Hints and tips:
...Selecting Gulf Oil as his target in late 1993, the oilman first assembled a stake in the company, then launched an offer to buy 15 per cent more, all the while agitating for Gulf’s directors to find ways...
...Outgoing Fiat Chrysler chief executive Sergio Marchionne is set to name a successor and a new strategy in the spring, in a move that will indicate whether the company still intends to sell itself....
...Elsewhere, the head of the oil company Shell responded to the new climate science by stating that “Shell’s core business is, and will be for the foreseeable future, very much in oil and gas”....
.... . . the company” and why “Bob Dudley, is the one who . . . deserves credit”....
...That is well below the level needed by the UK oil majors to break even in their upstream exploration and production businesses....
...But Ali al-Naimi — oil minister and architect of the Saudi strategy to maintain output and keep prices low to hobble its rivals — voiced a commitment to press on with investments in exploration, production...
...Recent studies have shown Australia is the most expensive offshore exploration and production location in the world – three times as expensive as the US Gulf Coast, and slightly more than Norway....
...BP has promoted Lamar McKay to lead its exploration and production business as part of a further reorganisation of its upstream activities prompted by the 2010 Deepwater Horizon disaster in the Gulf of Mexico...
...In August, Pemex, the Mexican national energy company, reported its first deepwater oil discovery in the Gulf of Mexico, after 19 unsuccessful exploration wells....
...Most recently, it was granted minority stakes in two new oil exploration blocks awarded to Cobalt and BP in December, according to company announcements....
...Dudley talked about being “on the right path”, and said BP planned to push back even further the frontiers of deep-water oil exploration....
...One of the biggest oilfields in Africa has been brought into production at cost and on schedule, in the absence of any of the main international oil companies. ”Jubilee has set a good example for the rest...
...Capital spending can quickly be dialled up and down, and as the oil price plunged in the second half of 2008, the exploration and production companies, from the largest “supermajors” to the smallest independents...
...International companies have no presence, except for Chevron Texaco, which operates oilfields in the Partitioned Neutral Zone....
...Andy Inglis, the former head of exploration and production at BP, is to join Petrofac, the oil and gas services company, as the new head of its energy developments business....
...When he was announced as Tony Hayward’s successor in July, he talked about using asset sales to “reset” BP, “to create more of a growth company”, selling mature, declining oil and gas fields and retaining...
...Andy Inglis, head of exploration and production, will continue to lead the efforts to kill the well, which the US government estimates is spewing 35,000-60,000 barrels of oil into the Gulf each day....
...About 170 of the 500 people in the centre working to cap the oil well leak and contain the spill in the Gulf of Mexico are on duty....
...After the Tiber discovery, Andy Inglis, BP’s head of exploration and production (E&P), talked about the company’s expertise in working in the most challenging of deep water fields....
...and future claims on commodities (mining companies)....
...: Oil & gas production Location: US 3-year TSR: -64.1% 36 Name: Harriet Green Company: Premier Farnell Sector: Support services Location: UK 3-year TSR: -25.6% 37 Name: Ines Kolmsee Company: SKW...
...The wave of huge mergers at the end of the 1990s that brought together Exxon with Mobil, BP with Amoco and Chevron with Texaco led to a wave of job cuts that many companies are now trying to reverse, Employers...
...In fact the best-performing oil companies globally have been the ones that have had exploration success, such as Petrobras in Brazil....
...But that has cost them their edge in many areas and national oil companies have turned to service companies to help them grab a bigger share of the profits as oil prices have risen....
...His openness about those problems, which have included an oil spill in Alaska, long delays to flagship projects such as Thunder Horse in the Gulf of Mexico and the fatal explosion at the Texas City refinery...
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