The US Department of the Interior has published a final rule that industry groups fear will enable federal officials to second-guess oil and gas values used in royalty calculations. Source: News
EIA: US oil output fell 8% year-over-year in April
US crude oil production during April amounted to 8.933 million b/d, a decline of 2.5% from the March average and 7.9% from the April 2015 average, according to the US Energy Information Administration’s latest monthly production survey. Source: News
InterOil gets takeover bid to rival $2.2-billion offer from Oil Search
Papua New Guinea exploration company InterOil Corp. has received another takeover offer, this time from an unnamed bidder. The offer poses a rival bid to the friendly $2.2-billion offer received from Oil Search Ltd. in May. Source: News
InterOil gets takeover bid to rival $2.2-billion offer from Oil Search
Papua New Guinea exploration company InterOil Corp. has received another takeover offer, this time from an unnamed bidder. The offer poses a rival bid to the friendly $2.2-billion offer received from Oil Search Ltd. in May. Source: News
Cedigaz: Global gas demand to rise 1.6%/year over 2014-35
Worldwide natural gas demand is expected to rise 1.6%/year during 2014-35, driven by emerging markets, electric power generation, and industry, according to a recent outlook from Cedigaz. Source: News
Kris Energy names Macdonald interim chief executive officer
Jeffery S. Macdonald is assuming the role of interim chief executive officer of Kris Energy Ltd. He succeeds Keith Cameron, who is retiring. Source: News
Kris Energy names Macdonald interim chief executive officer
Jeffery S. Macdonald is assuming the role of interim chief executive officer of Kris Energy Ltd. He succeeds Keith Cameron, who is retiring. Source: News
Tangguh LNG partners reach FID for expansion in Indonesia
Partners in the Tangguh production-sharing contract have taken a final investment decision (FID) for development of the Tangguh LNG expansion project in the Papua Barat province of Indonesia. Source: News
Tangguh LNG partners reach FID for expansion in Indonesia
Partners in the Tangguh production-sharing contract have taken a final investment decision (FID) for development of the Tangguh LNG expansion project in the Papua Barat province of Indonesia. Source: News
Kansas refinery remains at reduced rates
Production rates remain below normal levels at CVR Refining LP subsidiary Coffeyville Resources Refining & Marketing LLC’s (CRRM) 115,000-b/d refinery at Coffeyville, Kan., amid an ongoing outage on Magellan Midstream Partners LP’s 8-in. refined products pipeline. Source: News