Trafigura Names Richard Holtum CEO
shareholders in the next few years.Former CFO Christophe Salmon, executive director Jose Maria Larocca, and COO Mike Wainwright announced their intention to retire this year.(Reuters - Reporting by Robert Harvey and Dmitry Zhdannikov, Julia Payne and Shubham Kalia; Editing by David Goodman and David Evans
Over 300 Companies Sign 'Neptune Declaration' to Ease Crew Change Crisis
, senior vice president of shipping at BP, said the “remote nature of their roles meant their contributions are often out of sight and out of mind”.“It is critical that the industry comes together to provide a collaborative response,” Ashley Howard at Rio Tinto added.(Editing by David Evans
Glencore Boss Glasenberg Steps Down, Nagle Named CEO
core earnings or EBITDA. The miner remains the world's largest coal exporter.Shares in Glencore jumped 3% to their highest since February, making them the strongest performer in an index of its London peers(Reporting by Zandi Shabalala, Helen Reid. Additional reporting by Julia Payne. Editing by David Evans/Louise Heavens/Jane Merriman
Shell's New Energies Boss Gainsborough to Step Down
will leave the company at the end of the year.Brinton, a Silicon Valley and utility industry veteran, joined Shell in 2018 and is currently vice president for strategy at the New Energies, according to her LinkedIn page.A Shell spokeswoman confirmed the moves. (Reporting by Ron Bousso; editing by David Evans
Hardy Takes Over as Vitol CEO
its staff between 2010 and 2016. Taylor has previously said there was no plan to turn Vitol into a public company but this year the firm will launch initial public offerings for two of its downstream joint-venture subsidiaries -- Vivo Energy and Varo Energy. (Editing by Susan Fenton and David Evans
Norwegian Unions Say 755 O&G Workers Could Strike
16-day strike among some of Norway's oil workers cut the country's output of crude by about 13 percent and its natural gas production by about 4 percent. (By Stine Jacobsen and Terje Solsvik; Additional reporting by Nerijus Adomaitis and Henrik Stolen; Editing by Louise Heavens, David Goodman and David Evans
Greek Cruise Operators Fret over Strikes Sparked by Port Sale
for passengers and that is why we ask the government to resolve the matter the soonest." The Greek government called on workers on Monday to stop strike action and help find a realistic and viable solution. (By Lefteris Karagiannopoulos; Editing by Angeliki Koutantou and David Evans
Eastern Libya Appoints New Chairman for its State Oil Firm
. Oil insiders say Thinni's new oil company had contacted prospective buyers via middlemen and firms in the Gulf region earlier this year but legal concerns over ownership of the oil, given the duel governments, prevented any deal. (Reporting by Ayman al-Warfalli; Writing by Ulf Laessing, editing by David Evans)
Staff to Strike at Vopak after Wage Talks Break Down
union. He said all loading and unloading of transport vehicles would stop at the terminal during the stoppage. Two unions, FNV Havens and CNV Vakmensen, are demanding jobs guarantees for staff at the company and a 3 percent pay hike. (Reporting By Thomas Escritt, editing by David Evans
Talisman Sinopec Energy UK to Cut 300 Jobs
Energy UK is a joint venture between Canada's Talisman Energy Inc and Addax Petroleum UK Limited, a wholly-owned subsidiary of China Petrochemical Corporation (Sinopec Group). The company has a total workforce of 3,000. (Reporting by Shivam Srivastava in Bengaluru, editing by David Evans
Drillsearch Appoints Simpson COO
for an additional very senior executive and are completely supportive of Walter’s appointment. He brings additional depth and expertise to the executive team and increases the Company’s capability to continue on its growth strategy.” Following Mr Simpson’s appointment, David Evans will revert from Acting Chief Operating Officer back to Chief Technical Officer, reporting to Mr Simpson. Duncan Lockhart, who had been acting in the Chief Technical Officer role, will take up a new position as General Manager – New Ventures, reporting to Chief Commercial Officer Peter Fox
"Soil Shift" Shuts Down Statoil Snorre B Platform
facility. Statoil has 33.3 percent stake in the production license. Its partners include state-owned Petoro with 30 percent, ExxonMobil with 17.4 percent, Idemitsu Petroleum with 9.6 percent, RWE with 8.6 percent and Core Energy with 1.1 percent. (Reporting by Nerijus Adomaitis, editing by David Evans)
Trans Atlantic Tanker Rates Higher
and W94.25 or $11,479 last Monday. Brokers said the LR2 market remained support. "Tonnage is tight," broker E.A. Gibson said. Average earnings per day are calculated after a vessel covers its voyage costs such as bunker fuel and port fees. (Reporting by Jonathan Saul, editing by David Evans)
Offshore O&G: Cuts, Delays in Norway as Costs Soar
, you stop two things: exploration and increased oil recovery projects." Developments in the Barents Sea in Norway's Arctic could also be at risk because they tend to be much further from shore than fields in the North Sea and the area lacks infrastructure. (By Balazs Koranyi, Editing by David Evans
