Gulf Oil and Gas accountACCOUNT

North America


Weatherford & Schlumberger to Form OneStim Joint Venture
United States >> 3/24/2017 - Weatherford and Schlumberger announced an agreement to create OneStimSM, a joint venture to deliver completions products and services for the development of unconventional resource plays in the United...
API's Gerard Welcomes Federal Approval of Keystone XL Pipeline
United States >> 3/24/2017 - API President and CEO Jack Gerard welcomed the State Department’s approval of the cross-border permit needed for the advancement of the Keystone XL pipeline. ...
API Welcomes Repeal of Uncertain, Harmful ONRR Valuation Rule
United States >> 3/24/2017 - API Upstream and Industry Operations Group Director Erik Milito welcomed the Interior Department’s Office of Natural Resources Revenue (ONRR) plan to repeal its regulation on valuing royalties from oi...
Bechtel & GE Hitachi Nuclear Energy Join Forces to Pursue Nuclear Plant Decommissioning
United States >> 3/24/2017 - Bechtel, a global leader in engineering, procurement, and construction, and the nuclear reactor technology pioneer GE Hitachi Nuclear Energy announced that the two companies have formed an alliance to...
Yokogawa & Cosasco Sign Sale Agreement for ISA100 Wireless Products
Yokogawa & Cosasco Sign Sale Agreement for ISA100 Wireless Products United States >> 3/23/2017 - Yokogawa Electric Corporation has signed a mutual sales agreement with Rohrback Cosasco Systems, Inc., a leading US-based manufacturer of corrosion monitoring systems and equipment. Under this agreeme...
Statoil Awards 13 Leases in US Gulf of Mexico
United States >> 3/23/2017 - Statoil resets its exploration in the Gulf of Mexico and was today deemed high bidder on 13 leases in the 2017 Central Lease Sale. Statoil successfully bid on 13 leases in the US Department of the Int...
Dril-Quip, Inc. to Present At Scotia Howard Weil Energy Conference
United States >> 3/23/2017 - Dril-Quip, Inc. (DRQ) announced that Blake T. DeBerry, President and Chief Executive Officer and Jerry M. Brooks, Vice President of Investor Relations, will deliver a presentation at the 45th Annual S...
Petroleum Demand Last Month Highest for February since 2008
United States >> 3/23/2017 - Total petroleum deliveries in February moved up 0.1 percent from February 2016 to average 19.7 million barrels per day. These were the highest February deliveries in nine years, since 2008. Compared w...
Gastar Exploration Acquires STACK Leasehold
United States >> 3/22/2017 - Gastar Exploration Inc. (Gastar) has completed the acquisition of additional working and net revenue interests in approximately 66 gross (9.5 net) producing wells and 5,670 net acres of additional STA...
Successful GoM Lease Sale 247 Yields $275 Million in High Bids
United States >> 3/22/2017 - U.S. Secretary of the Interior Ryan Zinke announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico garnered $274,797,434 in high bids for 163 tracts covering 913,542 acres in the Ce...
Trent J. Jabbia Named as VP of North America Sales at RigNet
United States >> 3/22/2017 - RigNet, Inc., a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements, announced the appointment of Trent J. Jabbia as...
New API Licensed Ck-4 & Fa-4 Diesel Engine Oils on Store Shelves Now
United States >> 3/22/2017 - The American Petroleum Institute (API) has licensed approximately 400 CK-4 and more than 60 FA-4 oils submitted by large, medium, and small oil marketers. While already significant, API expects availa...
Yokogawa Releases CENTUM VP R6.04 Integrated Control System
Yokogawa Releases CENTUM VP R6.04 Integrated Control System United States >> 3/22/2017 - Yokogawa Electric Corporation will be releasing an enhanced version of its CENTUM® VP integrated production control system on March 23. The enhancements in this latest release, R6.04, include a new in...
