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As part of a larger move to realign its corporate structure and top management team, Statoil has appointed its CFO, Torgrim Reitan (pictured), to the position of executive V.P. for Development & Production USA. Reitan replaces Bill Maloney, who decided not to extend his contract with Statoil. Taking over the CFO position is Jakob Hegge, who previously was senior V.P. for Operations North in Development & Production Norway. Amber Rudd has been appointed the UK’s Secretary of State for Energy and Climate Change, effective May 11, by re-elected Conservative Prime Minister David Cameron. Previously, from July 2014 to May 2015, she was the Parliamentary Under Secretary of State at the Department of Energy and Climate Change. Rudd was first elected as a Conservative MP for the Hastings & Rye constituency in May 2010.

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