WorldOil ABS appoints new CTO ABS has appointed Howard Fireman to the position of Senior V.P. and Chief Technology Officer (CTO) in a move that strengthens alignment and generates further synergies across all of ABS' technical programs. Easy cash for oil industry to prolong slump, Occidental CEO says Easy cash for oil explorers will prolong the supply glut that has slashed prices and profits by buoying companies that otherwise would shrink or die, said Occidental Petroleum CEO Stephen Chazen. BP readies defenses as oil industry responds to Shell’s BG raid As the oil industry takes stock of Royal Dutch Shell’s $70 billion move for BG Group, one company has more to chew on than most. IHS CERA Week 2015: "Time to lift sanctions against crude oil exports" HOUSTON -- On the opening day of IHS CERAWeek, Sen. Lisa Murkowski (R-Alaska), Chairman of the U.S. Senate Energy and Natural Resources Committee, told attendees at the annual energy conference that “now is the prime time to make lasting improvements” in U.S. Energy Policy. Atwood Osprey’s contract shortened by one year AGR awarded frame agreement with DEA Global oil and gas service company AGR has announced the award of a well engineering and operational support services contract with DEA Norge. Exxon and employees donate $10 million to Texas colleges, universities Exxon Mobil and its employees are donating $10 million to higher education institutions across Texas as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program. Halliburton beats estimates, boosts job cuts after oil crash Halliburton Co. beat analysts’ estimates and accelerated the pace of job cuts ahead of a planned $34.6-billion takeover of Baker Hughes Inc. Eni doubles output in Egypt’s Western Desert Eni has reached a record level of production—70,000 bopd—in Egypt's Western Desert, doubling its output in the area in just three years. The increase was mainly achieved thanks to the Melehia development lease, located 290 km west of Alexandria. Operators, governments commit to end routine gas flaring Chief executives from major oil companies joined together with senior government officials from several oil-producing countries on Sunday to commit, for the first time, to ending the practice of routine gas flaring at oil production sites by 2030 at the latest. BG acquisition kick starts fulcrum year for mega gas: DW Monday 2015 may well be remembered as the year when natural gas truly announced itself as the major energy fuel source, according to Douglas-Westwood’s DW Monday.