Bureau of Safety and Environmental Enforcement (BSEE) Gulf of Mexico Regional Director Lars Herbst has established two panels to investigate two serious incidents that occurred in the Gulf of Mexico last week.
CGG, a leading geoscience company, is pleased to announce collaboration with Microsoft to deliver its geoscience products, data and services on Microsoft Azure and accelerate Exploration and Development workflows for its oil and gas company clients.
As a result of such compliance, the company is now in full compliance with all NYSE American continued listing requirements and effective on June 6, 2019, the below compliance (BC) indicator will be removed from the company's common stock and the company will be removed from the NYSE American list of non-compliance issuers.
Glencore’s head of oil, Alex Beard, who helped make the firm one of the world’s top three oil trading houses, will retire this month, the company said in yet another management shake-up amid U.S. probes into its activities.
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it will build the sixth liquefaction train at its Sabine Pass LNG export terminal in Louisiana.
Malaysian state-owned energy firm Petronas has signed a deal to lease a liquefied natural gas (LNG) storage unit in the country to commodity trader Vitol for at least two years, industry sources said.
Total will take over Toshiba’s U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said, weeks after attempts to sell it to a Chinese buyer fell through.
Cameroon’s state oil refinery declared force majeure after a storage tank exploded overnight, causing a fire that shut down output at its main refinery in Limbe but caused no deaths.
Billionaire Jim Ratcliffe’s petrochemicals company INEOS said it would invest $2 billion to build three plants in Saudi Arabia as part of Saudi Aramco and Total’s petrochemical complex.
South African petrochemicals firm Sasol Ltd said that a second unit at its U.S. ethane cracker project came online last week.
Activist investor Carl Icahn launched a lawsuit against Occidental Petroleum Corp. with the goal of potentially seeking board seats and a sale of the company.
Canadian Natural Resources Ltd. has evacuated its Pelican Lake and Woodenhouse operations in northern Alberta in the first major shut-in of oil production triggered by wildfires this year.
Marathon Oil Corporation has announced that it has closed on the sale of its 15% participating interest in the Atrush Block in Kurdistan, where first-quarter 2019 production averaged 2,400 net boed (100% oil).
Pacific Gas & Electric announced that it will put all electric distribution power lines underground in the Town of Paradise, Calif., and some of the surrounding areas as the town rebuilds from the Camp Fire.
NW Natural has completed its North Mist Expansion Project and begun providing no-notice storage to Portland General Electric’s Port Westward plants to balance renewable power on the grid. The project included a new pipeline, compressor station and 3 Bcf reservoir.
White Star Petroleum, LLC has announced that it is exploring strategic alternatives, including the sale of its business as a going concern and the restructuring of its balance sheet in a court-supervised process.