More Oil & Gas News

GWPC report examines changes in states’ water protection rules

Regulatory agencies in 27 US states that produce 98% of the nation’s oil and gas have significantly increased exploration and production oversight and rules, the Ground Water Protection Council said in a recent report.

Pertamina appoints Husen interim president director

PT Pertamina has appointed Muhamad Husen interim president director, effective Oct. 1.

MARKET WATCH: NYMEX crude oil prices fall below $91/bbl

Crude oil futures prices on the New York market settled below $91/bbl on Oct. 1 and fell below $90/bbl in early trading on Oct. 2. Meanwhile in London, Brent crude oil prices hovered around $94/bbl.

Reworked LNG export policy should consider longer term, speaker says

The US should consider how a reformed LNG exports policy could help facilitate a longer-term transition to renewable and alternative energy sources, a former US Department of State official suggested.

NGSA forecasts lower winter gas prices on a combined analysis

In its 14th annual Winter Outlook assessment of the natural gas market, the Natural Gas Supply Association (NGSA) expects downward price pressure on the natural gas market compared with last winter.

TC PipeLines to acquire remaining interest in Bison Pipeline

TC PipeLines LP (TCPL) has agreed to acquire the remaining 30% interest in Bison Pipeline LLC from TransCanada Corp. for $215 million.

Lukoil Overseas appoints president

Lukoil Overseas Holding Ltd. has named Sergey Nikiforov as president. He previously served as senior vice-president for development and production.

MARKET WATCH: Crude oil futures dip on reported OPEC output level

Oil prices dropped steeply on the New York and London markets Sept. 30, which analysts largely attributed to a wire service story that the Organization of Petroleum Exporting Countries increased its output levels through higher production from Saudi Arabia and Libya.

FERC gives Dominion approval to build Cove Point LNG export project

The US Federal Energy Regulatory Commission gave Dominion Cove Point LNG LP authorization to build an LNG export facility on the Chesapeake Bay near Lusby, Md., east of Washington, DC.

Industry groups mixed as EPA releases 2013 GHG emissions inventory

Greenhouse gas emissions from more than 8,000 large US industrial sources totaled 3.18 billion tonnes of carbon dioxide equivalent in 2013, about half of total domestic GHG emissions, the US Environmental Protection Agency said in its fourth annual GHG inventory.

Oil & Gas UK report calls for greater collaboration offshore

The assurance of long-term future success for the UK’s offshore oil and gas industry will depend largely on greater collaboration among industry and government participants, according to Oil & Gas UK’s Economic Report 2014, released Sept. 30.

Edgo Energy gets two licenses in Tajikistan

Edgo Energy, Amman, has secured licenses to two blocks in Tajikistan near the border with Afghanistan.

PT Pertamina to acquire Malaysian assets for $2 billion

PT Pertamina Malaysia Eksplorasi Produksi has agreed to acquire 30% of the Malaysian oil and gas assets belonging to Murphy Sabah Oil Co. Ltd. and Murphy Sarawak Oil, both wholly owned subsidiaries of Murphy Oil Corp., for $2 billion in cash.

Statoil, Shell awarded shale license in Algeria

Algeria’s energy ministry has awarded Statoil ASA and Royal Dutch Shell PLC the 2,730-sq-km Timissit permit license in the Illizi-Ghadames basin in the southeast part of the country. The award is part of Algeria’s Fourth International Bid Round launched in January.

MARKET WATCH: NYMEX crude oil up more than $1/bbl

Crude oil prices rose more than $1/bbl on the New York market Sept. 29, and the premium of Brent crude over US light, sweet crude was less than $3/bbl as Brent for November delivery rose only modestly.

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Colorado School of Mines

Multiple Faculty Openings

Colorado School of Mines Petroleum Engineering Department invites applications for multiple full-time faculty positions.    
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Sale of Oil and Gas Leases

Notice of Sale of Oil and Gas Leases


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