Birchcliff Announces Sales for Charlie Lake Light Oil Resource
Canada >> 3/21/2017 - Birchcliff Energy Ltd. (BIR) announced that it will pursue the sale of its oil and natural gas properties and related assets on the Charlie Lake Light Oil Resource Play located in the Peace River Arch...
88 Energy Commences Operations at Icewine-2 Well
United States >> 3/21/2017 - 88 Energy Limited (88 Energy, Operator) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska. ...
WilsonPro to Bring Latest Signal Booster Technology to TESSCO
United States >> 3/21/2017 - TESSCO Technologies (TESS), the leading, value-added wireless distributor and solutions provider, announced that WilsonPro will be among the exhibitors at the upcoming TESSCO One Showcase & Conference...
Energy Mandates Hurt Ohio Consumers & Distort Energy Markets
United States >> 3/21/2017 - API Ohio Executive Director Chris Zeigler testified before the Ohio House of Representatives Public Utilities Committee in support of legislation that would remove government mandates for electricity ...
Marathon Oil Acquires $700 Million Northern Delaware
United States >> 3/21/2017 - Marathon Oil Corporation announced the signing of a definitive agreement to acquire approximately 21,000 net surface acres largely in the Permian's Northern Delaware basin of New Mexico from Black Mou...
Subsidies for Nuclear Power Generation Could Hurt Connecticut Consumers
United States >> 3/21/2017 - Connecticut Petroleum Council Executive Director Steven Guveyan criticized the Connecticut General Assembly’s Energy and Technology Committee’s approval of legislation that would provide subsidies for...
Oxea Corporation Awards Jacobs Construction Management Contract
United States >> 3/21/2017 - Jacobs Engineering Group Inc. (JEC) has been awarded a construction management (CM) contract from Oxea Corporation for a Propanol Expansion project at its manufacturing site at Bay City, Texas. Propan...
Bristow Forms New Search and Rescue Consortium
United States >> 3/21/2017 - Bristow U.S. LLC announced that it has been awarded a contract with Shell Offshore, Inc., a subsidiary of Royal Dutch Shell (Shell), for medevac and search and rescue (SAR) services in the Gulf of Mex...
WFS & Seatronics Demonstrate Drone-to-ROV Wireless Communications
United States >> 3/21/2017 - Subsea wireless automation provider WFS Technologies, and marine rental equipment specialist Seatronics Inc, an Acteon company, demonstrated Drone-to-ROV wireless communications at a Subsea Internet o...
Minnesota Twins Install Eaton’s Advanced LED Lighting & Controls System for 2017 Season
United States >> 3/21/2017 - SYRACUSE, NY Power management company Eaton today announced that its advanced Ephesus sports lighting light-emitting diode (LED) and controls system is being installed at Target Field, home of the Min...
Subsea 7 Awarded EPCI Contract for Mad Dog 2 Project
United States >> 3/21/2017 - Subsea 7 has been awarded a large contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans. The contract scope covers engineering, procuremen...
88 Energy Commences Operations at Icewine-2 well
United States >> 3/21/2017 - 88 Energy has provided an update on Project Icewine, located onshore North Slope of Alaska. ...
Pengrowth to Sell North Central Alberta Properties for $180 Million
Canada >> 3/20/2017 - Pengrowth Energy Corporation (Pengrowth) has entered into an agreement for the sale of a portion of its Swan Hills assets in North Central Alberta for total cash consideration of $180 million, subject...
Noble Corporation to Present at the Scotia Howard Weil 45th Annual Energy Conference
United States >> 3/20/2017 - Noble Corporation plc (NE) announced that David W. Williams, Chairman, President and Chief Executive Officer, will present at the Scotia Howard Weil 45th Annual Energy Conference in New Orleans, Louis...
Borr Drilling Intends to Acquire 15 High-Specification Jack-Up Rigs from Transocean
United States >> 3/20/2017 - Borr Drilling Limited is pleased to announce the signing of a letter of intent with transocean for the acquisition of 15 high-specification jack-up rigs. The transaction consists of Transocean’s entir...
