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Commodities
Matthew V. Veazey

Rock Legends Support Energy Workforce Training

A legendary heavy-metal band is helping Houston-area students prepare for careers in oil and gas and other industries. The Metallica Scholars Initiative, created by the band’s nonprofit All Within My Hands Foundation (AWMH), and footwear and apparel firm Wolverine (NYSE: WWW) have donated $100,000 in

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Commodities
World Oil

Hunting introduces PowerSet Solo power charges

10/1/2020 HOUSTON – The Titan Division of Hunting Energy Services, a subsidiary of Hunting PLC, unveiled its line of PowerSet Solo power charges.   Power charges generate explosive gas to activate setting tools that plug zones in the well to isolate fluid flow. The new

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Commodities
Andreas Exarheas

Oasis Petroleum Files Chapter 11

Oasis Petroleum Inc. (NASDAQ: OAS) has revealed that it has filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. The company announced that it has entered into a restructuring support agreement

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Commodities
Andreas Exarheas

Seadrill Appoints New CEO

The board of Seadrill Limited (OSE: SDRL, OTCQX: SDRLF) announced Thursday the appointment of Stuart Jackson as the company’s new chief executive officer.  Jackson, who was previously Seadrill Limited’s chief financial officer, will succeed Anton Dibowitz with immediate effect, according to the company. Following Jackson’s

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Commodities
Andreas Exarheas

MPC Approves Job Cuts

Marathon Petroleum Corporation (NYSE: MPC) has approved an involuntary workforce reduction plan, the company has revealed in a new SEC filing. The plan, together with employee reductions resulting from MPC’s indefinite idling of its Martinez, California, and Gallup, New Mexico, refineries, affects approximately 2,050 staff

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