California Resources to Separate E&P, Carbon Businesses Under New CEO

California Resources sees the separation of its E&P and carbon management businesses as a way to strengthen shareholder returns under Francisco Leon, who will become president and CEO in April. 

Brazil's Petrobras Taps Joelson Falcao to Head E&P Amid Management Overhaul

Along with Joelson Falcao as head of E&P, Petrobras CEO Jean Paul Prates has also appointed William Franca as head of refining and natural gas and Claudio Schlosser as head of commercial and logistics.

Capricorn Energy CFO Smith to Stay on Temporarily After Board Exit

Last week, Smith had resigned from Capricorn Energy amidst plans for a merger with NewMed. 

Ecopetrol Says CEO Bayon to Leave his Post on March 31

Felipe Bayon's departure comes amid tension between the oil sector and the Colombian government.

Glass Lewis Recommends Vote Against Capricorn Board, NewMed Merger

Shareholders will vote on Feb. 1 over Capricorn's planned merger with NewMed and the question of replacing top leadership positions. 

Vital Energy Completes Rebranding, Formerly Laredo Petroleum

The rebrand signifies Vital Energy’s commitment to its long-term energy goals, says CEO Jason Pigott. 

Next Petrobras CEO Says He Will Change Company's Fuel Price Policy

Prates plans to present his plans for the company after he takes over the firm, expected in mid-January. 

Flotek Announces Bond Clement As New CFO

Clement was previously CFO for PetroQuest Energy, a publicly traded E&P company with oil and natural gas assets.
 

ProPetro Appoints John Mitchell General Counsel

John J. Mitchell will replace current general counsel and corporate secretary Newton W. Wilson III.

Tallgrass to Buy Bankrupt Ruby Pipeline for $282.5 Million

In a bankruptcy auction, Tallgrass beat out Kinder Morgan Inc.’s $276 million bid.