His career has gotten a boost from the likes
of oil executive Harold Hamm, who was co-chair of Pruitt's reelection campaign.
President Nicolas Maduro since last year has overseen the arrest of dozens
of oil executives, including the former energy minister and PDVSA president.
The majority
of oil executives and industry analysts still believe that $ 50 - $ 60 oil will continue as the new normal, with U.S. shale supply growing stronger every time oil prices rise above $ 50.
The audience
of oil executives reacted rapturously.
Not exact matches
A global
oil company
executive recently predicted that petroleum's dominance
of world energy would last only another 20 years; other ways
of providing energy, particularly for transport, were about to emerge.
BERLIN — A Vietnamese man charged with involvement in the kidnapping
of a former Vietnamese
oil executive in Berlin went on trial Tuesday in the German capital.
U.S.
oil major Chevron Corp has evacuated
executives from Venezuela after two
of its workers were imprisoned over a contract dispute with state - owned
oil company PDVSA, according to four sources familiar with the matter.
CALGARY, Alberta, May 2 - The chief
executive of Canada's Suncor Energy Inc said on Wednesday he expected Prime Minister Justin Trudeau to move in the «next few weeks» to ensure that Kinder Morgan Canada's Trans Mountain
oil pipeline expansion goes ahead.
In the room were some 1,500 energy sector
executives, most
of them in a tetchy mood, given that
oil was south
of US$ 50 a barrel and over 35,000 Albertans had lost oilpatch jobs up to that point in 2015.
«With his silver hair, dark suits, and deep Texas drawl, Tillerson is the very picture
of a big
oil executive,» O'Keefe writes.
Shell's Chief
Executive Officer Ben van Beurden said the
oil sector had yet to emerge from troubled waters, but huge cost savings meant
oil majors were getting closer to balancing their operations at today's
oil prices
of around $ 50 a barrel.
Chief
Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price
of oil led to more than 5,000 job losses at the
oil and gas company.
Given the low level
of investments, the world could soon face an
oil supply shortage, Amin Nasser, the chief
executive of Saudi Aramco, said Monday also in Istanbul, Reuters reported.
Exxon (xom) under Tillerson continued a strategy
of his predecessors, signing deals in remote,
oil - rich regions including Russia, which Trump has touted as a sign
of the
executive's global connections which would serve him well in the top U.S. diplomatic role.
«Shell's strong earnings this quarter were underpinned by higher
oil and gas prices, the continued growth and very good performance
of our Integrated Gas business, and improved profitability in our Upstream business,» Chief
Executive Officer Ben van Beurden said in a statement.
Mr Stephen Rogers chief
executive of Clough's
Oil and Gas business unit said that the Apache project would generate a strong and consistent earnings stream for the
Oil and Gas business unit, with positive cash flow, and as the contract is rates based, Clough does not assume any lump - sum risk.
He is president
of Shell
Oil Co. in the United States, and sits on the
executive committee
of Royal Dutch Shell, its parent company.
«Dudgeon offshore wind farm is part
of Statoil's strategy
of gradually supplementing our
oil and gas portfolio with profitable renewable energy,» Irene Rummelhoff, Statoil's
executive vice president for New Energy Solutions, said in a statement.
Jim Irving runs the forestry business and the shipbuilding arm, which will construct the Canadian Navy's new Arctic offshore patrol boats, while Sarah Irving has just been installed on the
executive team
of Irving
Oil, which is undertaking a $ 200 - million maintenance project at its Saint John refinery.
Bloomberg surveyed a bunch
of oil traders and energy
executives at the conference, and the general sense was that
oil would trade between $ 50 and $ 60 per barrel, up from an informal consensus
of between $ 40 and $ 60 last year.
Trivago chief
executive Rolf Schroemgens talks about the state
of the travel booking sector, with specific comment on
oil, disruption and competition.
Not only are Millennials snubbing
oil and gas because
of its negative image, they also seek different job perks than previous generations sought, and in this regard, the
oil industry will need to do more as it becomes increasingly obvious that Millennials want different things than what
oil executives think they want.
The U.S.
oil company removed
executives from Venezuela after two
of its workers were imprisoned over a contract dispute with state - owned
oil company PDVSA.
PARIS, April 9 - Saudi Aramco will sign eight deals worth $ 10 billion with French firms on Tuesday, the chief
executive of the state - run
oil giant said on Monday - the main contracts expected to be sealed during Crown Prince Mohammed bin Salman's visit to France.
Those looking to buy in Calgary's Springbank neighbourhood, many
of whom are often
oil and gas company
executives, are presented with the same amenities, including a short commute to downtown, but with a few unique features.
OSLO, April 18 - Offshore
oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave
of rig market activity, its chief
executive told said on Wednesday.
Speaking at the Sohn Investment Conference in New York, the closely - watched DoubleLine Capital LP chief
executive officer recommended a trade
of shorting, or betting against, Facebook while betting on gains in an exchange - traded fund that tracks
oil and gas explorers and producers who could benefit from rising inflation.
U.S.
oil major Chevron Corp has evacuated
executives from Venezuela after two
of its workers were imprisoned over a contract dispute with state - owned
oil company PDVSA.
The Oslo - listed
oil driller said it plans to replace Chief
Executive Alf Thorkildsen with Fredrik Halvorsen, the head
of its Archer affiliate, and is looking to relocate management outside Norway.
