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The energy sector won’t repeat last year’s mistake of rapidly boosting production the next time the price of oil hits $60 a barrel, said the chairman and CEO of EOG Resources.
About 56 percent of 920 global energy executives surveyed believe too many companies are short-sighted about making quick cutbacks, said the “A New Reality” report from DNV GL, a leading technical adviser to the industry. Nearly three quarters of those surveyed said a new phase of budget management is needed to prepare to succeed in a sustained period of low oil prices.
Charif Souki said he intends to stay on Cheniere Energy Inc.’s board of directors for the time being and that the company doesn’t have the authority to remove him until at least June.
Vicki Hollub, set to become the CEO of Houston’s Occidental Petroleum next year, has been named the company’s president and chief operating officer.
Crane, who led NRG for 12 years out of bankruptcy and into greater national relevance, is being replaced by Executive Vice President and Chief Operating Officer Mauricio Gutierrez.
LyondellBasell said the Zylog deal will double its automotive customer base in India.
Noble Energy has warned employees that it’s planning additional job cuts as it ratchets back spending plans to cope with persistently anemic oil prices.
Phillips 66 Vice President of Investor Relations Kevin Mitchell, 49, will become the executive vice president of finance and CFO on Jan. 1 after Maxwell steps down, Phillips 66 said Friday in a filing with the U.S. Securities and Exchange Commission.
According to the Department of Labor, about 8 million Americans were unemployed in September, with countless more underemployed. You’d think it’d be rather easy for many employers to fill job openings with that many people job hunting. Unfortunately, it is not always that easy. Hundreds of thousands of job openings that require basic proficiency in […]
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.