The company also announced other changes to its executive management team.

Occidental Petroleum Corporation announced the election of former Schlumberger Ltd. CEO Andrew Gould to its board of directors.

Cyprus President Nicos Anastasiades, Greek Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu attended the signing ceremony for the accord to construct the Eastern Mediterranean natural gas pipeline.

Tullow exec says oil discovery has positive implications for Kanuku and Orinduik blocks, though.

OPEC's output declined last month as several Persian Gulf producers stepped up their implementation of cutbacks aimed at balancing global oil markets.

Cyprus President Nicos Anastasiades, Greek Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu will sign an accord for the construction of the Eastern Mediterranean natural gas pipeline.

Exxon won a lawsuit challenging a $2 million fine levied against it by U.S. Treasury Secretary Steven Mnuchin after the company allegedly violated Ukraine-related sanctions.

Rigzone spotlights the most frequently posted skills for all jobs on our website in 2019.

Three letters should command much of the downstream sector's attention this year.

Rigzone speaks to several North Sea players about their recruitment plans for 2020.

WTI and Brent crude oil prices finished lower on New Year’s Eve.

Valaris states the payment concludes a drillship dispute tied to a 2007 Pride International contract with SHI.

McDermott International Inc. shares fell for a second day after reports that the company is negotiating with lenders ahead of a bankruptcy filing that could come within weeks.

A trio of E&P companies have begun natural gas production from the Leviathan field located offshore Israel.

European gas and power prices extended declines after a last-gasp accord between Russia and Ukraine on natural gas flows averted a winter supply crisis.

Five Greeks, two Filipinos and a Ukrainian were abducted by unidentified assailants from the Greek-flagged tanker 'Happy Lady'.

Petrofac has secured a new contract, and an additional scope of work, with Petroleum Development Oman.

Castleton Resources has acquired the East Texas and North Louisiana Haynesville shale assets of Shell's subsidiary, BG US Production Company.

Here are some of the stories that stood out for the Rigzone editors this year.

Through the prism of six adjectives, here is a look back at the downstream in 2019.