Oil companies

Chevron Phillips Chemical’s Amanda Baca earns 2021 STEP Ahead award

Retrieved on: 
Monday, July 19, 2021
Chemicals, Plastics, Energy, Manufacturing, Oil, Gas, Oil companies, Companies, Phillips 66, Regions of the United States, Chevron Corporation, Bartlesville, Oklahoma, Chevron Phillips Chemical, Phillips, Chevron, The Woodlands, Texas, Old Ocean, Texas, Sweeny

Chevron Phillips Chemical announced today that Operations Superintendent Amanda Baca at the Sweeny/Old Ocean Facilities is among the 130 national recipients of the prestigious 2021 STEP Ahead awards by the National Association of Manufacturers (NAM) Manufacturing Institute.

Key Points: 
  • Chevron Phillips Chemical announced today that Operations Superintendent Amanda Baca at the Sweeny/Old Ocean Facilities is among the 130 national recipients of the prestigious 2021 STEP Ahead awards by the National Association of Manufacturers (NAM) Manufacturing Institute.
  • View the full release here: https://www.businesswire.com/news/home/20210719005146/en/
    Amanda Baca, operations superintendent, Chevron Phillips Chemical's Sweeny/Old Ocean Facilities, Texas.
  • Chevron Phillips Chemical is equally owned indirectly by Chevron Corporation U.S.A. Inc. and Phillips 66 Company, and is headquartered in The Woodlands, Texas.
  • Chevron Phillips Chemical or CPChem may refer to one or more Chevron Phillips Chemical's subsidiaries or affiliates or to all of them taken as a whole.

CrossAmerica Partners to Announce Second Quarter 2021 Earnings Results on August 9

Retrieved on: 
Friday, July 16, 2021
Companies, Oil companies, Economy of the United States, American brands, Rockefeller family, Standard Oil, Alimentation Couche-Tard, Climate change denial, ExxonMobil, Sunoco, Exxon, BP

ALLENTOWN, PA, July 16, 2021 CrossAmerica Partners LP (NYSE: CAPL) today announced that it will release its second quarter 2021 results after the market closes on Monday, August 9, 2021.

Key Points: 
  • ALLENTOWN, PA, July 16, 2021 CrossAmerica Partners LP (NYSE: CAPL) today announced that it will release its second quarter 2021 results after the market closes on Monday, August 9, 2021.
  • In conjunction with the news release, management will host a conference call on Tuesday, August 10, at 9:00 a.m. Eastern Time.
  • With a geographic footprint covering 34 states, the Partnership has well-established relationships with several major oil brands, including ExxonMobil, BP, Shell, Chevron, Sunoco, Valero, Gulf, Citgo, Marathon and Phillips 66.
  • CrossAmerica Partners ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and in the top 10 for additional brands.

Valero Energy Corporation Declares Regular Cash Dividend on Common Stock

Retrieved on: 
Thursday, July 15, 2021
Other Retail, Oil, Gas, Other Natural Resources, Mining, Minerals, Alternative energy, Energy, General Automotive, Automotive, Natural Resources, Other Transport, Retail, Transport, Valero Energy, Retailers, Oil companies, Dividend, Valero, Circle K, Retailing

The Board of Directors of Valero Energy Corporation (NYSE: VLO, Valero) has declared a regular quarterly cash dividend on common stock of $0.98 per share.

Key Points: 
  • The Board of Directors of Valero Energy Corporation (NYSE: VLO, Valero) has declared a regular quarterly cash dividend on common stock of $0.98 per share.
  • The dividend is payable on September 2, 2021, to holders of record at the close of business on August 5, 2021.
  • Valero Energy Corporation, through its subsidiaries (collectively, Valero), is an international manufacturer and marketer of transportation fuels and petrochemical products.
  • Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America.

Callon Petroleum Company Schedules Second Quarter 2021 Conference Call for August 4th, 2021

Retrieved on: 
Thursday, July 15, 2021
Oil companies, Oil and gas companies, Petroleum industry

Select "News and Events" under the "Investors" section of the website.

Key Points: 
  • Select "News and Events" under the "Investors" section of the website.
  • An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website.
  • The Company plans to release second quarter 2021 results after market close on Tuesday, August 3rd, 2021.
  • Callon Petroleum is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.

Aker BP Implements DecisionSpace® 365 for Digital Well Planning and Design

Retrieved on: 
Tuesday, July 13, 2021
Data management, Technology, Construction & Property, Other Energy, Other Technology, Oil, Gas, Software, Internet, Energy, Other Construction & Property, Electronic design automation, Oil companies, Cloud infrastructure, Cloud computing, BP, Companies, Aker, Digital twin

Aker BP is leveraging Digital Well Program, a DecisionSpace 365 cloud application, built on an open architecture to provide integrated well planning and design to increase collaboration and connectivity across drilling activities.

