Americas

Americas

Oil and gas industry works to increase awareness of human trafficking

14/01/2020

Ataria Malveaux was 18, just out of high school, when she fled a chaotic family life in Houston for the promise of making quick money in Dallas. She soon discovered her would-be employer was a pimp; only the help of another woman allowed her to escape forced prostitution.

Africa

Offshore seismic on the up

06/01/2020

Confidence continues to return for offshore work, with offshore seismic companies reporting improved performance from contract work, while multi-client continues to lag.

Americas

Oxy shores up board with former Schlumberger CEO

03/01/2020

Occidental Petroleum added to its board of directors Thursday with the appointment of a former chief executive of Schlumberger as Oxy aims to instill more confidence with shareholders after risking its future to buy Anadarko Petroleum for $38 billion last year.

Americas

Exxon wins US suit over $2m Ukraine-sanctions fine

02/01/2020

Exxon Mobil Corp. won a lawsuit challenging a $2 million fine levied against it by U.S. Treasury Secretary Steven Mnuchin after the company allegedly violated Ukraine-related sanctions with a series oil and gas deals in Russia.

Americas

McDermott stock plummets amid rumoured bankruptcy talks

31/12/2019

Rumours that Houston oilfield service company McDermott International is engaged in bankruptcy talks with lenders sent the company's stock price plummeting by as much as two-thirds of its value after the close of market on Monday.

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