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  • All Petroleum News

    Ridgewood exceeds target, closes latest fund at more than $1.9B

    Ridgewood Energy Corp., a private upstream oil and gas investment company, has closed its latest private equity fund, Ridgewood Energy Oil & Gas Fund III LP, ...

    Southcross elects new independent board member

    Southcross Energy Partners LP has elected Nicholas J. Caruso Jr. to the board of directors of Southcross Energy Partners GP LLC, the general partner of Southcross...

    Five Point commits $75M to EVX Midstream Partners

    Five Point Capital Partners LLC has made a $75 equity commitment from Five Point Capital Midstream Fund II LP to the newly formed EVX Midstream Partners.

    Chesapeake cancels dividend, sells more assets

    Chesapeake Energy Corp. has released an update of its financial strategy, which includes the elimination of its common stock dividend, effective third-quarter 201...

    Noble closes acquisition of Rosetta Resources

    Noble Energy Inc. closed its acquisition of Rosetta Resources Inc. on July 20, after Rosetta stockholders approved the merger. 

    Angola offers 10 onshore oil blocks for bidding

    Angola’s state oil firm Sonangol has requested prequalified bidders to submit bids for 10 onshore oil blocks, according to Reuters. Seven of the new blocks are in...

    PKN ORLEN and PGNiG launch joint E&P project in Polish Podkarpacie region

    ORLEN Upstream, a subsidiary of PKN ORLEN, has entered into a joint operating agreement with Polskie Górnictwo Naftowe i Gazownictwo SA company (PGNiG). The compa...

    Eni discovers up to 15B cubic meters of gas in Egypt

    Eni has discovered gas reserves of up to 15 billion cubic meters in the Nile Delta region of Egypt, according to Reuters, citing the Egyptian oil ministry. Produc...

    WPX prices $1 billion of senior unsecured notes

    WPX Energy has priced its offering of $500 million aggregate principal amount of 7.50% senior unsecured notes due 2020 and $500 million aggregate principal amount...

    President and CEO Whitehead to retire from Penn Virginia

    H. Baird Whitehead has informed the board of directors of Penn Virginia Corp. of his plan to retire as president and CEO after more than 14 years of service, incl...