Indonesia aims to launch initial public offerings for the upstream and geothermal units of state firm energy Pertamina next year to fund expansion, a senior government official told parliament on Wednesday. Pertamina Hulu Energi, the upstream unit of Pertamina…
Abu Dhabi National Oil Company (ADNOC) has signed contracts worth over AED 1 billion (around $272,25 million) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies from 2022 to 2027.The contracts were signed…
Exxon Mobil Corp XOM.N is raising the annual salaries of its top boss and other executives for the coming year, the top U.S. oil company said on Monday.Exxon Mobil's compensation committee approved an increase in the annual salary of Chief Executive Officer Darren Woods to $1…
Energy market research and consultancy firm Westwood Global Energy Group (Westwood) has appointed Joyce Grigorey as Director of Hydrogen.Grigorey has 15 years of analytical and project management experience in research and consulting, having…
BP is considering ending the publication of its Statistical Review of World Energy, over 70 years after it first published the benchmark report, as the energy major focuses on its shift to renewables, the company told Reuters.The Statistical…
After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and subsea equipment specialist in Western Australia, Adam Naylor had had enough.He had watched his pay go backward and conditions worsen during the pandemic…
Prosafe, an Oslo-listed provider of offshore accommodation rigs for the energy industry, said Friday it had been selected as the winning bidder for a 650-day firm period contract by Petrobras using its Safe Zephyrus rig, starting in May 2023…
Brazilian President-elect Luiz Inacio Lula da Silva may have to wait months to implement his plans for state-run oil company Petrobras, as the chief executive appointed by the current government aims to finish his term in April, people familiar with his plans said…
Employees of oil services firm Petrofac working on several of BP's British North Sea oilfields have voted for industrial action on Dec. 8 and 9 over working conditions, the Unite Union said last Thursday. The strike involves 76 workers on the offshore platforms Andrew…
Chinese oil and gas major CNOOC has sounded out potential buyers of its interests in U.S. oilfields, two sources said, stepping up its retreat from Western nations amid sanctions concerns and calls for domestic investment. Reuters reported in…
Oilfield services provider Petrofac said on Tuesday that Sami Iskander would step down as chief executive officer at the end of March 2023 and be replaced by Tareq Kawash, a senior executive at energy firm McDermott. Iskander took the helm in…
Norwegian startup Morrow Batteries has appointed Lars Christian Bacher, an oil industry veteran, as its new chief executive officer, the company said on Monday. Bacher had spent 30 years at Norway's largest oil and gas firm Equinor, where he held various executive positions…
Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what may be a rocky few months for the state-controlled company.Lula…
UK-based well decommissioning services company Well-Safe Solutions has appointed Ruth Thomas as Subsurface Team Lead.Thomas has over two decades of experience in providing subsurface support to assets in the UK sector of the North Sea for energy majors including Repsol Sinopec Resources UK…
An initial public offering (IPO) for oil and gas producer Wintershall Dea is off the cards for the next six months, Chief Executive Mario Mehren told business daily Handelsblatt.The company, owned jointly by BASF and investor group LetterOne…
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