Company Operations News

    Rigzone.com: Company Operations News

    The latest upstream oil and gas news from around the world.

  • 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.
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  • Emerson Expands Technology Footprint, Acquires Paradigm

    Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry.
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  • 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.'
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  • 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.
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  • India's Reliance Industries 2Q Profit Up 7%, Lags Estimates

    Reliance Industries posts a 7.3% rise in its 2Q standalone net profit.
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  • 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.
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  • 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.
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  • India's Reliance Sells US Shale Asset for $126 Mln

    Reliance bought the Marcellus asset in 2010 for $392 million.
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  • 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.
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  • 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.
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  • 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.
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  • Jon Huntsman Drops Off Chevron's Board After Winning Moscow Post

    Jon Huntsman quits Chevron's board.
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  • 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.
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  • 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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