Corporate Governance

Source: Reuters

Shell shares hit record high with stronger focus on oil, gas business

World Oil


(Bloomberg) – Shell Plc shares hit a record high as rising energy prices and the new CEO’s stronger focus on the core oil and gas business attracted investors. Shares of the company rose as high as 2,763 pence …

Civitas issues statement in conjunction with debt offering

Civitas issues statement in conjunction with debt offering

Oil and Gas 360


Civitas Resources’ (NYSE: CIVI) (“Civitas” or the “Company”) CEO Chris Doyle today issued the following statement in conjunction with the Company’s recently announced debt offering:

Civitas issues statement in conjunction with debt offering- oil and gas 360

“Today’s debt offering is expected to successfully finance our …

Vitesse Energy announces several impactful acquisitions, revised 2023 guidance and preliminary 2024 outlook, and additional hedging

Vitesse Energy announces several impactful acquisitions, revised 2023 guidance and preliminary 2024 outlook, and additional hedging

Oil and Gas 360


CENTENNIAL, Colo.–(BUSINESS WIRE)– Vitesse Energy, Inc. (NYSE: VTS) (“Vitesse” or the “Company”) today announced several impactful acquisitions, revised 2023 guidance and a preliminary outlook on 2024, and additional hedging.

ACQUISITIONS

Vitesse has acquired additional oil and …

Shell CEO plans company-wide meeting to discuss shift back to fossil fuels

Shell CEO plans company-wide meeting to discuss shift back to fossil fuels

World Oil


(Bloomberg) – Shell Plc Chief Executive Officer Wael Sawan will meet with employees later this month to discuss the decision to put a greater share of investment into fossil fuels. Sawan invited staff to join a virtual meeting …

Source: Reuters

U.S. bp executive resigns weeks after “abrupt” resignation of CEO Bernard Looney

World Oil


(Bloomberg) – bp Plc.’s U.S. President David Lawler is leaving the British oil giant, becoming the second top executive to quit this month after Chief Executive Officer Bernard Looney abruptly resigned.

Lawler, who had been with bp …

Source: Reuters

TotalEnergies promises more distributions, buybacks as oil prices soar

Oil Price


As oil prices soar and investors wait for signs that oil company stocks will start to catch up, French TotalEnergies has announced plans to boost production and shareholder distributions, lifting its stock price by almost a percentage point …

Source: World Oil

Oxy to keep oil production steady as crude prices surge near $100

World Oil


(Bloomberg) – Occidental Petroleum Corp. plans to keep its production steady even as oil prices have surged in recent weeks above $90 a barrel. “We don’t increase oil significantly in a market where we don’t see the balance,” …

Diversified Energy announces increase in borrowing base

Diversified Energy announces increase in borrowing base

Oil and Gas 360


BIRMINGHAM, AL / ACCESSWIRE / September 26, 2023 / Diversified Energy Company PLC (LSE:DEC) (“Diversified” or “the Company”) is pleased to announce its completion of the semi-annual borrowing base redetermination for the Company’s revolving credit facility, …

Source: World Oil

Devon Energy CEO to spend less to sustain oil, natural gas production in 2024

World Oil


(Bloomberg) – Devon Energy Corp. expects to spend less next year to sustain oil and natural gas production as record oil field inflation begins to abate. Costs for drilling rigs and steel used to line the inside of …

Source: Reuters

Gulfport Energy expands common stock repurchase authorization by 63% to $650 million

Oil and Gas 360


OKLAHOMA CITY–(BUSINESS WIRE)– Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) announced today that its board of directors expanded its common stock repurchase authorization by 63 percent to $650 million. This increased authorization extends the …

Source: Berry Corporation

Berry Corporation completes acquisition of Macpherson Energy Corporation, updates annual guidance

Oil and Gas 360


DALLAS, Sept. 18, 2023 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced today that it has successfully completed the acquisition of Macpherson Energy Corporation, a privately held Kern County, California operator,

Sempra Appoints Richard Mark to Board of Directors

Sempra Appoints Richard Mark to Board of Directors

Sempra Appoints Richard Mark to Board of Directors PR Newswire SAN DIEGO …

August 17, 2023 - 4:14 pm Corporate Governance, Press Releases
Flotek solidifies executive leadership team to drive continued growth and profitability

Flotek solidifies executive leadership team to drive continued growth and profitability

Oil and Gas 360


HOUSTON, August 17, 2023 – Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced three internal executive appointments, marking the final step in solidifying the Company’s leadership team as it focuses on strengthening its …

Appointment of New Director

Toronto, Ontario–(Newsfile Corp. – August 14, 2023) – Sensor Technologies Corp. (CSE: SENS) (the…

August 14, 2023 - 8:00 am Corporate Governance, Press Releases

Aclara Appoints General Manager for Brazil

TORONTO, ON / ACCESSWIRE / August 14, 2023 / Aclara Resources Inc. (” Aclara ” or the ” Company …

