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.
Read moreChevron 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.
Read moreExxon Keeps Dividend High
Exxon Mobil Corp. is maintaining the third-highest dividend in the S&P 500 Index.
Read moreBorr 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.
Read moreChevron to Divest Shale Assets in $735MM Deal
EQT Corp. has agreed to buy Chevron Corp.'s Appalachian shale assets for $735 million.
Read moreSaudi 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.
Read moreNew 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.
Read moreBP 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.
Read moreSurvey 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.
Read moreEx-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.
Read moreIs OFS Consolidation About to Take Off?
Rigzone prognosticators identify trends to watch this week in the oil and gas markets.
Read moreOil 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.
Read moreFive Themes to Watch Among Oil Majors
Six months on from crude's era-defining price crash, Big Oil is suffering from whiplash.
Read moreCenovus 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.
Read morePDO 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.
Read moreIs 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.
Read moreWintershall Dea Confronts Past
Wintershall Dea has published studies on Wintershall's history under national socialism.
Read moreProposal 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.
Read moreBiggest 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.
Read moreABB 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.
Read more