Energy XXI Gulf Coast Inc. (NASDAQ: EXXI) said Feb. 28 that its common stock will begin trading on NASDAQ under the ticker “EXXI” and cease trading under the ticker “EGXG” on the OTC Market.
Swift Energy Co.’s board of directors appointed Sean Woolverton as CEO of the Company effective March 1. He will also serve as a member of the board.
OPEC-led oil production cuts have been well supported by all participating countries despite some teething troubles for non-OPEC members, Mohammed Barkindo said.
But while OPEC's Nov. 30 agreement to reduce production prompted oil prices to rise $10 a barrel, they have been trading in a narrow $3 range in recent weeks.
Reservoir science software and services provider Ikon Science appointed Mark Bashforth as its new CEO and as a board member, according to a Feb. 27 press release.
The company is settling with New York City Employees Retirement System, Transamerica Income Shares, Internationale Kapitalanlagegesellschaft mbH and Lord Abbett Investment Trust, Reuters reported.
Russian Energy Minister Alexander Novak confirmed earlier reports that OPEC and non-OPEC combined production cuts for January stood at 86% of initial targets, described by the International Energy Agency as "one of the deepest" in history, Reuters said.
Valve-control systems maker Rotork Plc posted an 8% rise in full-year revenue and said it would benefit from U.S. President Donald Trump's move to encourage shale and pipeline activity and investment in infrastructure.
Oklahoma's oil and gas regulator on Feb. 24 issued a wider directive limiting future increases in wastewater disposal underground in another effort to address temblors in the state.
As part of the agreement, the company is selling its 100%-owned affiliate Total Participations Petrolières Gabon, which holds interests in 10 fields.
Oil prices rose Feb. 27 as investors showed record confidence in prices rising further, though gains were capped by the prospect of faster growth in U.S. oil production.
Pruitt mentioned three rules that could meet the chopping block early on: the Waters of the U.S. rule; the Clean Power Plan; and the U.S. Methane rule.