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Richmond investor helped keep Halliburton's deal on track
When it looked as if the year's biggest energy merger, between Halliburton and Baker Hughes, was about to collapse, Halliburton resorted to a hardball tactic to keep the deal from falling apart. It threatened to propose its own slate of directors to replace Baker Hu ...
North America
Arabella Exploration increases ownership in producing properties
Arabella Exploration, Inc. (OTCQB: AXPLF) announce that it has acquired additional working interests in its properties from existing working interest holders. Over a series of five separate transactions, the Company acquired approximately 420 net acres and approximately ...
North America
Oil price, Petrofac, Plexus, Sundry-Ophir-Sound-Genel And finally...
Oil price Opec week dawns and the feature writers had a field day in the weekend papers, some writing better than others. Today sees the last day of the Iranian nuclear weapons talks, also being held in Vienna but as I write it looks like going into extra time. Even wi ...
North America
Bill Barrett Corporation announces successful settlement on Cottonwood Gulch asset
Bill Barrett Corporation (NYSE: BBG) announce that the Company entered into a settlement agreement with the Department of Interior and certain conservation organizations regarding its Cottonwood Gulch natural gas asset located on the Roan Plateau of Northwest Colorado. ...
North America
Crestwood Equity Partners announces agreement to sell Tres Palacios natural gas storage and pipeline facility
Crestwood Equity Partners LP (NYSE: CEQP) ('Crestwood Equity') and Crestwood Midstream Partners LP (NYSE: CMLP) ('Crestwood Midstream,' and together with Crestwood Equity, 'Crestwood') announce that Crestwood Equity has entered into definitive ag ...
North America
Boston, New York City winter natural gas prices expected to remain high
Source: U.S. Energy Information Administration, based on Bloomberg Note: November through March are considered winter months. Forward prices for 2014-15 and 2015-16 are as of 10/29/2014. Despite expectations of a milder winter for 2014, marketers anticipate high price ...
North America
Cygam announces receipt of tax assessments from Tunisian authorities
CYGAM Energy Inc. (TSX VENTURE:CYG) announces that its wholly owned subsidiary, Rigo Oil Company Limited ("Rigo"), which operates in Tunisia, has received tax assessments from the Tunisian tax authorities relating to taxation years 2010 through 2013. The tax ...
Middle East
NGL Energy Partners LP announces acquisition of water disposal facilities in the Bakken
NGL Energy Partners LP (NYSE: NGL) announce that it has acquired two salt water disposal facilities from WaterWorks Corral Creek, LLC, and Saltwater Disposal Systems, LLC, respectively for a total cost of $34.6 million in cash. The acquisition, which includes 13 employ ...
North America
Southcross Energy Partners, L.P. announces acquisition of Eagle Ford Pipeline System
Southcross Energy Partners, L.P. (NYSE: SXE) announce that it has completed the acquisition of a natural gas gathering system in McMullen County, Texas. The acquired system consists of eight miles of gathering pipelines within two miles of Southcross' existing rich ...
North America
EIA releases new online tool to track crude oil imports
Source: U.S. Energy Information Administration EIA's recently released U.S. Crude Oil Import Tracking Tool, designed to analyze crude oil imports in response to growing domestic production, allows users to sort and display imports by month or year, density (i.e., ...
North America
Have oil prices passed their all-time peak?
This is the third in a series of energy business insights commissioned by GCA from independent author and energy finance expert Barry Aling. In it he looks at the post 1970s history of oil price and the drivers behind it and examines in detail the relative pressures and ...
North America
Triangle Energy to be appointed operator of Pase PSC
Triangle Energy (Global) Limited announce the Indonesian Energy and Mineral Resources Ministry ('ESDM') has announced a decision on the contract status of the Pase Production Sharing contract ('PSC'). On Friday, the Minister of Energy and Mineral Resour ...
Asia Far East
US Refining Sector Sees a Boost in Quarterly Results
Companies with an interest in the US downstream sector have seen a general, significant improvement in performance in Q3 2014 according to a new analysis from Evaluate Energy. The main players, which include super majors BP, Chevron (CVX), ExxonMobil (XOM), Royal Dutch ...
North America
WHL Energy grants extension to AWE
Australian energy company WHL Energy Limited (ASX: WHN) advises that the Company has agreed to grant a further extension to Peedamullah Petroleum Pty Ltd ('AWE') for the election date of the option to continue to the drilling phase of the VIC/P67 exploration pro ...
Malcy's Blog - Flash blog: Sound/Antrim
Sound Oil Sound Oil has announced their intention to launch a public offer for 100% of Antrim Energy Inc. This is a particularly interesting move, as without actually launching an offer, Sound has effectively ensured that Antrim shareholders get an opportunity to look ...
West Europe
StealthGas reports third quarter and nine months ended September 30, 2014 financial and operating results
StealthGas Inc. (Nasdaq:GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30 ...
North America
TransAtlantic Petroleum announces record high production level
TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) announce that the Company has achieved a record high production level in Turkey. Average net production in Turkey for the past seven days exceeded 6,000 BOEPD, consisting of approximately 4,500 BOPD and 9.5 MMCFPD. ...
Middle East
FPSO Cidade de Ilhabela producing and on hire
SBM Offshore announce that FPSO Cidade de Ilhabela is formally on hire after achieving first oil and completing a 72 hour continuous production test leading to Production Acceptance Notice (PAN). The FPSO will operate under a twenty year charter and operate contract wit ...
South America
Huizhou 25-8 Oilfield/Xijiang 24-3 Oilfield Xijiang 24-1 District Joint Development Project commences production
CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) announce that the Huizhou 25-8 Oilfield/Xijiang 24-3 Oilfield Xijiang 24-1 District Joint Development Project has commenced production. This project is located in the Pearl River Mouth Basin of the South China Sea with a ...
Asia Far East
Benthic awarded geotechnical investigation contract
Benthic, a global geosciences company, has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation for a deepwater geotechnical investigation in the Golfinho Field off the coast of Mozambique. Benthic's PROD (Portable Remotely Operated Drill), ope ...

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