Simmons named CEO of Templar Energy

Brian Simmons has been named chief executive officer of Templar Energpeopley LLC, Oklahoma City, succeeding David D. Le Norman, who is withdrawing as president and CEO but remaining chairman of the board. Source: News

DOI disputes report that next OCS leasing program has been sidelined

The US Department of the Interior disputed a Wall Street Journal report quoting Sec. David L. Bernhardt as saying development of the next US Outer Continental Shelf oil and gas leasing program has been delayed indefinitely because of a recent court decision in Alaska which blocks Arctic offshore drilling there. Source: News

Petrobras enters three asset-sale pacts

Petrobras has entered three agreements to sell pipeline and oil and gas producing interests in deals worth a total of $10.3 billion as part of a divestment program. Source: News

Chevron 1Q production up 7% worldwide as earnings dip

Chevron Corp. reported first-quarter earnings of $2.6 billion, down from $3.6 billion in first-quarter 2018 while its worldwide net oil-equivalent production was 3.04 million b/d in the quarter, an increase of 7% from 2.85 million b/d one year ago. Source: News

Canada toughens ocean protection standards

Canada’s government is toughening standards for offshore conservation in ways that can preclude oil and gas activity in some areas. Source: News