Archive for the ‘General Interest’ Category
Christian elected chairman of Texas RRC
June 18th, 2019 by Latest News
Commissioner Wayne Christian was unanimously elected chairman of the Texas Railroad Commission.
Anadarko sanctions Mozambique LNG project
June 18th, 2019 by Latest News
Anadarko Petroleum has formally sanctioned its Mozambican LNG project, Mozambique LNG. Anadarko is developing Mozambique’s first onshore LNG facility, initially consisting of two LNG trains with a total nameplate capacity of 12.88 million tonnes/year. …
A federal court’s March decision that vacated the US Office of Natural Resources Revenue’s repeal of its consolidated federal oil and gas and federal and Indian oil and gas effectively reinstated the 2016 requirements, ONRR advised federal leaseholders…
PTTEP agrees to acquire Partex Holdings
June 18th, 2019 by Latest News
PTT Exploration & Production Co. has signed an agreement to acquire 100% of Partex Holding from the Calouste Gulbenkian Foundation of Portugal for as much as $622 million. The deal, expected to close by yearend, will boost the Thai company’s net-in…
ConocoPhillips to acquire Nuna discovery acreage
June 18th, 2019 by Latest News
ConocoPhillips Alaska reported it will acquire 11 tracts covering 21,000 acres in the western Alaska North Slope, which includes the 2012 Nuna oil discovery, from Caelus Natural Resources Alaska. Nuna lies east of the Colville River and 5 miles southwe…
Roberts named Stakeholder Midstream COO
June 18th, 2019 by Latest News
Josh J. Roberts has been promoted to chief operating officer of Stakeholder Midstream. Roberts is responsible for the management and oversight of Stakeholder’s engineering and operations functions. Since joining Stakeholder in 2015, Roberts has been re…
Lime Rock to buy certain Oklahoma assets from BP
June 18th, 2019 by Latest News
Lime Rock Resources has agreed to acquire from BP America Production certain oil and natural gas properties in Cleveland and McClain counties, Okla. The properties lie 50 miles east of Lime Rock’s existing Norge unit operations that it acquired in…
MARKET: Brent crude falls more than $1/bbl
June 18th, 2019 by Latest News
Brent oil prices fell on the London market by more than $1/bbl for August and September delivery while light, sweet crude oil in New York for July delivery settled under $52/bbl on concerns of the possibility of oil shipment disruptions through the Mid…
ONGC moves 35 rigs ahead of monsoon season
June 17th, 2019 by Latest News
India’s Oil & Natural Gas Corp. Ltd. reported moving a record-high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season. Aqualis Offshore said it assisted with many of the moves.
The Delaware River Basin Commission (DRBC) unanimously approved construction of a second dock and associated storage that would add LNG and other energy products to the proposed Gibbstown Logistics Center in southern New Jersey. The commission’s June 1…