The Oslo - listed
oil driller said it plans to replace Chief
Executive Alf Thorkildsen with Fredrik Halvorsen, the head
of its Archer affiliate, and is looking to relocate management outside Norway.
«It's not a mystery,» says Chris Bake, a member
of the
executive committee
of Vitol, the world's largest independent
oil trader.
OSLO, April 18 (Reuters)- Offshore
oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave
of rig market activity, its chief
executive told said on Wednesday.
No rival
oil explorers operate with quite the same corporate culture or long - term view that the direct descendant of John D. Rockefeller's Standard Oil has fostered among its executive cla
oil explorers operate with quite the same corporate culture or long - term view that the direct descendant
of John D. Rockefeller's Standard
Oil has fostered among its executive cla
Oil has fostered among its
executive class.
Niko Resources, a Calgary - based
oil and gas company for which Sharif was the senior in - country
executive, was being accused
of bribery, thereby jeopardizing diplomatic relations.
Expanding offshore drilling April 28 In the same
executive order, Trump ordered the Department
of the Interior to create a new five - year schedule for leasing blocks
of the U.S. outer continental shelf for
oil and gas exploration.
Vicki Hollub, President and Chief
Executive Officer & Director
of Occidental Petroleum: Hollub's CEO appointment on April 30 was a historic event for the
oil industry.
A short video from one female
executive won't change that, but hopefully a lot more women in positions
of power and a growing awareness that burning the midnight
oil takes a serious toll on families, relationships and even individuals (not to mention a more equitable sharing
of housework and childcare between the sexes) will slowly make it safe for more
of us to say to our bosses — or admit to ourselves — what Sandberg has just said publicly.
Papa's comments on Tuesday were a stark contrast to the tone
of cautious optimism at the conference, where many
executives claimed that data analytics and technology, like machine learning, will improve efficiency in the
oil patch and fuel further gains.
While
oil industry
executives are preparing to live and profit in the world
of $ 50
oil over the next few years, some enthusiast investors have been betting on $ 100
oil for December 2018 options.
But U.S. officials have since received intelligence reports that during that same three - day trip, Page met with Igor Sechin, a longtime Putin associate and former Russian deputy prime minister who is now the
executive chairman
of Rosneft, Russian's leading
oil company, a well - placed Western intelligence source tells Yahoo News.
«BP is continuing to plan for a lower
oil price world,» chief
executive Bob Dudley said on Tuesday, adding that «I'm not expecting big shifts in prices anytime soon and a price
of $ 50 a barrel looks like the right number to plan on for the rest
of the decade.»
Executive director Ed Whittingham lambasted the government's «five - year track record
of failing to meaningfully tackle greenhouse gas pollution and avoiding federal responsibility for
oil sands development.»
«BP is continuing to plan for a lower
oil price world,» chief
executive Bob Dudley said earlier this month, adding that «I'm not expecting big shifts in prices anytime soon and a price
of $ 50 a barrel looks like the right number to plan on for the rest
of the decade.»
Among the many well - known Canadians scheduled as «participants» were Stephen Harper's Conservative cabinet ministers Stockwell Day (who at first denied attending) and the then - defence minister Gordon O'Connor, deputy ministers (Defence) Ward Elcock, Peter Harder (Foreign Affairs), Associate Deputy Minister William Elliott (Public Security), Liberal continentalist Anne McLellan, Canada's former deputy prime minister and a defender
of the
oil patch, the Alberta minister
of energy, Greg Melchin, General Rick Hillier, Canada's chief
of defence staff, former Conservative cabinet minister Perrin Beatty, now president
of the Canadian Chamber
of Commerce, the infamous continentalist Thomas d'Aquino, head
of the Canadian Council
of Chief
Executives, Rear Admiral Roger Girouard, Maj. - Gen.
And though few doubt that all the
oil capacity will eventually be needed, «the only bump in the road is that we're getting a little bit
of capacity expansion occurring before it was really needed,» TransCanada chief
executive officer Hal Kvisle said in an interview.
Ann Hailey has accumulated more than 30 years
of finance, retail and operations expertise through
executive leadership positions at companies such as Mobil
Oil Corporation, Pepsico, Inc., Duggan Consulting Associates, Inc., Nabisco Holdings Group, Inc., Pillsbury Company, Limited Brands, Inc. and Gilt Groupe, Inc..
(Reuters)- Chevron Corp (CVX.N) is slashing 10 percent
of its workforce and sharply paring back its budget, with Chief
Executive Officer John Watson giving a downbeat view on Friday
of an industry beleaguered by low
oil prices.
What's going on is that thousands
of oil workers are fleeing the state - run
oil firm under the watch
of its new military commander, who has quickly alienated the firm's embattled upper echelon and its rank - and - file, according to union leaders, a half - dozen current PDVSA workers, a dozen former PDVSA workers and a half - dozen
executives at foreign companies operating in Venezuela.
The event, part
of the kingdom's drive to free itself
of reliance on
oil exports in an era
of cheap
oil, attracted senior
executives of global banks such as Citigroup, Goldman Sachs, Bank
of China and Mizuho.
The market should not be overly enthusiastic over today's
oil price surge on reports that OPEC has managed to reach some kind
of a deal to reduce supply, David Hunt, chief
executive at asset manager PGIM, said in an interview with Bloomberg Television on Wednesday.