Plains All American Pipeline closes $1.6 billion private placementJan 29, 2016Plains All American Pipeline, L.P. has closed the previously announced sale of approximately 61 million units of a newly authorized series of 8% perpetual Series A Convertible Preferred Units
Victoria Oil & Gas declares 2016 operations outlookJan 29, 2016Victoria Oil & Gas Plc declares a 2016 Operations Outlook for VOG and Gaz Du Cameroun S.A ('GDC') the Company's wholly-owned subsidiary and operator of the 60% owned
Penn West Petroleum declares 2016 capital budgetJan 29, 2016Penn West Petroleum Ltd. says that the Board of Directors has approved a highly disciplined capital budget of $50 million for 2016.
Enbridge acquires Montney natural gas assets from Murphy Oil Corp.Jan 29, 2016Enbridge Inc. agrees the $538 million acquisition of Tupper Main and Tupper West gas plants and associated pipelines in northeastern B.C., from the Canadian subsidiary of Murphy Oil Corporation (Murphy).
Independent Oil and Gas confirms extension of Skipper licenceJan 29, 2016Independent Oil and Gas says that following discussions with the UK Oil & Gas Authority, the Skipper Licence P1609 Block 9/21a has been formally extended until 31 December 2016.
Oil & Gas UK welcomes Prime Minister's support for industry and city dealJan 29, 2016Deirdre Michie, chief executive of Oil & Gas UK, said: 'We very much welcome Prime Minister David Cameron's visit to Aberdeen and his recognition of the seriousness of our situation.
VAALCO Energy to explore strategic alternativesJan 28, 2016VAALCO Energy, Inc. says that its Board of Directors has formed a strategic committee to explore a range of strategic alternatives to further enhance shareholder value.
Carnarvon Petroleum secures 35% stake in Retention License TR/3Jan 28, 2016Carnarvon Petroleum Limited has secured a 35 percent interest in retention license TR/3 offshore Western Australia, containing the previously discovered Blencathra oil resource, WA-155-P
Shell shareholders vote in favour of the recommended combination between Shell and BGJan 28, 2016Royal Dutch Shell plc declares the poll result from General Meeting held at the Circustheater, Circusstraat 4, 2586 CW, The Hague, The Netherlands.
AWE sells US Shale assets for $190 millionJan 28, 2016AWE Limited has entered into an agreement to sell its 10% working interest in the Sugarloaf Area of Mutual Interest (AMI) to Carrier Energy Partners II, LLC (CEP II), for cash
Hess Corporation reduces 2016 E&P capital budgetJan 27, 2016Hess Corporation has declared a 2016 E&P capital and exploratory budget of $2.4 billion, a 40 percent reduction from its 2015 actual spend of $4.0 billion and approximately 20 percent
Williams and Williams Partners declare 2016 capital planJan 27, 2016Williams and Williams Partners has declared Williams Partners 2016 growth capital funding needs total $2 billion, down approximately $1 billion, or 32 percent,
Royal Energy to acquire control of Rhino Resource PartnersJan 27, 2016Royal Energy Resources, Inc. has entered into a Securities Purchase Agreement with Wexford Capital, LP, and certain of its affiliates (collectively, 'Wexford'), under which
Painted Pony reduces 2016 capital spending programJan 27, 2016Painted Pony Petroleum Ltd. says that due to further realized capital efficiencies, the 2016 capital spending program has been reduced by 8% to $197 million from a
Air Energi and Swift Worldwide combine in strategic mergerJan 27, 2016Air Energi Group Limited and Swift Worldwide Resources Limited have merged to form Airswift Holdings Limited, a $1.2bn turnover company specialising in global workforce solutions for
Amerisur Resources acquires Platino EnergyJan 27, 2016Amerisur Resources has acquired Platino Energy (Barbados) Ltd, a private company, from COG Energy for a total consideration of US$7MM.
Sound Energy acquires further interest in Sidi Moktar licencesJan 27, 2016Sound Energy has reached heads of agreement with PetroMaroc Corporation Plc in respect of Sound Energy's acquisition of PetroMaroc's 50% operated interest in three onshore
Union Jack Oil acquires interest in PEDL209 and the Laughton prospectJan 27, 2016Union Jack Oil plc has entered into an agreement with Egdon Resources plc, to farm-in to the conventional prospects only of PEDL209 containing the Laughton Prospect.
Krewe Energy acquires Lapeyrouse fieldJan 26, 2016Krewe Energy, LLC recently completed the acquisition of 100% of Castex Energy's interest in the Lapeyrouse Field located in Terrebonne Parish, Louisiana. Simultaneous to the Castex
Modal Training invests in advanced suite of Kongsberg Maritime simulatoJan 26, 2016Modal Training, the first organisation in the UK to offer integrated, multimodal logistics training, has invested in a full suite of advanced ship, offshore vessel, engine room and radar simulators
Nostra Terra Oil & Gas updates on East Ghazalat concessionJan 26, 2016Nostra Terra says that North Petroleum International Company, owner of the other 50% interest and operator in East Ghazalat, has served a notice of default pursuant to the terms of the JOA
PDi acquired by Tattva International Holdings Pte LimitedJan 26, 2016Aberdeen headquartered engineering consultancy Project Development International Ltd (PDi), declared it is under new ownership following an acquisition by Tattva
MX Oil receives offer for Nigerian investmentJan 26, 2016MX Oil previously had received expressions of interest to acquire all or part of its Nigerian investment or to invest into the underlying asset directly alongside the Company.
Northern Petroleum completes acquisition of Canadian production and reserves assetsJan 25, 2016Northern Petroleum confirms that the acquisition of the Canadian production and reserves assets announced on 12 November 2015 has now completed. T
