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In a statement sent to Rigzone recently, Devon Energy Corp. announced that Brent J. Smolik has joined the company’s board of directors, effective October 1. Smolik is the former president and chief operating officer of Noble Energy and president, CEO, and chairman of the board of EP Energy Corporation, Devon highlighted in its statement. The company added that he has over 40 years of experience in the oil and gas industry, “holding senior executive roles at Noble Energy, Noble Midstream Partners LP, EP Energy Corporation, El Paso Corporation, ConocoPhillips, and Burlington Resources”, and pointed out that he has also served…
On the back of its multi-year licensing round launched in 2019, Angola is positioned to award 60 concessions by the end of 2025. Speaking at African Energy Week, Alcides Andrade, Executive Administrator at the National Oil, Gas & Biofuels Agency (ANPG), explained that the country has already reached its target of awarding 50 concessions through its annual licensing drive and direct negotiation program and is now pursuing additional licenses to drive production. “Since 2024, we have awarded more than 20 blocks. This has amounted to more than 50 blocks. We see the potential to award up to 60 concessions by…
Kathrin Ziegler/Getty Images 2025-10-03T14:30:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Indeed released its latest Labor Market Update, which took a look at junior versus senior roles in recent job postings. The big takeaway: Senior roles are more dominant in tech.Employers want specialized talent, and opportunities advertised specifically to beginners have been scarce lately.Some highlights below:In the…
Kazakhstan backs the OPEC+ group’s decision to reverse part of the production cuts, Kazakh President Kassym-Jomart Tokayev said on Friday. “The president has emphasized Kazakhstan’s support for the decision by OPEC+ to gradually increase oil production volumes, prioritizing the protection of national interests,” Tokayev’s press service said in a statement, after the president met with OPEC Secretary General Haitham Al Ghais. Non-OPEC producer Kazakhstan is part of the OPEC+ agreement, but it has been overproducing for years above its quota and hasn’t done enough to compensate for the overproduction yet. OPEC+ producers including Kazakhstan are meeting on October 5 to decide production levels…
A blaze broke out at Chevron Corp.’s El Segundo refinery in Los Angeles County, the latest threat to fuel supplies in a state that’s already bracing for shortfalls. Firefighters responded after multiple reports of an explosion at the El Segundo operation, south of Los Angeles airport, on Thursday evening local time. The fire was isolated and there were no injuries, a representative for Chevron said in a statement. All refinery personnel and contractors have been accounted for, the spokesperson said. Chevron also said there were no evacuations for nearby residents and emissions from the refinery haven’t exceeded permitted levels, based…
(Update) October 3, 2025, 8:45 PM GMT+1: Article updated. Chevron Corp.’s El Segundo refinery in Los Angeles County has extinguished a fire that broke out Thursday night and shut multiple units. Firefighters responded after reports of an explosion at the El Segundo plant, south of Los Angeles airport, on Thursday evening at about 9:30 p.m. local time. The fire has been extinguished, according to a company statement Friday. “The fire originated at a process unit at the southeast corner of the refinery,” said Becky Robinson, a spokesperson for the city of El Segundo. The blaze was isolated, and there were…
The global banking industry’s net zero target-setting group has announced it will shut down immediately, amid faltering climate commitments around the world.The Net Zero Banking Alliance (NZBA), which was rocked by a wave of departures after Donald Trump’s re-election, said its remaining members had “voted to transition from a member-based alliance and to establish its guidance as a framework”.“As a result of this decision, NZBA will cease operations immediately,” a spokesperson said.Sustainable investment campaigners offered mixed reactions to the move. Jeanne Martin, co-director of corporate engagement at the responsible investment group ShareAction, described it as “bitterly disappointing”.She said: “Senior bankers…
Industrial and electronic gas producer Inox Air Products (Inox AP) has started building a ₹500-crore electronic specialty gas hub at Dholera in Gujarat, said a top executive.The facility will look to cater to demand from the semiconductor manufacturing ecosystem being built around Tata Electronics in Dholera. Inox AP’s hub will produce and supply Ultra High Purity (UHP) bulk and specialty gases including nitrogen, oxygen, argon, and hydrogen, essential for advanced semiconductor fabrication. “We have been planning this facility for more than a year, and finally construction has begun,” Siddharth Jain, managing director, Inox Group told ET. “I am very hopeful…
ROME (AP) — More than 2 million people across Italy rallied in over 100 cities Friday for a one-day general strike to support the residents of Gaza and a humanitarian aid mission, Italy’s largest union said.Italian unions proclaimed the strike after the Global Sumud Flotilla that was trying to break Israel’s naval blockade to deliver aid to Gaza was intercepted by Israeli naval forces Wednesday night. Protests and demonstrations have sprung up all over Europe and globally since then, but they have been particularly strong in Italy.Italy’s conservative Prime Minister Giorgia Meloni had sharply criticized the strike. She anticipated it…
Sable Offshore Corp said it had filed a request before the California Office of the State Fire Marshal (OSFM) to restart the Las Flores Pipeline System, warning it would opt to divert oil flows outside the state if delays continue. The pipeline system is part of the Santa Ynez Unit (SYU) oil and gas production project, which has three production platforms in federal waters offshore Santa Barbara and a processing facility in Las Flores Canyon. SYU ceased flows 2015 after an oil spill that, according to the California Coastal Commission (CCC), released 123,000 gallons of oil and caused environmental damage…