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.
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  • Ecopetrol Chief Defends $4B Utility Deal

    Investors see the deal as a cash-strapped federal government forcing a state-run company to bail it out.
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  • International 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.
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  • Granholm to Champion Biden Climate Agenda

    DOE oversees the USA's nuclear warhead arsenal, the Strategic Petroleum Reserve, and billions of research dollars.
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  • Exxon 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.
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  • ADNOC 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.
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  • Exxon 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.
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  • New Petrobras Chief Seeks Ongoing Outside Investment

    Brazil's president last week abruptly named a former defense minister to lead the state-controlled company.
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  • Lamprell Wins Large Aramco Deal

    Lamprell revealed Wednesday that it has been awarded a 'large' Engineering, Procurement, Construction and Installation contract by Saudi Aramco.
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  • RIL 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.
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  • Petrobras 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.
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  • Gonce Takes Onshore Helm at Danos

    Danos has promoted Justin Gonce to onshore general manager.
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  • Petrofac Sells UK In-Person Training Business

    Petrofac has revealed that it has divested its in-person training business in Scotland to 3t Energy Group.
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  • Aker 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.
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  • 1,700+ Texas Gas Stations Lack Electricity

    The total represents more than 12% of the state's gas stations.
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  • Baker Hughes to Extend Reach with ARMS

    Baker Hughes has signed an agreement to acquire ARMS Reliability.
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  • Equinor and Engie in Low Carbon Hydrogen Pact

    Equinor (NYSE: EQNR) and ENGIE have announced a partnership to develop low-carbon hydrogen activities.
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  • $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.
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  • Mexico 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.
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  • LyondellBasell CEO Joins Halliburton Board

    Bhavesh V. (Bob) Patel has joined Halliburton's board of directors.
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