CPECC & Sunshine Oilsands Sign MoU for West Ells Phase II Project Expansion
Canada >> 3/19/2017 - Sunshine Oilsands Ltd. and China Petroleum Engineering & Construction Corporation (CPECC) have signed a Memorandum of Understanding (MOU) in relation to the West Ells Phase II (Phase II) project expan...
Trends in Selected Commodity Markets - March ?2017
Trends in Selected Commodity Markets - March ?2017 United States >> 3/19/2017 - In February, market participants expected a lower path for interest rate increases by the US Federal Reserve (the Fed) and are awaiting further clarity regarding the economic proposal of the new US ad...
Fugro Hunts for More Hydrocarbon Seeps in US Gulf of Mexico
United States >> 3/17/2017 - In collaboration with multi-client geoscience data company, TGS, Fugro continues to map the seafloor in the Gulf of Mexico to pull together a complete picture of geological features, including hydroca...
Diamond Green Diesel to Expand Renewable Fuel Capacity Using Honeywell's Technology
United States >> 3/17/2017 - Honeywell (HON) UOP announced that the Diamond Green Diesel facility in Norco, La., will expand its annual production capacity of renewable diesel from 10,000 barrels per day to 18,000 bpd, using Hone...
CH2M Signs Framework Agreement with Shell to Provide Global Engineering Services
United States >> 3/17/2017 - CH2M has signed a framework agreement with Shell to provide engineering, procurement, construction and project management services across upstream, integrated gas and downstream projects globally. Thi...
SMA Solar Technology Renews Investment in U.S
United States >> 3/17/2017 - In an exciting step forward, SMA Solar Technology announced that it will renew its investment in the U.S. with the addition of two new executives, and plans to add many new employees with a major hiri...
C-Kore Systems Delivers Subsea Testing Unit to USA
C-Kore Systems Delivers Subsea Testing Unit to USA United States >> 3/16/2017 - C-Kore Systems delivered a C-Kore unit to a major integrated Oil and Gas Company with operations in the Gulf of Mexico. The unit will be used for fault finding on their assets in the Gulf of Mexico. ...
ABB Substation to Enhance New York Power Grid
United States >> 3/16/2017 - ABB has won an order from Bechtel Infrastructure and Power to provide a turnkey substation solution. The substation will integrate electricity generated by the Cricket Valley Energy Station, a new com...
Teekay LNG Partners Declares Distribution on Series a Preferred Units
Canada >> 3/15/2017 - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.5625 per unit on the Partnership’s Series A preferred ...
Pioneer Sells Northeastern Martin County Acreage for $266m
United States >> 3/15/2017 - Pioneer Natural Resources Company (Pioneer) has signed a purchase and sale agreement with an undisclosed buyer to sell its previously-announced acreage package in northeastern Martin County, Texas, fo...
Agilent Board of Directors Elects Koh Boon Hwee as New Chairman
United States >> 3/15/2017 - Agilent Technologies Inc. announced that Koh Boon Hwee has been elected chairman of the board, effective at the end of today's shareholders' meeting. Koh, who has been a member of Agilent's board sinc...
ABB Launches CMS-700 Energy Monitor & Control Unit in US
United States >> 3/15/2017 - ABB has launched the CMS-700 energy monitor and control unit in the US to allow easy access for data collection, analysis and download through a built-in web server to manage power and optimize energy...
Wood Group Awarded Two Mad Dog Phase 2 Contracts
United States >> 3/14/2017 - Wood Group has won two separate contracts related to BP’s Mad Dog 2 project providing engineering services to further develop deepwater production. Wood Group has been contracted by Samsung Heavy Indu...
Industry’s First Adaptive Drill Bit from Baker Hughes
Industry’s First Adaptive Drill Bit from Baker Hughes United States >> 3/14/2017 - Baker Hughes announced the commercial release of its TerrAdapt™ adaptive drill bit, which can deliver dramatic improvements in drilling economics by using automation to mitigate downhole dysfunctions ...
