UK OGA launches 30th offshore licensing round The UK Oil & Gas Authority (OGA) has opened the 120-day offer period for its 30 th offshore licensing round, which will close on Nov. 21. Award decisions...
BLM proposes to rescind its 2015 frac rule The US Bureau of Land Management proposes to rescind its 2015 rule on hydraulic fracturing of oil and gas wells on federal and Indian land.
QEP selling Wyoming gas assets for $777.5 million QEP Energy Co., a wholly owned subsidiary of Denver-based QEP Resources Inc., is selling natural gas assets in southwest Wyoming in two deals worth a combine...
ExxonMobil discovers additional oil offshore Guyana Exxon Mobil Corp. has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million o...
Anadarko cuts 2017 spending by $300 million Anadarko Petroleum Corp., The Woodlands, Tex., plans to reduce its full-year 2017 capital investment by $300 million to $4.2-4.4 billion.
Ethanol bill stalls in Senate committee The US Senate will not vote soon on legislation opposed by oil industry groups that would have permitted elevated concentrations of ethanol in gasoline.
Aquaterra signs investment deal with EV Aquaterra Energy, a global offshore engineering solutions provider, has secured a multi-million pound investment from EV Private Equity.
FERC issues favorable EIS for Atlantic Coast Pipeline The US Federal Energy Regulatory Commission has issued a final environmental impact statement for the proposed 600-mile, 1.5-bcfd underground Atlantic Coast ...
1Derrick US M&A weekly update 1Derrick gives OGFJ readers a snapshot of oil and gas industry M&A activity for the week of July 17 to July 21.
Brazos Midstream completes credit facility expansion Brazos Midstream Holdings LLC’s subsidiary, Brazos Delaware LLC, has completed an expansion of its senior credit facility to $150 million in commitments from...
Watching Government: Energy: 'Made in America' Not too surprisingly, the major ceremonies for the Trump administration's "Made in America" celebration July 17-21 were away from the US Department of the In...
BP chief charts energy, emission course Operational excellence, product sustainability, and collaboration should be goals of an oil and gas industry needing to supply growing amounts of energy whil...
IEA notes declining confidence in oil market Brent crude oil prices have closed below $50/bbl each day since early June and few investors expect a recovery anytime soon, the International Energy Agency ...