Enterprise Products Partners LP announced June 12 that it has entered into a joint venture (JV) with Western Gas Partners LP, to own natural gas liquid (NGL) fractionation trains 7 and 8, which are currently under construction at Enterprise’s complex in Mont Belvieu, Texas.

Clarence P. Cazalot, Jr., chairman, president and CEO of Marathon Oil Corp. (NYSE: MRO) has elected to retire on Dec. 31, 2013, after almost 14 years leading Marathon Oil and 41 years in the oil and gas industry. Cazalot will continue as executive chairman through Dec. 31, 2013.

National Oil Companies (NOCs) are transforming themselves into lean, professionally managed enterprises, shaking off old criticisms of being overstaffed and underfunded.

Nestled to the east of the jagged Rocky Mountains and the crowded population centers of the Front Range is Colorado’s Eastern Plains.

Wood Group Mustang's Onshore Business Unit has appointed Charles Johnson to the position of general manager, Bakken region. He will oversee the growing Wood Group Mustang presence in the region from the company's regional in Minot, North Dakota.

Perry Englot, Peter Borsos, and Dennis DaSilva have been added to the Calgary-based Energy practice in Wells Fargo’s Corporate Banking Group.

L1 Energy has been established as the global oil and gas investment vehicle of Alfa Group, one of Russia's privately held investment companies.

Houston, TX-based Par Petroleum Corp. has made three key management appointments.