• All Petroleum News

    Statoil refinances multicurrency revolving credit facility

    Statoil ASA, guaranteed by Statoil Petroleum AS, has signed a US$5 billion multicurrency revolving credit facility.

    Equatorial Guinea’s energy ministry and GEPetrol make key changes

    The Ministry of Mines, Industry, and Energy of Equatorial Guinea has made changes to streamline its operations, according to Centurion Law Group. Additionally, GE...

    DCP Midstream Partners' Lucerne 2 Plant now serves DJ Basin

    DCP Midstream Partners LP’s new 200 million cubic feet per day (MMcf/d) Lucerne 2 natural gas processing plant is now in service, increasing the Partnership's pro...

    MSIS attracts £20M private equity investment

    Primary Capital Partners LLP has acquired a majority stake in specialist environmental services and equipment provider MSIS in a £20 million transaction.  

    DW: Refining margins are back, but will they remain?

    In its June 29 DW Monday report, Douglas-Westwood comments on the current state of refining margins.

    Oildex acquires Procure-to-Pay business of ADP

    Oildex, a service of Transzap Inc., has acquired the Procure-to-Pay business of Automatic Data Processing Inc., combining two technology providers in the financia...

    WPX Energy increases activity and EURs in Williston Basin

    WPX Energy plans to increase its activity in the Williston Basin during the second half of 2015 by resuming completions and increasing its rig count from one to t...

    Sefton forms JV with UTAS to acquire producing assets in Indonesia

    Sefton Resources Inc., a British Virgin Island corporation focused on oil and gas exploration and production, is interested in acquiring producing petroleum asset...

    CNPC to build second pipeline for Russian crude oil to China

    China National Petroleum Corp. (CNPC) has secured a contract to construct a second domestic pipeline to carry Russian crude oil from Mohe to Daqing, according to ...

    EGAS to conduct largest Mediterranean seismic exploration project

    Egyptian Natural Gas Holding Co. (EGAS) is set to carry out the largest seismic oil and gas exploration project in the Mediterranean, according to Reute...