June 7, 2018 archive

Devon Energy’s board of directors gets new member

A new member was elected to Devon Energy’s board of directors. Shareholders chose John Krenicki Jr. to the board during the company’s annual meeting this week. The shareholders also re-elected existing board members to one-year terms.  With Krenicki’s election, the board was expanded to 10 members of which eight are independent directors. Krenicki is a …

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Nearly 2,100 oil and gas rigs reported worldwide

  The latest figures show a drop in international rig activity, according to a report from Baker Hughes. The count for May 2018 was 967, a drop of 11 from the 978 reported in April.  But it is up 10 from the 957 reported in May of 2017. The international offshore rig count increased by …

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Pruitt’s Still supported by President Trump

While the ethics issues mount up for EPA Chief Scott Pruitt, they apparently aren’t worrying his boss, President Donald Trump. For the President praised Pruitt this week for the job he’s doing. “EPA is doing really, really well,” said the President at the headquarters of the Federal Emergency Management Agency. Pruitt was on hand when …

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