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Exxon Mobil Sells UK North Sea Assets in Deal Worth over $1 Billion
The sale of U.K. North Sea upstream assets on Feb. 24 helps the U.S. oil major free up capital for projects elsewhere, says Exxon Mobil Vice President Neil Chapman.
Northern Oil and Gas Promotes Mike Kelly to Chief Strategy Officer
Mike Kelly, currently executive vice president of finance, joined Northern Oil and Gas in January 2020 from Seaport Global Securities where he was a partner and head of E&P research.
Occidental-backed Company Will Build Permian Basin CO2 Removal Plant
The facility will be located on 100 acres in Texas' Permian Basin and will capture up to 1 million metric tons of CO₂ from the atmosphere a year, Occidental Petroleum said in a joint statement with Rusheen Capital.