U.S. Tops List of Most Attractive Countries for Renewables Investments. Overtakes China
The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday.In…
Leadership Changes at Anadarko
Anadarko Petroleum Corporation announced Thursday that Bob Gwin, formerly Executive Vice President (EVP), Finance and CFO, has been named President. In his new role, Gwin will be responsible for leading Anadarko's worldwide operations…
Endeavour Energy Kicks Off North Sea Assets Sale
Endeavour Energy UK has launched the sale of its North Sea oil and gas assets at an ambitious price target of $500 million, according to two industry sources and a document seen by Reuters. The sale is part of group asset sales after Endeavour's U.S.
As US Opens Up Offshore Waters, Eastern GoM Beckons
President Donald Trump's administration has proposed opening up nearly all of America's offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part of it, now cordoned off by the Pentagon: the eastern Gulf of Mexico.
Vietnam Renews India Oil Deal In Tense South China Sea
Vietnam has extended an Indian oil concession in the South China Sea and begun drilling in another area it disputes with China in moves that could heighten tensions over who owns what in the vital maritime region. The moves come at a delicate time in Beijing's relations with Vietnam…
ATR and Centurion Merge
A merger between Centurion Group and ATR Group is to create a global player in the oil and gas rental equipment and services market with a combined turnover of over £100 million. The group will operate from bases in the U.K., Netherlands, Caspian, Singapore, Australia and the U.S.
Case Study: $1.55 Billion FPSO Financing
The $1.55 billion financing of the Cidade de Saquarema floating production, storage and offtake (FPSO) vessel had a difficult genesis and complex logistics. SBM Offshore and its co-sponsors overcame these challenges to achieve cost effective…
Dana Gas Announces New Senior Management
Dana Gas PJSC, a publicly listed natural gas company in the Middle East, has announced several key senior management appointments. Chris Hearne was appointed as the Chief Financial Officer of the company on January 4, 2016. Prior to joining Dana Gas…
Glencore to Downsize $18 bln Commodity Inventory
Commodities mining and trading giant Glencore is reducing its $18 billion inventory pile, industry sources say, a move ratings agencies say could help assuage concerns about its balance sheet. The biggest player in the secretive commodities…
Glencore Woes Cast Shadow over Coal M&A
Glencore's efforts to reduce debts to turn around its share price will limit its ability to do deals on coal assets and its absence is expected to slow consolidation in the depressed sector. As the largest shipper of thermal coal, Glencore…
Sound Oil Appoints Cantor Fitzgerald as Sole Adviser
Sound Oil, the Mediterranean focused upstream gas company, is pleased to announce the appointment of Cantor Fitzgerald Europe as the Company's sole broker with immediate effect. Cantor Fitzgerald Europe will work alongside Smith & Williamson Corporate Finance Limited…
Doris Joins LNG Ltd
Liquefied Natural Gas Limited has appointed Ms Kinga Doris as General Counsel and Joint Company Secretary. Ms Doris will take up her appointment in early September 2015, based in Houston, Texas, USA. Ms Doris will be responsible for all statutory…
Herlofsen Joins Statoil’s Board of Directors
In a meeting in the Corporate Assembly of Statoil ASA March 18, 2015, Rebekka Glasser Herlofsen was elected as new shareholder representative to the company’s board of directors. Grace Reksten Skaugen withdraws from the position as a member of Statoil’s board of directors.
Herlofsen Elected to Statoil’s BoD
In a meeting in the Corporate Assembly of Statoil ASA (OSE:STL, NYSE:STO) 18 March 2015, Rebekka Glasser Herlofsen was elected as new shareholder representative to the company’s board of directors. Grace Reksten Skaugen withdraws from…
Herlofsen Taken on Statoil's Board
The nomination committee in Statoil recommends that Rebekka Glasser Herlofsen be elected as new member of the board. Grace Reksten Skaugen has at an early point in time informed the nomination committee that she does not wish to stand for re-election in 2015.
CAT Oil Execs Go After Dijols Takeover Bid
CAT oil's senior managers are leaving the Austrian fracking specialist in the wake of a takeover approach by oil industry veteran Maurice Dijols, the company said on Monday. Chief Operating Officer Anna Brinkmann, in agreement with the supervisory board…
Demand Draws Johnston Carmichael to Middle East
A team from Johnston Carmichael is to visit the Middle East next week as an increasing number of its oil and gas clients look towards investment in this fast growth region. The drop in oil price and current uncertainties in the North…
Centrica Boardroom Reshuffle Continues
Britain's largest energy supplier Centrica will next month promote one of its managing directors to temporarily head up its British Gas business, progressing with a board reshuffle that started earlier this year. Ian Peters, currently managing director of British Gas residential energy…
3sun Group Appoints Commercial Director
3sun Group, a specialist provider of products and services to the global energy industry, has appointed Dene Heywood as commercial director. Operating in the oil and gas and wind sectors both onshore and offshore, 3sun Group is an established…
Modi Seeks Japan's Help for 'inclusive vision'
Indian Prime Minister Narendra Modi arrived in Japan on Saturday seeking to capitalise on his affinity with Japanese counterpart Shinzo Abe to strengthen security and business ties on his first major foreign visit since his landslide election victory in May.
