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Africa Oil names exploration vice-president

Mar 4, 2011

Africa Oil Corp., Vancouver, BC, said Paul Martinez has joined the company as vice-president, exploration.

India's IOC appoints Butola as chairman

Mar 3, 2011

Indian Oil Corp. Ltd. appointed RS Butola as chairman. He has 30 years of industry experience.

COMMENT: Analysts provide balance against spiraling fears over Libya

Mar 2, 2011

In the immediate wake of events in Libya, reports began to emerge that looked like doomsday was upon us. Indeed, certain sections of the mainstream media gave the impression that prices would be going through the roof as one oil-producing country after another fell.

Weatherford outlines $500 million accounting error

Mar 2, 2011

Weatherford International Ltd. announced a $500 million accounting error related to its tax accounting practices for 2007 through 2010, and the oil services firm said it will adjust previously reported financial results as a result.

INGAA prepares for comprehensive pipeline safety legislation

Mar 1, 2011

The Interstate Natural Gas Association of America anticipates congressional passage of a comprehensive federal pipeline safety bill in 2011, laying out a number of aggressive goals and delegating the details to the US Pipeline and Hazardous Materials Administration, an INGAA official said.

ONGC appoints director, exploration

Feb 28, 2011

Oil & Natural Gas Corp. appointed Shri Rao as director, exploration.

No shortage of strange news

Feb 28, 2011 With all the momentous, world-changing events taking place in the news recently—from the escalating civil unrest in Libya to the breakdown of long-standing ruling governments of other North African nations—it's amazing to see that there remains no shortage in news of the weird and wacky variety to break up some of the seriousness.

Apache elevates Eichler, Plank; Crum departs

Feb 25, 2011

Houston independent Apache Corp. appointed Rod Eichler to the position of president and chief operating officer and Roger Plank to president and chief corporate officer.

Eni: Libya's violence could 'trigger' increased price speculation

Feb 24, 2011

Due to the continued violence sweeping the country, Libya’s oil production has decreased by 75% to around 400,000 b/d from the normal 1.6 million b/d, according to Paolo Scaroni, Eni SPA chief executive officer.

Linn made permanent chief executive of Roc Oil

Feb 23, 2011

The board of Roc Oil Co. Ltd., Sydney, has appointed Alan Linn as chief executive officer, effective immediately.

PTTEP Australasia appoints chief executive officer

Feb 23, 2011

PTTEP appointed Ken Fitzpatrick as chief executive officer of PTTEP Australasia, effective in May.

Eni, Gazprom agree on Libya, West Siberian gas, and South Stream

Feb 18, 2011

Russia and Italy officials discussed several oil and gas agreements while Russia’s President Dmitry Medvedev visited Italy, including signing an agreement paving the way for OAO Gazprom to acquire half of Eni SPA’s 66% stake in a consortium developing Libya’s Elephant oil field.

Marine Well Containment Co. announces management team

Feb 18, 2011

The Marine Well Containment Co. has assembled its management team to supervise the independent organization formed to provide rapid response equipment to contain any well control incidents in the deepwater Gulf of Mexico.

Newport succeeds Atencio at Mainland Resources

Feb 14, 2011

Mainland Resources Inc., The Woodlands, Tex., has appointed Michael J. Newport as chief executive officer and director.

New areas could expand Arctic's oily component

Feb 14, 2011 The Arctic, thought to be natural gas-dominant on the basis of limited exploration, could become more oily as more of the region is more fully explored, delegates at the Arctic Technology Conference were told Feb. 7 in Houston.
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