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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.
News
October 22, 2019
International oilfield services company Expro announced the appointment of Quinn Fanning as chief financial officer.
News
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.
News
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.
News
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.
News
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.
News
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.
News
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.
News
October 04, 2019
Energy Secretary Rick Perry has plans to resign from the Trump administration by the end of the year, according to two people familiar with the matter.
News
October 04, 2019
While the speed of the announcement is a surprise,
Looney’s ascent to the top of the company follows a well-trodden path. Dudley’s two immediate predecessors also ran the upstream division before becoming CEO.
News
October 03, 2019
API announced the addition of Shannon DiBari, Rhonda Bentz, and Bianca Domally to the organization’s senior staff.
News
September 27, 2019
BP CEO Bob Dudley, who took the helm after the 2010 Deepwater Horizon oil spill crisis and has led the energy giant for almost a decade, is preparing to leave the company within a year, according to a Sky News report.
News
September 27, 2019
The departures were sparked by a disagreement within the company over an external review of new formulas created to price oil sales to refiners in the U.S. and elsewhere.
News
September 24, 2019
One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.The occasion was the Oil and Gas Climate Initiative, an industry-supported organization whose members set targets to reduce methane emissions and gas flaring.
News
September 20, 2019
ExxonMobil recently announced the winners for the inaugural Power Play Awards during the Gastech Exhibition and Conference on September 18, 2019.
News
September 18, 2019
Saudi Arabia is committed to the IPO, Yasir Al-Rumayyan said on Tuesday at a press conference in Jeddah. He refused to commit to a precise timetable, however, saying the company is ready to do it any time in the next 12 months.
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September 17, 2019
Devon Energy announced that David Harris has been appointed to the position of executive vice president, exploration and production. Tony Vaughn previously served in this role and will retire from Devon after 20 years of service.
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September 17, 2019
Chevron could start oil production “relatively quickly” in the so-called partitioned zone between Saudi Arabia and Kuwait if required to by both nations, CEO Mike Wirth said in an interview with CNBC.
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September 13, 2019
Since the launch of its strategy to revive global oil markets three years ago, one of the biggest challenges faced by OPEC and its allies is that not all the producers have pulled their weight.
News
September 12, 2019
BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign climate concerns are starting to impact the investment decisions of the world’s largest fossil fuel producers.
