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Gazprom Neft, PetroVietnam further collaboration on Arctic prospect

Further to its exclusive talks on possible cooperation, JSC Gazprom Neft and PetroVietnam have set October as a tentative deadline for prioritizing prospects and terms for their partnership at Dolginskoye field and the Severo-Zapadnyi (North West) blocks in Russia’s Pechora Sea.

Rust named vice-president at WBI Energy

Jeff Rust has been named vice-president of operations at WBI Energy Inc., Bismarck, ND, succeeding Scott Fradenburgh, who will retire in July.

WoodMac: US record crude stocks set to decline

US crude oil stocks have grown more than 30 million bbl each month so far this year, leading to a series of record highs and most recently reaching an estimated 471 million bbl of crude on Mar. 27, yet Wood Mackenzie analysts calculate the US has about 200 million bbl of unused crude storage capacity.

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One more outlook to the pile

Reporting news to the oil and gas industry about the oil and gas industry is a serious business. It has to be. Seriousness is a tone that readers of Oil & Gas Journal have come to expect.

Climate delete key

Congress deserves support from the oil and gas industry for resisting President Barack Obama's commitment to the United Nations on emissions of greenhouse-gases (GHGs).

Companies slash capital budgets as oil price drop cuts cash flows

Oil and gas companies, whose basic commodity has lost more than half its value in half a year, have slashed budgets in an effort to pull spending back within sharply diminished cash flow.

E&P companies tapping equity markets

North American exploration and production companies tapped equity markets deeply in this year's first quarter to address financial problems created by the plunge in crude oil prices.

Analysts: Oil industry dealing with downturn better than years' past

Investment bankers and analysts entrenched in the oil and gas industry say companies have so far staved off the major negative impacts of the current industry downturn better than previous downturns by acting more proactively and aggressively.

Petrobras to exit Japanese refining business

Brazil's state-owned Petroleo Brasileiro SA (Petrobras) is initiating a plan to exit its Japanese refining business, which consists of wholly owned subsidiary Nansei Sekiyu KK’s 100,000-b/d Nishihara refinery on Japan’s southwestern island of Okinawa.

KKR, Fleur de Lis buy Wyoming carbon dioxide assets

KKR and Fleur de Lis Energy have acquired properties related to carbon dioxide enhanced oil recovery in the Powder River and Green River basins of Wyoming from Anadarko Petroleum Corp.

KMI, Keyera to build crude storage terminal near Edmonton

Kinder Morgan Inc. (KMI) and Keyera Corp. have formed a 50-50 joint venture to build the 4.8-million-bbl Base Line above-ground crude oil storage terminal near Edmonton, Alta.

Oman plans petcoke storage for Sohar refinery’s post-revamp production

Oman Oil Refineries & Petroleum Industries Co. (Orpic) has invited global firms to bid on an engineering, procurement, and construction contract for an installation to store and handle petroleum coke (petcoke) that will be produced following completion of a multibillion dollar modernization project under way its Sohar refinery, about 230 km northwest of the Omani capital of Muscat.

Alberta tells Duvernay operators to watch for seismic events

The Alberta Energy Regulator said oil and gas companies working in the Duvernay zone near the Fox Creek area are to monitor for seismic events, and companies are to take certain outlined actions in case a seismic event registers greater than 2.0 on the Richter scale.

EnLink Midstream enters Permian basin through acquisitions

EnLink Midstream made two acquisitions early this year to give it a position in the Permian basin. An EnLink subsidiary said it would buy LPC Crude Oil Marketing LLC, and then days later, EnLink agreed to acquire Coronado Midstream Holdings LLC, which owns gas-gathering systems and processing facilities.

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North Atlantic Refining

NOW HIRING: REFINERY MANAGER

Now Hiring: Refinery Manager. NARL Refining Limited Partnership (“NARL Refining” or the “Company”) owns and operates a 115,000-barrel-per-day oil r...
Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How to Apply: www.essgulf.com

Offshore Catering Jobs Available

Offshore Catering Jobs Available. Offshore Experience Required. Cooks, UTs (Housekeeper/Janitorial), Bakers (Pastry Chefs), Executive Stewards. How...
WASHINGTON STATE UNIVERSITY

FACULTY POSITION

The Gene and Linda Voiland School of Chemical Engineering and Bioengineering at Washington State University invites applications for the B. Wise Di...

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