More Top Stories in Business

People

Opinion: Attracting the Oil and Gas Exec of the Future Requires Industry Transformation

Analyzing the relationship between executives within the oil and gas and technology sectors is crucial so a new pipeline of talent can be formed and the skills gap can be avoided.

January 21, 2022

Earnings

Schlumberger's Profit Jumps as Higher Oil Prices Spur Drilling Demand

Schlumberger's fourth-quarter adjusted net income rose to $587 million, or 41 cents per share, above Wall Street estimates of 39 cents per share, according to Refinitiv IBES.

January 21, 2022

Public Capital

Unit Corp. Seeking $1 Billion Sale of Anadarko, Gulf Coast Gas Assets

Unit Corp., which filed for bankruptcy in May 2020 at the height of a slump in oil prices, has reached out to interested parties for a divestiture of its upstream subsidiary Unit Petroleum Co., sources say.

January 21, 2022

Public Capital

Lawsuit Alleges Charif Souki Defrauded Tellurian Investor in Short-seller Battle

Tellurian shareholder Chris Parker filed a breach of contract lawsuit with the U.S. District Court in Denver seeking unspecified damages from Chairf Souki, founder of the U.S. LNG company.

January 21, 2022

People

Crestwood Promotes CFO Robert Halpin to President Among Several Organizational Changes

In addition to Robert Halpin’s promotion, Crestwood also announced the promotions of Diaco Aviki to executive vice president and COO and Joanne Howard to senior vice president of sustainability and corporate communications.

January 20, 2022

People

Austin, Texas-based Studio X Names Jeff Allyn as CEO

Jeff Allyn joins Studio X, a global innovation studio powered by Shell, with more than 25 years of experience in leadership roles, driving expansion of startups and large business units.

January 20, 2022

Earnings

Baker Hughes Posts Q4 Profit as Higher Oil Prices Spur Drilling Demand

U.S. crude futures are trading around $86.2 a barrel, while Brent futures are around $88.12 a barrel. U.S. crude futures were roughly flat of the morning of Jan. 20.

January 20, 2022

Private Equity

New Privates: Oil and Gas Startups Stand Out

New private oil and gas companies establish their footprints to showcase innovative ways of doing business during a difficult time.

January 20, 2022

Public Capital

Companies Worry US SEC Climate Rule May Require Broad Emissions Disclosure

Some companies in carbon-intensive sectors, including oil major ExxonMobil Corp., have already begun reporting Scope 3 emissions, amid pressure from investors and climate campaigners.

January 19, 2022

People

Texas A&M Petroleum Engineering Chair, Jeff Spath, Joins Datagration as Executive Adviser

"I am excited to be joining the talented Datagration team to assist in the development and delivery of their unique and valuable solutions to E&P companies," Dr. Jeff Spath said.

January 19, 2022