WV MetroNews: Legislature, Governor, make right call on co-tenancy drilling bill https://t.co/qhWXIG54ZT
Oil & Gas Journal Archive
- Senators want US to use all options to oppose Nord Stream 2 pipeline
- API: US petroleum demand in February hit 20.3 million b/d
- IEA raises global oil demand estimate for 2018
- Porges named interim EQT president, CEO
- MARKET WATCH: NYMEX holds under $61/bbl on forecasts of higher shale production
- Pioneer to restart Texas field shut by fire
- Court rejects NYSDEC’s appeal of FERC’s Valley Lateral ruling
- Pruitt issues guidance clarifying NSR evaluations
- US sanctions on Venezuela could backfire, speakers warn at forum
- OPEC forecasts rising non-OPEC oil supply, especially US oil production
- EIA: US crude oil inventories up 5 million bbl
- MARKET WATCH: NYMEX crude oil settles under $61/bbl on US Cabinet shifts
- Trump fires Tillerson as secretary of State, names Pompeo as successor
- Woodside enters into deal to operate Scarborough gas field
- Eni strikes deals for concessions off Abu Dhabi
Williams Partners LP has received approval from the US Federal Energy Regulatory Commission for both its New York Bay expansion and Virginia Southside II expansion projects. The New York Bay expansion is designed to serve increasing local distribution demand in New York City while the Virginia Southside II expansion targets new electric-power generation in Virginia.
The US Office of Natural Resources Revenue will update its civil penalties on Aug. 1 for the first time since May 1999, the US Department of the Interior agency reported. Legislation, legal decisions, and recommendations from oversight entities drove the need to modernize and improve its civil penalty authority, it said.
Statoil ASA has agreed to buy the 66% operated interest in the BM-S-8 offshore license in Brazil’s Santos basin held by Petroleo Brasileiro SA (Petrobras) for $2.5 billion.
Halcon Resources Corp., Houston, has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to pursue a prepackaged plan of reorganization in which the firm would eliminate $1.8 billion in long-term debt and reduce annual interest expense by more than $200 million.
Spain’s Repsol SA reported adjusted net income in the second quarter of €345 million compared with €312 million in the same quarter in 2015. Allowing for inventory and nonrecurring income, net income was €205 million vs. €292 million.