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November 25, 2019
Indonesian President Joko Widodo ordered an overhaul of the management of state-owned oil giant PT Pertamina, as the former OPEC member seeks to reduce crude oil imports to rein in the current-account deficit.
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November 25, 2019
Carl Icahn plans to nominate a slate of 10 directors in an attempt to seize control of the board of U.S. oil and gas producer Occidental Petroleum, according to people familiar with the matter.
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November 20, 2019
Honoring the global energy industry's most successful firms, projects and innovations, Petroleum Economist has announced the winners of its 2019 Petroleum Economist Awards in 10 categories. Additionally, five awards were given to outstanding individuals for their industry contributions.
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November 15, 2019
Garcia has more than 30 years of financial experience and has held leadership roles in the oilfield services, automotive electronics, software and consulting, and business equipment industries.
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November 12, 2019
Chesapeake’s stock has tumbled as much as 43% in recent weeks, following a third quarter earnings report that raised doubts about the company’s ability to continue as a going concern.
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November 08, 2019
On Friday, at its 90th annual meeting, the Independent Petroleum Association of America (IPAA) bestowed its Chief Roughneck award on Occidental Petroleum President and CEO Vicki Hollub.
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November 05, 2019
The Brazilian Association of Petroleum Services Companies (ABESPetro) has elected new board and fiscal council members for its 2020/2021 session.
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November 04, 2019
Vicki Hollub is set to face investors for the first time since leading Occidental Petroleum Corp.’s controversial $37 billion purchase of Anadarko Petroleum.
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October 31, 2019
A New York courtroom was packed on Wednesday to see ex-Exxon Mobil Corp. CEO Rex Tillerson take the witness stand and explain that the company knew for years how climate change was a significant threat to the world.
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October 29, 2019
Keenan began his 45-year oilfield career as a petroleum geologist providing mudlogging and wellsite geological consulting services both on- and offshore in the U.S., North Sea, West Africa and the Middle East.
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October 29, 2019
The U.S. National Oceanic and Atmospheric Administration has reappointed Fugro USA President Edward Saade to its Hydrographic Services Review Panel. The 15-member federal advisory committee comprises individuals with a range of maritime expertise to provide independent recommendations for improved navigation services and coastal resilience.
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October 27, 2019
The high-profile geologist leading one of Apache Corp.’s most-important exploration ventures has stepped down. The company’s shares and bonds tumbled, and the cost to insure against default surged.
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October 24, 2019
Two activist investors in Marathon Petroleum say there is now broad-based shareholder support for immediate changes at the company including the resignation of chairman and CEO Gary Heminger.
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October 22, 2019
International oilfield services company Expro announced the appointment of Quinn Fanning as chief financial officer.
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October 21, 2019
Dan Brouillette has been serving as No. 2 to Perry, who led the Energy Department with its $36 billion budget and control of the nation’s nuclear arsenal and emergency crude oil stockpile.
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October 17, 2019
More than 350 of the upstream oil and gas industry’s brightest minds gathered Thursday to find out, and celebrate, the winners of the 2019 World Oil Awards.
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October 17, 2019
Marathon Petroleum board members are meeting this week with activist investors to discuss chief executive officer Gary Heminger’s future and the company’s strategy amid calls to split up its businesses, according to people familiar with the matter.
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October 16, 2019
Wood announced the appointment of Stephanie Cox as CEO of its Americas business, succeeding Andrew Stewart who has been appointed executive president of strategy and development for the global business.
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October 11, 2019
The head of Norway’s oil regulator, who bows out after 12 years of pushing companies to squeeze out every possible barrel from projects, said she’s leaving an industry in good health despite a growing debate over its future.
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October 10, 2019
Chevron may be based in California, but CEO Mike Wirth had little praise for the state as he lauded the Texas business environment during an event in Houston on Wednesday.
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October 04, 2019
In a world that’s increasingly wary of fossil fuels, BP’s newly appointed chief executive officer Bernard Looney will have to prove the company can keep up with the times.
