Chevron Names New Corporate Affairs VP To Navigate ‘Ever-Changing Landscape’
Chevron made several leadership changes on Dec. 10 including naming Dale Walsh as the company’s next vice president of corporate affairs and Navin Mahajan as vice president and treasurer.
Hess, ConocoPhillips Raise 2019 Oil And Gas Production Outlook
Hess said the lion's share of its 2019 capex will go towards oil and gas exploration in Guyana and the Bakken, while ConocoPhillips will spend most of its capex in Alaska and Canada.
Chevron Projects $20 Billion Spending Budget For 2019
San Ramon, Calif.-based Chevron said it plans to spend $3.6 billion to produce oil and gas in the Permian Basin of West Texas and New Mexico and $1.6 billion for other shale investments.
Headlines: All Eyes On Vienna, Oil Cut Agreement Waits On Russia
Plus, Mexico's new president takes a stance with oil majors, Berry Petroleum exits East Texas for California and Scotland-based Wood to build an NGL pipeline in West Texas.
Canada-To-US Oil Pipelines Restart After Weather Disruptions
Enbridge, TransCanada pipes carry a combined 1.8 million bbl/d.
Two Key Canada-To-US Oil Pipelines Hit By Disruptions
Weather-induced power outages hit Enbridge Mainline system and TransCanada’s Keystone pipeline.
Trump Urges Producers To Keep Oil Flowing Ahead Of OPEC Meeting
U.S. President Donald Trump on Dec. 5 called on OPEC and its allies not to cut oil production next year, saying it would trigger higher oil prices worldwide.
Nine Energy Service Promotes David Crombie To Serve As COO
David Crombie, who previously served as president of completion solutions and executive vice president, brings over two decades of experience to his latest role as COO at Nine Energy Service.
Insight: Headwinds To Slow Production Growth In 2019
Analysts forecast global oil production in fourth-quarter 2018 will increase by about 705,000 bbl/d.
Some Canadian Producers Push Back As Alberta Orders Oil Cuts
Several oil companies in Canada pushed back on Dec. 3 against Alberta's mandated cuts in crude production, warning about excessive government intervention even as the discount on Canadian crudes narrowed sharply on the curtailment plan.