Key Points: 
  • Aker BP is leveraging Digital Well Program, a DecisionSpace 365 cloud application, built on an open architecture to provide integrated well planning and design to increase collaboration and connectivity across drilling activities.
  • It enables well planning and design to become a live process where field development scenarios are continuously updated and compared to a digital twin to deliver safe, cost-effective, and productive wells.
  • At Aker BP Drilling and Wells, our ambition is to be first or best.
  • Consistent with Halliburtons digital strategy, our secure cloud environment, machine learning algorithms, and data science expertise will help Aker BP maximize their asset value.

Bristow Group Announces Contract Extensions with Equinor, Shell and Neptune in Norway

Retrieved on: 
Monday, July 12, 2021
Companies, Oil companies, Equinor, Ministry of Petroleum and Energy, Norsk Hydro, Bristow Helicopters, Royal Dutch Shell, Neptune

HOUSTON, July 12, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) today announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support its air transportation crew change services for their operations in the Norwegian continental shelf.

Key Points: 
  • HOUSTON, July 12, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) today announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support its air transportation crew change services for their operations in the Norwegian continental shelf.
  • The strong partnership with Neptune and Shell has been ongoing since May 2017.
  • Bristow's current contracts with the three companies expire on April 30, 2022.All contract extensions include two one-year options to further extend the contracts from 2024.
  • Equinor, Shell and Neptune Energy collaborate on flights from the Flor base, and Shell and Neptune have decided to also extend their contracts with Bristow in line with Equinor's contract award.

Brooge Energy Ltd. Announces the Signing of Agreement with Oil Trader for One of the First Refineries in the Region to Produce IMO Compliant Very Low Sulphur Fuel Oil

Retrieved on: 
Friday, July 9, 2021
Oil companies, Companies, BP, Fuel oil, Indian Oil Corporation, India–Romania relations

BPGIC will sublease land to the oil trading company, which will be responsible for constructing the refinery including bearing the full cost of construction.

Key Points: 
  • BPGIC will sublease land to the oil trading company, which will be responsible for constructing the refinery including bearing the full cost of construction.
  • When construction is complete, BPGIC will be responsible for operating the refinery, earning revenue from tolling fees on a take-or-pay basis.
  • Nicolaas L. Paardenkooper, CEO of Brooge Energy and BPGIC, said, The modular refinery will be focused on producing Very Low Sulphur Fuel Oil (VLSFO) and will be fully compliant with the new IMO 2020 very low sulphur rule.
  • Brooge Energy does not undertake any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Valaris Announces Floater Contract Award

Retrieved on: 
Tuesday, July 6, 2021
Oil, Gas, Energy, Offshore engineering, Petroleum production, Petroleum industry, Drillship, Oil companies, Offshore drilling, Energy industry, Semi-submersible, Offshore, BP, Valaris plc

Valaris Limited (NYSE: VAL) announced today that it has been awarded a four-well contract with BP offshore Mauritania and Senegal for drillship, VALARIS DS-12.

Key Points: 
  • Valaris Limited (NYSE: VAL) announced today that it has been awarded a four-well contract with BP offshore Mauritania and Senegal for drillship, VALARIS DS-12.
  • The contract is expected to commence in the first quarter of 2022 with an estimated duration of 285 days.
  • Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.

$24M Cash Settlement Finalized for Royalty Owners in Talisman Energy USA Class Action Lawsuit

Retrieved on: 
Tuesday, July 6, 2021
Companies, Talisman Energy, Games, Oil companies, Repsol, Equinor, Talisman

Judge Ellison approved the settlement in May during a fairness hearing, confirming a 100 percent payout to class members and $9 million in attorney fees.

Key Points: 
  • Judge Ellison approved the settlement in May during a fairness hearing, confirming a 100 percent payout to class members and $9 million in attorney fees.
  • The hearing was the final step in a settlement process with Repsol Oil and Gas USA, LLC(formerly Talisman Energy USA), for claims that the company improperly allocated production volumes and underpaid owners for wells operated in the Eagle Ford Shale basin in South Texas.
  • Royalty owners immediately noticed a significant difference in reported production volumes from Talisman compared to Statoil.
  • v. Talisman Energy USA INC., Class Action No.

Advisory: Chevron Corporation’s 2Q 2021 Earnings Conference Call and Webcast

Retrieved on: 
Thursday, July 1, 2021
Oil, Gas, Energy, Energy, Chevron Corporation, Corporate crime, Oil companies, Petroleum products, Companies, CVX, Energy industry, Lubricant

Chevron Corporation (NYSE: CVX), one of the worlds leading energy companies, will hold its quarterly earnings conference call on Friday, July 30, 2021 at 11:00 a.m.

Key Points: 
  • Chevron Corporation (NYSE: CVX), one of the worlds leading energy companies, will hold its quarterly earnings conference call on Friday, July 30, 2021 at 11:00 a.m.
  • Jay Johnson Executive Vice President, Upstream
    Roderick Green General Manager, Investor Relations
    To access the live webcast, visit www.chevron.com .
  • Chevron is one of the worlds leading integrated energy companies.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.