News Ticker

May 8, 2015

Oxy names Vicki A. Hollub as next CEO

May 8, 2015 // 0 Comments

HOUSTON — Occidental Petroleum Corp. announced Tuesday that its board of directors has approved a CEO succession plan and promoted Vicki A. Hollub to senior executive [...]

Iran Sees Oil At $80 By End Of 2016

May 8, 2015 // 0 Comments

Iran’s Deputy Oil Minister Roknoddin Javadi said Thursday that current oil prices at roughly $68/bbl are not sustainable and will increase to $80 by the end of next [...]

Where Oilfields Are Still Booming

May 8, 2015 // 0 Comments

The international rig count is only down about 10% year-over-year while the North America (NAM) rig count is down about 50% over the same period. While the international [...]

Over Complicating Safety

May 8, 2015 // 0 Comments

There is an engineering axiom that simply states- “The more complex the system, the higher the probability of failure.” Anyone who doubts the veracity of this statement [...]