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    RH Petrogas development plan for Fuyu 1 Block is approved

    Singapore-listed RH Petrogas Ltd. says that its development plan for a phased development of the Yongping oil field in the Fuyu 1 Block has received approval from...

    BOEM set to offer 44M offshore GOM acres

    US Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced Oct. 16 that the bureau will offer nearly 44 million acres offshore Louis...

    Tall Oak subsidiary secures $100 million credit facility

    Tall Oak Midstream LLC reports that its subsidiary, TOMPC LLC, has secured a $100 million senior credit facility that can be expanded to $150 million.

    Kosmos appoints Chambers as CFO

    Kosmos Energy Ltd. reports that Thomas P. Chambers will join the company as senior vice president and CFO, effective Nov.  5.

    Antero increases borrowing base to $4B

    Antero Resources Corp. reports that the borrowing base under its bank credit facility has been increased to $4 billion. This represents a $1 billion increase...

    Southwestern Energy acquires Marcellus and Utica assets

    Southwestern Energy Co. has signed a purchase and sale agreement with Chesapeake Energy Corp. to acquire certain oil and gas assets covering  413,000 ne...

    TGP closes open season for transportation capacity to Mexico

    Kinder Morgan Energy Partners LP reports that KMP’s Tennessee Gas Pipeline Co. successfully closed a binding open season for its South System Flexibility Project ...

    NuStar and PMI sign LOI to form pipeline JV serving Mexico

    NuStar Energy LP and PMI, an affiliate of PEMEX, have signed a letter of intent for a proposed joint venture in which the two companies will develop new pipeline ...

    Saudi assets lead world’s upstream developments for recoverable oil reserves

    The Khurais and Manifa projects in Saudi Arabia have the most recoverable reserves among the world’s top 100 upstream developments, with approximately 19.4 billio...

    Medallion begins operations of Permian crude oil system

    Medallion Pipeline Co. LLC, a subsidiary of Medallion Midstream LLC, has begun operations of 97 miles of its Midland Basin crude oil gathering and transportation ...