August 14, 2023 - 7:00 am Corporate Governance, Oil Sands, Press Releases
Pine Cliff Energy Ltd. Announces Appointment of New Director

Pine Cliff Energy Ltd. Announces Appointment of New Director

Calgary, Alberta–(Newsfile Corp. – August 10, 2023) – Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX:…

August 10, 2023 - 10:53 am Corporate Governance, Press Releases
GeoPark announces second quarter 2023 operational update

GeoPark announces second quarter 2023 operational update

Oil and Gas 360


Publisher’s Note: GeoPark will be presenting at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com

INCREASING ACTIVITY

Natural Gas Services Group, Inc. Announces Extension of Interim Chief Executive Officer Tenure and Appointment of Lead Independent Director

Natural Gas Services Group, Inc. Announces Extension of Interim Chief Executive Officer Tenure and Appointment of Lead Independent Director

Midland, Texas, July 05, 2023 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (&#x201C…

July 5, 2023 - 7:00 am Corporate Governance, Press Releases
Source: Reuters

Activist investor Elliott calls for new CEO at NRG Energy

US News


Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Elliott is in talks with potential

Cooper Equipment Rentals Appoints Brian Spilak as Chief Operating Officer

Cooper Equipment Rentals Appoints Brian Spilak as Chief Operating Officer

Toronto, Ontario–(Newsfile Corp. – June 27, 2023) – Cooper Equipment Rentals Limited proudly ann…

June 27, 2023 - 11:00 am Corporate Governance, Press Releases
Graphene Manufacturing Group Appoints Former Chief Technology Officer of CATL Limited to its Board of Directors

Graphene Manufacturing Group Appoints Former Chief Technology Officer of CATL Limited to its Board of Directors

Brisbane, Queensland, Australia–(Newsfile Corp. – June 27, 2023) – Graphene Manufacturing Group …

June 27, 2023 - 10:18 am Corporate Governance, Press Releases
Drilling Tools International, a Leading Oilfield Services Company, Announces Appointment of Mr. Roe Patterson to Board of Directors

Drilling Tools International, a Leading Oilfield Services Company, Announces Appointment of Mr. Roe Patterson to Board of Directors

HOUSTON, June 27, 2023 (GLOBE NEWSWIRE) — Drilling Tools International Corp. (“DTI&#x201D…

June 27, 2023 - 7:30 am Corporate Governance, Press Releases

Anaergia Appoints Deloitte LLP as Auditor

Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG), a global r…

June 27, 2023 - 5:30 am Corporate Governance, Press Releases
W&T Offshore appoints Sameer Parasnis as Executive Vice President and Chief Financial Officer

W&T Offshore appoints Sameer Parasnis as Executive Vice President and Chief Financial Officer

Oil and Gas 360


Publisher’s Note: W&T Offshore will be a presenter at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com

Lycos Energy Inc. Announces Appointment of New Director

Lycos Energy Inc. Announces Appointment of New Director

Calgary, Alberta–(Newsfile Corp. – June 14, 2023) – Lycos Energy Inc. (TSXV: LCX) (” Lycos ” or …

June 14, 2023 - 5:19 pm Corporate Governance, Press Releases
Source: Reuters

Exxon, Chevron shareholders reject toughening climate goals

Yahoo Finance


(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. shareholders soundly rejected activist demands to take responsibility for curbing emissions by motorists and industries that burn their fuels.Roughly 90% of investors in North America’s two largest oil producers shot …

SM Energy announces updates regarding its board of directors

SM Energy announces updates regarding its board of directors

Oil and Gas 360


SM Energy will be a presenter at  EnerCom Denver – The Energy Investment Conference  register to attend at  www.enercomdenver.com

DENVERMay 31, 2023 /PRNewswire/ — SM Energy Company (the “Company”) announced today that, consistent with …

WesCan Energy Announces Appointment of New Director

WesCan Energy Announces Appointment of New Director

Calgary, Alberta–(Newsfile Corp. – May 25, 2023) – WesCan Energy Corp. (TSXV: WCE) (” WesCan ” o…

May 25, 2023 - 7:32 pm Corporate Governance, Press Releases

Altima Appoints Technical Advisors

Vancouver, British Columbia–(Newsfile Corp. – May 25, 2023) – Altima Resources Ltd. (TSXV: ARH) …

May 25, 2023 - 3:07 pm Corporate Governance, Press Releases
Enerplus appoints Ward Polzin to its board of directors

Enerplus appoints Ward Polzin to its board of directors

BOE Report


CALGARY, AB, May 23, 2023 /CNW/ – Enerplus Corporation (“Enerplus”) (TSX: ERF) (NYSE: ERF) today announced the appointment of Mr. Ward Polzin to its board of directors.

 

Enerplus appoints Ward Polzin to its board of directors- oil and gas 360

Mr. Polzin is the Founder and …