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Company Operations News

Wednesday, April 26, 2017   (Today)

Company Operations News

Tullow Says Promoting CEO To Chairman Best For Company
Tullow proposes to appoint its outgoing CEO as chairman.

Cenovus Energy Posts Smaller-Than-Expected Quarterly Loss
Cenovus Energy reports a smaller-than-expected quarterly loss as operating costs fell, while oil sands production rose.

Hess Reports Smaller Loss As Oil Prices Rise, Costs Fall
Hess reports a smaller quarterly loss as a rise in oil prices and fall in costs helped the US oil producer offset a drop in production.



Tuesday, April 25, 2017

Company Operations News

Baker Hughes Expects N. America Revenue To Rise In 2Q
Baker Hughes expects revenue from North America to rise in the current quarter from the first as oil producers drill more onshore wells.

Feasibility Study For Rosneft/Exxon Russia LNG Plant Seen By Mid-2017
A feasibility study for a liquefied natural gas plant in Sakhalin, designed by Russia's Rosneft and USA's ExxonMobil, should be ready by the middle of 2017.

Petrofac Secures $70MM Services Contracts in Iraq
Petrofac secures a series of contract awards worth more than $70 million for engineering, operations and maintenance services in Iraq.



Monday, April 24, 2017

Company Operations News

South Sudan Says Talks Over Blocks B1 And B2 End, Seeks New Partners
South Sudan says Blocks B1 and B2 are open for direct negotiation after talks with Total, Tullow Oil and the Kuwait Foreign Petroleum Exploration Company break down.

Petronas Awards 'Key' Offshore Contract
Petronas Carigali Sdn Bhd (PCSB), a subsidiary of Petronas, awards a "key contract" to Perbadanan Urusan Kejuruteraan dan Limbungan Brooke.



Friday, April 21, 2017

Company Operations News

Baker Hughes: US Drillers Add Oil Rigs For 14th Week In A Row
US drillers added oil rigs for a 14th week in a row, extending an 11-month recovery.

Israel's Delek Says Ithaca Shareholders Approve Takeover Bid
Israel's Delek Group says its offer to take over North Sea oil producer Ithaca Energy has been accepted by Ithaca's shareholders.



Thursday, April 20, 2017

Company Operations News

Oil-Sands Operators Bet on Local Advantage as US Partners Flee
Now that multinational energy producers have sold their stakes in Canada's oil sands, local companies are hatching plans to make some real changes.

Contest Launched Among Street Art Painters for Yamal LNG Tank Design
JSC Yamal LNG is holding a contest among street art painters and artists to determine a winning design for the Yamal LNG tanks, situated above the Arctic Circle in the Yamal Peninsula.

KBR, PT Singgar to Provide Staff for Engineering Work After Contract Win
KBR and PT Singgar Mulia Engineering Consultants will provide local and global personnel to conduct engineering, project and construction management services for Chevron's Indonesian fields.



Wednesday, April 19, 2017

Company Operations News

Shell Opens Treatment Plant In Argentina Shale Play
Royal Dutch Shell PLC inaugurated on Tuesday a treatment plant for shale oil and gas in Argentina's Vaca Muerta shale play, one of the world's largest.

BEIS Committee Chair to Step Down
The Chair of the Business, Energy and Industrial Strategy Select Committee, Iain Wright, announces that he will be standing down.



Tuesday, April 18, 2017

Company Operations News

Energy XXI Gulf Coast Names New CEO
Oil and gas producer Energy XXI Gulf Coast taps former Yates Petroleum CEO Douglas E. Brooks as the new head of its company.

CNOOC CEO Resigns After Less Than A Year In Latest Board Reshuffle
CNOOC says chief executive officer Yang Hua has resigned, less than a year after being appointed to the top spot.



Monday, April 17, 2017

Company Operations News

Freeport-McMoRan Lays Off More Workers in Houston
Phoenix-based Freeport-McMoRan will be laying off additional staff in Houston as a result of its recent divestitures.



Friday, April 14, 2017

Company Operations News

Reformer At Ukraine's State-Run Naftogaz Resigns From Board
A key reformer at Ukraine's Naftogaz announces her resignation on from the state-run firm's supervisory board.



Thursday, April 13, 2017

Company Operations News

Tillerson Made $27.4 Million Last Year At ExxonMobil
US Secretary of State Rex Tillerson received compensation worth $27.4 million last year when he was chief executive of Exxon Mobil Corp.






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