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March 24, 2022
The American Petroleum Institute has awarded its Gold Medal for Distinguished Achievement – its highest honor and leadership recognition – to Gary R. Heminger, former chairman and CEO of Marathon Petroleum Corporation.
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March 16, 2022
Claxton, the lead brand for Acteon’s drilling and decommissioning segment, has signed an agreement with Oceaneering to acquire decommissioning personnel and assets from them.
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March 15, 2022
Wood, the global consulting and engineering company, announced the appointment of Jennifer Richmond as Executive President of Strategy and Development and the latest member of the executive leadership team.
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March 13, 2022
March 12 marked 13 years since Flight 491 crashed in the waters off Newfoundland and Labrador, resulting in the loss of 17 of the 18 people on board.
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March 02, 2022
The CEO of the Energy Workforce & Technology Council, said she agrees with President Biden and the need to optimize reliance on domestic resources, but that must also include energy resources.
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February 15, 2022
In the early morning hours of Feb. 15, 1982, the Ocean Ranger semi-submersible drill rig sank on the Grand Banks of Newfoundland and Labrador, claiming the lives of all 84 crew members on board.
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February 08, 2022
The 2022 Offshore Technology Conference announced the 2022 Distinguished Achievement Award recipients, who will be honored at a reception May 1 in Houston.
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January 05, 2021
Since taking over for Hugo Chavez in 2013, Nicolas Maduro has resisted efforts to force him out, presiding over a precipitous deterioration of the oil-rich country.
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January 04, 2021
In a statement posted on Twitter, Jason Kenney announced that one cabinet minister, Tracy Allard, along with his chief staff will be stepping down from their posts after revelations the two traveled abroad in recent weeks.
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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.
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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.
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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.
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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%.
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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.
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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.
