Magellan Midstream to build Texas marine terminal

Magellan Midstream Partners LP plans to construct a high-capacity marine terminal along the Houston Ship Channel in Pasadena, Tex., to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels. Source: News


EIA: US oil companies closer to self-finance

As US oil companies’ spending falls and crude oil prices increase, their immediate financial situations are improving and the need for companies to find external sources of funding may decline. Source: News


EIA: US oil companies closer to self-finance

As US oil companies’ spending falls and crude oil prices increase, their immediate financial situations are improving and the need for companies to find external sources of funding may decline. Source: News


LaFehr named president of Baytex Energy

Ed LaFehr has been named president of Baytex Energy Corp., Calgary, effective July 18. He will report to James Bowzer, chief executive officer. Source: News


LaFehr named president of Baytex Energy

Ed LaFehr has been named president of Baytex Energy Corp., Calgary, effective July 18. He will report to James Bowzer, chief executive officer. Source: News


Eni group lets contract for Zubair water injection installation

A group led by Eni SPA awarded a water-injection installation contract worth about $60 million in the ongoing redevelopment of supergiant Zubair oil field in southern Iraq. Drake & Scull International PJSC announced July 18 that it received an engineering, procurement, and construction contract. Source: News


Eni group lets contract for Zubair water injection installation

A group led by Eni SPA awarded a water-injection installation contract worth about $60 million in the ongoing redevelopment of supergiant Zubair oil field in southern Iraq. Drake & Scull International PJSC announced July 18 that it received an engineering, procurement, and construction contract. Source: News


Saudi shipping firm to be top VLCC operator

National Shipping Co. of Saudi Arabia (Bahri) says it will become the world’s largest operator of very large crude carriers (VLCCs) following acquisitions by a shipping fund it’s launching with Arab Petroleum Investments Corp. (APICORP). Source: News