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

Protect your personnel from Halloweens’ new villain: the polar vortex

Oct 31, 2014

Will we see a repeat of the polar vortex this coming winter, or will it slowly slip into the shadows, waiting for the next opportunity to blow into town?  

Energy Transfer Partners announce binding agreements for Rover gas pipeline

Oct 31, 2014

The approximately pipeline will deliver natural gas from Northwest West Virginia, Western Pennsylvania and Eastern Ohio to the Midwest Hub near Defiance, Ohio. 

Lithuania announces completion of first LNG terminal

Oct 31, 2014

In late October, Lithuania announced the completion of its first liquefied natural gas terminal dubbed the Independence. 

Magellan Midstream proceeding with Saddlehorn oil pipeline

Oct 31, 2014

The current open season for the Saddlehorn Pipeline has been extended and includes a new tariff rate structure. 

Exxon defies low oil prices with refining strength

Oct 31, 2014

ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production. 

ETP’s Rover gas line reaches full 3.25 bcfd subscribed capacity

Oct 31, 2014

Energy Transfer Partners LP has fully subscribed its Rover pipeline to transport 3.25 bcfd of natural gas through 15- and 20-year fee-based contracts.

LNG Ltd. reaches Fisherman’s Landing gas-supply, lease agreements

Oct 31, 2014 LNG Ltd.’s extended it agreement with Gladstone Ports Corp. for its Fisherman’s Landing LNG project (FLLNG) site lease through Mar. 31, 2016, with an option for another year. The company also signe...

UK offshore confidence takes a hit, survey suggests

Oct 31, 2014

Oil & Gas UK’s latest Business Sentiment Index suggests growing concerns over rising UK North Sea costs, reduced drilling activity and the falling oil price.

Domestic issues delay closure of offshore Tunisia farm-out

Oct 31, 2014

PA Resources (PAR) says it remains in discussions with the Tunisian government about a proposed offshore farm-out to EnQuest.

More South Pars platforms near start-up offshore Iran

Oct 31, 2014

Gas injected into Iran’s national grid is set to increase as two new platforms come onstream this winter at the South Pars Phase 12 development in the Persian Gulf.