From Bloomberg One of the oil industry’s highest-paid executives is taking a pay cut as his company braces for possibly difficult times ahead after its stock plunged last year. Nabors Industries Ltd. Chief Executive Officer Anthony Petrello agreed to forfeit $4 million in restricted stock in exchange for a symbolic award worth $1,500, the Hamilton, Bermuda-based company said in a
From Reuters All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers. The United States withdrew from a nuclear deal with Iran last year and snapped sanctions in place to
From Reuters France’s Maurel & Prom will invest $400 million to acquire a 40 percent stake in a Venezuela oilfield joint venture called Petroregional del Lago, state oil company PDVSA [PDVSA.UL] President Manuel Quevedo said on Monday. Maurel & Prom said in a December statement it had agreed to pay 70 million euros ($80.5 million) to buy the stake from
Eagle LNG’s Talleyrand LNG Bunker Station at JAXPort Delivering Weekly Bunkering from First-of-Its-Kind, Shore-to-Ship Fuel Depot
From Reuters Saudi Arabia is expected to announce a slight rise in its crude oil and gas reserves on Wednesday after being independently audited, according to a source familiar with the matter. Saudi Arabia’s reserves of easily recoverable oil have long been the world’s largest. For almost 30 years – despite rising production, large swings in oil prices and improved
Core Laboratories’ Fourth Quarter 2018 Webcast At 7:30 a.m. CST / 2:30 p.m. CET On January 31, 2019
Vanadium One Energy Corp. Completes Mont Sorcier Claims Earn-In
Santana Energy Services Announces Leadership Transition
Consumer Watchdog To Legislative Leaders: Maui Utilities’ Junket While Paradise Burned Should Spark New Rules For Real-time Disclosure of Lawmaker Trips
The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks fell by 1,680 MBBL last week to 439,738 MBBL from 441,418 MBBL. This is 5% above the 419,515 MBBL that was in storage at this point last year, and is 8% above the five-year
Royal Dutch Shell plc: Transaction in Own Shares
NAPE Summit Announces 2019 Global Business Conference Speaker Lineup and Schedule
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