Phillips 66 Backs Board as Investor Group Urges Changes
Phillips 66 has 'the right management team and Board in place to deliver long-term, sustainable value'.
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COP28 Adopts Goal to Triple RE Capacity by 2030
Dozens of countries at COP28 backed a target of raising the global RE capacity to at least 11,000 GW by 2030.
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Venezuela Stirs Nationalism in Dispute With Guyana Over Oil
Venezuelan President Nicolás Maduro is inflaming regional tensions by reviving a long-dormant border dispute over the area known as the Essequibo.
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Experts Discuss Oil, Gas Recruitment Surprises in 2023
As the year draws to a close, Rigzone asked oil and gas recruitment experts if oil and gas recruitment surprised them in 2023, and if so, how.
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Union Says Drillers Settle Long Running Dispute
'A revised pay offer by the company was overwhelmingly accepted'.
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Kuwait's Al-Zour Refinery Put into Full Production
Bringing online the third of the three mini refineries will gradually take the capacity to 615,000 bpd.
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TotalEnergies to Divest Stake in South Africa Oil Refinery
'The transaction is in line with the company strategy to focus on its large integrated fuels and petrochemicals platforms and to divest its non-core assets'.
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OKEA Postpones Close of Statfjord Acquisition from Equinor
OKEA received updated information that indicated a reduction in 2P and 2C volumes of 10 to 15 percent over the lifetime of the acquired assets.
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50 Oil Firms Join Charter for Decarbonization at COP28
The charter signatories have committed to net-zero operations by 2050 at the latest, ending routine flaring by 2030, and near-zero upstream methane emissions.
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Arrow Exploration Posts Strongest Quarter to Date
Arrow Exploration had $7.1 million in net income for the third quarter.