More Companies News

Harvest negotiating sale of Gabon interest

Harvest Natural Resources Inc., already in negotiations for a restructuring of ownership, said a wholly owned subsidiary has begun exclusive discussions for sale of a two-thirds interest in the Dussafu Permit offshore Gabon

Calgary firms to recapitalize Brazil Reconcavo explorer

Pacific Rubiales Energy Corp. will acquire Petrominerales Corp. in a transaction valued at $1.6 billion (Can.) and will capitalize it in Calgary as ExploreCo with $100 million (Can.) in cash and all Petrominerales assets in Brazil.

Par Petroleum unit closes purchase of Tesoro Hawaii refinery

Hawaii Pacific Energy LLC, a subsidiary of Houston-based Par Petroleum Corp., has finalized its acquisition of Tesoro Hawaii LLC from Tesoro Corp. for $75 million in cash plus market value of net working capital and a contingent earnout payment of up to $40 million.

Rosneft to buy Enel stake in Arctic Russia in $1.8 billion deal

OAO Rosneft has agreed to acquire a 40% stake in Arctic Russia BV from Italian power company Enel for $1.8 billion.

Apache reorganizes executive positions

Houston independent Apache Corp. has made several changes to its executive organization, effective Jan. 1, 2014.

Tribunal supports Chevron in Ecuador case

An international tribunal has determined that agreements signed by the government of Ecuador in 1995 and 1998 released Texaco Petroleum Co., now part of Chevron Corp., from environmental liability for land on which it once produced oil.

Apache to sell Canadian oil, gas assets for $112 million

Apache Corp. has agreed to sell certain oil and natural gas producing properties in Canada in two separate transactions for a combined total of $112 million.

OGJ Newsletter

International news for oil and gas professionals

Industry made 49% of total 2000-12 GHG control outlays, study says

The US oil and gas industry made nearly half the total North American investments in greenhouse gas emissions technologies from 2000 to 2012, research commissioned by the American Petroleum Institute found.

Sea Dragon to sell stake in Egypt Kom Ombo concession

An undisclosed private company will acquire the entire 50% interest held by a unit of Sea Dragon Energy Inc., Calgary, in the Kom Ombo concession in the Kom Ombo basin in southern Egypt.

Harvest Natural Resources discussing sale, spinoff

Harvest Natural Resources Inc., Houston, has begun exclusive negotiations for the sale of its outstanding shares to the Venezuelan subsidiary of Pluspetrol SA, Buenos Aires.

Sonangol to buy offshore Angola interest from Marathon Oil

Sonangol EP agreed to buy Marathon Oil Corp.’s 10% interest in offshore Angola Block 32 for $590 million, and Marathon said it also plans to buy 4,800 net acres in South Texas Eagle Ford for $97 million.

Sinopec to buy 33% of Apache's Egypt operations for $3.1 billion

Apache Corp. reported after markets closed Aug. 29 that it will form a global upstream partnership with Sinopec International Petroleum Exploration & Production Corp. to pursue oil and gas projects.

OGJ Newsletter

International news for oil and gas professionals

EnerJex, Black Raven merger involves Colorado's third-largest oil field

The acquisition of private Black Raven Energy Inc., Denver, by EnerJex Resources Inc. would create a combined entity that owns most of Colorado's third-largest oil field and substantial other interests in the Denver-Julesburg basin.

Market Connections

IMC Global

Payment Clerk & Office Asst.

IMC is offering a position of Payment Clerk & Office Asst. Earn extra income, Flex. schedule + benefits that takes only little of your time. Re...
Montana Tech

Mechanical Engineering Asst/Assoc Professor

Mechanical Engineering Asst/Assoc Professor; The successful candidates will be responsible to teach undergraduate and graduate Mechanical Engineer...
Missouri University of Science and Technology/Geological Sciences and Engineering Department is NOW HIRING: Assistant/Associate Professor of Petroleum Engineering in Reservoir Characterization.

Assistant/Associate Professor of Petroleum Engineering in Reservoir Characterization

Missouri University of Science and Technology/Geological Sciences and Engineering Department is NOW HIRING: Assistant/Associate Professor of Petrol...
idahodepartmentofland

STATE OF IDAHO NOTICE OF SALE OF OIL AND GAS LEASES

NOTICE IS HEREBY GIVEN that the State Board of Land Commissioners of the State of Idaho, pursuant to IDAPA 20.03.16, will offer oil and gas leases ...
Increas YOUR Foundational Knowledge of Oil & Gas

Optimizing Careers for Oil and Gas Leaders Through Professional Short Courses at Colorado School of Mines

Optimizing Careers for Oil and Gas Leaders Through Professional Short Courses at Colorado School of Mines

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Offshore Middle East Conference & Exhibition

January 26, 2015
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