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Residents want extraction at the field, which once supplied 10% of the EU’s gas needs, to be stopped altogether due to minor earthquakes that have damaged thousands of homes and buildings.
Business Briefs For July 13
The industry can take plenty of steps to help attract and retain the younger generation.
Energy companies have cut costs over the past few years due to a fall in oil prices. Ophir has faced further challenges in launching its Fortuna project in Equatorial Guinea—Africa’s first deepwater floating liquefaction facility.
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The search for a sustainable future will be aided by candid discussion among industry leaders on the challenges that remain.
The demonstrators, who identified themselves as members of the Alto Unuma indigenous community, occupied facilities at Water Disposal Plant 6 of the Rubiales Field and ordered operators to shut it down, Ecopetrol said in a statement.
Genel said June 28 it had appointed Esa Ikaheimonen, who recently worked at Transocean and Seadrill after spending about 20 years at Shell, to head its finance team.
Cenovus will replace CEO Brian Ferguson, who championed an unpopular purchase of western Canadian oil sands assets from ConocoPhillips, though it failed to name a successor.
Africa-focused oil company Tullow Oil Plc said it had appointed Les Wood as its finance head, after its CFO Ian Springett stepped down due to ill health.
Bolivian President Evo Morales said the government had dismissed the president of state oil company YPFB, citing an allegedly flawed $149 million contract to purchase drilling equipment.
Named to succeed Jac Nasser as BHP chairman from Sept. 1, MacKenzie's early challenge will be to deal with calls for a revamp at the world's biggest miner from activist shareholders.