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Company Operations News

Thursday, October 19, 2017

Company Operations News

BP Chairman Svanberg to Retire; Search Starts for Successor
BP's Chairman Carl-Henric Svanberg to retire.

Thailand's PTTEP Delays Canadian Oil Sands Project At Cost Of $550MM
PTTEP says it was delaying plans investment for the Mariana Oil Sands in Canada.

Schlumberger's Latest Asset Deal Raises Fresh Concerns Ahead Of 3Q
Schlumberger seals a deal to buy oil and gas assets worth $1 billion from Cenovus Energy.



Wednesday, October 18, 2017

Company Operations News

Kremlin Oil Major Piles Up Investments In Iraq's Kurdistan Amid Crisis
Rosneft has agreed to invest $400 million in five oil blocks in Iraqi Kurdistan, increasing Moscow's exposure to the semi-autonomous region.



Tuesday, October 17, 2017

Company Operations News

Emerson Expands Technology Footprint, Acquires Paradigm
Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry.

Avenue Capital Urges Ocean Rig To Hire Advisers
Ocean Rig UDW's fifth-biggest investor Avenue Capital Group urged the offshore driller to hire advisers to review 'opportunities.'



Monday, October 16, 2017

Company Operations News

Ineos Appoints New Shale Boss to Build a UK Natural Gas Boom
Ineos AG has taken another step toward creating a shale boom on its side of the Atlantic.



Friday, October 13, 2017

Company Operations News

India's Reliance Industries 2Q Profit Up 7%, Lags Estimates
Reliance Industries posts a 7.3% rise in its 2Q standalone net profit.



Wednesday, October 11, 2017

Company Operations News

Exec: Petronas' Canadian Unit To Look At Other LNG Opportunities
Progress Energy will look at other liquefied natural gas opportunities as a way to monetize its Canadian gas assets.



Monday, October 9, 2017

Company Operations News

Buyers Eye Sinopec's Argentina Oil Assets in Sale Worth Up to $1B - Sources
Two sources said the Sinopec assets would be a tough sell.



Friday, October 6, 2017

Company Operations News

India's Reliance Sells US Shale Asset for $126 Mln
Reliance bought the Marcellus asset in 2010 for $392 million.



Thursday, October 5, 2017

Company Operations News

U.S. Gulf Oil Producers Start Evacuating Staff Ahead of Tropical Storm Nate
Oil and natural gas producers began evacuating staff at U.S. Gulf of Mexico platforms ahead of Tropical Storm Nate, the second storm in as many months to threaten Gulf Coast oil and refining facilities.



Wednesday, October 4, 2017

Company Operations News

Adviser: Malaysia's Petronas Puts Some Canadian Assets Up For Sale
Petronas is looking to sell some oil and gas assets owned by its Canadian unit Progress Energy, its adviser BMO Capital Markets says.

Shell Cancels Sale Of Thai Gas Field Stakes To Kuwait's KUFPEC
Shell says it has canceled a $900MM deal to sell its gas field stakes in Thailand to KUFPEC.



Tuesday, October 3, 2017

Company Operations News

Jon Huntsman Drops Off Chevron's Board After Winning Moscow Post
Jon Huntsman quits Chevron's board.

Brazil Oil Regulator Clears Four More Companies In Presalt Rounds
ANP authorizes four more companies to bid in auctions for exploration and production rights in the presalt region off the Brazilian coast.



Monday, October 2, 2017

Company Operations News

Thailand Again Delays Auction Of Erawan, Bongkot Gas Fields
Thailand will delay the auctions of the concessions for the Erawan and Bongkot gas fields for at least another month.






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