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Vicki Hollub: Leading Occidental and Shaping the Future of American Energy

Oil Gas Leads

Today, Occidental’s transformation is undeniable: Domestic oil production grew from 650,000 barrels per day (bpd) in 2015 to over 1.4 crude oil production hit 13.2 million bpd in 2024 , according to company filings. 84% of Occidental’s output is now from U.S. operations, reducing geopolitical risk.

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Analysis-Sliding US rig count outpaces efficiency gains, threatening onshore oil output

Oil & Gas 360º

shale revolution, propelling the country to the top spot in the league of global oil producers. million bpd this month, more than triple what it produced a decade ago in August 2015, according to the EIA. Closing Bell Story‎ Commodities Crude Oil United States onshore oil output productivity U.S. rig count

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BofA: The Saudis are readying for a long oil price war

Oil & Gas 360º

shale producers successfully weathered the 2015 oil price war by rapidly reorganizing into a meaner and leaner production machine that could breakeven at WTI price of as low as $35 per barrel, down from $70 per barrel just a few years earlier.

Oil
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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360º

The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil. The huge resources discovered offshore Guyana since 2015 have made the country one of the newest crude oil exporters.

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30% of Ghana’s crude oil consumption purchased through Gold for oil programme – Lands Minister

Reporting Oil and Gas

Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. He clarified that the Clerk of Parliament’s official residence, alleged to have been sold in 2019, was actually sold in 2015.

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BP Chair to step down amid Elliott campaign for changes

Oil & Gas 360º

Before that, he was president and CEO at Equinor (then Statoil) between 2004 and 2014, and chief executive of BG Group from 2015 to 2016, when it merged with Shell. Now is the right time to start the process to find my successor and enable an orderly and seamless handover. Norwegian national Lund became BP chair in 2019.

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Proposed Railroad Rules May Impact Crude Oil Producers: Proposed DOT/PHMSA Oil Tank Car Rules

The Energy Law

Notice of Proposed Rulemaking According to Transportation Secretary Anthony Foxx, the “Bakken crude oil is on the high end of volatility compared to other crude oils,…[and] its production is skyrocketing, up from 9,500 rail car loads in 2008 to 415,000 last year, a more than 4,000 percent increase.” See 79 Fed.