded companies around the world to determine the best employers based on six metrics including work-life balance and flexibility; quality of pay and benefits; job and company stability; career opportunities and professional development; and more. The companies were not ranked, but included based on reader surveys and publicly available data about each workplace.

New for the 2025-2026 ratings,U.S. News expanded its methodology to include privately owned companies and companies with internship opportunities for recent graduates and new, current, and prospective students. Companies were also grouped into job-specific and industry-specific lists, and the publication also added a new list highlighting "employers that are particularly friendly to employees who are also caregivers in their personal lives."

U.S. News included seven publicly-traded companies and four privately owned companies in Houston on the lists.

Houston-based energy companies on the list

It may not come as a surprise that oil and gas corporation Chevron landed at the top of the list of top public employers in the Energy Capital of the World. The energy giant currently employs more than 45,000 people, earns $193.47 billion in annual revenue, and has a market cap of $238.74 billion. The company earned high ratings by U.S. News for its job stability, "belongingness," and quality of pay.

Chevron also appeared in U.S. News'industry-specific "Best in Energy and Resources" list, the "Best Companies in the South" list, and the "Best for Internships" list.

Chevron is joined by three other Houston energy leaders:

  • Calpine – Best in Energy and Resources; Best Companies (overall)
  • ConocoPhillips – Best in Energy and Resources; Best Companies (overall); Best in Caregiving; Best Companies in the South
  • Occidental – Best in Energy and Resources; Best Companies (overall); Best Companies in the South

Other top companies to work for in Houston are:

  • American Bureau of Shipping (ABS) — Best in Engineering and Construction; Best Companies (overall)
  • Hines – Best in Real Estate and Facilities Management; Best Companies (overall)
  • Insperity, Kingwood – Best in Healthcare and Research; Best Companies (overall); Best in Caregiving; Best Companies in the South
  • KBR – Best in Engineering and Construction; Best Companies (overall); Best Companies in the South
  • Men's Warehouse – Best in Consumer Products; Best Companies (overall)
  • PROS – Best in Information Technology; Best Companies (overall); Best Companies in the South
  • Skyward Specialty Insurance – Best in Finance and Insurance; Best Companies (overall); Best Companies in the South
"'Best' is a subjective term relative to career satisfaction, and many aspects factor into someone’s decision to apply for a job with any given company," U.S. News said. "But some universally desired factors can contribute to a good workplace, such as quality pay, good work-life balance, and opportunities for professional development and advancement

In all, 30 employers headquartered in the Lone Star State made it onto U.S. News' 2025-2026 "Best Places to Work For" lists. Houston and the Dallas-Fort Worth metro area tied for the most employers make the list, at 11 companies each. Diamondback Energy in Midland was the only company from West Texas to make it on the list for the second year in a row.

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A version of this article originally appeared on CultureMap.com.
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ExxonMobil has agreed to transport CO2 from Calpine Corp.’s Baytown Energy Center. Photo via Getty Images.

Exxon expands CO2 storage network with Calpine agreement

power deal

ExxonMobil Corp. has agreed to transport and permanently store up to 2 million metric tons per year of CO2 from Calpine Corp.’s Baytown Energy Center.

The strategic agreement is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project, which is designed to capture the energy center’s CO2 emissions and enable the supply of low-carbon electricity. It’s also in line with Exxon’s broader strategy to expand its CCS infrastructure along the Gulf Coast.

“Calpine is excited to partner with ExxonMobil to achieve this important project milestone,” Caleb Stephenson, Calpine Executive Vice President, said in a news release. “As the largest U.S. generator of electricity from natural gas, we understand that the nation’s gas fleet will remain the backbone of the grid for decades to come. We believe CCS is an actionable and cost-effective way to meet customers' demand for reliable power and alleviate concerns about the indisputable long-term need for gas-fired facilities. Low-cost natural gas along with carbon capture technology and widespread geologic storage resources can bolster U.S. energy, natural gas use, jobs, and export strength.”

The Baytown CCS Project is expected to produce about 500 megawatts of low-carbon electricity, which Calpine said is enough to power more than 500,000 homes. It can also provide steam for nearby industrial purposes.

