Simon G. Kukes, who took over PEDEVCO in 2018, said the company has since worked toward entering joint development agreements in the Permian and Denver-Julesburg basins.
Devon Energy President and CEO Rick Muncrief, who has led Devon during past four years, will retire March 1. The board named COO Clay Gaspar as his successor.
Exxon Mobil’s board has appointed Dan L. Ammann, currently Exxon’s low carbon solutions president, to assume Liam M. Mallon’s roles.
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.