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Mediterranean Oil & Gas provides litigation update
The Board notes the announcement from Leni Gas & Oil Plc ("LGO") this morning on the legal claim brought by it against MOG's subsidiary Malta Oil Pty Limited. As MOG had anticipated, LGO confirmed that it has decided not to petition the Court of Appeal aga ... East Europe
Nexen Energy ULC introduces Fang Zhi as new CEO
Following a 20-year career with Nexen, highlighted by overseeing the acquisition of the company by CNOOC Limited, Kevin Reinhart is departing from his role as Chief Executive Officer (CEO) of Nexen Energy ULC, a wholly-owned subsidiary of CNOOC Limited. "On behalf ... North America
Leni Gas & Oil decides not to petition Court of Appeal
Leni Gas & Oil announces that, after careful consideration, the Board has decided not to petition the Court of Appeal in its case brought in January 2013 against Mediterranean Oil and Gas plc. The Company will remain focused on its core oil production business in Trinid ... West Europe
Ecopetrol reports on decisions involving STAR project
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that members of the Business Committee of the Board of Directors of Ecopetrol and executives of Pacific Rubiales Energy met yesterday morning to review the status of the STAR technology pilot project in the Qui ... South America
CB&I reports 2014 first quarter results
CB&I (NYSE: CBI) reported adjusted net income for the first quarter of $94.4 million, or $0.87 per diluted share, excluding integration related costs of $8.1 million, or $0.05 per diluted share. First quarter GAAP net income was $89.0 million, or $0.82 per diluted share ... North America
Rowan provides fleet contract status update
Rowan Companies plc (NYSE: RDC) announced today that its monthly report of drilling rig status and contract information has been updated as of April 23, 2014. The report titled "Monthly Fleet Status Report" can be found on the Company's website at www.rowa ... North America