ABB Unveils $60 Million Technology Investment for US Market
United States >> 3/14/2017 - ABB unveiled its latest electrical innovations for the US market, resulting from research and development, and operational investments of more than $60 million. The investments for power distribution ...
ABB Introduces AbilityTM Electrical Distribution Control System
United States >> 3/14/2017 - ABB AbilityTM Electrical Distribution Control System, a breakthrough innovation for cloud-based energy management, remote supervision and diagnostics has been introduced in the US market by the innova...
ABB Wins E-House Order from Mitsubishi Heavy Industries
United States >> 3/14/2017 - ABB’s Packaging group won a new order from Mitsubishi Heavy Industries America (MHIA) for four E-Houses to be supplied in 2017 and 2018. The E-Houses are for a large petrochemical expansion project. <...
ABB Digitalizes Critical Substation in New York City to Improve Power Supply
United States >> 3/14/2017 - ABB has completed a major upgrade of a key substation in New York City, where several conventional pieces of power equipment have been replaced with digitally-enabled technology, in collaboration with...
ABB Launches World’s 1st Digital Distribution Transformer
United States >> 3/14/2017 - ABB announced the launch of the world’s first digital distribution transformer at its ABB Customer World event in Houston, Texas. Integrated sensing and monitoring technology in ABB’s new TXpert™ tran...
WorleyParsons Signs Multi-Regional Agreement with Chevron
United States >> 3/13/2017 - WorleyParsons has signed a long term multi-regional agreement with Chevron for engineering and procurement services. The scope of the agreement allows use in all engineering phases of Chevron’s capita...
US Oil Trade - February 2017
US Oil Trade - February 2017 United States >> 3/13/2017 - January preliminary data shows that US crude oil imports increased to average 8.4 mb/d, up by 489 tb/d from the previous month and 683 tb/d or 9% over the previous year. ...
ABB Showcases Latest Technologies to Enable a Smarter Power Grid at US Event
United States >> 3/13/2017 - ABB will showcase a range of products, systems, software and service solutions including some of its latest innovations, at its flagship US customer event (ABB Customer World) in Houston, Texas, from ...
Honeywell UOP Recognized for Development of Methanol-to-Olefins Technology
United States >> 3/13/2017 - Honeywell UOP announced that the American Institute of Chemical Engineers’ (AIChE) Fuels and Petrochemical Division has recognized four of its scientists with the 2016 Industrial Research & Developmen...
Government of Canada Funding for Observatory Junction Boxes
Canada >> 3/10/2017 - It’s a go ahead for new design development and configuration for the established OceanWorks International observatory communication nodes, thanks to approved funding from The National Research Council...
Misguided House Proposal to Ban Natural Gas Development Ignores Maryland Families & Consumers
United States >> 3/10/2017 - Maryland Petroleum Council (MPC) Executive Director Drew Cobbs said today that legislation (HB1325) to ban hydraulic fracturing would prohibit a process that benefits every Marylander every day. It i...
LyondellBasell Honored by Junior Achievement with US President's Volunteer Service Award
United States >> 3/10/2017 - For the second consecutive year, LyondellBasell (LYB), one of the world's largest plastics, chemical and refining companies, has been honored by Junior Achievement USA® (JA) with the U.S. President's ...
Shell Divests Oil Sands Interests in Canada for $7.25 Billion
Canada >> 3/9/2017 - Royal Dutch Shell plc announces the signing of two agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) — which are detailed in this announcement — that will see ...
Enerplus Divests Alberta & Saskatchewan Assets for $67.3 Million
Canada >> 3/9/2017 - Enerplus Corporation has entered into definitive agreements to sell various Canadian properties located in Alberta and southwest Saskatchewan for aggregate proceeds of $67.3 million, before customary ...
Repsol Makes the Largest US Onshore Oil Discovery in 30 Years
United States >> 3/9/2017 - Repsol and partner Armstrong Energy have made in Alaska the largest U.S. onshore conventional hydrocarbons discovery in 30 years. The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campa...
