Shell takes final investment decision to build Solvent Deasphalter unit at Pernis refinery in the NetherlandsDec 9, 2015Shell has taken the final investment decision to build a major new unit at the Pernis refinery in Rotterdam, the Netherlands. The Solvent Deasphalter (SDA) unit will remove heavier fractions from crude oil, allowing the refinery to upgrade a larger proportion of its oil intake into lighter, high-grade products.
Fluor Corporation agrees to acquire Stork Holding B.VDec 8, 2015Fluor Corporation has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100 percent of Stork Holding B.V., based in the Netherlands, for an investment of €695 million ($755 million).
Douglas Westwood and Hannon Westwood unite as part of the ESIA group of companiesDec 8, 2015Energy Software Intelligence Analytics has completed the acquisition of Douglas Westwood Limited. The acquisition of Douglas Westwood represents ESIA's next step in delivering a growth strategy for the company
BlackPearl Resources renews its $150 million credit facilitiesDec 8, 2015BlackPearl Resources Inc. is pleased to announce the renewal of its credit facilities and provide initial 2016 guidance for the Company.
Trinity reaches agreement with LGO Energy over cancelled sale of interests in Tabaquite BlockDec 8, 2015Trinity provides an update on the status of the Sale and Purchase Agreement signed in November 2014 with LGO Energy plc to sell Trinity's interests in Tabaquite E&P Company Limited.
Independent Oil and Gas updates on Skipper well fundingDec 8, 2015Independent Oil and Gas is pleased to provide the following funding and operational update regarding the upcoming appraisal well on Skipper.
CGG decides implementation of the transformation planDec 8, 2015After careful review of the different options to address the Company’s financing needs as announced on November 5 2015, CGG intends to launch a capital increase to finance in particular the Group’s Transformation Plan.
Providence Resources to increase equity stake in SEL 2/11 to 100%Dec 7, 2015Providence Resources has agreed to increase its equity stake to 100% in Standard Exploration Licence (SEL) 2/11 with the assignment of a 50% interest from its partner, PSE Seven Heads Limited, which is a wholly
KazMunaiGas updates 2016 budget and 2016-2020 business planDec 7, 2015JSC KazMunaiGas Exploration Production announces the approval by the Board of Directors of the Company's 2016 budget and 2016-2020 business plan which assume the average annual Brent price of US$40.1 per
Judgment in favour of Eclairs v. JKX Oil & Gas plcDec 7, 2015The Supreme Court of the United Kingdom has ruled in favour of Eclairs Group Ltd. in allowing its appeal against the Board of JKX Oil & Gas plc's use of its Articles to suspend Eclairs' right to vote at general meetings
Another EUR 5.1 million to Minesto¹s Deep Green technologyDec 7, 2015Marine renewable energy company Minesto, has together with eight partners received EUR 5.1 million, to develop the Deep Green technology within a project named PowerKite. The project will be
Lime Petroleum acquires additional 10% share in PL707Dec 7, 2015Hibiscus Petroleum says that Lime Petroleum Norway AS ('Lime Norway'), a company in which its jointly-controlled entity, Lime Petroleum Plc is a shareholder, has informed the Company on 3 December 2015 that it has entered
Suncor Energy extends Canadian Oil Sands offer to January 8, 2016Dec 7, 2015Suncor Energy has extended its offer to Canadian Oil Sands Limited ('COS') shareholders. Suncor will file a corresponding notice of extension to formally extend the expiry time of its offer to 6:00 p.m. MT
Norwegian Petroleum Directorate: 26 companies apply for exploration acreageDec 7, 2015The application deadline for production licences in the 23 licensing round expired on 2 December, and 26 companies had applied for exploration acreage by the end of the deadline.This licensing round comprises 57 announced blocks or parts of blocks, 3 of which are in the Norwegian Sea and 54 in the Barents Sea. 34 of the announced blocks are situated in the newly opened area in the south-eastern Barents Sea, and many of the applications target this acreage in particular.
CNOOC Limited signs PSC with HuskyDec 4, 2015CNOOC Limited says that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with Husky Oil Operations (China) Limited (Husky) for Block 15/33
DNO confirms Kurdistan paymentDec 4, 2015DNO ASA, the Norwegian oil and gas operator, confirmed receipt of USD 30 million to be shared pro-rata with its partner Genel Energy plc as a partial payment towards oil exported from the Tawke field
AEP gets FIRB approval for farmout agreementDec 4, 2015Armour Energy Ltd. says that American Energy Partners LLP (AEP) has received Foreign Investment Review Board (FIRB) approval for AEP’s proposal to acquire a 75 percent interest in Armour’s McArthur Basin
Wood Group acquires The Infinity Group for an initial consideration of $150 millionDec 4, 2015Wood Group has agreed to acquire The Infinity Group (Infinity), a privately owned Texas Gulf Coast industrial construction and maintenance contractor serving the petrochemical, refining and gas processing sectors,
Providence Resources to acquire a 60% interest in Offshore Petroleum Lease 1Dec 4, 2015Providence Resources says that through its wholly owned subsidiary, Exola Limited, Providence has entered into an exclusive option agreement with PSE Kinsale Energy Limited over the southern portion of
Statoil seeking new acreage on the Norwegian Continental ShelfDec 4, 2015Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. It is expected that the Ministry of Petroleum and Energy will announce the awards late first half of 2016. The round represents the first opening of new acreage on the Norwegian continental shelf (NCS) since 1994. Statoil’s application aims to significantly contribute to the company’s ambition for 2030 and beyond.
Rosneft closes acquisition of 16.67% share in PCK Raffinerie GmbH from TotalDec 3, 2015Rosneft and Total have closed the sale and purchase transaction concerning the 66.67% share in AET-Raffineriebeteiligungsgesellschaft mbH, representing a 16.67% effective share in PCK Raffinerie GmbH (Germany).
MX Oil qualifies for onshore Mexico bidDec 3, 2015MX Oil plc has been notified by the National Hydrocarbons Commission ('CNH') that the Company, together with its partner Geo Estratos ('Geo'), has pre-qualified to participate in the third phase of the Bid Round 1 Licensing
Marksmen plans to complete proposed private placementDec 3, 2015Marksmen Energy Inc. plans to complete a non-brokered private placement of up to 10,000,000 common shares (the "Common Shares") of Marksmen at a price of $0.08 per share for aggregate gross proceed
Gulf Keystone receives a gross payment of US$15 millionDec 3, 2015Gulf Keystone Petroleum is pleased to confirm that a gross payment of US$15 million (US$12 million net to Gulf Keystone) has been received by the Company.
