Archive for the ‘Companies’ Category
Sergei Krylov, executive vice-president and chief financial officer of Approach Resources Inc., Fort Worth, has been named chief executive officer. Krylov succeeds J. Ross Craft who has resigned as chairman and chief executive officer. Krylov will reta…
Energy business activity grew modestly in this year’s first quarter, according to oil and gas executives responding to the Dallas Fed Quarterly Energy Survey.
The world’s publicly listed oil and gas exploration and production companies are bringing in cash at the best rate ever witnessed, even though oil prices have only partially recovered from the huge drop suffered in 2014 and 2015, according to Rystad En…
Elephant hunt resumes
April 9th, 2019 by Latest News
Oil and gas companies are hunting the proverbial elephant again. Some of them are, at any rate.
Higgs named CEO of Genel Energy
April 8th, 2019 by Latest News
Bill Higgs has been named chief executive officer and member of the board of Genel Energy PLC. Higgs has been chief operating officer since October 2017. He earlier was COO of Ophir Energy PLC and CEO of Mediterranean Oil & Gas after working 23 yea…
Carlyle buying Cepsa stake from Mubadalla
April 8th, 2019 by Latest News
Funds affiliated with The Carlyle Group will acquire 30-40% of the Spanish integrated oil, gas, and chemical company Cepsa from sole shareholder Mubadalla Investment Co. of Abu Dhabi. In a statement, the companies said the deal is “based on an enterpri…
Idemitsu Kosan has completed its long-planned takeover of Japanese refiner and marketer Showa Shell Sekiyu. The consolidation was finalized on Apr. 1, Idemitsu Kosan said. Under the business integration plan, Showa Shell Sekiyu has become a wholly owne…
Pin Oak acquires Utica acreage from SWEPI
April 4th, 2019 by Latest News
Pin Oak Energy Partners LLC has acquired 43,000 acres prospective for Utica shale development in northwestern Pennsylvania from SWEPI LP, a wholly owned Shell subsidiary.
The world’s publicly listed oil and gas exploration and production companies are bringing in cash at the best rate ever witnessed, even though oil prices have only partially recovered from the huge drop suffered in 2014 and 2015, according to Rystad En…
PTT Exploration & Production PCL (PTTEP) has won two exploration blocks in Malaysia while acquiring Murphy Oil Corp.’s properties in the country.