Oil & Gas Journal Archive
- Christian elected chairman of Texas RRC
- Anadarko sanctions Mozambique LNG project
- Leaseholders told to recalculate royalties under 2016 rule
- PTTEP agrees to acquire Partex Holdings
- ConocoPhillips to acquire Nuna discovery acreage
- Roberts named Stakeholder Midstream COO
- Lime Rock to buy certain Oklahoma assets from BP
- MARKET: Brent crude falls more than $1/bbl
- ONGC moves 35 rigs ahead of monsoon season
- DRBC approves dock, adds products to Gibbstown project
- MARKET: Brent for August tops $62/bbl
- Baker Hughes: US rig count down 6 units to 969
- WoodMac: Argentina LNG poised to meet Asian demand
- IEA consecutively cuts oil demand growth forecast
- Husky fined for 2016 Saskatchewan oil spill
Two weeks into the cleanup, 11 booms are on the North Saskatchewan River following a crude-oil spill discovered by Husky Energy Inc. on July 21. Ten of the 11 booms have been placed along an 18-km stretch below the oil’s point of entry into the river.
The US White House Council on Environmental Quality (CEQ) issued its final guidance to federal agencies on how to consider climate-change impacts of their decisions during National Environmental Policy Act reviews. The US Chamber of Commerce and Center for LNG (CLNG) separately responded with warnings that CEQ’s Aug. 2 action could create more regulatory hurdles for new transportation and other projects.
Newfield Exploration Co., Houston, has agreed to divest all of its assets in Texas in separate deals with Protege LLC, Tulsa, and an undisclosed buyer for combined net aftertax proceeds of $390 million. The two deals are expected to close in the third quarter.
Canada’s privately held Irving Oil Ltd., Saint John, NB, has agreed to acquire the 71,000-b/d Whitegate refinery—Ireland’s only—from current owner Phillips 66 Co., Houston.
The American Petroleum Institute has sued the US Environmental Protection Agency, challenging the agency’s final rule that imposes emissions limits for new, reconstructed, and modified oil and gas sources. The Aug. 2 petition to the US Appeals Court for the District of Columbia seeks a judicial review for regulations the agency issued on June 3, alleging that EPA failed to adhere to specific Clean Air Act limitations on how the agency can develop regulations.