Gas industry
Senior executive appointments and changes have been reported across the global energy industry, reflecting shifting company priorities, retirements, and in-house promotions. These developments will likely impact operational decisions and influence the direction of various energy companies. Key Takeaways: * Sami Sharif, undersecretary of the Iraqi oil ministry, has been on sick
Petroleum industry
Iran's efforts to boost its gas production have gained significant momentum with the issuance of tender documents for the $2bn development of phases 9-12 of the South Pars gas field. The tender, handled by Pars Oil and Gas, a subsidiary of the National Iranian Oil Company (NIOC), marks
Petroleum
MYOB, an Australian financial management and accounting software company, has recently announced a significant milestone: shipping over 90,000 new software packages to retailers and resellers in June. This achievement not only exceeds the company's annual sales target for 2000 but also represents a substantial user base growth.
Petroleum
The futures market for oil showed a tempered increase in prices, despite analyst expectations of a significant boost in Opec crude production. Analysts point to "rumors" and "press leaks" that Opec will soon increase output, but these claims have been denied by official Opec spokespersons. The
Petroleum industry
The Brazilian government's sale of 180 million shares of Petrobras was met with overwhelming demand, raising a record-breaking $4.04 billion and leaving many analysts surprised by the outcome. The stock sale was one of the largest in Latin American history, with investors from Brazil and overseas clamoring
Gas industry
Thousands of PRNewswire photos are made available daily to news media through various channels, including NewsCom Online, AP Photo Archive, and the AP PhotoExpress Network. The PRNewswire Photo Desk provides information and assistance to subscribers and non-subscribers alike, with a large archive of photos available for download. A range of
Petroleum industry
The Russian government's efforts to restructure the interdepartmental commission on access to export pipelines (MVK) have sparked concerns about the potential for favoritism and patronage in the allocation of oil and gas exports. The MVK, a powerful body that has been in operation for over six years, plays
Gas industry
Alberta Energy Company, one of Canada's largest independent oil and gas companies, has selected SkillSoft Corporation to provide its employees with a comprehensive online e-learning program. The three-year agreement will see SkillSoft's soft skill courses, accessed via the internet, become an integral part of AEC'
Petroleum
R&B Falcon Corporation has announced that its subsidiaries, Reading & Bates Development Co. and R&B Falcon Subsea Development Inc., have concluded sales to Enterprise Oil of their Gulf of Mexico E&P properties. The deals, which have an effective date of July 1, 2000, involve
Petroleum
Enterprise Oil's acquisition of R&B Falcon Corp's interests in the US Gulf of Mexico enhances its portfolio and is a strategic step towards elevating the Gulf of Mexico to a core business area. The total cash consideration for the deal is $127.25 million,
Petroleum
A major legislative package addressing energy issues, including the Strategic Petroleum Reserve (SPR) and oil and gas drilling in the Arctic National Wildlife Refuge (ANWR), has been submitted to Senate Majority Leader Trent Lott. The package, developed by the energy task force led by Senator Frank Murkowski, aims to resolve
Petroleum
China's National Offshore Oil Corp (CNOOC) has successfully completed its first round of private offering, securing $210 million in funding from four leading institutional investors. This move will provide CNOOC Ltd, the subsidiary of CNOOC, with the necessary financial support to fulfill its development plan for 2000 and