Dril-Quip Appointed Jeffrey Bird As Vice President & Chief Financial Officer
United States >> 3/9/2017 - Dril-Quip, Inc. (DRQ) announced that it has appointed Jeffrey J. Bird as Vice President and Chief Financial Officer, effective March 13, 2017. Mr. Bird will succeed Jerry M. Brooks, who has accepted t...
Northern Petroleum Acquires Production Assets in Canada
Canada >> 3/8/2017 - Northern Petroleum, the AIM quoted oil and gas company focusing on production led growth balanced with high impact exploration and appraisal opportunities, has signed an agreement to acquire productio...
Wood Group Begins Second Site Work Phase for New Sofidel Paper Products Facility
United States >> 3/8/2017 - Wood Group has begun the second of two site construction services contracts to support development of a new tissue production site for Sofidel in Central Ohio. Wood Group has been subcontracted by Gra...
Oceanworks Welcomes ADS Product Line Manager
United States >> 3/7/2017 - OceanWorks International is pleased to announce the appointment of Mr. Jonathan Fether as Atmospheric Diving System (ADS) Product Line Manager. ...
Senate Reversal of BLM 2.0 Rule Strengthens Regulatory Certainty
United States >> 3/7/2017 - API Upstream and Industry Operations Group Director Erik Milito applauded the Senate vote to disapprove the Bureau of Land Management’s (BLM) final Planning 2.0 rule for developing domestic oil and na...
Chevron Affirms Production, Margins & Cash Flow Growth Plans
United States >> 3/7/2017 - Chevron Corporation hosted its annual security analyst meeting in New York where executives highlighted the company's growing free cash flow from its advantaged portfolio. ...
Coining Introduces Accredited Analytical Laboratory Services
United States >> 3/6/2017 - AMETEK Coining announced that it recently has completed A2LA accreditation and now offers analytical laboratory and failure analysis services to its customers. AMETEK Coining has operated an in-house ...
Areas in Federal Waters Sale Under New Five Year Program
United States >> 3/6/2017 - Secretary of the Interior Ryan Zinke today announced that the Department will offer 73 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and develo...
Exxonmobil Plans Investments of $20 Billion in US Gulf Region
United States >> 3/6/2017 - Exxon Mobil Corporation is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the American energy revo...
North Sea Energy Announces Private Placement to Raise £200,000
United States >> 3/6/2017 - North Sea Energy Inc. (NSE) is pleased to announce a non-brokered private placement (the "Private Placement") of up to 4,000,000 units (the "Units") at a price of $0.05 per Unit, for gross proceeds of...
Mark McCollum Leaves Halliburton as Chief Financial Officer
United States >> 3/6/2017 - Halliburton Company announced that Chief Financial Officer Mark McCollum is leaving the Company effective immediately to become Chief Executive Officer at Weatherford International plc. Halliburton Ex...
International Frontier Resources Closes over Subscribed Private Placement
Canada >> 3/3/2017 - International Frontier Resources Corporation (IFR) has closed its previously announced private placement (see news release dated January 31, 2017) (Financing) to raise aggregate gross proceeds of CAD$...
Tidewater Receives Limited Waiver Extensions from its Lenders and Noteholders
United States >> 3/3/2017 - Tidewater Inc. (TDW) has been in discussions with its principal lenders and noteholders to amend the company's various debt arrangements to obtain relief from certain covenants. Pending the resolutio...
Parker Hannifin Launches Parker IQAN® Connect
United States >> 3/2/2017 - Parker Hannifin Corporation, the global leader in motion and control technologies, announced the launch of Parker IQAN® Connect, the latest innovation in motion control. Using standard SAE J1939 proto...
Oceanworks Hires Richard Gage as New Project Director
United States >> 3/1/2017 - OceanWorks International is pleased to announce the appointment of Mr. Richard Gage, P.Eng in the role of Director of the Project Management Office (PMO). Rich is responsible for overseeing and suppor...
