The expected financial returns are higher for a project in the Shale Crescent region (WV, PA, OH) compared with a G… https://t.co/ixxnfEvBrB
Oil & Gas Journal Archive
- Selling US LNG to Europeans requires commercial terms, speakers say
- MARKET WATCH: Oil prices rise following reports of oil inventory decline
- Region-wide gulf lease sale yields nearly $125 million in high bids
- EIA: US crude oil down 2.6 million bbl
- Barrett-Fifth Creek combine: HighPoint Resources
- Power dominates MENA energy spending plans
- Dio named chairman, president of BP Americas
- Golovanev named general director, Lukoil-Komi
- MARKET WATCH: NYMEX, Brent oil prices rise on Middle East tenions
- Pruitt proposes revisions to air emissions rules for refiners
- BSEE unveils program to increase inspection time offshore, save money
- Delek divests idled California refining, logistics assets
- EnerVest, TPGE enter $2.66-billion combination with South Texas assets
- SandRidge to review strategic alternatives after rejecting Midstates’ proposal
- MARKET WATCH: Crude oil prices volatile as Saudis visit US
Oil price benchmarks remained relatively steady on New York and London markets as healthy demand reports helped balance the rise in US production.
Statoil SA will become Equinor. The name will change after a shareholder vote scheduled May 17. The Norwegian government, Statoil’s majority shareholder, supports the proposal by the board of directors.
EV Energy Partners LP, a publicly traded master limited partnership created by EnerVest Ltd., Houston, has proposed a prepackaged plan of reorganization under bankruptcy protection. The plan would exchange $343 million of debt with equity in 95% of the reorganized company.
OMV AG, Vienna, reported it would acquire from Royal Dutch Shell PLC the supermajor’s upstream assets in New Zealand for $578 million. The deal adds recoverable resources of as much as 100 million boe to OMV’s portfolio, the company said.