Current Headlines

  1. McDermott Awarded Sizeable Offshore Engineering Contract By Qatar Petroleum
    7/11/2019

    McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* contract by Qatar Petroleum (QP) to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion (NFE) project.

  2. Cenovus Achieves Landmark Business Milestone
    7/11/2019

    Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that on July 10, 2019 the company reached one billion barrels of cumulative production from its Foster Creek and Christina Lake oil sands facilities in northern Alberta.

  3. LNG Export Facility Subject Of Two Legal Actions
    7/11/2019

    The Delaware Riverkeeper Network filed a hearing request with the Delaware River Basin Commission (DRBC) this morning formally requesting that the agency revisit its June 12 approval of a docket for the Delaware River Partners, LLC (“DRP”) Gibbstown Logistics Center Dock 2 project.

  4. EPA’s Methane Challenge Partners Are Leading The Oil And Gas Industry In Efficiency And Emissions Reductions
    7/11/2019

    Today, the U.S. Environmental Protection Agency (EPA) published new data showing that in 2017 oil and gas companies that participated in EPA’s Natural Gas STAR Methane Challenge Program reduced methane emissions equivalent to nearly 1 million metric tons of carbon dioxide – all through voluntary actions to reduce emissions from key sources across their operations.

  5. Total Divests Assets In The UK To Petrogas
    7/10/2019

    Total has signed an agreement to divest several UK non-core assets to Petrogas NEO UK Ltd, the exploration and production arm of the Oman-based conglomerate MB Holding. Petrogas has partnered with Norway-based private equity investor HitecVision.

  6. CNOOC China Limited Signs Cooperation Framework Agreement With Sinopec Corp.
    7/10/2019

    CNOOC Limited (the "Company", SEHK: 00883,NYSE: CEO, TSX: CNU) announced today that CNOOC China Limited, its subsidiary, has signed a Cooperation Framework Agreement with China Petroleum & Chemical Corporation ("Sinopec Corp.") regarding the sea areas of Bohai, Beibu Gulf and South Yellow Sea, as well as North Jiangsu Basin.

  7. Total And IFPEN Team Up To Accelerate Carbon Reduction R&D
    7/9/2019

    IFP Energies Nouvelles (IFPEN) and Total (Paris:FP) (LSE:TTA) announce that they signed a strategic R&D partnership yesterday, that includes an agreement to endow a chair at the IFP School, on carbon capture, utilization and storage (CCUS) and technologies to curb CO2 emissions. The roughly €40M partnership covers a period of five years.

  8. Siemens' Gas Turbine Generator Packages To Power Eni Mexico Area 1 FPSO Of MODEC
    7/9/2019

    Siemens will provide MODEC with three 34-megawatt (MW) SGT-A35 gas turbine power generation packages that will power MODEC's floating production, storage, and offloading (FPSO) vessel.

  9. Baker Botts Obtains Denial Of Class Certification In Lawsuit Over Eagle Ford Oil And Gas Royalties
    7/9/2019

    The United States District Court for the Southern District of Texas denied class certification last week in a putative oil and gas royalty class action against Baker Botts client Talisman Energy USA, Inc., which alleged misallocation of production and underpayment of royalties in the company’s Eagle Ford shale operations.

  10. Republic Provides A $2.0M Growth Factoring Facility To Texas-Based Oil Field Staffing Firm
    7/9/2019

    When a Texas-based temporary staffing company received two new contracts with large energy production companies, they sought a payroll funding expert to support their growth.