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

More Oil & Gas News

NADL gets commitment for six offshore units from Rosneft

Jul 30, 2014 North Atlantic Drilling Ltd. (NADL) reports that six binding offshore contracts have been executed with Rosneft Oil Co. The total revenue potential for the six contracts exclusive of mobilization i...

Marlin to purchase transloading facility from NuDevco

Jul 30, 2014 Marlin Midstream Partners LP has entered into a definitive agreement with its sponsor NuDevco Midstream Development LLC for the purchase of the East New Mexico Transloading Facility for $7.4 millio...

ONEOK to construct NG processing facility in North Dakota

Jul 30, 2014 ONEOK Partners LP plans to invest $605 million to $785 million between now and the end of the third quarter 2016 to build a new 200 million-cubic-feet-per-day (MMcf/d) natural gas processing facili...

Iraq threatens as tanker with Kurdish oil anchors off the Texas coast

Jul 30, 2014 Platts reports that a drama is unfolding as a tanker with one million barrels of Kurdish crude oil from northern Iraq lies at anchor 60 miles off the port of Galveston, Texas, in international wate...

Cyprus offshore gas drilling to start before fall

Jul 30, 2014

Cyprus' energy minister says exploratory drilling in the first of six potential gas fields off the east Mediterranean island's coast is slated to begin before the end of summer. 

US bars Kurdish oil from entering Texas port

Jul 30, 2014

The U.S. has barred a shipment of Kurdish crude oil from reaching the Texas coast amid concerns independent oil sales from Kurdistan could weaken Iraq's central government. 

Russia counts cost of new economic sanctions

Jul 30, 2014 Russia blasted the West's new economic sanctions on Wednesday, accusing the U.S. of being "prosecutorial" in its drive to impose penalties on the country's key energy and finance sectors....

Williams Partners to review another Transco Pipeline expansion

Jul 30, 2014

The Garden State Expansion Project would provide additional reliability to Hurricane Sandy-affected local gas distribution along New Jersey coast. 

Total first to use Reflex Marine FROG-XT4 on offshore field

Jul 30, 2014

The operator purchased the crew transfer device primarily for carrying out inter-field transfers. 

Prosecutors seek 3-year sentence in fracking case

Jul 30, 2014

Prosecutors are seeking a three-year sentence for the owner of an Ohio drilling company accused of dumping brine down a storm sewer.