BP Names Bernard Looney as Next CEO
Bernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major through a rising…
BP CEO Dudley Planning to Step Down
BP Chief Executive Officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near…
Genel's Rothschild Quits as Turkey Gas Focus Grows
Departure follows that of Chairman Tony Hayward; Company now focused on Turkish gas market. Genel Energy co-founder Nathaniel Rothschild quit on Monday in the latest…
Directorate Changes in Genel Energy
Genel Energy plc announces that Sir Graham Hearne has indicated his intention to retire from the Board of Genel Energy at the 2016 AGM. In addition Genel Energy has…
Glencore's Hayward: OPEC's Strategy is 'Rational'
Oil cartel OPEC's decision to defend market share to counter a U.S. shale boom was "completely rational" and a sustained period of low prices was on the cards, Glencore's…
Oil's Bull Run Hides a Deep Disconnect, Crude Traders Warn
While oil futures prices rebound with vigor as analysts cite strong demand, the physical crude market tells a much more cautionary tale. Tens of millions of barrels…
Ex-BP Chief Sees Higher Oil on Near Horizon
Low crude prices will trigger consolidation in the oil industry but a new bull market might arrive much sooner than expected given the huge scale of capital and workforce withdrawal in the sector…
Genel's Hayward: Iraq Oil Growth Overstated
The head of Iraqi Kurdistan-focused oil producer Genel said Tuesday that Iraq's crude output would grow far slower than many expect, as the drop in oil prices reduces…
Genel Energy Trading & Operations Update
Genel Energy plc issues the following trading and operations update in advance of the Company's full-year 2014 results, which are scheduled for release on 5 March 2015.
Oil Output in Iraq's Kirkuk Slumps 90%
Oil output in Iraq's Kirkuk has slumped to 30,000 barrels a day since June, 90 percent down on earlier this year, and a federal pipeline to the Turkish port of Ceyhan…
Iraqi Kurdistan Production Rising to 400,000 bpd
Oil production in Iraqi Kurdistan will rise to around 400,000 barrels per day (bpd) over the course of 2014, the chief executive of Anglo-Turkish firm Genel Energy, the region's biggest producer…
Genel Energy plc Announced 1H 2014 Results
Genel Energy plc ("Genel" or the "Company"), the London listed exploration and production company and largest independent oil producer in the Kurdistan Region of Iraq…
Glencore names ex-BP boss Hayward as Chairman
Hayward also CEO of London-listed oil firm Genel. Source: Hayward will eventually step down from Genel. Genel declines to comment. Glencore Xstrata named Tony Hayward…
Ex-BP Boss Hayward could Stay Glencore Chair
Glencore Xstrata Plc's interim chairman, former BP Plc chief executive Tony Hayward, is in the running to take the job permanently, the Wall Street Journal reported on Friday…
BP More Than Tripled CEO Dudley's Total Pay Last Year
Oil and gas major BP Plc more than tripled Chief Executive Bob Dudley's pay last year, the firm's annual report showed on Thursday, with cash and performance-related…
