NEWS— Click on text to read news by category: General | Product | People | Worldwide
RimRock to Acquire Whiting Petroleum’s Assets for $500 Million, North Dakota
August 17, 2017
RimRock Oil & Gas Williston has signed an agreement to acquire Fort Berthold Indian Reservation area assets from Whiting Petroleum for around $500m. Whiting intends to use the proceeds from the deal to repay $500m of its current $550m bank
Husky Energy to Acquire Calumet’s Refinery for $435 Million, Wisconsin
August 17, 2017
Husky Energy has agreed to acquire Superior refinery from Calumet Specialty Products Partners in US, for around $435m. The facility, which has 50,000 barrel per day permitted capacity, is located in Superior, Wisconsin. Under the deal, Husky will acquire refinery’s
4 AM Midstream Acquires White Star Petroleum’s Midstream Assets, Oklahoma
August 17, 2017
4 AM Midstream has acquired midstream oil and gas gathering assets from White Star Petroleum for an undisclosed sum. The purchased assets, which are situated in central Oklahoma, will distribute oil and gas from White Star and neighboring production companies
Carrizo Oil & Gas Acquire ExL Petroleum’s Delaware Basin Assets for $648 Million
August 15, 2017
Carrizo Oil & Gas has completed the acquisition of Delaware Basin assets from ExL Petroleum for around $648m. Under the deal, Carrizo has purchased around 16,508 net acres situated in the Delaware Basin in Reeves and Ward Counties. The transaction
Westcoast Energy Receives Approval for $170 Million Wyndwood Pipeline Expansion Project, Canada
August 15, 2017
Canadian economic regulatory agency National Energy Board (NEB) has given consent to Westcoast Energy’s (Spectra Energy Transmission) proposed $170m Wyndwood pipeline expansion project. NEB has approved Westcoast’s proposal to construct and operate 27km long Wyndwood pipeline expansion project. The approval
Andeavor to Develop $225 Million Crude Oil Gathering Pipeline Project in Delaware Basin
August 15, 2017
Andeavor says that it is all set to launch the development of the Conan Crude Oil Gathering Pipeline system in the Delaware Basin with an investment of around $225m. The Texas-based petroleum refining company has secured sufficient commitments from third
Fourchon Files for FERC Approval to Develop $888 Million LNG Project, Offshore Louisiana
August 15, 2017
Fourchon LNG, a subsidiary of Energy World, has officially started seeking regulatory approvals for its $888m liquefied natural gas (LNG) project in Port Fourchon, Louisiana. The Greater Lafourche Port Commission (GLPC) said that Fourchon LNG has filed a formal letter
BP Makes Significant Gas Discovery at Mancos Shale Formation, New Mexico
August 14, 2017
British oil major BP has made a major gas discovery in the Mancos shale formation of the San Juan Basin in New Mexico near the Colorado border. Having brought the highly productive natural gas well online, BP said that the
SNC-Lavalin Secures Construction Contract for Husky Energy’s West White Rose Project
August 14, 2017
SNC-Lavalin, Dragados Canada and Pennecon announced that their general partnership (GP) has secured a construction contract from Husky Energy for offshore project in Canada. The GP has been contracted for Husky Energy’s West White Rose Project in Newfoundland and Labrador.
UK Competition Watchdog Raises Concerns Over $2.7 Billion Wood Group-Amec Merger
August 8, 2017
The UK’s Competition and Markets Authority (CMA) has raised concerns over Wood Group’s proposed £2.2bn ($2.7bn) takeover of energy services company Amec Foster Wheeler. Following an initial investigation into the merger, the competition watchdog said that the take over could
Page 644 of 754 pages ‹ First < 642 643 644 645 646 > Last ›
