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Statoil Presents Annual and Sustainability Reports For 2017

Today 23 March, Statoil (OSE: STL, NYSE: STO) is presenting its Annual Report and Form 20-F for the year ended 2017, and its sustainability report. In 2017, Statoil delivered record high equity production of 2.080 million barrels of oil equivalent per day and an underlying production gr ...

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Posted 2 years agoPress > StatoilAnnual ReportNYSE +3

ExxonMobil Senior Vice President Mark Albers to Retire

IRVING, Texas--( BUSINESS WIRE )--Mark W. Albers, senior vice president of Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire, effective April 1, 2018, after more than 38 years of service. Albers, 61, was elected to his current position as senior vice president and a membe ...

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Posted 2 years agoPress > RetireRetirementExxon Mobil +4

Noble Energy Closes Sale of 7.5 Percent Working Interest in Tamar

Houston , March 14, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE: NBL ) today announced the closing of the previously announced divestment of a 7.5 percent working interest in the Tamar field, offshore Israel , to Tamar Petroleum Ltd.  Noble Energy remains operator of the field with a 25 pe ...

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Posted 2 years agoPress > Tamar FieldTamarOffshore +4

Honeywell and United Nations Environment Sign Strategic Partnership Agreement

Agreement supports access to affordable and clean energy for all, and need for urgent action to combat climate change and its impacts Honeywell (NYSE: HON) has announced the signing of a Memorandum of Understanding (MOU) with the United Nations (UN) Environment to help promote sustainable econ ...

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Posted 2 years agoPress > HoneywellUnited NationsUN +4

EnerMech Partners With Valves Specialist Farris Engineering In Australia

Integrated engineering services specialist, EnerMech, has signed a partnership with Farris Engineering to provide safety relief valves and parts to the Australian market. EnerMech provides a range of mechanical, electrical and instrumentation services to the oil, gas, mining, infrastructure, chemi ...

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Posted 2 years agoPress > EnerMechPartnershipAustralia +2

Sanchez Midstream Partners Reports Fourth Quarter and Full Year 2017 Financial Results

HOUSTON, March 09, 2018 (GLOBE NEWSWIRE) -- Sanchez Midstream Partners LP (NYSE American:SNMP) (“SNMP” or the “Partnership”) today reported fourth quarter and full year 2017 results.  Highlights from the report include: The Partnership reported net income of $0.3 million for the fourth quarter 2 ...

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Posted 2 years agoPress > Sanchez Midstream PartnersResultsNYSE +1

Hess Announces $1.0 Billion Share Repurchase Program

NEW YORK--(BUSINESS WIRE)--Mar. 8, 2018-- Hess Corporation (NYSE: HES) today announced that its Board of Directors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess annou ...

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Posted 2 years agoPress > HessShare RepurchaseNYSE

Baker Hughes, a GE Company Announces February 2018 Rig Counts

Mar 7, 2018 HOUSTON & LONDON--(BUSINESS WIRE)--Mar. 7, 2018-- Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for February 2018 was 979, up 19 from the 960 counted in January 2018, and up 38 from the 941 counted in February 2017. The internat ...

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Posted 2 years agoPress > Rig CountOffshoreBaker Hughes +2

Chevron Affirms Cash Flow Growth and Capital Discipline

NEW YORK--(BUSINESS WIRE)--Mar. 6, 2018-- Chevron Corporation (NYSE: CVX) hosted its annual security analyst meeting in New York, where executives highlighted the company's plans to excel in any market environment. “We intend to grow free cash flow in 2018 and thereafter,” said Michael K. Wirth, C ...

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Posted 2 years agoPress > ChevronCash FlowNYSE

Oceaneering Acquires Ecosse Subsea Limited

Expands Service Line Capabilities to the Growing Renewable Energy Market HOUSTON, March 5, 2018 – Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that one of its wholly owned subsidiaries has acquired Ecosse Subsea Limited ("Ecosse"), a provider of offshore engineeri ...

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Posted 2 years agoPress > AcquisitionOceaneeringNYSE +4

Chevron Issues Second Climate Report for Investors

Chevron Corporation (NYSE: CVX) has published its second report describing the company's approach to managing climate change risks and its resilience under a low carbon scenario. Titled Climate Change Resilience – A Framework for Decision Making , the publication builds on the company's prior re ...

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Posted 2 years agoPress > ChevronClimate ChangeNYSE

Noble Energy Announces Fourth Quarter and Full-Year 2017 Results

HOUSTON , Feb. 20, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE:NBL) ("Noble Energy" or the "Company") today announced fourth quarter and full-year 2017 financial and operating results.  Highlights include: Strengthened the balance sheet through non-core asset divestitures and retired appro ...

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Posted 2 years agoPress > Noble EnergyNYSEResults +2

Noble Energy Increases Proved Reserves 37% to Total Nearly 2 BBoe

Houston , Feb. 20, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or the "Company") today announced total proved reserves of 1.965 billion barrels of oil equivalent as of December 31, 2017 , a net increase of 528 million barrels of oil equivalent (MMBoe) versus year-end ...

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Posted 2 years agoPress > Noble EnergyNYSEReserves

Noble Energy Announces $750 Million Share Repurchase Program

Company also announces divestment of U.S. Gulf of Mexico business Houston , Feb. 15, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or "the Company") today announced that its Board of Directors has authorized a $750 million share repurchase program.  In additi ...

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Posted 2 years agoPress > Noble EnergyShare RepurchaseUnited States +5

Marathon Oil Announces 2018 Development Capital Budget; Reports Fourth Quarter and Full-Year 2017 Results

HOUSTON (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE:MRO) has announced a $2.3 billion  returns-driven development capital budget for 2018, which is self-funding at $50 average WTI, including dividends, and generates meaningful free cash flow at $60 average WTI. More than 90 percent will be d ...

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Posted 2 years agoPress > Marathon OilNYSEBudget +8