The project anticipates creating construction and other full-time jobs, with engineering, permitting, and other development activities coming soon.

"We’re thrilled to work with Calpine on this project that supports American energy security, enhances industrial competitiveness and leverages America’s abundant low-cost natural gas resources," Barry Engle, President of ExxonMobil Low Carbon Solutions, said in a news release. “This agreement underscores the growing confidence our customers across diverse sectors—including steel, fertilizer, industrial gases, natural gas processing, and now power generation—have in our unique end-to-end CCS system.”

This is ExxonMobil’s sixth CCS customer, bringing the company's total amount of CO2 under contract to approximately 16 million tons a year, according to the company. The CO2 from Calpine’s facility will tie into ExxonMobil’s CO2 pipeline system on the Gulf Coast.

Houston's Calpine Corp. will be acquired by Baltimore-based nuclear power company Constellation Energy Corp. Photo via DOE

Houston-based Calpine Corp. to be acquired in clean energy megadeal

big deal

Baltimore-based nuclear power company Constellation Energy Corp. and Houston-based Calpine Corp. have entered into an agreement where Constellation will acquire Calpine in a cash and stock transaction with an overall net purchase price of $26.6 billion.

The companies say the agreement has the potential to create America’s “largest clean energy provider,” with what is reported to be the largest fleet of U.S. power stations servicing about 2.5 million customers.

“This is an incredible opportunity to bring together top tier generation fleets, leading retail customer businesses and the best people in our industry to help drive a stronger American economy for a cleaner, healthier and more sustainable future,” Andrew Novotny, president and CEO of Calpine, said in a news release.

Calpine is the largest U.S. producer of energy from low-emission natural gas generation and oversees the largest geothermal generation operation in the U.S. Last year it announced plans to build the Baytown Carbon Capture and Storage Project (Baytown CCS Project), a first-of-its-kind carbon capture demonstration facility, as part of a cost-sharing agreement with the U.S. Department of Energy.

Constellation is considered the top clean energy producer in the U.S., which provides 10 percent of the country’s emissions-free energy. The deal will add to Constellation’s already diverse portfolio of zero- and low-emission sources, including nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.

“Both companies have been at the forefront of America’s transition to cleaner, more reliable and secure energy, and those shared values will guide us as we pursue investments in new and existing clean technologies to meet rising demand,” Joe Dominguez, president and CEO of Constellation, said the release. “What makes this combination even more special is it brings together two world-class teams, with the most talented women and men in the industry, who share a noble passion for safety, sustainability, operational excellence and helping America’s families, businesses and communities thrive and grow. We look forward to welcoming the Calpine team upon closing of this transaction.”

Constellation also announced that it will invest in adding more zero-emission energy to the grid to create “the most reliable generation portfolio in the U.S.” It plans to explore new advanced nuclear projects, invest in renewables and increase the output of existing nuclear plants.

“Together, we will be better positioned to bring accelerated investment in everything from zero-emission nuclear energy to battery storage that will power our economy in a way that puts people and our environment first,” Novotny said in a news release. “It’s a win for every American family and business in our newly combined footprint that wants clean and reliable energy. ECP’s commitment to these goals over the last seven years was critical to the progress we have made as a company and to laying a foundation for future growth.”

Houston power company Calpine announced plans to build the Baytown Carbon Capture and Storage Project, a carbon capture demonstration facility that aims to capture carbon dioxide from the Baytown Energy Center. Photo via DOE

First-of-its-kind, DOE-backed plant coming to Houston area

Carbon capture and storage

The first full-scale implementation of carbon capture and storage technology at a natural gas combined cycle power plant in the U.S. is coming to Baytown.

Houston power company Calpine announced plans to build the Baytown Carbon Capture and Storage Project (Baytown CCS Project), which is a carbon capture demonstration facility that aims to capture carbon dioxide from the Baytown Energy Center (BEC). The BEC is a natural gas combined-cycle power plant in Baytown.

