•  
  •  
  •  
  •  
  •  
  • UPSTREAM

    SECTIONS: INTERNATIONAL | NORTH AMERICA

     

    LATEST UPSTREAM NEWS

    Madalena Energy makes board changes

    Jan 27, 2015

    Madalena Energy Inc. has confirmed that Gus Halas has been appointed to Madalena’s board of directors and that Steven Sharpe has been elected chairman of the board.

    WorleyParsonsCord to provide services for Canadian oil sands project

    Jan 26, 2015

    WorleyParsons Ltd.’s Canadian subsidiary WorleyParsonsCord has been selected to provide fabrication, modularization, and construction services in an agreement with a major exploration and production company in Canada to construct a significant oil sands mining project.

    GreenHunter begins registered direct placement of common stock

    Jan 26, 2015

    GreenHunter Resources Inc. has entered into subscription agreements with certain accredited investors (the purchasers), pursuant to which it will issue and sell to the purchasers an aggregate of 3,333,334 shares of its common stock (the shares) and warrants to purchase up to an additional 1,166,667 shares of company’s common stock (the warrants, and the shares issuable upon exercise of the warrants, the warrant shares), at a price of $0.60 per unit (before placement fees and offering expenses).

    Sanchez begins exchange offer for senior notes due 2023

    Jan 26, 2015

    Sanchez Energy Corp. has begun an exchange offer of up to $1,150,000,000 million aggregate principal amount of its 6.125% senior notes due 2023 that have been registered under the Securities Act of 1933, as amended, for an equal amount of its outstanding 6.125% senior notes due 2023 that have not been registered under the Act. 

     

    Fitch comments on Kinder Morgan acquisition of Hiland Partners

    Jan 23, 2015

    Fitch Ratings expects the acquisition of Hiland Partners by Kinder Morgan Inc. (KMI; IDR: 'BBB-'/Stable Outlook) to be credit neutral. The transaction, valued at $3 billion including the assumption of roughly $1 billion of Hiland debt, provides KMI with increased access to quality assets and a good platform for growth in the Bakken shale region.

    Burleson attorneys receive board certification in oil, gas, and mineral law

    Jan 23, 2015

    Three attorneys with Burleson LLP – Kene Chinweze, Landon Speights, and Brandon Durrett – have recently earned board certification in oil, gas, and mineral law by the Texas Board of Legal Specialization.

    Enterprise to move forward with Panola NGL pipeline expansion

    Jan 23, 2015

    Shipper commitments received during a recent binding commitment period will support Enterprise Products Partners LP’s proposed expansion of the Panola Pipeline Co. LLC natural gas liquids (NGL) system.

    Sunoco Logistics closes open season for Delaware Basin Extention project

    Jan 22, 2015

    Sunoco Pipeline LP has closed a binding open season for its Delaware Basin Extension project, said Sunoco Logistics Partners LP. The project will provide shippers with new takeaway capacity from the Delaware Basin area in New Mexico and West Texas to Midland, Texas.

    Phillips 66 Partners closes Bakken joint venture agreements

    Jan 22, 2015

    The joint ventures between Phillips 66 Partners LP and Paradigm Energy Partners to develop midstream logistics infrastructure in the Bakken region have been formed and governance agreements completed.

    Kinder Morgan to acquire midstream position in Bakken shale play

    Jan 22, 2015

    Kinder Morgan Inc. has a definitive agreement whereby KMI will acquire Hiland Partners from its founder, Harold Hamm, and certain Hamm family trusts, for a total purchase price of $3 billion, including the assumption of debt.

    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 >>