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  • All Petroleum News

    Wood Mackenzie: Global gasoline glut to hit refiners

    Wood Mackenzie’s latest long-term oil products market forecast shows that a surplus of gasoline is expected to flood the market as early as 2017, which, combined ...

    Gulf Keystone appoints chief strategy officer

    Gulf Keystone Petroleum Ltd. has appointed Nadhim Zahawi as the company’s chief strategy officer. Zahawi is a Conservative member of Parliament for Stratford-on-A...

    DW: Saudi Arabia faces difficult decisions due to low oil prices

    Low global crude prices have hit Saudi Arabia hard, commented Douglas-Westwood in its Aug. 24 edition of DW Monday. With a considerable budget deficit, Saudi Arab...

    Evolution Midstream secures $300M equity commitment from Encap Flatrock Midstream

    Evolution Midstream LLC has secured an initial commitment of $300 million from private equity firm EnCap Flatrock Midstream and the Evolution management team.

    Shell International Finance issues guaranteed notes

    Shell International Finance BV is issuing CHF 800 million 0.375% guaranteed notes due Aug. 21, 2023, and CHF 525 million 0.875% guaranteed notes due Aug. 21, 2028...

    RAAM terminates exchange offer

    RAAM Global Energy Co. has terminated its offer to exchange any and all of its outstanding 12.50% senior secured notes due 2015 held by certain eligible holders f...

    Oil production grows in Bakken and Eagle Ford

    Oil production from key shale formations in North Dakota and Texas increased slightly in July from June, according to Bentek Energy, an analytics and forecasting ...

    Van Eck Global launches oil refiners ETF

    Van Eck Global has launched the Market Vectors Oil Refiners ETF (NYSE Arca: CRAK), the first US-listed ETF to offer pure-play exposure to global oil refiners.

    Coalition forms Texas Natural Gas Foundation

    A coalition of industry leaders, politicians, and academic leaders has formed the Texas Natural Gas Foundation as a new source to help educate the public and trac...

    Santos CEO Knox stepping down, fueling takeover speculation

    Santos Ltd. CEO David Knox is stepping down as the oil-price collapse is putting pressure on the Australian oil producer, fueling speculation that Santos could be...