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Parsley Energy adds Permian basin acreage

Aug 26, 2014

Parsley Energy Inc., Midland, Tex., has agreed to buy from “multiple sellers” undeveloped and productive acreage in Reagan County, Tex., for a total of about $252 million.

MARKET WATCH: NYMEX crude oil prices slip pending inventory report

Aug 26, 2014

Crude oil futures prices slipped modestly on the New York market Aug. 25, and analysts said traders expected a weekly government oil report scheduled for release Aug. 27 to show a gain in supplies at the hub at Cushing, Okla.

CERI: Market access key to Canadian bitumen output

Aug 25, 2014

Outcomes in two areas of critical uncertainty can mean a difference in Canadian bitumen production in 2030 of 1.7-1.8 million b/d, according to a study published by the Canadian Energy Research Institute.

MARKET WATCH: Crude oil futures close week modestly lower

Aug 25, 2014

Crude oil futures prices closed out the week ended Aug. 22 modestly lower after staging a bit of a recovery midweek (OGJ Online, Aug. 22, 2014).

Earthquake interrupts operations at Chilean refinery

Aug 25, 2014

Chile’s Empresa Nacional del Petroleo (Enap) has halted partial operations at its 104,000-b/d Aconcagua refinery at Concon, Chile, following an Aug. 23 earthquake in the Valparaiso region along the country’s Pacific coast, the state-owned company said.

Canada’s NEB to hear Aboriginal viewpoint on Trans Mountain expansion

Aug 22, 2014

Canada’s National Energy Board will hear the viewpoint of Aboriginal groups on the Trans Mountain expansion project on Aug. 25 in Edmonton, the first of four scheduled hearings through Nov. 28.

MARKET WATCH: Oil futures prices gain ground after steep fall early in week

Aug 22, 2014

Crude oil futures prices continued to gain traction after falling steeply earlier this week.

Tesco appoints new president, chief executive officer

Aug 22, 2014

Tesco Corp., Houston, has named Fernando R. Assing, currently executive vice-president and chief operating officer, as the company’s next president and chief executive officer. Assing will succeed Julio M. Quintana, who will retire Jan. 1, 2015.


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