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Atkins Secures New Framework Contract with BP Global Wells Organization
Monday, June 25, 2018 Atkins, a member of the SNC-Lavalin Group, secures a 5-year framework contract with the BP global wells organization for global riser analysis services.

Icahn Is Said to Have Won Control of Board at SandRidge
Tuesday, June 19, 2018 Activist investor Carl Icahn has won control of SandRidge's board based on preliminary results, according to sources.

Cox Oil to Buy Energy XXI Gulf Coast for $322 Million
Monday, June 18, 2018 Cox Oil snaps up Energy XXI Gulf Coast for $322 million, a 21% premium to its June 15 share price.

Baker Hughes: US Drillers Add Oil Rigs For Third Week In A Row
Friday, June 08, 2018 US energy companies added oil rigs for a third week in a row even though crude prices have declined about 8% over the past three weeks.

Devon Energy To Sell Some Midstream Stakes To Cut Debt, Sharpen Focus
Wednesday, June 06, 2018 Devon Energy Corp plans to sell its interests in EnLink Midstream to an affiliate of fund manager Global Infrastructure Partners for $3.13 billion in cash.

Zachry Engineering to Close Texas Design Center
Tuesday, June 05, 2018 The company will be closing the doors to its design center in Amarillo later this summer.

XTO Energy Closes Headquarters; Relocates Hundreds to Houston
Tuesday, May 15, 2018 More than 1,000 XTO Energy employees will relocate to Houston after the company closes the doors to its Fort Worth headquarters this summer.

Energen Profit More Than Triples On Higher Oil Prices
Tuesday, May 08, 2018 Energen Corp reports a first-quarter profit that more than tripled, helped by a surge in production and higher average prices for its oil.

Baker Hughes: US Drillers Add Oil Rigs For Fifth Straight Week
Friday, May 04, 2018 US energy companies added oil rigs for a fifth week in a row as they follow through on plans to spend more on drilling this year.

Apache Beats Profit Estimates On Higher Crude Prices
Wednesday, May 02, 2018 Apache reports a 32% fall in first-quarter profit as the oil and gas producer failed to benefit from higher crude oil prices due to lower production.

Continental Resources Profit Surges Past Wall Street's Forecast
Wednesday, May 02, 2018 Continental Resources posts a better-than-expected quarterly profit.

Noble Energy's Sales Volume Forecast Disappoints, Shares Slide
Tuesday, May 01, 2018 Noble Energy's 1Q profit topped analysts' estimates.

Diamond Offshore Posts Smaller-Than-Expected Quarterly Loss
Monday, April 30, 2018 Diamond Offshore Drilling reports a smaller-than-expected quarterly loss.

Subsea 7 Says Could Change Offer If McDermott Cooperates
Wednesday, April 25, 2018 Subsea 7 is open to potentially sweetening its $2B offer for McDermott if the US company would work with it to identify additional benefits of a deal, Subsea says.

EM&I: Local Staff 'Key' to Success of Overseas Bases
Monday, April 23, 2018 Employing a local staff majority as soon as possible has been 'key' to the success of EM&I Group's overseas bases, the international asset integrity specialist reveals.

Drilling Systems, AIS Launch New Tech-Focused Training Company
Friday, April 20, 2018 Drilling Systems, a simulator developer, joins forces with industrial training provider AIS to create a new technology-focused training organization for the global energy industry.

Schlumberger Profit Surges On Higher Oil Prices
Friday, April 20, 2018 Oilfield services provider Schlumberger NV reports an 88% rise in quarterly profit as rising crude oil prices encourage its North American clients to ramp up spending.

UK's Weir To Buy U.S. Mining Tools Maker ESCO For $1.05B
Thursday, April 19, 2018 Weir Group Plc, which makes pumps and valves for mining and energy industries, says it will buy ESCO Corp, a U.S.-based maker of equipment parts, for an equity value of $1.05 billion.

Petroplan Appoints New CEO
Wednesday, April 18, 2018 Petroplan Group appoints Philippa Barnes as its new CEO.

Devon Energy Plans to Lay Off 9 Percent of Staff to Boost Returns
Tuesday, April 10, 2018 U.S. shale oil producer Devon Energy Corp will lay off 300 workers, roughly 9 percent of staff, as part of a plan to streamline its operations.

Chevron Boosted Compensation for Incoming CEO Wirth in 2017
Tuesday, April 10, 2018 Chevron Corp boosted the pay for executive Mike Wirth last year by more than 25 percent ahead of his appointment as chief executive in early 2018.

Bonanza Creek Appoints Eric Greager as CEO
Thursday, April 05, 2018 U.S. oil and gas producer Bonanza Creek Energy Inc named Eric Greager as its new CEO effective April 11.

Oil Producer Concho To Buy Rival RSP In Permian Push
Wednesday, March 28, 2018 Concho Resources to buy smaller rival RSP Permian Inc in an all-stock deal valued at about $8 billion.

India's Reliance Sells Texas Shale Assets For $100MM
Tuesday, March 27, 2018 Reliance Industries Ltd says its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $100 million.

