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  • Lloyd’s Register Group CFO, Alastair Marsh

    Marsh appointed as next CEO of Lloyd’s Register

    Lloyd’s Register’s Richard Sadler has decided to step down as CEO at the end of 2015. The Lloyd’s Register Group Ltd. board of directors has appointed current CFO, Alastair Marsh, as his successor.


    US and OPEC battling for oil market share

    Like a fighter who goes down after being sucker-punched, US shale producers are staggering but have not given up.


    Noble Energy enters Eagle Ford, Permian through Rosetta acquisition

    In what one analyst described as the beginning of a Texas pivot, Noble Energy is set to enter the Eagle Ford and Permian by acquiring Rosetta Resources.


    Vicki Hollub, Occidental

    OXY unveils succession plan

    Occidental has approved a CEO succession plan and promoted Vicki A. Hollub to senior EVP of Occidental and president of Oxy Oil and Gas. The board plans for Hollub to succeed Stephen I. Chazen as CEO of Occidental after a transition period.


    Erin Energy begins Oyo field production offshore Nigeria

    Erin Energy Corp. has commenced production from the Oyo-8 well located in OML 120 offshore Nigeria.


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    Commodity Indices

    Market Indices

    Latest Oil & Gas Industry News

    Cenovus confirms executive retirements and promotions

    May 27, 2015

    Cenovus Energy Inc. confirms that four Cenovus executives have made the decision to retire. The company has also announced three promotions.

    TGS names Larsen as new CFO

    May 27, 2015 TGS has appointed Sven Børre Larsen as the company's new CFO. The effective date of Larsen's employment is yet to be determined, but will be no later than Dec. 1, and he will be based in TGS' Asker...

    CNPC discovers 100M tonnes of tight oil in Changqing field

    May 27, 2015

    China National Petroleum Corp. (CNPC) has discovered more than 100 million tonnes of tight oil in its Changqing field, said Reuters, citing company-run newspaper China Petroleum Daily.

    Cidade de Paraty

    OGFJ Photo of the Day

    Riley acquires interests in CRI and Permian acreage

    May 27, 2015 Riley Exploration Group LLC has acquired a 90% equity interest in Cinco Resources Inc. (CRI), effective May 19, through a share exchange with private equity funds managed by Yorktown Energy Partner...

    US Silica Holdings names Casper as VP and chief commercial officer

    May 27, 2015

    US Silica Holdings Inc. has promoted Bradford B. Casper to vice president and chief commercial officer.

    Cimarex closes public common stock offering

    May 27, 2015

    Cimarex Energy Co. has closed its public offering of 6,000,000 shares of its common stock and the full exercise of the underwriters' option to purchase 900,000 additional shares.

    OGFJ photo of the day


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    More News & Updates

    Cenovus confirms executive retirements and promotions

    May 27, 2015 Cenovus Energy Inc. confirms that four Cenovus executives have made the decision to retire. The c...

    Riley acquires interests in CRI and Permian acreage

    May 27, 2015 Riley Exploration Group LLC has acquired a 90% equity interest in Cinco Resources Inc. (CRI), eff...

    Rig Count

    Area Count Change
    US 885 3
    Canada 72
    5
    International 1275 17

    Source: Baker Hughes Inc.
    US & Canada rig counts updated weekly. International updated monthly.

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    North American Shale

    May 6, 2015

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    Eureka Hunter

    May 6, 2015

    Increasing optionality in the Marcellus, Utica shales

    Newfield reorganizes regional operating units, closing two offices

    May 4, 2015 Newfield Exploration Co. plans to combine its Onshore Gulf Coast and Rocky Mountain business unit...
    Oil Markets

    Marlin Midstream Partners changes name to Azure Midstream Partners

    May 20, 2015 Marlin Midstream Partners LP has changed its name to Azure Midstream Partners LP. The change is b...
    Energy Players

    Cenovus confirms executive retirements and promotions

    May 27, 2015

    Cenovus Energy Inc. confirms that four Cenovus executives have made the decision to retire. The company has also announced three promotions.

    Business Solutions

    US DOE authorizes Pieridae to export American natural gas

    May 26, 2015 Pieridae Energy (Canada) Ltd. confirms that the US Department of Energy has granted Pieridae Energy (USA) Ltd. long-term multi-contract authorization to export natural gas to Canada for end use in ...
    Upstream

    Cenovus confirms executive retirements and promotions

    May 27, 2015 Cenovus Energy Inc. confirms that four Cenovus executives have made the decision to retire. The c...
    Unconventional

    Cenovus confirms executive retirements and promotions

    May 27, 2015

    Cenovus Energy Inc. confirms that four Cenovus executives have made the decision to retire. The company has also announced three promotions.

    Midstream

    PennTex Midstream Partners begins IPO

    May 27, 2015 PennTex Midstream Partners LP has begun an initial public offering of 11,250,000 common units rep...
    Capital

    Cimarex closes public common stock offering

    May 27, 2015 Cimarex Energy Co. has closed its public offering of 6,000,000 shares of its common stock and the...
    Analysis

    DW: Operator budgets tighten, but spend for downstream maintenance still sees rise

    May 26, 2015 Douglas-Westwood is forecasting global downstream asset maintenance expenditure to total $322 bil...
    Mergers & Acquisitions

    Riley acquires interests in CRI and Permian acreage

    May 27, 2015 Riley Exploration Group LLC has acquired a 90% equity interest in Cinco Resources Inc. (CRI), eff...

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