Archive for the ‘Oil & Gas Journal’ 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.
Lancaster oil shipments start off the UK
June 18th, 2019 by Latest News
Hurricane Energy PLC has sold the first cargo of crude oil from the early production system on Lancaster field in the West of Shetland area offshore the UK. Hurricane says Lancaster is the UK’s first producing basement field.
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…
Hyundai Chemical, a joint venture of Hyundai Oilbank and Lotte Chemical, has let a contract to W.R. Grace & Co. to provide technology licensing for a grassroots polypropylene unit at its Daesan petrochemical complex under construction in Chung…
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…
ADNOC, OCI form fertilizer joint venture
June 18th, 2019 by Latest News
Abu Dhabi National Oil Co. has entered a strategic partnership that will combine ADNOC Fertilizers into the Middle East and North Africa (MENA) nitrogen fertilizer business of OCI. The new joint venture “will become the largest export-focused nitrogen …