Moves out of downtown Houston

Shell largely abandons its iconic tower in downtown Houston and consolidates workers on the west side of town in its Woodcreek complex in the Energy Corridor and the Shell Technology Center a few miles south of Woodcreek. Only Shell’s energy trading team will remain downtown. The move – largely to cut costs in the ongoing oil bust – continues the exodus of Big Oil from downtown Houston. Exxon Mobil moved out when it built its massive new campus by Spring. Of Houston’s Ten largest energy employers, just Chevron and CenterPoint Energy remain downtown.