Leni Gas & Oil raises £7 million for Trinidad investmentJul 18, 2014Leni Gas & Oil has raised £7 million before expenses, by way of a Company arranged placing of 200 million new ordinary shares
Platts: Spot LNG prices for August delivery fell 26.5% from 2013 on oversupplyJul 18, 2014Prices of spot liquefied natural gas (LNG) for August delivery to Asia plummeted 26.5% year-over-year to an average $11.365 per
Sandvik and Tenaris sign new five-year strategic alliance agreementJul 18, 2014Sandvik and Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy
Further growth and investment at ACE WinchesJul 17, 2014ACE Winches reported turnover of £35.4million for the year ended 31 October 2013, a 14% increase on the previous year.
Petroamerica and Suroco complete plan of arrangementJul 17, 2014Petroamerica Oil Corp. and Suroco Energy Inc. say that the previously announced plan of arrangement under the provisions of the
Perpetual Energy confirms closing of East Edson Joint VentureJul 17, 2014Perpetual Energy Inc. has successfully closed the previously announced East Edson Joint Venture (the "East Edson JV"). Proceeds to
Sterling Resources to raise US$32 million through equity private placementJul 17, 2014Sterling Resources Ltd. has entered into agreements with certain existing shareholders to issue 71,579,746 new common shares at
Leni Gas acquires a producing oil field in TrinidadJul 17, 2014Leni Gas & Oil has signed a binding Heads of Agreement (HOA) to acquire a 100% interest of the producing Trinity-Inniss Field in south-eastern
Getech signs further clients to fund its new global multi-satellite gravity projectJul 17, 2014Getech has now signed further clients to fund its new global multi-satellite gravity project. In July 2013, the Company had funding in excess of £500k to
Adira Energy to arrange a non-brokered private placementJul 16, 2014Adira Energy Ltd. has arranged a non-brokered private placement of US$60,000 through the issue of 1,200,000 common shares of the
Blackbird Energy enters into farm out agreement at its Mantario oil projectJul 16, 2014Blackbird Energy Inc. has entered into a Farmout Agreement with a private oil and gas investment company (PrivateCo) to drill the first
American Midstream to acquire assets from DCP Midstream for $115 millionJul 16, 2014American Midstream Partners, LP has executed a Purchase and Sale Agreement with an affiliate of DCP Midstream, LLC ('DCP') to
Rawson shortlists firms to farm-out 2 exploration blocks in Otway BasinJul 16, 2014Rawson Resources Limited has met its first farm-out milestone and have closed the data room for its two Otway Basin exploration
Cardinal Energy to make significant entry into the Eagle Ford ShaleJul 15, 2014Cardinal Energy Group, Inc. has signed a Term Sheet laying out the specific terms and conditions precedent to a final Purchase & Sale
Noble Corporation Board of Directors approves spin-off of Paragon OffshoreJul 15, 2014Noble Corporation’s board of directors has approved the spin-off of Paragon Offshore plc, a wholly-owned subsidiary of Noble, through
Oando Energy Resources completes acquisition of Medal OilJul 15, 2014Oando Energy Resources Inc. has completed the acquisition of Medal Oil Company Limited (Medal Oil).
African Petroleum enters into an agreement with Buried HillJul 15, 2014African Petroleum Corporation has entered into an agreement with Buried Hill Africa Limited ('Buried Hill') to farm-out a 10% interest in
Halliburton to establish a Joint Venture with SPT Energy GroupJul 15, 2014Halliburton has signed an agreement with the SPT Energy Group Inc. affiliate, Petrotech (Xinjiang) Engineering Co., Ltd., to establish a
Rosneft acquires oil field services from Weatherford InternationalJul 15, 2014Rosneft President Igor Sechin and Vice President of Weatherford International plc. for Russia Lance Marklinger signed an agreement
Agility Group to sell Agility Projects to Wood GroupJul 15, 2014Agility Group has reached an agreement to sell Agility Projects to Wood Group for a total consideration of NOK 1,008m (approximately USD 164m).
Par Petroleum Corporation secures financing for acquisitionJul 15, 2014Par Petroleum Corporation has finalized the terms of a $125 million debt facility consisting of a $50 million Term Loan and a $75 million
Riverdale Oil and Gas Corporation acquires new producing oil interestJul 14, 2014Riverdale Oil and Gas Corporation announces a significant, new oil discovery, boosting the Company's oil and gas assets; and, the
KONGSBERG teams up with OMV to deliver global real-time drilling operations supportJul 14, 2014Kongsberg Oil & Gas Technologies AS, a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has signed a four-year,
Eni sells its stake in EEV to German EnBWJul 14, 2014Eni sells its stake in EnBW Eni Verwaltungsgesellschaft (EEV), equal joint venture which controls the companies Gasversorgung
