Inside Houston's nearest nuclear plant

Trekking about 90 miles southwest of Houston brings you to Texas’ first nuclear plant — finished in 1989 — with plans slowly moving forward to double its 2,700 megawatts of electricity output.

The South Texas Project Electric Generating Station is run by the STP Nuclear Operating Co., which is 44 percent owned by New Jersey- and Houston-based NRG Energy Inc. (NYSE: NRG). The rest of it is owned by major Texas municipalities. The STP plant provides energy to about two million Texas homes.

One…

Range Resources ranks among most trustworthy companies

Range Resources Corp. ranked among the most trustworthy large companies in the United States, according to MSCI ESG Research.

Fort Worth-based Range (NYSE: RRC) has a market capitalization of $8.4 billion and scored 89 points out of 100 on the Aggressive Accounting and Governance Risk composite score.

Companies on the list “consistently demonstrated transparent accounting practices and solid governance,” according to Forbes.

Range is the only North Texas company on the list.

The AGR ranking…

Former Leidos executive seeking $45M in lawsuit against company, former CEO

A former Leidos Holdings Inc. executive is accusing the Reston-based government contractor of discrimination and wrongful termination and alleging the company and its former CEO defamed him.

In an amended complaint filed March 30 in U.S. District Court in Alexandria, Joseph Craver, a former president of the company’s health and engineering sector, alleges Leidos and former CEO John Jumper fired him in December 2013 because he was diagnosed with Parkinson’s disease.

Craver is seeking more than…

In this week's edition: Why we're not different here in ABQ (and 4 more things you need to know)

Lots of people believe Albuquerque’s geography means mass transit isn’t a thing and development here will be tethered to cars forever.

Lots of people are wrong about that, and in the April 3 weekly edition of Albuquerque Business First, reporter Damon Scott explains why in our cover story.

Here are four more things you won’t want to miss in this week’s issue:

• A Q&A with Pat Vincent-Collawn, chairman, president and CEO of PNM Resources and our keynote speaker for Mentoring Monday this week,…

OTC 2015: Tech awards doled out before big conference hits Houston

The Offshore Technology Conference selected 17 new technologies from 14 companies for its 2015 Spotlight on New Technology award winners. In order to be selected, a technology has to be less than two years old, innovative and proven.

This year’s award winners are mainly focused on cost-efficient ways to manage, maintain and inspect different aspects of the oil recovery process. However, there were a few wild cards. In addition this year, OTC created a new award honoring technologies created by…