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Article
October 2020
World Oil talks with PESA President Leslie Beyer about the key issues facing the sector in 2020 and beyond.
News
August 24, 2020
The Saudi state energy company appointed Senior Vice President Abdulaziz Al Gudaimi to lead a new team that will “assess existing assets” and boost access to “growth markets,” it said Sunday in a statement. He will report to Chief Executive Officer Amin Nasser and start in his new role on Sept. 13.
Article
August 2020
Ever wonder what goes on, when President Trump makes a trip to West Texas, especially when it features a visit to an oil field location? Well, one of our editorial advisors got to witness a full day of logistics, when the President visited one of his company’s rigs near Midland, Texas.
Article
August 2020
One of World Oil’s most notable editorial advisors receives SPE’s ultimate distinction while also taking on new roles in the industry.
News
August 10, 2020
Anders Opedal, 52, will take over in November with a mandate to accelerate Equinor’s transformation into a broader energy company as pressure grows on the industry to act on climate change.
News
June 08, 2020
Mark A. McCollum, President, CEO and a director at Weatherford International has left the company, effectively immediately. Karl Blanchard, executive vice president and COO, and Christian Garcia, executive vice president and CFO, will form the Office of the Chief Executive, reporting directly to the board of directors and will oversee day to day operations.
News
January 17, 2020
Panhandle Oil and Gas announced that Chad L. Stephens was approved as CEO of Panhandle, effective Jan. 16, 2020. Stephens was previously interim CEO and currently serves as a member of Panhandle's board of directors.
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.
News
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.
News
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.
News
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.
News
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.
