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Tanager Energy announces acquisition of oil and gas property

Tanager Energy Inc., (TSX VENTURE:TAN) advises that it has closed the purchase of a 39% working interest in an oil and gas property for $110,000. The property consists of one producing CBM gas well, one producing Mannville gas well, and one suspended Devonian ...

Woodside enters FEED phase for Browse FLNG Development

Woodside, as a participant in the Browse FLNG Development, advises that agreement has been reached to enter the front-end engineering and design (FEED) phase for the proposed development. The FEED phase involves undertaking the activities required to finalise ...

Quicksilver Resources receives approval to export liquefied natural gas from Discovery LNG

Quicksilver Resources Canada Inc. announced today that it received approval from the Canadian National Energy Board ('NEB') to export up to 20 million tons per annum of liquefied natural gas from its Discovery LNG site located near Campbell River, British Colu ...

Elk-Antelope Joint Venture selects LNG Project sites

InterOil Corporation (NYSE: IOC; POMSoX: IOC) and the PRL 15 joint venture participants have unanimously endorsed recommendations from Total SA for key project infrastructure sites for development of the Elk-Antelope gas field in Papua New Guinea. The central ...

BP to settle federal, state and local Deepwater Horizon claims for up to $18.7 billion

Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP today announced that its US Upstream subsidiary, BP Exploration and Production Inc (B ...

Alpha Natural Resources announces consolidation of Marcellus shale joint venture ownership

Alpha Natural Resources, Inc. (NYSE: ANR) announced today that its wholly-owned subsidiary, Pennsylvania Services Corporation (PSC), has acquired the 50% interest in its natural gas exploration and production joint venture, Pennsylvania Land Resources Holding ...

FourPoint Energy to acquire Anadarko Assets from Chesapeake Exploration and CHK Cleveland Tonkawa

FourPoint Energy, LLC announced today the signing of definitive agreements to acquire oil and gas assets from Chesapeake Exploration L.L.C. and CHK Cleveland Tonkawa L.L.C., whose preferred interest owners are funds managed by GSO Capital Partners LP, as well ...

Fossil fuels have made up at least 80% of U.S. fuel mix since 1900

Source: U.S. Energy Information Administration, Monthly Energy Review While the energy history of the United States is one of significant change, three fossil fuel sources—petroleum, natural gas, and coal—have made up at least 80% of total U.S. en ...

GMB seek urgent meeting with Scotland First Minister over threat to 2,500 offshore lined fabrication jobs in Fife and Western Isles

Contracts heavily supported by the Scottish Government are not being awarded to the three yards and going overseas instead placing jobs and skills at risk says GMB GMB and Unite are reiterating their request for an urgent meeting with Nicola Sturgeon, Scotlan ...

Holloman Energy delays decision on PEL 444 pending new Terra Nova management

Holloman Energy Corporation's (OTCQB: HENC) primary objective continues to be the pursuit of its drilling plans in Petroleum Exploration License (PEL) 444. HENC is keeping abreast of the recent shareholder events surrounding their drilling partner Terra Nova E ...

Iona Energy announces sale of interest in the Esmond Transportation System

Iona Energy Inc. (TSX VENTURE:INA), a Canadian independent oil & gas company with assets in the UK North Sea is pleased to announce that its UK subsidiary, Iona Energy Company (UK) plc, has entered into a definitive sale and purchase agreement with GDF SUEZ E& ...

ZaZa Energy reports mid-year 2015 reserves and operational update

ZaZa Energy Corporation (NASDAQ: ZAZA) today provided a reserves and operations update on the Company's activities in the Eagle Ford East, where it has approximately 140,000 gross (35,000 net) acres within an Area of Mutual Interest with EOG Resources. The Com ...

Black Gold Resources acquires stake in the 10 Well Income joint venture in Caldwell County, Texas

Black Gold Resources, Inc. (BGR) The 10 WELL INCOME, JV is a Thirteen Well Enhanced Oil Recovery Project located in Caldwell County, Texas. Twelve of the wells are proven productive vertical oil wells. Two of the 12 wells will be converted to water injection w ...

Hess Corporation completes sale of 50% interest in Bakken mindstream assets for $2.675 billion

Hess Corporation (NYSE: HES) today completed the previously announced sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion. As planned, Hess and Global Infrastructure Partners ...
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