• All Petroleum News

    Shandong Offshore International acquires Northern Offshore

    China’s Shandong Offshore International Co. Ltd. has acquired Bermuda-based Northern Offshore Ltd., which has offices in Houston. The cash transaction is valued a...

    European Commission clears merger between Dresser-Rand and Siemens

    The European Commission has cleared Dresser-Rand Group Inc.’s proposed merger with Siemens. All of the conditions regarding regulatory matters have now been satis...

    Par Petroleum joins Russell 3000 Index

    Par Petroleum Corp. has joined the Russell 3000 Index after Russell Investments reconstituted its comprehensive set of US and global equity indexes on June 26.

    Far East Energy secures new facility agreement and extension of term loan facility

    Far East Energy (Bermuda), Ltd. (FEEB), a wholly owned subsidiary of Far East Energy Corp., has entered into a $4 million term loan facility agreement (TLFA), eff...

    Cheniere secures debt financing for Train 5 at Sabine Pass liquefaction project

    Cheniere Energy Partners LP’s Sabine Pass Liquefaction LLC has engaged 18 financial institutions to act as joint lead arrangers to assist in the structuring and a...

    Magellan, LBC form JV to build terminal and pipeline infrastructure on Houston Gulf Coast

    Magellan Midstream Partners LP and LBC Tank Terminals LLC have formed a 50/50 limited liability company, Seabrook Logistics LLC, to own and operate crude oil stor...

    CorEnergy closes offerings of common stock and convertible notes

    CorEnergy Infrastructure Trust Inc. has closed its two public offerings, including a follow-on offering of common stock and a convertible notes offering.

    CNPC begins construction of Chinese segment of Russia-China gas pipeline

    China National Petroleum Corp. (CNPC) has begun construction of the Chinese part of the Eastern Route of Russia-China Gas Pipeline, which will run from the China-...

    Statoil and partners submit plan for Gullfaks development

    Statoil and its partners have submitted an amendment to the Plan for Development and Operations (PDO) for the Gullfaks license to the Ministry of Petroleum and En...

    Ring Energy completes Delaware Basin acquisition

    Ring Energy Inc. has closed its acquisition of the Delaware Basin acreage located in Culberson and Reeves counties, Texas, for a purchase price of $75 million.