SandRidge Energy Executive Vice President and Chief Financial Officer Salah Gamoudi is leaving the company. He notified the board of directors of his resignation to be effective September 27 “to pursue other opportunities,” according to a company announcement. “Mr. Gamoudi is not resigning from the Company as a result of any disagreement with the Company …
ONEOK’s preparing for possible shareholder approval of its nearly $19 billion merger with Magellan Midstream Partners by announcing some executive officer changes. Kevin L. Burdick will become Executive Vice President, Chief Enterprise Services Officer and Sheridan C. Swords will become Executive Vice President, Liquids and Gathering & Processing. Each will report directly to Pierce …
Tulsa’s Vital Energy Inc. just increased the scale of its operations in the Permian Basin with three separate acquisitions totaling thousands of acres in a deal worth $1.165 billion. The acquisitions were in the Midland and Delaware basins and involved Vital Energy’s purchase from Henry Resources, LLC, Maple Energy Holdings, LLC and Tall City …
The Biden administration’s plan to possibly sell more oil from the nation’s Strategic Petroleum Reserve not only is questioned by some lawmakers but by a man considered to be a market guru—Larry McDonald. He contends the U.S. is “playing with fire” and said so after reports surfaced this week that the President is considering …
** United Auto Workers President Shawn Fain said Wednesday that offers from the companies aren’t enough and the union is getting ready to strike. In an online address to union members, Fain said General Motors, Ford and Stellantis have raised their initial wage offers, but have rejected some of the union’s other demands. ** Top White …
