Latest News for: Chief driller

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Qatar locked in: Offshore driller celebrates three-year contracts

Upstream Online 10 Aug 2021
The company's chief executive Ihab Toma said the jack-ups Sapphire Driller ...
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‘Shameful' Moody's decision to cut Petroleos Mexicanos rating -Pemex CEO

Petroleum World 29 Jul 2021
Octavio Romero, Pemex's chief executive officer ... Pemex, as the company is known, “completely disagrees” with the downgrade and believes Moody's acted unprofessionally, Octavio Romero, the driller's chief executive officer, said Wednesday on its second-quarter earnings call.
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Long live Houston-based drillers

Reuters 30 Jun 2021
The driller said on Wednesday that it had drummed up more savings from last year’s acquisition of Concho Resources ... Oil prices have jumped, though, taking drillers’ valuations with them ... Shares in Occidental, whose Chief Executive Vicki Hollub nearly came unstuck after buying Anadarko two years ago, have more than tripled ... (By Lauren Silva Laughlin).
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Area history, April 21, 2021

The News-Gazette 21 Apr 2021
Today is Wednesday, April 21, 2021 ... In 1921, well drillers working at the home of Urbana Police Chief struck a small vein of oil at a depth of 18 feet and the chief was debating whether to explore further ... .
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Oil holds gains after topping US$50 on Saudi pledge to cut output

Straits Times 06 Jan 2021
Futures in New York edged lower after jumping 4.9 per cent on Tuesday and briefly topping US$50 a barrel for the first time since February ... It's an especially sweet gift for US shale drillers, said Helima Croft, chief commodities strategist at RBC Capital Markets analyst. Shale stocks subsequently surged. More on this topic. � ....
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Oil holds gains after topping $50 on Saudi pledge to cut output

Live Mint 06 Jan 2021
Oil held gains in early Asian trading after surging to a 10-month high on a surprise Saudi Arabian pledge to cut an extra 1 million barrels a day of crude output in February ... Other producers will hold supply steady or make small increases, delegates said ... shale drillers, said Helima Croft, chief commodities strategist at RBC Capital Markets analyst ... .
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'Enough Is Enough': Canada's Montney Producers Swap Oil And Gas Assets For Cash

Yahoo Daily News 13 Sep 2020
WINNIPEG, Manitoba ... Lockdowns and sharp contractions in economic activity have hammered global oil demand in 2020, pushing prices so low that producers worldwide have made record output and spending cuts ... U.S ... Advantage Oil and Gas, one of the Montney’s earliest gas drillers, would be open to combining with others, Chief Executive Andy Mah said ... .
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Trump Rolls Back Methane Rule as Bankrupt Permian Drillers Ignore Venting Flares

truthout 14 Aug 2020
After dipping below negative for the first time in April, oil prices have rebounded to around $40 a barrel — still below what most drillers need to break even ... Even if a driller manages to fix a malfunctioning flare, she says, it doesn’t always stay fixed ... Now, under federal law, broke and bankrupt drillers won’t even have to.
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Borr Drilling appoints new CEO

Splash24/7 10 Aug 2020
Offshore driller Borr Drilling has announced the appointment of Patrick Schorn as its new chief executive officer, effective September 8 ... “We are pleased to announce Patrick as the new chief executive ...
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Oil Gains for Fifth Day on Declining Stockpiles, Rising Equities

Canada Dot Com 06 Aug 2020
(Bloomberg) — Oil rose for a fifth day, lifted by stronger equity markets and a decline in U.S ... U.S ... U.S ... Still, U.S ... U.S ... Meanwhile, American shale drillers have signaled the end of output growth, with Diamondback Energy Inc.’s chief executive officer saying there are currently no market signals that such growth is needed. U.S ...  .
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Brent oil tops $45 on sliding US stockpiles, technical breaks

Live Mint 05 Aug 2020
Oil climbed to a five-month high in London, topping $45 a barrel after U.S. industry data showed a decline in the nation’s stockpiles ... European equities and U.S ... American shale drillers have signaled the end of output growth, with Diamondback Energy Inc.’s chief executive officer saying there are currently no market signals that such growth is needed.
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Maersk Drilling chief financial officer to step down

Offshore Energy Today 04 Aug 2020
The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would leave the company. The post Maersk Drilling chief financial officer to step down appeared first on.. ... .
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Down to handful of active rigs, Canada's oil and gas drillers face permanent contraction

Canada Dot Com 06 Jul 2020
The fleet looks likely to shrink 25% in the next year from the current 500, as companies decide against costly recertifications of equipment, said Kevin Neveu, chief executive of Precision Drilling Corp, one of Canada’s biggest drillers ... still actively hiring drillers.
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Newmont publishes sustainability report

Elko Daily Free Press 01 Jun 2020
6 are, from left, Will Newman, chief engineer; JohnJJ” Stefanic, general foreman; and Daniel Dorohov, driller ... 6 while, mine manager Sam Marich, left, discusses operations with driller Daniel Dorohov ... 6 are, from left, Will Newman, chief engineer; John “JJ” Stefanic, general foreman; and Daniel Dorohov, driller.
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Why bond investors are willing to bet on money-losing Pemex after oil price crash

Canada Dot Com 22 May 2020
Mexico’s huge money-losing driller is run by Chief Executive Octavio Romero, who sticks to the government’s position ... “Pemex would likely be the primary beneficiary of any fiscal relief effort (from the government),” said Gustavo Rangel, chief economist for Latin America at ING.
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