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    Oil & Gas Financial Journal

    Volume 11, Issue 1

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    US gasoline prices at lowest level since 2009

    11/26/2014 US retail regular-grade gasoline prices continue to decline, averaging $2.82 per gallon (gal) as of Nov. 24, according to the US Energy Information Administration. This average is $0.47 lower than ...

    Faroe Petroleum completes sale of Glenlivet Field interest


    Faroe Petroleum has completed the sale of its 10% interest in the undeveloped Glenlivet gas field, West of Shetland.

    Gazprom Neft teams with PetroVietnam to explore for Arctic oil


    Gazprom Neft has agreed to develop Russia's Dolginskoye offshore Arctic oil field jointly with Vietnamese state energy company PetroVietnam, according to Reuters.

    Update on San Leon Energy operations in Poland

    11/26/2014 San Leon Energy is extending its licenses to explore for shale gas in northern Poland, according to the Associated Press, as results from its three vertical wells near the Baltic Sea coast encourag...

    Woodside to explore block offshore Morocco

    11/26/2014 Woodside Petroleum Ltd. has entered into a contract for an exclusive reconnaissance license with the Office National des Hydrocarbures et des Mines, the national oil company of Morocco, to explore ...

    More Oil & Gas Financial Articles

    Fitch: Gas supply near 5-year avg., but less shale drilling a concern

    Wed, Nov 26, 2014

    Natural gas storage has largely recovered from the inventory depletions that followed la(t year's polar vortex winter despite the recent burst of cold weather in the US and related drawdown in gas inventories (-17 billion cubic feet), according to Fitch Ratings.

    Breitling Energy appoints new director

    Wed, Nov 26, 2014

    Breitling Energy Corp. has appointed Trenton K. Thornock to the board of directors, effective Nov. 14.

    Fluor closes senior notes offering

    Wed, Nov 26, 2014

    Fluor Corp. has closed its offering of $500 million in aggregate principal amount of 3.500% senior unsecured notes due 2024.

    Freeport LNG updates on financing, construction of NG liquefaction trains

    Wed, Nov 26, 2014

    Freeport LNG Expansion LP reports that its subsidiaries, FLNG Liquefaction LLC and FLNG Liquefaction 2 LLC have closed on debt and equity financing commitments of $11 billion in capital required for the development of the initial two trains of Freeport LNG's natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas, making it the largest fully non-recourse construction project financing ever.

    Crestwood sells Tres Palacios NG storage and pipeline facility

    Tue, Nov 25, 2014

    Crestwood Equity Partners LP and Crestwood Midstream Partners LP report that Crestwood Equity has entered into definitive agreements to sell 100% of the membership interest in Tres Palacios Gas Storage LLC to a newly formed joint venture between Crestwood Midstream and an affiliate of Brookfield Infrastructure Group for a total cash consideration of $130 million.

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