The Department of Energy recently announced that it will share in the cost of up to $270 million on the Baytown project. The DOE revealed more details on the project on its website.

The project aims to utilize Shell’s CANSOLV point-source technology to capture up to 2 million metric tons of CO2 per year, which is equivalent to the annual emissions of nearly 450,000 gasoline-powered cars. In addition, the project plans to sequester the CO2 in saline storage sites on the Gulf Coast.

Evaluating the use of greywater cooling to minimize freshwater consumption by reusing wastewater, the project’s primary power and steam off-taker Covestro hopes to prove “technologies that showcase the benefits of decarbonized process heat and electricity in the industrial sector,” according to a news release.

In December of 2023, Calpine was selected by the Department of Energy's Office of Clean Energy Demonstrations for a cost-sharing agreement for a commercial-scale carbon capture and storage project.

"This is a critical step towards decarbonizing Calpine’s facility, which is located on our Covestro Baytown site,” Demetri Zervoudis, Covestro head of operations for North America and Baytown site general manager, said in a previous news release. “Carbon capture and storage technology is an important tool for the chemical industry to reduce carbon emissions, and it is encouraging to see Calpine at the forefront of this transition.”

The Baytown Decarbonization Project was developed collaboratively with local stakeholders in East Houston. According to the company, the project has already incorporated community feedback into the project designs to reduce non-CO2 air pollutants and minimize the usage of freshwater. The company estimates creating 22-26 permanent jobs and 1,500,000 hours of construction jobs and has partnerships with minority-serving institutions.

“Carbon capture is an important technology for decarbonizing the electricity sector and the economy,” Thad Hill, CEO of Calpine Corp said in 2023 when the DOE decided to work with the CSS program. “Calpine is very grateful for the commitment and support for the project by our stakeholders.”

Calpine’s Baytown Decarbonization Project will capture around two million metric tons of carbon dioxide for permanent sequestration each year. Photo via LinkedIn

DOE taps Houston company's facility to advance carbon capture, storage infrastructure

greenlight

Earlier this month, a Houston power company was selected by the Department of Energy's Office of Clean Energy Demonstrations for a cost-sharing agreement for a commercial-scale carbon capture and storage project.

Calpine's Baytown Decarbonization project is projected to capture and store about two million metric tons of carbon dioxide each year. The Baytown Energy Center is an existing 896-megawatt natural gas combined heat and power facility, according to a news release, "that provides steam and power to the adjacent Covestro chemicals manufacturing facility as well as power to the Texas electric grid."

The project will add post-combustion carbon capture equipment that will reduce the emissions intensity of two of its three combustion turbines at a design capture rate of 95 percent. In addition to the Baytown project, the DOE also selected Calpine’s carbon capture project at its Sutter Energy Center in California.

“We are very pleased and honored that the DOE has recognized the quality of this project and the strength of Calpine’s CCS program,” Thad Hill, CEO of Calpine Corp., says in the release. “We are looking forward to working with the DOE to finalize the cost-sharing agreement and with our other stakeholders to advance the development of the Baytown Decarbonization Project. Carbon capture is an important technology for decarbonizing the electricity sector and the economy. Calpine is very grateful for the commitment and support for the project by our stakeholders.”

The Baytown Decarbonization Project is being developed collaboratively with local stakeholders in East Houston. In addition to expanding full-time job opportunities, Calpine will enhance workforce development programs, target procurement with diverse and small business enterprises, and work with local schools and other organizations.

"This is a critical step towards decarbonizing Calpine’s facility, which is located on our Covestro Baytown site,” Demetri Zervoudis, Covestro head of operations for North America and Baytown site general manager, says in the release. “Carbon capture and storage technology is an important tool for the chemical industry to reduce carbon emissions, and it is encouraging to see Calpine at the forefront of this transition.”

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18 Houston-based energy companies land on Forbes Global 2000 list

Forbes 2000

More than 60 Texas-based companies appear on Forbes’ 2025 list of the world’s 2,000 biggest publicly traded companies, and nearly half come from Houston, the majority in the energy sector.

Among Texas companies whose stock is publicly traded, Spring-based ExxonMobil is the highest ranked at No. 13 globally.

