• All Petroleum News

    OFS Energy Fund closes additional $40 million in Fund II

    OFS Energy Fund has closed on an increase in the committed capital to OFS Energy Fund II. OFS was seeking to increase the size of&nb...

    Most Canadian E&Ps can deal with low oil prices for now

    In the past few years, strong exploration and production activity has continued as technological advances in horizontal drilling and hydraulic fracturing has led ...

    CNOOC starts production on oil project in South China Sea

    CNOOC Ltd. reports that the Huizhou 25-8 Oilfield/Xijiang 24-3 Oilfield Xijiang 24-1 District Joint Development Project has begun production.

    Ophir offers to buy Salamander Energy

    Ophir Energy Plc offered to buy Salamander Energy Plc for 267 million pounds ($419 million) in order to expand in southeast Asia, according to Reuters.

    EY survey shows cautious optimism for O&G M&As

    Despite an increasingly stable global economy, resilient equity markets, and corporate earnings confidence, the global oil and gas mergers & acquisitions (M&a...

    UGI begins service on two Marcellus projects

    UGI Energy Services LLC, the midstream and energy marketing subsidiary of UGI Corp., has completed two midstream projects.

    Phillips 66 Partners and Paradigm form midstream logistics JVs

    Phillips 66 Partners LP and Paradigm Energy Partners LLC have executed agreements to form two joint ventures to develop midstream logistics infrastructure in Nort...

    ExxonMobil Chemical president to retire; replacement announced

    Stephen D. Pryor, president of ExxonMobil Chemical Co. and vice president of Exxon Mobil Corp. (NYSE:XOM), has elected to retire on Jan. 1, 2015. It is anticipate...

    MarkWest closes public offering of $500M of senior notes

    MarkWest Energy Partners LP and its subsidiary MarkWest Energy Finance Corp. has closed a public offering of $500,000,000 of 4.875% senior unsecured notes due 202...

    Southcross acquires Eagle Ford pipeline system

    Southcross Energy Partners LP has completed the acquisition of a natural gas gathering system in McMullen County, Texas.