Business Wire

  1. Rockwell Automation And Schlumberger Enter Joint Venture Agreement To Create Sensia, The Oil And Gas Industry’s First Fully Integrated Automation Solutions Provider

    Rockwell Automation, the world’s largest company dedicated to industrial automation and information, and Schlumberger, the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, announced recently that they have entered into an agreement to create a new joint venture, Sensia, the first fully integrated digital oilfield automation solutions provider.

  2. Kosmos Energy Announces Management Succession

    Kosmos Energy announced recently that Chief Exploration Officer and Founding Partner Brian F. Maxted has decided to retire from the company effective February 15, 2019.

  3. Hess Announces Two New Discoveries Offshore Guyana

    Hess Corporation recently announced positive results from the Tilapia-1 and Haimara-1 wells offshore Guyana, bringing the total number of discoveries on the Stabroek Block to 12.

  4. ExxonMobil Announces Two New Discoveries Offshore Guyana

    ExxonMobil said recently it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12.

  5. ExxonMobil, Qatar Petroleum To Proceed With Golden Pass LNG Export Project

    ExxonMobil and partner Qatar Petroleum said recently they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas.

  6. ExxonMobil Earns $20.8B In 2018; $6B In Fourth Quarter

    Exxon Mobil Corporation: Third Fourth Quarter Quarter Twelve Months 2018 2017 % 2018 % 2018 2017 % Earnings Summary (Dollars in millions, except per share data) Earnings (U.S. GAAP) 6,000 8,380 -28 6,240 -4 20,840 19,710 +6 U.S. Tax Reform 20 5,942 271 291 5,942 Asset Impairments (429 ) (1,294 ) (18 ) (489 ) (1,521 ) Earnings Excluding U.S. Tax Reform and Impairments 6,409 3,732 +72 5,987 +7 21,038 15,289 +38 Earnings

  7. ExxonMobil Streamlining Upstream Organization To Support Growth Plans

    Exxon Mobil Corporation said recently it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025.

  8. ExxonMobil Advancing Integrated Gas-For-Power Development In Vietnam

    ExxonMobil, with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation, said recenty that it is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam.

  9. ExxonMobil To Proceed With New Crude Unit As Part Of Beaumont Refinery Expansion

    ExxonMobil said recently that it has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000 barrels per day.

  10. Halliburton Appoints New Western Hemisphere President

    Halliburton Company is pleased to announce that Mark Richard, currently senior vice president of the Northern Region, has been promoted to succeed Jim Brown as president of the Western Hemisphere effective Feb. 1, 2019.