All Petroleum News

Shell makes move towards Kenya, Mozambique with $1.56B offer for Cove Energy

Royal Dutch Shell is making a move to enter the hydrocarbon-rich areas of Kenya and Mozambique with a proposed offer to acquire Cove Energy plc for US$1.56 billio...

Teak Midstream to construct natural gas gathering system, processing plant in Eagle Ford

Dallas-based TEAK Midstream LLC is constructing over 200 miles of natural gas gathering and residue delivery pipelines and an adjoining 200 million cubic feet per...

Quebec’s Anticosti Macasty comparable to Utica Shale says Petrolia

Results of a petrophysical study conducted by Schlumberger Canada Ltd. show that the Anticosti Macasty in Quebec can be compared with the Utica Shale in Ohio, sai...

Wells Fargo to acquire North American energy lending business of BNP Paribas

Wells Fargo Bank, part of Wells Fargo & Company, has entered into a definitive agreement to acquire the North American reserve- based and related diversified ...

CME Group, Oman Investment Fund to increase investments in DME

Derivatives marketplace CME Group, and Oman Investment Fund, a sovereign wealth fund of the Sultanate of Oman plan to increase their investments in the Dubai Merc...

Cabot Oil & Gas names new officers

Cabot Oil & Gas Corp. has promoted Todd L. Liebl to the new position of vice president, land and business development, and appointed Deidre L. Shearer to corp...

Walker mamed Anadarko CEO

Anadarko Petroleum Corp. has promoted Al Walker, the company's president and COO, to the position of president and CEO. Jim Hackett will continue serving the comp...

URS to acquire Flint Energy Services for C$1.25B

URS Corp. and Flint Energy Services Ltd. have entered a definitive agreement under which URS will acquire Flint for C$1.25 billion.

Energen to acquire proved Wolfberry properties

Energen Resources, the oil and gas exploration and production subsidiary of Energen Corp., signed a purchase and sale agreement to buy a primarily proved undevelo...

Weekly Update: Mitsubishi enters major Montney JV in Canada with Encana

In Mitsubishi, Encana has found a partner to fill the void left last year by PetroChina in its Cutbank Ridge asset, after the previous deal stumbled over a failur...