10 June 2014
American Energy to acquire shale assets in major US basins
American Energy Partners will acquire shale oil and gas assets in Texas, Ohio and West Virginia for $4.25bn.
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10 June 2014
Recoverable oil found at Horizon Energy’s Cherokee site
Horizon Energy said that testing has confirmed the presence of recoverable oil at its Cherokee site in Texas, US.
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9 June 2014
NGL Energy to acquire Morgan Stanley TransMontaigne stake
NGL Energy Partners has agreed to acquire Morgan Stanley’s ownership stake in US-based oil storage firm TransMontaigne for $200m.
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9 June 2014
Bulgaria stops work on South Stream natural gas pipeline project
The Bulgarian Government has stopped work on the Russian-backed South Stream natural gas pipeline following pressure from the European Union.
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8 June 2014
BridgeTex Pipeline to start initial commissioning process
Magellan Midstream Partners and Occidental Petroleum are planning to start limited commercial operations on the BridgeTex Pipeline in Texas.
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8 June 2014
Patterson-UTI to buy East Texas pressure pumping operations
Patterson-UTI Energy has signed an agreement to acquire 31,500 horsepower of hydraulic fracturing equipment in East Texas.
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5 June 2014
CB&I wins Canadian LNG FEED contract
Pieridae Energy (Canada) has awarded a front-end engineering and design (FEED) contract to CB&I for its proposed Goldboro LNG export facility in Guysborough County, Nova Scotia.
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5 June 2014
Germany considers fracking ban
The German Government is planning to unveil new fracking rules that may ban drilling of shale gas.
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4 June 2014
Pemex divests stake in Repsol
Mexican state-owned petroleum firm Pemex has sold its 7.86% stake in Spanish energy company Repsol for approximately €2.2bn.
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4 June 2014
TransCanada to build Merrick Mainline pipeline
TransCanada subsidiary Nova Gas Transmission will construct the C$1.9bn Merrick Mainline pipeline that will transport natural gas to a proposed export facility near Kitimat, British Columbia, Canada.