Rounding out Texas’ top five are Houston-based Chevron (No. 30), Dallas-based AT&T (No. 35), Austin-based Oracle (No. 66), and Austin-based Tesla (No. 69).

Ranking first in the world is New York City-based J.P. Morgan Chase.

Forbes compiled this year’s Global 2000 list using data from FactSet Research to analyze the biggest public companies based on four metrics: sales, profit, assets, and market value.

“The annual Forbes Global 2000 list features the companies shaping today’s global markets and moving them worldwide,” said Hank Tucker, a staff writer at Forbes. “This year’s list showcases how despite a complex geopolitical landscape, globalization has continued to fuel decades of economic growth, with the world’s largest companies more than tripling in size across multiple measures in the past 20 years.”

The U.S. topped the list with 612 companies, followed by China with 317 and Japan with 180.

Here are the rest of the Texas-based companies in the Forbes 2000, grouped by the location of their headquarters and followed by their global ranking.

Houston area (those in the energy sector are in bold)

  • ConocoPhillips (No. 105)
  • Phillips 66 (No. 276)
  • SLB (No. 296)
  • EOG Resources (No. 297)
  • Occidental Petroleum (No. 302)
  • Waste Management (No. 351)
  • Kinder Morgan (No. 370)
  • Hewlett Packard Enterprise (No. 379)
  • Baker Hughes (No. 403)
  • Cheniere Energy (No. 415)
  • Corebridge Financial (No. 424)
  • Sysco (No. 448)
  • Halliburton (No. 641)
  • Targa Resources (No. 651)
  • NRG Energy (No. 667)
  • Quanta Services (No. 722)
  • CenterPoint Energy (No. 783)
  • Coterra Energy (No. 1,138)
  • Crown Castle International (No. 1,146)
  • Westlake Corp. (No. 1,199)
  • APA Corp. (No. 1,467)
  • Comfort Systems USA (No. 1,629)
  • Group 1 Automotive (No. 1,653)
  • Talen Energy (No. 1,854)
  • Prosperity Bancshares (No. 1,855)
  • NOV (No. 1,980)

Austin area

  • Dell Technologies (No. 183)
  • Flex (No. 887)
  • Digital Realty Trust (No. 1,063)
  • CrowdStrike (No. 1,490)

Dallas-Fort Worth

  • Caterpillar (No. 118)
  • Charles Schwab (No. 124)
  • McKesson (No. 195)
  • D.R. Horton (No. 365)
  • Texas Instruments (No. 374)
  • Vistra Energy (No. 437)
  • CBRE (No. 582)
  • Kimberly-Clark (No. 639)
  • Tenet Healthcare (No. 691)
  • American Airlines (No. 834)
  • Southwest Airlines (No. 844)
  • Atmos Energy (No. 1,025)
  • Builders FirstSource (No. 1,039)
  • Copart (No. 1,062)
  • Fluor (No. 1,153)
  • Jacobs Solutions (1,232)
  • Globe Life (1,285)
  • AECOM (No. 1,371)
  • Lennox International (No. 1,486)
  • HF Sinclair (No. 1,532)
  • Invitation Homes (No. 1,603)
  • Celanese (No. 1,845)
  • Tyler Technologies (No. 1,942)

San Antonio

  • Valero Energy (No. 397)
  • Cullen/Frost Bankers (No. 1,560)

Midland

  • Diamondback Energy (No. 471)
  • Permian Resources (No. 1,762)
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A version of this article originally appeared on CultureMap.com.

Hydrogen Technology Expo expected to bring largest event yet to NRG Center

where to be

The Hydrogen Technology Expo North America returns to NRG Center this month, June 25-26, and is slated to be the largest yet with an expected 10,000 attendees, 500 exhibitors, 200 speakers and more than 100 hours of content.

The 2025 event will feature cutting-edge technologies, interactive panel discussions and networking opportunities while targeting industries looking to adopt hydrogen and fuel cell technology to help decarbonize their sectors. The event will be co-located with the Carbon Capture Technology Expo North America.