Jacobs Wins Logistics Services Contract for Marine Corps Special Operations Command
United States >> 3/1/2017 - Jacobs Engineering Group Inc. (JEC) has been awarded a task order by the General Services Administration (GSA) to provide the U.S. Marine Corps Special Operations Command (MARSOC) Raiders with logisti...
McDermott Awarded Offshore Subsea Contract
United States >> 3/1/2017 - McDermott International, Inc. (MDR) announced a contract award from Hess Corporation for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. ...
Australis to Acquire Encana US Shale Assets for US$80 Million
United States >> 2/28/2017 - Australis Oil & Gas Limited (Australis) through its indirect wholly-owned American subsidiary, Australis TMS Inc., has entered into a Purchase & Sale Agreement (PSA) with Encana Oil & Gas (USA) Inc. (...
Australis to Acquire EnCana US Shale Assets for US$80 million
United States >> 2/28/2017 - Australis Oil & Gas through its indirect wholly-owned American subsidiary, Australis TMS Inc., has entered into a Purchase & Sale Agreement (PSA) with Encana Oil & Gas (USA) Inc., a wholly-owned subsi...
Parker Hannifin Completes CLARCOR Acquisition for $4.3 Billion
United States >> 2/28/2017 - Parker Hannifin Corporation, the global leader in motion and control technologies, completed its acquisition of CLARCOR Inc., a major manufacturer of filtration products, for approximately $4.3 billio...
Shell Takes Final Decision for Kaikias Project in Gulf of Mexico
United States >> 2/28/2017 - Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, and MOEX North America LLC (MOEX NA), a wholly owned subsidiary of Mitsui Oil Exploration Co., Ltd, have each taken the final invest...
Winchester Presents New MVP Series of RF Connectors
United States >> 2/28/2017 - Designed to achieve a Moisture Ingress rating of IP68 and to prevent de-mating caused by Vibration, Winchester Electronics is proud to present its newly-patented Moisture Vibration Performance (MVP™) ...
The Chemours Company Awards Jacobs Long-Term Field Services Contract
United States >> 2/28/2017 - Jacobs Engineering Group Inc. (JEC) received a five-year field services contract from The Chemours Company FC LLC for its Washington Works Facility in West Virginia. The Washington Works Facility is C...
SunCoke Energy Awards Maintenance & Capital Projects Contract to Fluor
United States >> 2/27/2017 - Fluor Corporation (FLR) announced that SunCoke Energy, Inc. (SunCoke) has awarded Fluor a contract to provide certain maintenance support and capital project services at SunCoke coke facilities in the...
Shell Awards Contract for TCP Jumper Spool Qualification
United States >> 2/27/2017 - Airborne Oil & Gas, the world’s first and leading manufacturer of Thermoplastic Composite Pipe (TCP) has been awarded a qualification program from Shell for a high-pressure, Deepwater TCP jumper spool...
TESSCO Signs Deal with GEAR4 as Exclusive US Distributor
United States >> 2/27/2017 - TESSCO Technologies, a value-added distributor and solutions provider for the wireless industry, announced the company will become the exclusive US distributor for GEAR4, the UK’s best selling impact ...
SOR Introduces Bimetal Thermometer to Their Temperature Sensor Portfolio
SOR Introduces Bimetal Thermometer to Their Temperature Sensor Portfolio United States >> 2/27/2017 - SOR Inc. continues to grow its Temperature Sensors catalog with the addition of Bimetal Thermometers. When accurate and reliable local indication of process temperature is required without the use of ...
Solartron ISA Rebrands Dualstream Wet Gas Flow Meters
Solartron ISA Rebrands Dualstream Wet Gas Flow Meters United States >> 2/26/2017 - Solartron ISA, a world leader in wet gas flow meters for topside and subsea applications, has rebranded its Dualstream family of wet gas flow meters to greatly simplify the process of choosing the cor...
Husky Energy Weighs Sale of Some Canada Assets
Canada >> 2/25/2017 - Canadian oil and gas producer Husky Energy Inc is mulling paring down its stakes in some of its Eastern Canadian offshore assets, in a move that could fetch several billion dollars, people familiar wi...
