• All Petroleum News

    PA Resources secures funding for 2015

    PA Resources has reached an agreement with its major creditors to provide the company with funding until the end of 2015 in the form of a US$7.5 million short-ter...

    Erin Energy to join Russell indexes

    Erin Energy Corp. is set to join the Russell 3000 Index at the conclusion of the Russell indexes annual reconstitution on June 26.

    WPX Energy adds acreage in Gallup oil play

    WPX Energy has completed the purchase of another 14,300 net acres in the San Juan Basin’s Gallup oil window from an undisclosed seller for $26 million.

    Harvest secures funding, partnership for Venezuelan operations

    Harvest Natural Resources Inc. says that CT Energy Holding SRL has agreed to purchase from Harvest senior secured notes, convertible notes, and warrants. Harvest ...

    Apache executive Eichler to retire

    Apache Corp. has confirmed that, after a 21-year career with the company, Rodney J. Eichler, executive vice president and executive advisor to the CEO, will retir...

    Rosneft and BP sign production, exploration and refining agreements

    On June 19, at the St. Petersburg International Economic Forum in Russia, Rosneft and BP signed several agreements strengthening the long-term strategic relations...

    Wood Group secures offshore contract from Saudi Aramco

    Wood Group plc has been awarded an offshore maintain potential program contract by Saudi Aramco for greenfield and brownfield engineering services, procurement, a...

    ExxonMobil sells share of Chalmette Refining in Louisiana

    ExxonMobil has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50% interest in Chalmette Refining LLC in Chalmette, Louisiana.

    MIC appoints new CFO

    Macquarie Infrastructure Corp. says that Liam Stewart has been seconded by the company’s manager, Macquarie Infrastructure Management (USA), to serve as CFO of MI...

    Hercules Offshore to file for bankruptcy protection

    Hercules Offshore expects to proceed with its reorganization plan by filing for Chapter 11 bankruptcy protection by July 8, according to various media outlets.