CGG declares a new organization for a stronger futureSep 2, 2015CGG is engaged in an ambitious transformation plan to adapt to the new environment and market conditions. A more centralized organization
AMSC receives $40 million order from Inox WindSep 1, 2015AMSC has received an approximately $40 million order for wind turbine electrical control systems (ECS) from Inox Wind Limited,
NOV appoints Jose A. Bayardo as Senior VP & Chief Financial OfficerSep 1, 2015National Oilwell Varco, Inc. says that Jose A. Bayardo has been named Senior Vice President and Chief Financial Officer of National Oilwell
Questar applies to add Canyon Creek acquisition to Wexpro IISep 1, 2015Questar Corporation subsidiary Questar Gas Company (Questar Gas) has submitted an application to the Public Service Commissions
WPX begins delevering with Sale of Van Hook gathering systemSep 1, 2015WPX Energy has agreed to sell a North Dakota gathering system for approximately $185 million to a private equity fund managed
Meritum Energy Holdings acquires Pico PetroleumSep 1, 2015Meritum Energy Holdings, LP has completed the acquisition of Pico Petroleum, a propane and fuel distribution business in south Texas.
API: Administration truncates review of potentially most costly regulation everSep 1, 2015API is concerned the Obama administration is rushing potentially the most expensive regulation in history through a shortened
OEG Offshore merges with Gulf Coast oilfield equipment providerAug 31, 2015OEG Offshore, a provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry announces the merger of its US business with
Keppel enhances capabilities with acquisition of LETOURNEAU™ jackup rig designsAug 31, 2015Keppel Offshore & Marine (Keppel O&M) has through its wholly owned subsidiary, Keppel Offshore & Marine USA, Inc., entered
Baker Hughes announces US rig countsAug 31, 2015Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began
Reduced offshore share in U.S. oil and natural gas production lowers risk from hurricanesAug 31, 2015Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes
Freeport-McMoRan declares further spending cuts in response to market conditionsAug 28, 2015Freeport-McMoRan Inc. announced revised capital and operating plans in response to the recent decline in copper prices resulting
Greene's Energy names Michael Hayes as VP and GM of Pressure Testing and ServicesAug 27, 2015Greene’s Energy Group, LLC (GEG) has named Michael “Mike” Hayes as Vice President and General Manager of Pressure Testing and Services
Cobalt Interational appoints CFO and Executive Vice PresidentAug 27, 2015Cobalt International Energy, Inc. says that Shannon (Shane) E. Young, III will join Cobalt as Chief Financial Officer and Executive Vice President.
Gulfsands Petroleum's Director of Finance and Administration resignsAug 27, 2015Gulfsands Petroleum Plc provides the following corporate update.Alan Cutler, the Company's Director of Finance and Administration, who had already given
Audubon Field Solutions appoints Director of Pipeline IntegrityAug 27, 2015Audubon Field Solutions has named David Wint as Director of Pipeline Integrity. Wint brings over 30 years of experience in engineering, construction,
GSE Systems names Christopher D. Sorrells as Interim Chief Operating OfficerAug 27, 2015GSE Systems, Inc. has appointed Christopher D. Sorrells as Interim Chief Operating Officer of the Company, effective August 25, 2015.
EIA expects near-term decline in natural gas production in major shale regionsAug 27, 2015Natural gas production across all major shale regions in EIA's Drilling Productivity Report (DPR) is projected to decrease for the first time in September.
Sclumberger declares agreement to acquire CameronAug 27, 2015Schlumberger Limited and Cameron jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share.
Royal Purple offers an industry-first training programAug 26, 2015Premium synthetic industrial lubricant manufacturer, Royal Purple® offers an industry-first training program as part of its value added services to provide
MRC Global appoints Robert 'Bob' L. Wood as new DirectorAug 26, 2015MRC Global Inc. says that Robert 'Bob' L. Wood has joined MRC Global's Board of Directors.
Mr. Wood brings 30 years of global chemical industry experience and insight as well as more than
Royal Energy to acquire coal assets in Northern Appalachia for $20 millionAug 26, 2015Royal Energy Resources, Inc. has signed a Letter Agreement to acquire the assets and infrastructure of two permitted mines in Northern Appalachia,
Synergy Resources names James P. Henderson as Executive VP Finance and CFOAug 26, 2015Synergy Resources Corporation has hired James P. Henderson as Executive Vice President Finance and Chief Financial Officer. Mr. Henderson
Encana reaches agreement to sell its Haynesville natural gas assetsAug 26, 2015Encana Corporation says that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Haynesville natural gas