Shell Names Former Maersk Oil CEO Watkins As Next US Boss
Tuesday, March 27, 2018 Shell's US boss, Bruce Culpepper, will step down at the end of the year.

TechnipFMC, Magma Global in Collaboration Agreement
Friday, March 23, 2018 TechnipFMC agrees the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe for use in offshore applications.

Shell CEO's Salary Increases
Thursday, March 15, 2018 The salary of Royal Dutch Shell plc's CEO, Ben van Beurden, increased by 2.5% in 2018.

GE to Close Facility; Lay Off Texas Workers
Thursday, March 15, 2018 GE Oil and Gas plans to close a facility in Lufkin, Texas, which result in staff reductions.

Subsea Equipment Specialist Invests In New Technology
Tuesday, March 13, 2018 Global subsea equipment specialist, Ashtead Technology, invests $3.8 million in new technology over the past month in response to anticipated market demand.

MOL Urges Graduates to Apply for Growww Program
Wednesday, March 07, 2018 Hungary-headquartered oil and gas company MOL Group urges graduates to apply for the latest edition of its award-winning talent acquisition program, Growww.

SandRidge Lays Off 30% of Oklahoma City Staff
Tuesday, February 27, 2018 As the company restructures, SandRidge Energy has determined a need for staff reductions at its headquarters.

Global Commodity Trader Koch Cuts Staff In Restructuring
Tuesday, February 27, 2018 Koch Supply & Trading has cut dozens of workers across at least four offices worldwide, sources say.

Digitization at Work: GE and Noble Launch Digital Rig
Thursday, February 22, 2018 GE and Noble launch the world's first digital drilling vessel, which will detect potential failures 2 months before they occur and reduce OPEX by as much as 20%.

Oil Producer EQT Corp To Spin Off Midstream Operations
Wednesday, February 21, 2018 Oil and gas producer EQT Corp will separate its upstream and midstream businesses, finally giving in to months of investor pressure.

Concho Resources Tops Profit Estimates
Tuesday, February 20, 2018 Concho Resources posts a better-than-expected quarterly profit, helped by higher crude prices.

Marathon Oil Profit Beats Forecasts On Rising Crude, Cost Cuts
Wednesday, February 14, 2018 Marathon Oil Corp posts a better-than-expected adjusted quarterly profit.

Occidental Petroleum Profit Matches Street Forecast; Shares Slip
Tuesday, February 13, 2018 Occidental Petroleum Corp posted a quarterly profit that met - but did not exceed - Wall Street's expectations.

Filing: Vallourec Drilling Products Cuts About 150 Jobs In Texas
Tuesday, February 13, 2018 Vallourec Drilling Products will lay off roughly 150 employees in Texas, according to a regulatory filing.

Shell's Cougar Platform Becomes Artificial Reef
Friday, February 09, 2018 The Cougar platform in the Gulf of Mexico has become an artificial reef, after safely producing more than 31 million barrels of oil equivalent over a span of nearly two decades.

Midstates Petroleum Offers To Merge With Sandridge Energy
Tuesday, February 06, 2018 Midstates Petroleum Company Inc seeking to merge with larger rival SandRidge Energy Inc in an all-stock deal.

Hess Posts 13th Straight Quarterly Loss; Shares Dive
Monday, February 05, 2018 Hess posts its 13th straight quarterly loss as ballooning expenses offset rising crude prices, sending shares down nearly 5%.

ExxonMobil Names MetLife CEO Kandarian To Its Board
Thursday, February 01, 2018 ExxonMobil names MetLife Inc Chief Executive to its board of directors.

ConocoPhillips Swings To Profit, Helping Boost Dividend, Buyback
Thursday, February 01, 2018 ConocoPhillips swings to a quarterly profit due in part to rising crude prices.

ExxonMobil $50B Bonanza Returns Spending to Pre-Rout Level
Monday, January 29, 2018 ExxonMobil is set to spend $50 billion over the next half decade in a return to the oil giant's spending habits before crude suffered.

GE's Baker Hughes Adjusted Profit Beats On Higher N. America Demand
Wednesday, January 24, 2018 Baker Hughes reports 4Q revenue that beat analyst estimates and profit that modestly exceeded forecasts as growing US oil production spurred demand for its products.

Schlumberger Profit Beats, Predicts Strong 2018 For Shale
Friday, January 19, 2018 Schlumberger expects another strong year for shale drilling in 2018 along with its first international business growth in four years.

API's Jack Gerard to Step Down
Wednesday, January 17, 2018 After serving for 10 years as president and CEO of the API, Jack Gerard is calling it quits.

Tellurian Set to Boost Louisiana Gas Holdings Tenfold
Tuesday, January 16, 2018 Tellurian plans to start building its Driftwood LNG export terminal in Louisiana next year.

Liberty Oilfield Services CEO Sees Muted Response To Crude Price Rise
Friday, January 12, 2018 Oil producers are unlikely to significantly expand drilling budgets this year despite the recent run-up in crude prices, Liberty Oilfield Services' CEO says.

Noble Corporation Appoints New CEO
Friday, January 12, 2018 Offshore drilling contractor Noble Corporation plc reveals that Julie Robertson will succeed David Williams as the company's new chairman, president and CEO.

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