•  
  •  
  •  
  •  
  •  
  • UPSTREAM

    SECTIONS: INTERNATIONAL | NORTH AMERICA

     

    LATEST UPSTREAM NEWS

    Emerald Oil, Koch Exploration enter $24.4M deal

    Aug 3, 2015

    Denver, CO-based  Emerald Oil Inc. has entered agreements with Koch Exploration, a wholly-owned subsidiary of Koch Industries Inc. related to assets in North Dakota and Montana.

    Parsley Energy expands management team

    Aug 3, 2015

    Parsley Energy Inc. has appointed Brad Smith as Parsley’s vice president of corporate strategy and investor relations, effective Aug. 1.

    Chestnut Ridge begins open season for services at Junction NG storage facility

    Aug 3, 2015

    Chestnut Ridge Storage LLC, owned by affiliates of eCORP International LLC and financial partners, is conducting a nonbinding open season for natural gas storage capacity and deliverability to be offered at the Junction Natural Gas Storage Facility, when completed.

    Shale oil production in Bakken, Eagle Ford grew slightly in June

    Aug 3, 2015

    Oil production from the Bakken and Eagle Ford shale plays increased marginally in June vs. May, according to Bentek Energy, an analytics and forecasting unit of Platts.

    Phillips 66, ETP, and Sunoco Logistics form JV to construct crude oil pipeline

    Jul 31, 2015

    Phillips 66, Energy Transfer Partners LP, and Sunoco Logistics Partners LP have formed a joint venture to construct the Bayou Bridge pipeline that will deliver crude oil from the Phillips 66 and Sunoco Logistics terminals in Nederland, Texas, to Lake Charles, Louisiana.

    OVS Group appoints Barbarino as CEO

    Jul 31, 2015

    OVS Group has appointed Sebastiano Barbarino as CEO, replacing CEO Jose N. Alvarez, who is a founding member of the company. Alvarez will maintain a full-time role at OVS Group as chief research officer and will continue to serve as chairman of OVS Group’s board. 

    ONEOK Partners to further expand Permian Basin capacity to serve NG markets in Mexico

    Jul 31, 2015

    ONEOK Partners LP plans to invest $70 million to $100 million to expand its ONEOK WesTex Transmission intrastate natural gas pipeline system by increasing its throughput capacity by 260 million cubic feet per day (MMcf/d) of natural gas by the first quarter of 2017.

    Platte River completes follow-on investment in First River Energy

    Jul 31, 2015

    Platte River Equity has completed its follow-on investment in First River Energy LLC to facilitate the acquisition of Texas Gathering LLC and related assets. The transaction represents the first acquisition by First River since Platte River's initial investment in July 2014.

    Vinson & Elkins adds partner in Energy Transactions practice

    Jul 31, 2015

    Oil and gas transactional lawyer Bryan Loocke has joined Vinson & Elkins as a partner in its Energy Transactions practice, where he will advise both corporate and private equity clients in the energy sector. He is based in the firm's Houston office.

    FX Energy closes new senior credit facility

    Jul 30, 2015

    FX Energy Inc. has finalized a new five-year, up-to-€90 million senior reserve based lending facility.

    Commodity Indices

    Market Indices

    INTERNATIONAL UPSTREAM

    Carnarvon to explore two permits in Barrow sub-basin

    Jun 5, 2014

    Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

    Report predicts surge in world subsea expenditure

    Jun 5, 2014

    Global subsea hardware capex could total $117 billion between 2014 and 2018, according to Douglas-Westwood’s latest market forecast.

    Hitachi Solutions Canada to unveil JV solution for oil and gas industry

    Jun 4, 2014

    Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

    Primoris wins underground contract work valued at over $10 M

    Jun 2, 2014

    Primoris Services Corp. has received a new contract award from a midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment.

    NORTH AMERICA UPSTREAM

    Alpha Crude Connector to conduct open season

    Jun 2, 2014 Alpha Crude Connector LLC intends to conduct an open season for the Alpha Crude Connector pipeline, a new FERC-regulated crude oil transportation pipeline to be located in Lea and Eddy counties in ...

    MicroSeismic names Foster as president and CEO

    May 30, 2014

    MicroSeismic Inc. has appointed Jeff Foster as the company’s president and CEO. Founder of the company and past CEO, Peter M. Duncan, will continue with MicroSeismic as co-chairman.

    KMP to expand carbon-dioxide infrastructure

    May 8, 2014

    Kinder Morgan Energy Partners LP is set to invest $671 million to grow its carbon-dioxide infrastructure in southwestern Colorado and New Mexico.

    TPC Group expands polyisobutylene capacity

    May 1, 2014

    TPC Group, a provider of C4 based products and services, has achieved a milestone in its comprehensive expansion program to increase polyisobutylene capacity.

    Navigate within Upstream

    Upstream
    International North America
       Onshore    Onshore
          Conventional       Conventional
          Unconventional       Unconventional
       Offshore
       Offshore
          Subsea
          Subsea
       Oilfield Services
       Oilfield Services
       Seismic    Seismic

    Most Read Articles

    Oil & Gas Jobs

    Search More Job Listings >>