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Oil & Gas News

Oil & Gas news continually updated from thousands of sources around the net.

1 hr ago | The Hindu

BHEL gets Rs.170-cr. contract from CPCL

TIRUCHI: The Bharat Heavy Electricals Limited , Tiruchi, has secured a Rs.170-crore contract from the Chennai Petroleum Corporation Limited for supply of a Heat Recovery Steam Generator , meant for setting up an energy-efficient and environment friendly co-generation power plant at its Manali refinery.

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Related Topix: Energy

6 hrs ago | Shanghai Daily

Oil firms battle for right to bid on YPF

CHINA National Offshore Oil Corp and China National Petroleum Corp are battling for approval to bid on YPF, the Argentinian unit of Spanish oil major Repsol, sources said yesterday, in a deal that could be worth about US$17 billion.

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Related Topix: Energy

10 hrs ago | Bizjournals

Alaska Airlines flies fewer passengers in June

Puget Sound Business Journal Alaska Airlines passenger traffic fell again in June.

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Related Topix: Energy, Alaska Air Group, Airlines

Sat Jul 04, 2009

TheKansasCityChannel

New Propane Tanks Carry Less, Cost Same

It's summer. For most Americans, that means barbeque season. But here's something to think about next time you pick up propane for your gas grill: Those tanks don't carry what they used to.

Comment?

Related Topix: Life, Food, Bar-B-Q, Retail, Energy, Blue Rhino

CBC

6th bomb at B.C. pipeline causes gas leak

A saboteur's bomb blast on Oct. 12, 2008, created a 1.8-metre-wide crater near an EnCana natural gas pipeline about 50 kilometres east of Dawson Creek in northern B.C. A sixth explosion, causing a small gas leak, was reported Saturday.

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Related Topix: Energy, EnCana, Canada, Explosion, Terrorism

Business Wire

Ensco International Announces Management Retirement

Ensco International Incorporated announced that Phillip Saile, Senior Vice President - Operations will retire after 22 years of service effective July 31, 2009.

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Related Topix: Energy, Ensco International

China Daily

CNPC-BP consortium wins bid for Iraqi oil field

A consortium led by the Chinese National Petroleum Corp and British giant BP PLC won the deal to develop the Rumaila oil field in southern Iraq on Tuesday.

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Related Topix: Exxon Mobil, Energy

Bloomberg

Repsol in Talks With China's CNPC, Cnooc to Sell Stake in Argentinean Unit

Repsol YPF SA is in talks with China National Petroleum Corp. and China National Offshore Oil Corp.

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Related Topix: Repsol YPF SA, Energy, South America, Argentina, World News

Earth Times

Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P....

Abraxas Petroleum Corporation and Abraxas Energy Partners, L.P. are pleased to announce that they have executed a definitive merger agreement , pursuant to which Abraxas Energy will merge with and into Abraxas Petroleum, and that holders of 96% of the common units of Abraxas Energy not held by a wholly-owned subsidiary of Abraxas Petroleum have ...

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Related Topix: Energy

Fri Jul 03, 2009

Business Times

Iran plans US$70b gas field investments for 2010-15

TEHERAN: Iran plans to invest around US$70 billion in two major offshore natural gas fields in the 2010-15 period, a senior official said in comments broadcast yesterday.

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Related Topix: Energy

Rutland Herald

Police detain man in killing : No charges laid in Bridgewater death

Police said a transient man is a person of interest in the homicide of an elderly woman.

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Related Topix: Bridgewater, VT, White River Junction, VT, Burlington Resources, Criminal Defense Law, Law

Squamish Chief

BG exercises pre-emption bid for Canadian Superior stake in Trinidad gas field

BG International will exercise its right to buy a 45 per cent stake in a natural gas property off the coast of Trinidad from Canadian Superior Energy Inc.

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Related Topix: Energy

Earth Times

TEPPCO Partners, L.P. to Suspend Its Distribution Reinvestment Plan

TEPPCO Partners, L.P. today announced that it has suspended the opportunity for investors to acquire additional limited partner units under the TEPPCO Partners, L.P. Distribution Reinvestment Plan.

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Related Topix: Energy, Teppco Partners LP, Enterprises Products Partners LP, Marketing

CSP

QuikTrip Bulks Up Midstream

QuikTrip Corp. and Magellan Midstream Partners LP have purchased much of bankrupt SemGroup LP's SemFuel refined petroleum unit for a combined $37 million, reported The Tulsa World .

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Related Topix: Retail, Energy, Magellan Midstream Partners LP, Economics News, Bankruptcy, Tulsa Metro, Tulsa, OK

TulsaWorld.com - Business

Iraqi oil licensing auction not well received

Iraq's hopes for an oil-revenue fueled postwar recovery suffered a sharp blow Tuesday as the foreign oil companies it counted on to help develop its vast reserves greeted the country's first oil auction in over 30 years with grumbles and just one deal.

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Related Topix: Exxon Mobil, Energy

Thu Jul 02, 2009

The Age

Santos buys stake in Eastern Star

Santos Ltd has taken a large stake in New South Wales-based coal seam gas explorer Eastern Star Gas Ltd.

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Related Topix: Energy, Australia, World News, Oceania

Clover Herald

Number of active oil rigs up by 11

The number of rigs actively exploring for oil and natural gas in the United States rose by 11 this week to 928, the third consecutive week for an uptick after months of declines.

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Related Topix: Baker Hughes

Alaska Journal of Commerce

Pro-Palin Web site attacks Fairbanks Rep. Ramras

A pro-Palin Web site has accused Rep. Jay Ramras of a conflict of interest for owning BP stock.

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Related Topix: Blog News, Energy, Alaska, TransCanada, Natural Gas, Alaska Government

Lethbridge Herald

EnCana says northern B.C. gas leak appears to have been caused by explosion

A spokeswoman for EnCana says a gas leak in northern B.C., not far from the site of four pipeline bombings, appears to have been caused by an explosion.

Comment?

Related Topix: Energy, EnCana, Explosion, Canada,

WNED.org

Wall St climbs with oil sector, end-of-quarter buys

Stocks rose on Monday as higher oil prices lifted shares of energy companies and fund managers snapped up this quarter's winners to burnish their portfolios.

Comment?

Related Topix: Financial Markets, Exxon Mobil, Energy

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