More Oil & Gas News

Recognize industry know-how in US Arctic policies, API officials urge

US Arctic oil and gas policies should recognize the industry’s extensive global Far North experience and technology, American Petroleum Institute officials said.

Rosneft, BP sign upstream, downstream agreements

OAO Rosneft agreed to sell BP PLC a 20% share of Taas-Yuryakh Neftegazodobycha in eastern Siberia for $750 million.

Total sheds stake in German refinery

OAO Rosneft has completed a deal for the purchase of Total SA’s minority interest in the 11.5 million-tonne/year PCK Raffinerie GMBH refinery, located along Druzhba pipeline in Schwedt, Germany, about 120 km northeast of Berlin.

MARKET WATCH: NYMEX crude oil prices climb back above $60/bbl

Crude oil futures for July delivery rose modestly on the New York market to settle above $60/bbl in June 18 trading, marking its highest closing price in a week. Oil prices trading on the New York Mercantile Exchange have held within a narrow trading band for about 2 weeks, which analysts attribute to ample world oil supplies.

Fossil fuel protestors try to disrupt Natural Gas Roundtable event

Fossil fuel protestors tried to disrupt a June 18 Natural Gas Roundtable (NGR) luncheon on Capitol Hill where four US House members were describing efforts to develop energy legislation that Congress would pass and US President Barack Obama would sign into law. Compromise and cooperation will be essential, the House Natural Gas Caucus members agreed.

PBF Energy inks deal for Louisiana refinery, logistics assets

PBF Holding Co. LLC, a subsidiary of PBF Energy Inc., Parsippany, NJ, has entered an agreement with ExxonMobil Corp. and Petroleos de Venezuela SA (PDVSA) to purchase 100% of Chalmette Refining LLC, an ExxonMobil-PDVSA joint venture that operates a 189,000-b/d refinery in Chalmette, La., outside of New Orleans.

Gazprom, KMG extend Karachaganak supply contract to 2038

OAO Gazprom and JSC KazMunayGas (KMG) reported a contract extension to 2038 for supply from Karachaganak gas-condensate field in Kazakhstan.

Zion Oil & Gas makes executive appointments

Dallas independent Zion Oil & Gas Inc. has appointed Victor G. Carrillo as chief executive officer and Glen Perry as president and chief operating officer.

Axiall updates plans for Louisiana ethylene project

Axiall Corp. and South Korea’s Lotte Chemical Corp. have finalized joint-venture plans for the design, construction, and operation of a proposed 1 million-tonne/year ethane cracker to be built in Louisiana.

Wintershall to sell interests in five Norwegian fields

Wintershall Holding GMBH plans to sell interests in five Norwegian fields to Oslo-based Tellus Petroleum AS. The $602-million transaction is expected to close by yearend.

Judah named 2017 president of SPE

Janeen Judah, general manager of Chevron Corp.’s Southern Africa Business Unit, has been named 2017 president of the Society of Petroleum Engineers. She now serves as SPE vice-president of finance.

MARKET WATCH: NYMEX crude oil prices edge down on unchanged Fed policy

Crude oil futures for July delivery edged down slightly on the New York market June 17 to settle just above $59.90/bbl but prices jumped above $60/bbl in early June 18 trading as the value of the dollar fell against other currencies.

Beach exits Romania with sale of Block 28 interest

Beach Energy Ltd., Adelaide, reported that its wholly owned subsidiary, Beach Petroleum (CEE) SRL, has transferred its 30% interest in Block 28 Est Cobalcescu to the operator, Petroceltic Romania BV, a wholly owned subsidiary of Petroceltic International PLC, for “nominal consideration.”

MARKET WATCH: NYMEX crude oil prices rebound modestly awaiting inventory report

Crude oil futures for July delivery regained some ground on the New York market June 16 to settle at just under $60/bbl as market participants awaited news from the Federal Reserve and as well as the weekly government inventory numbers on US crude oil and product supplies.

Petrovietnam acquires Chevron assets in Vietnam

Petrovietnam has acquired Chevron Corp. assets in Vietnam for an undisclosed price. The deal includes a 42.38% operating interest in a production-sharing contract for Blocks B and 48/95, and a 43.4% operating interest in a PSC for Block 52/97, all offshore southwestern Vietnam.

Market Connections

https://external-careers-sodexoremote.icims.com/jobs/intro?hashed=-435831058&mobile=false&width=940&height=500&bga=true&needsRedirect=false&jan1offset=-360&jun1offset=-300

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers Full benefit package Must be able to work any shift, day, night and weekends,...
PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA. 14 ON 7 OFF. SEND RESUME TO BEATHJIM@YAHOO.COM
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...
Stay Connected