London-based Arcapita Limited, the European private equity arm of Arcapita Bank BSC, an international investment firm headquartered in Bahrain, has with its affiliates and existing management completed the acquisition of a 100% interest in Roxar AS, a provider of technology services and equipment to the oil and gas industry.
Tom L. Ward, Chesapeake Energy Corp.'s long-time president and COO, resigned as a director, officer and employee of the company, according to a Feb.13 press release.
Some congressional members advocate reforming energy market regulations through pending legislation to reauthorize the US Commodity Futures Trading Commission, and at least one CFTC commissioner urges caution.
EDITOR’S NOTE: Howard Weil Inc., in business since 1946, enjoyed its best year ever in fiscal 2005 despite new ownership, organizational changes, and a natural disaster that forced the firm to move its headquarters temporarily to Houston from New Orleans.
As international economies signal an increasing demand for cleaner burning natural gas, Russian gas giant Gazprom is stepping up its efforts to serve on a global scale.
Kerr-McGee Corp. has signed an agreement with W&T Offshore Inc. for all of Kerr-McGee's interest in oil and natural gas properties on the GoM shelf for gross proceeds of about $1.34 billion in cash, subject to certain adjustments.
Oil & Gas Financial Journal has teamed up with Tristone Capital Inc. to publish the firm’s energy lender price survey, a commodity pricing poll of energy reserve-based lenders.