News & Events

Industry News

Current Advertising

Industry News

Oil and Gas Journal's News & Analysis

Thu, 18 Apr 2019 16:13:00 GMT
Chrysaor to acquire ConocoPhillips’ UK oil and gas business for $2.675 billion

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
MARKET WATCH: Crude benchmarks drop despite lower US crude supplies

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
CAPP 'encouraged' by Alberta premier-elect

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
FERC staff issues final EIS for Gulf Liquefaction LNG project

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
IOCs recorded high reserve replacement, low F&D costs in 2018, analysis shows

Wed, 17 Apr 2019 17:51:00 GMT
Majors scoop up acreage in offshore Argentina bid round

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.