Eni SPA has signed production-sharing contracts for Blocks MD2 and MD4 offshore Myanmar following participation in the country’s International Bid Round launched in 2013.
Enterprise Products Partners LP (EPP) has selected AJ Teague to succeed the retiring Michael A. Creel as chief executive officer at yearend.
Kirkland as executive vice-president , upstream. Kirkland, who also serves as vice-chairman, will retire from the company effective June 15. Johnson will report to John Watson, chairman and chief executive officer. Johnson joined Chevron in 1981
With Saudi Arabia reluctant to cut production, crude oil prices over the next decade depend greatly on producers’ costs, says a veteran observer of oil markets and the Middle East.
000 ft of water in the Moattama basin. RIL won two out of three bids, the company said. United National Resources Development Services Co. Ltd., a Myanmar company , will hold the remaining interest in the block. Myanmar’s Ministry of
much as $500 million from Warburg Pincus affiliates as an independent oil and gas company focused on the US Midcontinent and Rocky Mountain regions. “The company will focus on plays with large amounts of hydrocarbons in place and low recovery factors
Rex Energy Corp., State College, Pa., has entered a joint venture agreement with an affiliate of ArcLight Capital Partners LLC for the joint development of 32 wells in western Pennsylvania.
Security problems have forced DNO ASA , Oslo, to suspend production in Yemen. The company had been producing a combined 1,950 b/d of oil, 950 net to its working interests, from Blocks 32 and 43, both of which it
Crude oil prices fell modestly in New York and London on Mar. 30 and in early trading Mar. 31 as investors anticipated a resolution to Iranian nuclear talks.
Maryland Attorney General Martin E. Frosh (D) said he strongly opposes proposed oil and gas activity on the Mid-Atlantic US Outer Continental Shelf in comments submitted to the US Bureau of Ocean Energy Management.