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  • All Petroleum News

    Sinopec plans $1.5B Hong Kong IPO of oilfield services unit

    China Petroleum & Chemical Corp. (Sinopec) is planning a $1.5 billion Hong Kong initial public offering for its oilfield services unit in the first half of 20...

    3D Oil sells 20% stake in Otway Basin's T/49P permit

    3D Oil Ltd. reports that the sale of a 20% working interest in the T/49P exploration permit in Otway Basin, offshore Tasmania, Australia to Beach Energy Ltd. has ...

    China Rongsheng acquires stakes in Kyrgyzstan oil fields

    China Rongsheng Heavy Industries Group Holdings Ltd. reports that Ocean Sino Holdings Ltd., an indirectly wholly owned subsidiary of the company, has entered into...

    PAA to construct pipeline from Cushing to Memphis

    Plains All American Pipeline LP will construct the Diamond Pipeline, a 440-mile, 20-inch crude oil pipeline that will provide capacity of up to 200,000 barrels pe...

    Production from Bakken, Eagle Ford rose 3.4% in July

    Oil production from shale formations in North Dakota and Texas increased by more than 86,000 barrels per day (b/d) or 3.4% in July, according to Bentek Energy, an...

    Tesco president and CEO to retire; successor named

    Tesco Corp. reports that Julio M. Quintana, president and CEO, has elected to retire in January. In accordance with the company's succession plan, the board has d...

    Pemex begins post-reform corporate makeover

    Pemex has begun a corporate restructuring following the approval earlier this month of a historic energy overhaul that ended Pemex's decades-long monopoly, accord...

    Petrofac chairman resigns

    Petrofac, an international oil & gas facilities service provider, reports that Norman Murray, who has been chairman since May 2011, has resigned from the boar...

    Chesapeake names Sylvester as VP of investor relations and communications

    Chesapeake Energy Corp. reports that Brad Sylvester will join Chesapeake as vice president of investor relations and communications. Sylvester joins Chesapeake fr...

    CD&R to invest in CHC Group

    CHC Group Ltd. and Clayton, Dubilier & Rice (CD&R) have entered into definitive agreements for CD&R managed funds to invest $500 million in CHC throug...