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Financial
WPX begins delevering with Sale of Van Hook gathering systemSep 1, 2015WPX Energy has agreed to sell a North Dakota gathering system for approximately $185 million to a private equity fund managed
Meritum Energy Holdings acquires Pico PetroleumSep 1, 2015Meritum Energy Holdings, LP has completed the acquisition of Pico Petroleum, a propane and fuel distribution business in south Texas.
PTTEP sells 20% stake in Myanmar to MOECO, Palang SophonSep 1, 2015Australia’s Tap Energy (M7) Pte. Ltd (Tap Oil), in a joint venture with Smart E&P International Company Ltd., signed the production
MATCOR and CP Masters join forcesSep 1, 2015MATCOR, Inc., the full-service provider of proprietary cathodic protection products, systems, and corrosion engineering solutions
OEG Offshore merges with Gulf Coast oilfield equipment providerAug 31, 2015OEG Offshore, a provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry announces the merger of its US business with
Gazprom and OMV address preparations for shareholders’ agreement on Nord Stream IIAug 31, 2015The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee
Marsa Energy Inc. announces grant of optionsAug 31, 2015Marsa Energy Inc. says that, subject to regulatory approval, it has granted 970,000 options to purchase common shares of Marsa of which
Maurel & Prom eyes further merger after MPI dealAug 31, 2015The Boards of Directors of Maurel & Prom and MPI have unanimously approved the principle of a merger between the two companies
Americas Petrogas completes sale of subsidiary to TecpetrolAug 31, 2015Americas Petrogas Inc. has closed the previously announced sale transaction (the "Transaction") pursuant to which Tecpetrol
Independent Oil initiates plans to drill Skipper wellAug 31, 2015Independent Oil and Gas plc provides an update on its drilling plans on the Skipper licence and a funding update.
Candax Energy obtaines additional debt waiver extensionAug 28, 2015Candax Energy Inc. has obtained from Geofinance NV, major debtholder and shareholder of the Company, a further extension of 8 days
Freeport-McMoRan declares further spending cuts in response to market conditionsAug 28, 2015Freeport-McMoRan Inc. announced revised capital and operating plans in response to the recent decline in copper prices resulting
Galilee Energy completes ATP 529P acquisitionAug 28, 2015Galilee Energy Limited has successfully completed its acquisition of the remaining 50% interest in ATP 529P from AGL Energy Limited.
Platts: European refineries, enjoying healthy margins, may delay maintenanceAug 28, 2015With distillate margins having risen over the past month and gasoline still strong, European refineries may look to delay scheduled
Ikon Science extends the scope of its JV with PetroTrace GlobalAug 28, 2015Building on the existing Joint Venture linking the two companies, Ikon Science announces the availability of seismic data processing
Mart Resources terminates takeover by Midwestern Oil & GasAug 28, 2015Mart Resources, Inc. says that, under the terms of the Arrangement Agreement (as amended), Midwestern Oil and Gas Company
MOL Energy UK completes collaborative partnerships process with five companiesAug 28, 2015MOL Energy UK has completed its collaborative partnership process – an approach championed by MOL Energy UK Managing
Tap Oil signs PSC for highly prospective Myanmar BlockAug 28, 2015Tap Oil Limited has formalised its entry into Myanmar following the signing of the Production Sharing Contract for the shallow water Block
Total sells North Sea midstream assets for £585 millionAug 28, 2015Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million), subject to the customary approvals. “The sale of these midstream transportation assets is another example of Total’s strategy of active portfolio management and the strong potential to unlock value from a range of infrastructure assets,” said Patrick de La Chevardière, Chief Financial Officer at Total.
Sclumberger declares agreement to acquire CameronAug 27, 2015Schlumberger Limited and Cameron jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share.
Royal Energy to acquire coal assets in Northern Appalachia for $20 millionAug 26, 2015Royal Energy Resources, Inc. has signed a Letter Agreement to acquire the assets and infrastructure of two permitted mines in Northern Appalachia,
Encana reaches agreement to sell its Haynesville natural gas assetsAug 26, 2015Encana Corporation says that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Haynesville natural gas
Mosman updates on proposed acquisition of NZ producing oil and gas assetsAug 26, 2015Mosman Oil and Gas Limited provides further information on the proposed acquisition being the proposed acquisition of NZ producing oil and gas assets
Evolution Midstream secures $300 million equity commitment from EnCap Flatrock MidstreamAug 25, 2015Evolution Midstream, LLC announced an initial commitment of $300 million from private equity firm EnCap Flatrock Midstream (EnCap Flatrock)
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