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27Oct0 comments
Cenovus, Husky agree to $23.6-billion merger
Cenovus Energy Inc. and Husky Energy Inc. have agreed to merge in an all-stock transaction valued at $23.6 billion, inclusive…
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24Oct0 comments
India awards 11 blocks in OALP bid round V
India’s Directorate General of Hydrocarbons has awarded 11 blocks in India’s open acreage licensing policy bid round V. Seven blocks…
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24Oct0 comments
ARA Petroleum Tanzania operates Ruvuma PSA following farm in
ARA Petroleum Tanzania Ltd. completed farm-in of the Ruvuma petroleum sharing agreement in Tanzania when Ndovu Resources Ltd., a wholly…
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24Oct0 comments
Petrobras releases teaser for Carmópolis cluster sale
Petróleo Brasileiro SA Petrobras has initiated the process to sell a cluster of 11 onshore production concessions in various cities…
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23Oct0 comments
ACG partners let automation contract for Azeri Central East platform
BP has let a $14-million contract to Emerson to provide automation technologies for the new Azeri Central East offshore platform…
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23Oct0 comments
Central Petroleum signs agreements for gas sales and finance extension
Central Petroleum Ltd., Brisbane, signed agreements for the sale of 3.5 petajoules of gas from fields in the Amadeus basin…
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22Oct0 comments
EIA: US crude inventories down 1.0 million bbl
US crude oil inventories for the week ended Oct. 16, excluding the Strategic Petroleum Reserve, decreased by 1.0 million bbl…
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22Oct0 comments
Tullow moves closer to Uganda exit
Tullow Oil PLC expects to close its sale of Ugandan assets to Total in the coming days following recent governmental…
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21Oct0 comments
Pioneer to acquire Parsley in $4.5-billion deal
Pioneer Natural Resources Co. agreed to acquire Parsley Energy Inc. in an all-stock transaction valued at $4.5 billion as of…
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21Oct0 comments
Valeura to sell shallow conventional assets
Valeura Energy Inc., Calgary, a natural gas company with assets in the Thrace Basin of Turkey, agreed to sell its…
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20Oct0 comments
ADNOC sells 20% pipeline share to Abu Dhabi Pension Fund
Abu Dhabi National Oil Co. will receive a $2.1-billion investment from Abu Dhabi Pension Fund and ADQ, one of the…
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20Oct0 comments
ConocoPhillips to acquire Concho Resources for $9.7 billion
ConocoPhillips has agreed to an all stock deal to acquire Concho Resources for $9.7 billion. Including Concho’s net debt of…
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17Oct0 comments
Qatar progresses North Field expansion with Northern Offshore rig
Qatar Petroleum has progressed its North Field expansion project, commencing drilling operations utilizing Northern Offshore’s Energy Enticer. The jack up…
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17Oct0 comments
Petrobras starts binding phase of Alagoas cluster sale
Petrobras has commenced the binding phase regarding the sale of its entire stake in a set of seven onshore and…
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16Oct0 comments
Okea completes purchase of PL195 from Equinor
Okea ASA has purchased Equinor Energy’s 40% working interest in PL195 and PL195 B, including the Aurora discovery.
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16Oct0 comments
Amicus Petroleum formed via Tyrannex Energy, Tempus Energy merger
Tyrannex Energy Ltd. and Tempus Energy Ltd., portfolio companies of Annapolis Capital Ltd. have combined to form Amicus Petroleum Inc.
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16Oct0 comments
EIA: US crude inventories down 3.8 million bbl
US crude oil inventories for the week ended Oct. 9, excluding the Strategic Petroleum Reserve, decreased by 3.8 million bbl…
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15Oct0 comments
Chaparral exits Chapter 11 as private company
Chaparral Energy Inc. completed its financial restructuring and emerged from Chapter 11 as a private, non-SEC filing company.
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15Oct0 comments
Ilwella group to acquire Australian assets from Tag Oil
Luco Energy Pty. Ltd., owned by Ilwella Pty Ltd. and AJ Lucas Services, agreed to acquire Australian assets and operations…
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15Oct0 comments
Sound Energy receives Moroccan Sidi Moktar permit extension
Sound Energy received a 24-month extension to the initial period of the Sidi Moktar permits from L’Office National des Hydrocarbures…