Oil and Gas Journal's News & Analysis
Thu, 18 Apr 2019 16:13:00 GMT
Chrysaor E&P Ltd. has agreed to purchase the United Kingdom oil and gas business of ConocoPhillips for $2.675, increasing Chrysaor’s pro forma 2018 production to 177,000 boe/d to become one of the largest oil and gas producers in the UK North Sea.
Thu, 18 Apr 2019 15:04:00 GMT
Light sweet crude prices on the New York market and Brent crude prices on the London market both fell to settle lower Apr. 17 despite the US Energy Information Administration’s weekly inventory report that showed the first weekly decline in US crude supplies in a month.
Thu, 18 Apr 2019 14:37:00 GMT
The Canadian Association of Petroleum Producers greeted the United Conservative Party’s Apr. 16 election victory in Alberta by saying it is “encouraged by Premier-elect Jason Kenney’s commitment to the oil and natural gas industry.”
Wed, 17 Apr 2019 22:00:00 GMT
The proposed Gulf Liquefaction LNG Project would have some adverse environmental impacts which could be reduced to less-than-significant levels if recommended mitigation measures are implemented, the Federal Energy Regulatory Commission’s staff said on Apr. 17 in a final environmental impact statement.
Wed, 17 Apr 2019 21:31:00 GMT
Wed, 17 Apr 2019 17:51:00 GMT
Units of ExxonMobil Corp., Equinor, and Wintershall were among the companies that submitted winning bids in Argentina’s Apr. 16 licensing round—the first open bid round for Argentinean offshore acreage in more than 20 years—where 38 blocks were on offer, 18 of which were licensed.