Sembcorp Marine's net profit falls sharply in the second quarter of 2016, down 90 percent to $8.1 million, compared to $80.7 million last year.
Independent Oil and Gas plc announced Friday the appointment of David Peattie as chairman and Andrew Hay as senior independent non-executive director, with immediate effect.
Swiber Holdings files an application to wind up the Singapore-based offshore construction and support services firm as 3 senior executives resigned.
Recent data finds that Oklahoma City created the most oil and gas jobs in 2015 while Houston shed the most.
Distinctions among oil-producing regions play a role in how effective strikes are in wage negotiations.
Indonesia's President Joko Widodo appoints Archandra Tahar as Energy and Mineral Resources Minister in a cabinet reshuffle, replacing Sudirman Said, according to local media.