Posts filtered on Tag

Apache Corp.

The Apache-operated Varanus Island Gas hub is located in western Australia (Apache Corp.)

Apache Corp. is exiting Australia with a $2.1 billion asset sale

on
The assets produced the equivalent of about 49,000 barrels of oil a day in March.
(Photo by Andrew Burton/Getty Images)

Energy executives create new company in Tulsa

on
The five businessmen, who have all spent time at oil and gas company Apache Corp., say the company will focus on producing oil and natural gas liquids.
(Apache Corp.)

Apache has pumped almost 1 million barrels of oil from its Egypt fields since November

on
Apache has already spent $14 million to install production facilities at two fields in Egypt’s Western Desert.
conoco

ConocoPhillips hires Scotiabank to sell some Canadian assets

on
Details on the sale from the Houston-based company will be provided in the second quarter, according to Scotiabank.
apache corp. irion wolfcamp barnhart

Moody’s: North American oil companies cut capital spending 41 percent in 2015

on
North American exploration and production companies have collectively cut their capital budgets this year by 41 percent, according to a new analysis published Tuesday by Moody’s Investors Service.
A heavy duty jack-up rig drills over the Forties Echo platform (Apache Corp.)

Supply vessel hits Apache platform; company says no injuries or spills

on
Apache said the platform has been shut down but there hasn’t been any leak of oil or gas. It’s unclear when production will resume.
(AP Photo via militant video)

U.S. embassy in Saudi Arabia warns of kidnapping plot against Western oil workers

on
Affiliates of terrorist groups may be planning to kidnap Western oil workers in Saudi Arabia, the U.S. embassy in Saudi Arabia warned over the weekend.
Marathon Bakken drilling

Marathon to lay off 350 to 400 workers

on
As of the end of 2014, Marathon employed about 3,300 internationally.
A row of pump jacks operate in Apache Canada’s Provost field, located in the southeast part of Alberta (Apache Corp.)

Apache reports $4.8 billion loss

on
Exploration and production company Apache Corp. reported a $4.8 billion loss in the fourth quarter and said it would slow its production activity in the face of falling oil prices.
Steven Farris, chairman and chief executive officer of Apache Corp. (F. Carter Smith/Bloomberg)

Apache taps new CFO as exiting CEO gets hefty retirement package

on
Apache abruptly announced longtime CEO G. Steven Farris’ retirement this week.