Oil & Gas
Oil & Gas
Washington refinery finds new owner
Global commodities logistics and trading firm TrailStone Group has acquired US Oil & Refining Co. (USOR), including the 42,000-b/d Tacoma, Wash., refinery, from Astra Transcor Energy NV, a subsidiary of Compagnie Nationale a Portefeuille SA, Belgium. ...
Oil & Gas
Costain Wins Further Barrow Gas Terminals Contract With Centrica Energy
Costain, one of the UK’s leading engineering solutions providers, is pleased to announce that it has won a contract with Centrica Energy for the provision of Engineering Procurement and Construction (EPC) services as part of Centrica Energy’s Barrow Gas...
Oil & Gas
Swala Oil and Gas Plc Announces Launch of Initial Public Offer Prospectus (“IPO”)
East Africa’s first public owned Oil and Gas CompanyDAR ES SALAAM, Tanzania, June 9, 2014/ -- Swala Oil and Gas (Tanzania) Plc (http://www.swala-energy.co.tz) today announced the launch of its Initial Public Offer Prospectus (“IPO”) of 9,600,000 ordinary shares. The...
Oil & Gas
Baker Hughes: US drilling rig count decreases to 1,860
The US drilling rig count dropped 6 units to 1,860 rigs working during the week ended June 6, Baker Hughes Inc. reported. The decline follows BHI’s report that the average US rig count for May was 1,859, 24 more...
Oil & Gas
Eni Signs Strategic Agreements For Perla Super-Giant Field In Venezuela
The Minister of Petroleum and Mines of Venezuela and President of PDVSA, Rafael Ramírez, Eni's CEO, Claudio Descalzi, and Repsol's President, Antonio Brufau, signed strategic agreements concerning the exploitation of the Perla field, one of the largest worldwide discoveries...
Oil & Gas
API issues refinery safety standards
The American Petroleum Institute issued three first-edition standards to enhance refinery safety and inspection programs. “The three new standards help improve safety by offering guidance for reducing corrosion, improving efficiency of process safety inspections, and outlining steps for proper...
Oil & Gas
CNPC called ‘winner’ in Gazprom gas deal
The $400 billion natural gas deal Gazprom signed with China National Petroleum Corp. last month strongly favors the Chinese company and its country, writes an analyst with Chatham House, the Royal Institute of International Affairs, London (OGJ Online, May...
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