Monday, December 23, 2024

Occidental Petroleum Names Vicki A. Hollub Chief Executive Officer

HOUSTON–(BUSINESS WIRE)–Occidental Petroleum Corporation (NYSE: OXY) announced today that its Board of Directors has named Vicki A. Hollub the company’s President and Chief Executive Officer, completing the previously disclosed succession plan. Ms. Hollub succeeds Stephen I. Chazen, who stepped down as CEO following the company’s annual shareholder meeting. Ms. Hollub was elected to the Board of Directors in December 2015.

Commodities Lift Off Unsustainable Lows, but Pace Appears Overheated: Scotiabank

TORONTO, ON–(Marketwired – April 29, 2016) –  Scotiabank’s Commodity Price Index lifted off from a more than 12-year low in February, rallying 7.8% m/m in March. While the direction of this recent price activity is in line with Scotiabank Economics’ view, the frenetic pace of these rallies is aggressive based on our reading of the fundamentals. There is a risk of

U.S. Energy Consumption: Oil and Gas are Still King at 62% of the Market

Primary Energy Consumption by Source and Sector – 2014   This graphic from the EIA helps visualize some of the data leaking out of the agency’s massive knowledge vault. In their measure for total U.S. energy consumption in 2014, they use the graphic to help visually break it down by source and end use (sector). For example, it’s not a