IT Strategy - Turning Trends into Long-term Value By Cynthia Johnson, VP & CIO, California Resources Corporation -
Everyone’s talking about the technological trends these days. The latest outreach from a major computer systems.
More than 100 oil and gas companies filed for bankruptcy in 2020, most in five years lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.
After Ventura County supervisors passed several new measures meant to mitigate harms caused by oil and gas operations, an overlapping network of fossil fuel interests sued to stop them from going into effect, Capital & Main has learned.
At least one of the suits, filed by a nonprofit trade association representing local business interests, may present conflicts of interest among its board members, who are also tied to other lawsuits.
Additionally, the largest oil company operating in the county, together with California’s largest trade association for oil companies, launched an in-person petition drive to collect tens of thousands of signatures amid spiking COVID-19 hospital visits in order to overturn new regulations on future oil extraction covered by permits issued to drillers decades ago.
Brooks intends to maintain his role as board chair following the selection of a new CEO.
In addition, Samantha Holroyd, the chair of Oasis’ nominating, environmental, social and governance committee, has been named as lead independent director during the period that Brooks is both the board chair and CEO.
Oasis is one of the top producers in the Williston Basin and primarily focuses on the Middle Bakken and Three Forks formations. Meanwhile, the company entered the Delaware Basin in December 2017 with the acquisition of Forge Energy LLC. Oasis currently focuses on the development of the oil-rich Bone Springs and Wolfcamp formations in the Delaware Basin.