Company Operations News
Rigzone.com: Company Operations News
The latest oil and gas news from around the world.
Pemex Turns Another Profit
Petroleos Mexicanos had its first back-to-back quarterly gains in four years.
Read moreEcopetrol Chief Defends $4B Utility Deal
Investors see the deal as a cash-strapped federal government forcing a state-run company to bail it out.
Read moreInternational Oil Cos Primed for V-Shape Recovery
International oil companies are primed for a V-shaped recovery in free cash flow and may generate record figures this year if oil prices average $55 a barrel, according to Wood Mackenzie.
Read moreGranholm to Champion Biden Climate Agenda
DOE oversees the USA's nuclear warhead arsenal, the Strategic Petroleum Reserve, and billions of research dollars.
Read moreExxon Filing Shows 98% Oil Sands Reserves Drop
Exxon Mobil Corp. erased almost every drop of oil-sands crude from its books in a sweeping revision of worldwide reserves.
Read moreADNOC Shipping Arm Buys 6 Very Large Crude Carriers
ADNOC's shipping and maritime logistics arm, ADNOC Logistics & Services, has announced the acquisition of six Very Large Crude Carriers.
Read moreExxon in $1B+ North Sea Deal
ExxonMobil (NYSE: XOM) has signed an agreement with HitecVision for the sale of most of XOM's non-operated upstream assets in the UK central and northern North Sea.
Read moreNew Petrobras Chief Seeks Ongoing Outside Investment
Brazil's president last week abruptly named a former defense minister to lead the state-controlled company.
Read moreLamprell Wins Large Aramco Deal
Lamprell revealed Wednesday that it has been awarded a 'large' Engineering, Procurement, Construction and Installation contract by Saudi Aramco.
Read moreRIL to Spin Off Oil-to-Chemicals With $25B Loan
Reliance Industries Ltd. has started carving out its new oil-to-chemicals operation into an independent unit with a $25 billion loan from the parent.
Read morePetrobras Market Value Plummets After Bolsonaro Fires CEO
A sell-off in Petroleo Brasileiro SA picked up on Monday after a group of analysts downgraded the stock within 24 hours.
Read moreGonce Takes Onshore Helm at Danos
Danos has promoted Justin Gonce to onshore general manager.
Read morePetrofac Sells UK In-Person Training Business
Petrofac has revealed that it has divested its in-person training business in Scotland to 3t Energy Group.
Read moreAker Wins Contract for Equinor-BP US Wind Project
Aker Solutions (FRA: 1AKA) has revealed that it has won a front-end engineering and design contract for the Empire Wind project in the U.S.
Read more1,700+ Texas Gas Stations Lack Electricity
The total represents more than 12% of the state's gas stations.
Read moreBaker Hughes to Extend Reach with ARMS
Baker Hughes has signed an agreement to acquire ARMS Reliability.
Read moreEquinor and Engie in Low Carbon Hydrogen Pact
Equinor (NYSE: EQNR) and ENGIE have announced a partnership to develop low-carbon hydrogen activities.
Read more$7B Energy Transfer Deal to Boost Gulf Coast, Midcontinent Presence
Energy Transfer will acquire Enable Midstream Partners in an all-equity transaction valued at approximately $7.2 billion.
Read moreMexico Seeks to Revive Pemex
Mexico is preparing a significant tax break for its state-owned oil firm, whose headquarters appears in the center of this photo.
Read moreLyondellBasell CEO Joins Halliburton Board
Bhavesh V. (Bob) Patel has joined Halliburton's board of directors.
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