Mohammad Barkindo, the outgoing secretary-general of OPEC who played a key role in forming the wider OPEC+ group of oil producers that has helped the industry navigate global shocks, has died aged 63.The Nigerian oil industry veteran was due…
Norwegian offshore workers began a strike on Tuesday that will reduce oil and gas output, the union leading the industrial action told Reuters.The strike, in which workers are demanding wage hikes to compensate for rising inflation, comes amid high oil and gas prices…
Norwegian offshore workers will likely go on strike on Tuesday in an industrial action that will cut oil and gas output as the negotiating parties have not made progress, the union and the lobby representing oil companies said on Monday.'As it stands now…
Repsol Sinopec has appointed Adam Sheikh as Vice President (VP) Decommissioning and Energy Transition.The newly created role sits on Repsol Sinopec’s Executive Management Team (EMT), reporting to CEO Jose Luis Muñoz.Sheikh, whose most recent EMT role was VP Business Projects…
Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%.'The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results…
Some 74 Norwegian offshore oil workers at Equinor's Gudrun, Oseberg South and Oseberg East offshore platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway's oil production.The announcement by Lederne…
Oil producer BP on Wednesday joined Shell in pledging to cover travel expenses for U.S. employee health care treatment following a Supreme Court decision overturning the Constitutional right to an abortion.Neither of the two European companies explicitly named abortion in their statements…
Norwegian offshore vessel owner Eidesvik Offshore has named Helga Cotgrove as Chief Financial Officer (CFO). Cotgrove will join Eidesvik Offshore October 1, 2022 at the latest. She has more than 20 years of energy sector finance experience in various roles within M&A…
The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday announced Karen J. Baker will lead its Office of Renewable Energy Programs (OREP).BOEM, an agency within the Department of the Interior, manages U.S. offshore energy resources…
Asia-Pacific focused oil and gas company Jadestone Energy has appointed Bert-Jaap Dijkstra as Chief Financial Officer.Dijkstra will join Jadestone Energy from SBM Offshore, the Dutch FPSO leasing specialist, effective from September 1, 2022…
Offshore wind giant Ørsted has appointed Per Mejnert Kristensen as new President of its Region Asia Pacific. He will join Ørsted on August 1, 2022, and his taks will be to scale regional business.Ørsted has its regional commercial hub in Taipei…
The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.Andrade, a former economy ministry official…
Italian energy services group Saipem said on Wednesday it would launch a planned 2 billion-euro ($2.10 billion) rights issue from June 27 as it strives to bolster its finances and re-focus its business after a surprise profit warning in January…
Engineering firm Wood announced Tuesday that it has appointed Ken Gilmartin as chief executive officer (CEO), effective from July 1, 2022.Gilmartin will succeed Robin Watson, who announced his intention to retire in April 2022. Watson will step down from the board effective July 1…
Vår Energi ASA, the largest independent exploration and production company on the Norwegian continental shelf, on Tuesday announced a new organizational structure and management team.CEO Torger Rød said, 'Vår Energi has set a goal to become a net producer of 350…
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