A consortium of Indian companies is to buy 23.9% of shares in a subsidiary of OJSC Rosneft. Source: News
Cidade de Caraguatatuba FPSO arrives in Lapa field offshore Brazil
The Cidade de Caraguatatuba floating production, storage, and offloading vessel has arrived in Petroleo Brasilierio SA-operated Lapa field in the Santos basin presalt, where the unit’s production system is slated to start up in August. Source: News
Triangle Energy to buy Cliff Head interest from AWE
Triangle Energy (Global) Ltd., Perth, has emerged as the buyer of AWE Ltd.’d 57.5% working interest in the producing Cliff Head oil field in the offshore North Perth basin of Western Australia. Source: News
Triangle Energy to buy Cliff Head interest from AWE
Triangle Energy (Global) Ltd., Perth, has emerged as the buyer of AWE Ltd.’d 57.5% working interest in the producing Cliff Head oil field in the offshore North Perth basin of Western Australia. Source: News
Marathon Oil to buy STACK-focused firm for $888 million
Marathon Oil Corp., Houston, has agreed to acquire PayRock Energy Holdings LLC, an Oklahoma City-based portfolio company of EnCap Investments LP, for $888 million. The deal, to be funded with cash-on-hand, is expected to close in the third quarter. Source: News
BP sanctions fast-track development of Egypt’s Atoll Phase 1
BP PLC and Egyptian Natural Gas Holding Co. (Egas) have sanctioned development of the Atoll Phase 1 project in the North Damietta offshore concession in the East Nile Delta. Source: News
BP sanctions fast-track development of Egypt’s Atoll Phase 1
BP PLC and Egyptian Natural Gas Holding Co. (Egas) have sanctioned development of the Atoll Phase 1 project in the North Damietta offshore concession in the East Nile Delta. Source: News
MARKET WATCH: NYMEX, Brent crude oil prices regain previous losses
Prices for light, sweet crude oil rebounded on the New York market after a 6-day losing streak on June 17, and the upward momentum continued in early June 20 trading. Brent crude oil prices on the London market were doing the same. Source: News
MARKET WATCH: NYMEX, Brent crude oil prices regain previous losses
Prices for light, sweet crude oil rebounded on the New York market after a 6-day losing streak on June 17, and the upward momentum continued in early June 20 trading. Brent crude oil prices on the London market were doing the same. Source: News
Climate leadership will chill Ontario’s energy consumers
In its Climate Change Action Plan published June 8, the provincial government refrains from pushing natural gas out of home heating by 2030. Source: News