More Petroleum News


Petroleum News including Oil Exploration, Production, Offshore Oil Drilling, Refining, Pipeline News & Resources and Oil & Gas Industry News

More Oil & Gas News

GE finances acquisition of oil and gas services provider

Sep 12, 2014

GE Antares announced it is serving as administrative agent to support the acquisition of Uintah Engineering & Land Surveying by Norwest Equity Partners. 

EIA: Despite decline in some regions, world oil consumption still seen rising

Sep 12, 2014

The largest potential for growth in demand for liquid fuels lies in the emerging economies of China, India, and countries in the Middle East. 

Surface coating technologies cuts time, saves money

Sep 12, 2014

In the oil and gas industry, time on the job can quickly become money down the drain if wells are not delivered efficiently.  

Eaton encourages operators to make savings at Aberdeen Technology Day

Sep 12, 2014

Power management company Eaton today hosted its first ever Oil & Gas mobile technology day in Aberdeen. 

Statoil assessing offshore opportunities in Nicaragua

Sep 12, 2014

Statoil signed a Petronic-Statoil cooperation agreement with the intention to find ways to cooperate in oil and gas activities offshore Nicaragua’s Pacific coast.  

Continental Resources announces resignation of Chief Operating Officer

Sep 12, 2014

W.F. "Rick" Bott has resigned to pursue other opportunities. 

Norwest Equity Partners acquires UELS

Sep 12, 2014

Norwest Equity Partners has acquired Uintah Engineering & Land Surveying (UELS) for an undisclosed sum.

Pemex to spend $5.5B on plant upgrades and pipeline

Sep 12, 2014 Pemex plans to invest nearly $5.5 billion in expanding Mexico’s largest natural gas pipeline, building a fertilizer plant, and boosting output of cleaner-burning gasoline and diesel, according to R...

Pioneer Natural Resources sells Hugoton assets in Kansas

Sep 12, 2014

Pioneer Natural Resources Co. has closed the sale of its assets in the Hugoton field in Kansas to LINN Energy LLC for cash proceeds of $340 million.

Rimrock Midstream and NGL begin Grand Mesa Pipeline open season

Sep 12, 2014 Rimrock Midstream LLC and NGL Energy Partners LP have begun a binding open season starting Sept. 15 for their joint venture Grand Mesa Pipeline LLC crude oil pipeline. The open season will close on...