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Oil & Gas

Penn Virginia Corporation announces the sale of Eagle Ford oil gathering and intermediate transportation rights for $150 million

The oil gathering system and an associated central delivery and blending station will be located in Gonzales and Lavaca Counties, Texas and are expected to be constructed and operational by mid-2015. Penn Virginia Corporation announce that...

Andes announces preliminary award of 3 discovered oil fields in Colombia bidding round 2014

Andes, with a 70 % working interest, and its partner Integra Oil & Gas with a 30% working interest, have been preliminary awarded three undeveloped fields with conventional oil discoveries. YD Llanos 5, YD Llanos 8 and YD Llanos...

CVR Refining confirms fire at Coffeyville refinery’s isom unit

CVR Refining LP, Sugar Land, Tex., has confirmed the outbreak and subsequent extinguishing of a fire at the isomerization (isom) unit at its 115,000 b/d refinery at Coffeyville, Kan. The fire was reported at about 12:30 a.m. on July...

Fugro achieves innovation through integration

When Aberdeen-based Diamond Offshore wanted to add new functionality to the existing helideck monitoring system on the Ocean Guardian drilling rig in the North Sea, Fugro developed and delivered a fully integrated, user-friendly solution to fulfil the requirements. ...

MX Oil signs transformational JV with Mexican partner & raises £2 million to participate in vast re-opening energy sector in Mexico

MX Oil plc is pleased to provide an update on its activities in line with the Company’s strategy to explore investment opportunities in Mexico’s energy industry, which is being reopened to the private sector to attract greater foreign investment...

Gulfsands drills exploration well in Morocco’s Rharb Centre permit

Gulfsands Petroleum PLC has successfully drilled the Lalla Yetou Updip-1well (LTU-1) in the Rharb Centre permit of northern Morocco. Drilled to a total depth of 1,182 m, LTU-1 flowed gas through a 28/64-in. choke at 6.6...

Eni makes gas, condensate discovery offshore Gabon

Italy’s Eni SPA has made a natural gas and condensate discovery in the Nyonie Deep exploration prospect on Block D4 about 13 km offshore Gabon, 50 km from the capital city of Libreville. The discovery was...

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