Latest News

Swift Energy to sell Lake Washington field to focus on Eagle Ford

Swift Energy Company has entered into a purchase and sale agreement to sell its Lake Washington field in south-east Louisiana....

Swift Energy to sell Lake Washington field to focus on Eagle Ford

Tethys Oil announces new boundaries for Block 3 licence area in onshore Oman

Swedish oil company Tethys Oil, along with its joint venture partners Mitsui E&P Middle East and CC Energy Development (Oman branch), have agreed to the new boundaries for the Block 3 licence...

Tethys Oil announces new boundaries for Block 3 licence area in onshore Oman

Castleton acquires Anadarko's East Texas Assets

US based Castleton Commodities International (CCI) has acquired the Carthage upstream and midstream assets in East Texas from Anadarko Petroleum subsidaries for more than...

Castleton acquires Anadarko's East Texas Assets

Archrock Partners acquires Archrock's compression assets

Natural gas contract compression services provider Archrock Partners has completed the acquisition of compression assets from...

Archrock Partners acquires Archrock's compression assets

BP Whiting Refinery plans to lay off up to 80 employees

The BP Whiting Refinery located in north-west Indiana is planning to lay off up to 80 employees amidst the deteriorating global oil...

BP Whiting Refinery plans to lay off up to 80 employees

Petroleum Development Oman implements Intergraph solutions to enhance engineering information management

Exploration and production company Petroleum Development Oman (PDO) has implemented Intergraph Smart Data Validator and Intergraph SmartPlant Enterprise for Owner Operators to enhance...

Petroleum Development Oman implements Intergraph solutions to enhance engineering information management

San Leon Energy sells Polish onshore assets to Palomar Natural Resources

Ireland-based oil and gas company San Leon Energy has signed and completed sales agreements with Palomar Natural Resources for its interests in two Polish onshore assets located in the Rawicz...

San Leon Energy sells Polish onshore assets to Palomar Natural Resources

Frontera wins bid for hydrocarbon exploration and development in Moldova

Houston-based oil and gas company Frontera Resources Corporation has announced that its wholly owned subsidiary Frontera Resources International won the bidding for exploration and production...

Frontera wins bid for hydrocarbon exploration and development in Moldova

Deals this week: TransCanada, Enbridge, HollyFrontier

TransCanada Corporation has announced the upsizing of a public issue of 40 million series 15 cumulative redeemable preference shares, at a price of $18.46 a...

Deals this week: TransCanada, Enbridge, HollyFrontier

Report: Production from Western Libya Gas Project to increase by 80% following completion of upgrades

The second phase development of the Bahr Essalam field, a part of the Western Libya Gas Project, is scheduled to begin in 2018, according to a report by...

Report: Production from Western Libya Gas Project to increase by 80% following completion of upgrades

M&As this week: CONE Midstream Partners, DCC Energy, Rubicon Oilfield International

CONE Midstream Partners has acquired the remaining 25% interest in CONE Midstream DevCo I (Anchor Systems) from CONE...

M&As this week: CONE Midstream Partners, DCC Energy, Rubicon Oilfield International

Santos signs farm-in agreement for 20% interest in PPL 402 of Papua New Guinea

Santos signs farm-in agreement for 20% interest in PPL 402 of Papua New Guinea

Hindustan Petroleum to own 25% stake in proposed $30bn oil refinery in India

India's state-owned oil and natural gas company Hindustan Petroleum is planning to acquire a 25% stake in the proposed oil refinery to be built in the country's western coast....

Hindustan Petroleum to own 25% stake in proposed $30bn oil refinery in India

DNV GL introduces new tool to facilitate LNG fuel adoption

DNV GL has developed a new online tool called PKI Methane Number Calculator that is effective to match fuel quality with the engine...

DNV GL introduces new tool to facilitate LNG fuel adoption

Drillinginfo acquires Ponderosa Energy’s product lines and services

Oil and gas analytics company Drillinginfo has announced its acquisition of the assets, product lines and related services associated with Ponderosa Energy, a division of Ponderosa Advisors....

Drillinginfo acquires Ponderosa Energy’s product lines and services

Ocean LNG signs sale and purchase agreement with Brazilian firm CELSE

Qatar Petroleum affiliate Ocean LNG has signed a long-term LNG sale and purchase agreement with Brazil-based company CELSE-Centrais Elétricas de...

Ocean LNG signs sale and purchase agreement with Brazilian firm CELSE

Vallourec closes majority stake acquisition in Anhui Tianda Oil Pipe Company

Vallourec has completed its acquisition-of-majority stake (50.61%) in China-based Anhui Tianda Oil Pipe Company....

Vallourec closes majority stake acquisition in Anhui Tianda Oil Pipe Company

SoCalGas completes demonstration testing of new gas detection sensors

Southern California Gas Company (SoCalGas) has completed its demonstration testing of new gas detection sensors that utilise its Advanced Meter communication...

SoCalGas completes demonstration testing of new gas detection sensors

Australia’s Central Petroleum rejects Macquarie’s $57m offer

Australian onshore oil and gas company Central Petroleum has rejected a takeover proposal from its main financier, Macquarie...

Australia’s Central Petroleum rejects Macquarie’s $57m offer

Bam International and Iconsa joint venture secures contract to develop LNG terminal in Panama

The joint venture between Bam International, Royal Bam Group’s operating company outside Europe, and marine construction company Iconsa has received a contract to design and construct an LNG...

Bam International and Iconsa joint venture secures contract to develop LNG terminal in Panama

Kuwait Petroleum signs MoU with Oman Oil Company to invest in Duqm Refinery and Petrochemical Complex

Oman Oil Company (OOC) and Kuwait Petroleum Corporation’s international subsidiary Kuwait Petroleum International (KPI) have signed a memorandum of understanding (MoU) to cooperate in...

Kuwait Petroleum signs MoU with Oman Oil Company to invest in Duqm Refinery and Petrochemical Complex