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News
December 20, 2019
Wildcatter and Continental Resources founder Harold Hamm invited Elizabeth Warren to the Oklahoma oil patch as the U.S. Democratic presidential candidate proposes a ban on fracing if elected.
News
December 18, 2019
Even as growth is set to slow next year in the Permian and elsewhere as drillers respond to investor demands for capital restraint, U.S. Energy Secretary Dan Brouillette said the shale boom has further to run.
News
December 13, 2019
The company emerges with a stronger financial foundation, having reduced approximately $6.2 billion of outstanding funded debt, secured $2.6 billion in exit financing facilities, including a $450 million revolving credit facility, secured a $195 million letter of credit facility, and secured over $900 million of liquidity.
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December 13, 2019
SandRidge Energy Inc., the oil and natural gas producer pushed by activist investor Carl Icahn to pursue a sale last year, said CEO Paul McKinney will resign as the company evaluates its 2020 spending plan.
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December 12, 2019
Billionaire wildcatter Harold Hamm is stepping down as chief executive officer of Continental Resources Inc. and will become executive chairman of the shale-oil producer he founded over five decades ago.
News
December 11, 2019
Following the theme Innovative Energy Solutions, the program will feature eight high-level plenary sessions across five days, with several global leaders from the oil and gas sector now confirmed to speak.
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December 09, 2019
Tullow Oil’s CEO and exploration director quit after the company cut its production outlook and suspended the dividend. The shares tumbled, deepening their loss for the year to more than 60%.
News
December 02, 2019
Carl Icahn advanced his effort to replace Occidental Petroleum’s entire board by submitting nominations for as many as 14 directors, according to people familiar with the matter.
News
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.
News
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.
News
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.
News
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.
News
November 05, 2019
The Brazilian Association of Petroleum Services Companies (ABESPetro) has elected new board and fiscal council members for its 2020/2021 session.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
