The CEO of Amber Energy Inc., the winning bidder of Citgo Petroleum for an auction price of $7.3 billion, resigned from Exxon Mobil Corp.’s board of directors last week.
An analyst said Talos Energy President and CEO Tim Duncan was forced out over share price performance, although other factors may have played a role.
Steve Gray, a member of Range Resources Corp.’s board of directors since 2018, will depart on Oct. 1.
Energy executive Paul Foster, who co-founded Permian E&P Franklin Mountain Energy in 2018, is stepping down as board chairman of the Electric Reliability Council of Texas (ERCOT).
Brazil’s President Luiz Inácio Lula da Silva has requested that Petrobras CEO Jean Paul Prates resign following a dispute over dividend payments.
BP said the organizational changes will reduce duplication and reporting line complexity.
Joining an EOG Resources predecessor in 1981, Helms is among the pre-1986-oil-bust generation who later found success in shale.
Dominic Macklon, who began his career with Conoco in 1991, is set to retire ConocoPhillips May 1.
SBM Offshore’s Bruno Chabas is stepping down as CEO; the board has appointed Øivind Tangen as his successor, effective in April.
As of Dec. 13, Looney will not receive further salary or benefits from BP.