The 2025 expo will introduce the new Ammonia Zone, a dedicated area fostering collaboration with industries leveraging ammonia as a key component in the hydrogen economy. It will also offer one- and two-day passes for the first time.

The expo is divided into five tracks:

  • Strategic forum
  • Hydrogen and alternative fuel production
  • Infrastructure and integration
  • Mobility and propulsion systems
  • Carbon capture, utilization and storage

Speakers include Martin Perez, former associate director for carbon capture at the office of clean energy demonstrations for the U.S. Department of Energy; Frank Wolak, president and CEO of Fuel Cell and Hydrogen Energy Association; Seema Santhakumar, hydrogen market development leader –Americas at Baker Hughes; Rich Byrnes, chief infrastructure officer for Port Houston; and many others. A full list of exhibitors can be found here.

Technologies on display will include storage systems, industrial plant technologies, liquefaction technologies, advanced materials and composites, gasification technology, simulation and evaluation, safety systems, hydrogen fuels, hydrogen injectors, line assemblies, fuel-cell control units and more.

“The Hydrogen Technology Expo offers industry leaders a valuable opportunity to network and stay informed about the latest developments in the rapidly evolving world of hydrogen,” Susan Shifflett, Executive Director at Texas Hydrogen Alliance, said. “We’re a proud partner of the show.”

Entry to the exhibition hall is free of charge. Passes start at $450. Find more information about how to register here.

CenterPoint reaches agreement on SRP to significantly reduce outages

grid resilience

CenterPoint Energy has reached a settlement agreement with parties to its 2026-2028 Systemwide Resiliency Plan (SRP), which will represent the largest single grid resiliency investment in CenterPoint's history.

The plan is expected to reduce storm-related outages by 1 billion minutes for its 2.8 million customers by 2029 and build on the first two phases of the company's Greater Houston Resiliency Initiative (GHRI), according to a release from CenterPoint.

This SRP is designed to further address the impacts of extreme weather threats. The deal, which is subject to Public Utility Commission of Texas (PUCT) review and approval, reflects discussions with intervening parties following the filing of CenterPoint's enhanced SRP with the PUCT in January 2025.

“Our plan is cost-effective and will build on the progress we've made to date through the Greater Houston Resiliency Initiative,” Jason Wells, president and CEO of CenterPoint, said in a news release. “We believe that these resiliency actions will help create a future with fewer outages that impact smaller clusters of customers, coupled with faster restoration times for our Greater Houston communities.”

Included in the SRP is a revised, agreed-upon investment of more than $3 billion in CenterPoint's electric distribution system, and also includes the deferment of more than $240 million in SRP costs until the second half of 2029, which will spread the costs out for customers over a four-year period. All SRP work will be completed in the proposed 2026-2028 timeframe, once approved.

The plan will target high-risk areas. Key initiatives include:

  • Distributing 130,000 stronger storm-resilient poles
  • Clearing 100 percent of power lines of hazardous vegetation every three years
  • Undergrounding more than 50 percent of CenterPoint's system
  • Modernizing 20,150 spans of underground cables
  • Automating lines serving the most customers to make them capable of “self-healing”

CenterPoint also announced it will continue its nearly $2 billion investment planned for the electric transmission system, which includes rebuilding or upgrading 2,200 structures to help withstand extreme weather.

The SRP investment in the electric distribution system would add $1.40 per month for an average residential customer each year from 2026 through 2028, with a final $0.60 per month added in 2030, according to the news release.

“This is another major step on our strategic roadmap to building and operating the most resilient coastal grid in the nation,” Wells said in the release.

In preparation for filing the SRP, CenterPoint ran 30 community meetings, listening sessions and solicited feedback on the plan during the draft stages.

In April, CenterPoint began building a network of 100 new weather monitoring stations, which will provide 24/7 weather monitoring and storm response preparation, and in June began installing 100 new local weather monitoring stations as part of the GHRI Phase 2. Also in April, CenterPoint began a collaboration between AI-powered predictive modeling platform company Neara and utility infrastructure asset assessment solutions company Osmose.

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