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.
Read moreEmerson Expands Technology Footprint, Acquires Paradigm
Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry.
Read moreAvenue 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.'
Read moreIneos 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.
Read moreIndia's Reliance Industries 2Q Profit Up 7%, Lags Estimates
Reliance Industries posts a 7.3% rise in its 2Q standalone net profit.
Read moreExec: 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.
Read moreBuyers Eye Sinopec's Argentina Oil Assets in Sale Worth Up to $1B - Sources
Two sources said the Sinopec assets would be a tough sell.
Read moreIndia's Reliance Sells US Shale Asset for $126 Mln
Reliance bought the Marcellus asset in 2010 for $392 million.
Read moreU.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.
Read moreAdviser: 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.
Read moreShell 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.
Read moreJon Huntsman Drops Off Chevron's Board After Winning Moscow Post
Jon Huntsman quits Chevron's board.
Read moreBrazil 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.
Read moreThailand 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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