Daniel P. Rohling has succeeded Jon Wright as executive vice-president and chief operating officer of Halcon Resources Corp. following the company’s emergence from bankruptcy under Chapter 11 of the US Bankruptcy Code.
Eyal Ofer’s Singapore-based OG Oil & Gas (OGOG) has increased its offer for minority stakeholders of New Zealand Oil & Gas Ltd. (NZOG) by 12¢ to 74¢ (NZ)/share.
Tony Berthelet has been appointed chief operating officer of Gran Tierra Energy Inc., Calgary.
William Lancaster will join Strategic Oil & Gas Ltd., Calgary, as president and chief executive officer Oct. 17, succeeding Tony Berthelet, who has resigned to pursue another opportunity.
EP Energy Corp., a Houston independent with programs in the Eagle Ford, Permian, and Northeastern Utah areas, filed voluntary petitions under Chapter 11 reorganization in the US Bankruptcy Court for the Southern District of Texas.
Bernard Looney will become group chief executive and a director of BP PLC in February, succeeding Bob Dudley, who will retire at the end of March.
Husky Energy Inc. has agreed to sell its 12,000-b/d refinery in Prince George, BC, to Tidewater Midstream & Infrastructure Ltd. for $215 million (Can.) in cash plus a closing adjustment for inventory.
Chevron Corp. has established new goals to reduce its net greenhouse gas (GHG) emission intensity. The company intends to lower upstream oil net GHG emission intensity by 5-10% and upstream natural gas net GHG emission intensity by 2-5% from 2016 to 2023.
Holly Energy Partners and Plains All American Pipeline have formed a joint venture, Cushing Connect Pipeline & Terminal. The JV will develop and construct a 160,000-b/d common-carrier crude oil pipeline connecting Cushing oil hub to a Tulsa refinery.
Petro Rio SA has closed on the deal to acquire Frade Japao Petroleo, a joint venture formed by Inpex and Sojitz that holds a 18.26% working interest in Frade field, a heavy oil and gas field in Brazil’s Northern Campos basin.
The Carlyle Group and former executives of Tullow Oil PLC have formed Boru Energy targeting acquisitions of oil and gas properties up to $1 billion in Sub-Saharan Africa.
Bellatrix Exploration has begun a court-supervised review of strategic and restructuring alternatives. From properties in West-Central Alberta, the company produced 35,917/boed of crude oil, condensate, NGLs, and natural gas in this year's second quarter.
US oil and gas mergers and acquisitions activity surpassed $17 billion in this year’s third quarter, maintaining the momentum established in the second quarter, according to a recent report from Austin-based oil and gas data analytics company Enverus.
Sushil Chandra Mishra has become chairman and managing director of state-owned Oil India Ltd., succeeding Utpal Bora.
