Company Operations News

    Rigzone.com: Company Operations News

    The latest oil and gas news from around the world.

  • Will Bigger Be Better for Oil and Gas Players?

    Check out Rigzone's review of oil and gas market hits and misses for the week ending Oct. 30, 2020.
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  • Chevron Stuns Analysts with Earnings Surprise

    Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven collapse in crude demand.
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  • Exxon Keeps Dividend High

    Exxon Mobil Corp. is maintaining the third-highest dividend in the S&P 500 Index.
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  • Borr Drilling Sells Rig to Unnamed Buyer

    Borr Drilling Limited (NYSE: BORR, OSE: BDRILL) has entered into an agreement to sell its cold stacked jack-up drilling rig 'Atla' to an independent operator.
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  • Chevron to Divest Shale Assets in $735MM Deal

    EQT Corp. has agreed to buy Chevron Corp.'s Appalachian shale assets for $735 million.
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  • Saudi Arabia Eyes Labor System Changes

    Saudi Arabia reportedly is set to announce major labor reforms that could effectively end its controversial "kafala" system for foreign workers.
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  • New App Details All North Sea Energy Resources

    A new interactive mapping app that reveals the location of every energy-related site in the UK Continental Shelf has been created.
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  • BP Ekes Out Surprise Profit

    BP Plc used a surprise third-quarter profit to reassure investors that it was on the road to recovery, while also warning that it would be a long journey.
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  • Survey Shows Top E&P Execs Are Making More Money

    Top oil and natural gas executives are making more money this year even as the industry wallows in red ink.
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  • Ex-Shell Manager Appointed Karoon CEO

    Karoon Energy Ltd has announced that Julian Fowles has been appointed as the company's new chief executive officer and managing director.
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  • Is OFS Consolidation About to Take Off?

    Rigzone prognosticators identify trends to watch this week in the oil and gas markets.
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  • Oil and Gas Digitalization Budgets Avoid Slashing

    The need to ensure worker safety while keeping sites running has fueled investments in digital technology this year, even as companies slash spending in other areas.
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  • Five Themes to Watch Among Oil Majors

    Six months on from crude's era-defining price crash, Big Oil is suffering from whiplash.
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  • Cenovus and Husky in $24B Combination

    Cenovus Energy (TSX: CVE, NYSE: CVE) and Husky Energy (TSX: HSE) have entered into a deal to combine in an all-stock transaction valued at $23.6 billion, inclusive of debt.
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  • PDO Dishes Out $1B+ Contracts to GES

    Petroleum Development Oman has dished out multiple contract extensions and awards to Gulf Energy SAOC in the Sultanate of Oman worth more than $1 billion.
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  • Is a Healthier Oil Market on the Horizon?

    Here is a look back at oil and gas market hits and misses for the week ending Oct. 23, 2020.
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  • Wintershall Dea Confronts Past

    Wintershall Dea has published studies on Wintershall's history under national socialism.
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  • Proposal Would Make Oil Traders Liable for Human Rights Lapses

    Switzerland's commodity traders are crying foul over a widely supported proposal that would make them liable for lapses on human rights and environmental standards abroad.
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  • Biggest US Gas Producer May Get Even Bigger

    EQT Corp., the biggest producer of US natural gas, reportedly is seeking to acquire rival CNX Resources Corp.
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  • ABB Unveils New Industrial Project Tool

    ABB contends it can reduce capex by up to 40 percent and compress delivery schedules by up to 30 percent.
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