More Oil & Gas News

PHMSA orders Plains All American to keep Illinois pipeline shut down

The US Pipeline and Hazardous Materials Safety Administration issued a corrective action order directing Plains All American Pipeline LP to keep a southern Illinois crude oil pipeline and pumping station out of operation following a 100-bbl leak on July 10.

Advocates urge US to end its crude export ban in Iran agreement’s wake

Advocates called for removing the US ban on exports of domestically produced crude oil in the wake of the July 14 international nuclear weapons agreement with Iran that also would lift sanctions on that country’s crude sales.

Operators seen still able to raise capital

Oil and gas operators remain able to raise capital despite falling crude oil prices and, for many, deteriorating financial conditions, according to analysts at Moody’s Investors Service.

MARKET WATCH: NYMEX crude oil prices rise following news of Iran deal

Light, sweet crude oil prices settled higher on the New York market July 14 following overnight news that Iran reached a tentative agreement with international powers regarding its nuclear program, although that agreement has yet to be officially approved.

WPX Energy to buy privately held RKI E&P in $2.35 billion deal

WPX Energy Inc. agreed to buy privately held RKI Exploration & Production LLC of Oklahoma City for $2.35 billion in a move intended to help WPX produce more oil as the Tulsa independent shifts its focus from natural gas to oil.

US House panel grills PHMSA’s interim chief over pipeline safety delays

Members of a US House Energy and Commerce subcommittee asked US Pipeline and Hazardous Materials Safety Administration Interim Executive Director Stacy Cummings why several significant provisions of a federal pipeline safety law passed in 2011 have yet to be implemented (OGJ Online, Sept. 21, 2011).

Market seen balancing with OPEC at target

Target-level production of crude oil by members of the Organization of Petroleum Exporting Countries would balance the oil market in 2016, according to three key monitoring agencies.

MARKET WATCH: Crude oil futures prices settle lower on Iran uncertainty

Crude oil futures prices alternated between gains and losses in July 13 trading before settling lower on both the New York and London markets on uncertainty about the outcome of Iran’s talks with international powers regarding Iran’s nuclear program.

PHMSA issues state pipeline excavation damage prevention programs rule

The US Pipeline and Hazardous Materials Safety Administration issued a final rule to establish the process for evaluating state excavation damage prevention programs and enforcing federal standards in states where such requirements are inadequate or do not exist.

Halliburton, Baker Hughes agree to extend DOJ review of planned merger

Halliburton Co. and Baker Hughes Inc. reached a timing agreement with the US Department of Justice’s Antitrust Division to extend DOJ’s review of Halliburton’s proposed acquisition of Baker Hughes.

EIA’s estimates for state crude oil production to be helped by direct survey

Understanding how crude oil production in US key states has been affected by recent changes in crude oil prices and drilling activity is of great importance. Unfortunately, state-level production data published by the US Energy Information Administration and state agencies can differ, as EIA’s estimates anticipate and account for expected revisions to data collected by the states.

Russia’s Rosneft inks deal for stake in Indian refinery

OAO Rosneft has entered a preliminary agreement to purchase as much as 49% interest in Essar Energy PLC subsidiary Essar Oil Ltd., including its 20 million-tonne/year Vadinar refinery in Gujarat, India.

MPLX, MarkWest to merge in $15.8 billion deal

MPLX LP, a Findlay, Ohio-based master limited partnership (MLP) formed by Marathon Petroleum Corp. in 2012, and Denver-based MarkWest Energy Partners LP have agreed to a unit-for-unit merger deal in which MarkWest will become a wholly owned subsidiary of MPLX. The deal, valued at $15.8 billion in stock and cash excluding debt, is expected to close in the fourth quarter.

EPP completes acquisition of EFS Midstream

Enterprise Products Partners LP (EPP) said it has completed the purchase of EFS Midstream LLC from Pioneer Natural Resources Co. and Reliance Holding USA Inc.

BLM proposes updates to its oil, gas measurement requirements

The US Bureau of Land Management proposed regulations to ensure more accurate measurement, accountability, and royalty payments for oil and gas production from onshore federal and Indian oil and gas leases.

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,...
Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

Vantage Drilling is an international offshore drilling contractor which operates and manages a fleet of modern, high specification drilling rigs on...
Aramark We are seeking experienced applicants to fill openings we have in Offshore Catering for: Utility Hands and Prep Cooks  Having a TWIC card is a requirement for applying.  Applications can be done at: aramark.crewchange.com Questions?  Call 337-330-4100 Aramark is an Equal Opportunity Employer

Now Hiring: Offshore Utility Hands and Prep Cooks

We are seeking experienced applicants to fill openings we have in Offshore Catering for: Utility Hands and Prep Cooks Having a TWIC card is a requ...
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