BOEM Publishes Proposed Notice of Sale for Potential Cook Inlet Lease Sale
United States >> 2/24/2017 - The Bureau of Ocean Energy Management (BOEM) plans to offer approximately 1.09 million acres in Cook Inlet off Alaska’s southcentral coast in a proposed lease sale this year. Cook Inlet Oil & Gas Leas...
Keel Laying of First Shuttle Tanker for East Coast Canada
Canada >> 2/23/2017 - Teekay Offshore Will Be the Sole Supplier and Operator of Shuttle Tankers Services for East Coast Canada. On February 15, the keel laying ceremony for Teekay’s first shuttle tanker newbuilding for Eas...
Lundin's IPC Files Preliminary Prospectus in Alberta
Canada >> 2/23/2017 - In connection with the previously announced proposed reorganisation and spin-off by Lundin Petroleum AB (Lundin Petroleum) of its assets in Malaysia, France and the Netherlands into International Petr...
Nostra Terra Announces Second Permian Basin Acquisition
United States >> 2/23/2017 - Nostra Terra (NTOG) is pleased to announce the acquisition of producing assets in the Permian Basin, Texas, along with the receipt of US$100,000 in connection with the previously announced sale of its...
TGS & Schlumberger Announce New Program in Gulf of Mexico
United States >> 2/23/2017 - TGS-NOPEC Geophysical Company (TGS) and Schlumberger announced a new multi- and wide-azimuth (M-WAZ) multiclient reimaging program in the highly prospective Central U.S. Gulf of Mexico. Final results ...
ConocoPhillips Revises Down over 1 bln bbls of Oil Sands Reserves
Canada >> 2/22/2017 - ConocoPhillips has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocar...
Resignation of Segun Omidele as CEO of Erin Energy
United States >> 2/22/2017 - Erin Energy Corporation (Erin Energy) announced that Segun Omidele has resigned as Chief Executive Officer and as a member of the Board, effective February 22, 2017. Mr. Omidele’s resignation was acce...
Enterprise Products Chooses Honeywell UOP Technology for New Petrochemical Plant in Texas
United States >> 2/22/2017 - Honeywell (HON) announced that Houston-based Enterprise Products Operating LLC has chosen Honeywell UOP’s C4 Oleflex™ technology to produce 425,000 metric tons per year of isobutylene, which is used t...
McDermott Acquires Newly Built Deepwater Pipelay & Construction Vessel Amazon
United States >> 2/21/2017 - McDermott International, Inc. (NYSE:MDR) announced today it has acquired the newly built pipelay and construction vessel Amazon to better position the Company for ultradeepwater and SURF projects. <...
JDR Selected By US Wind to Supply Cables to US Offshore Wind Farms
United States >> 2/21/2017 - JDR, a leading supplier of subsea power cables and umbilicals to the global offshore energy industry, has been selected by US Wind Inc., as the preferred cable partner for its first offshore wind proj...
Petrus Resources Increases to Previously Private Placement
Canada >> 2/17/2017 - Petrus Resources Ltd. (Petrus) - Petrus has increased the size of its previously announced non-brokered private placement to up to 4,350,000 common shares of the Company (Common Shares) at a purchase ...
Questerre Closes $24 Million Private Placement
Canada >> 2/17/2017 - Questerre Energy Corporation (Questerre) has closed its previously reported private placement of 30.8 million Common Shares at NOK 5.00 or C$0.79 per Common Share for gross proceeds of NOK 154 million...
BP Weighing Upgrade of US Wind Turbines
United States >> 2/17/2017 - BP Plc is weighing plans to update as many as 200 of its U.S. wind turbines with newer, higher-capacity equipment, a move that would represent the company’s biggest investment in renewable energy sinc...
Xcel Energy Partners with FAA on Utility Drone Technology
United States >> 2/17/2017 - Xcel Energy announced today a partnership with the Federal Aviation Administration to research the safe operation of drone technology to inspect critical infrastructure. ...

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