2022-08-09 - Proceeds from the Production Lending loan will be used by the private, Midland, Texas-based oil and gas company to drill and complete six horizontal wells in the northern Midland Basin.
2022-06-20 - In a separate filing, Petrobras added that its chief exploration and production officer, Fernando Borges, was appointed interim CEO. Borges will become Petrobras’ fourth CEO since Brazilian President Jair Bolsonaro took office in 2019.
2022-06-29 - “It’s a question of how high prices eventually rise” to spur investment, says Exxon Mobil CEO Darren Woods.
2022-06-27 - Petrobras has experienced an almost constant churn at the CEO position since 2021 stemming from disagreements with Brazil’s President Jair Bolsonaro regarding prices for gasoline and diesel fuel.
2022-06-03 - Norwegian oil workers plan strike action at 10 permanent offshore installations, including the Njord A, Valhall, Gudrun and several Oseberg platforms, as well as three mobile service units, unions said.