Suncor Energy Inc. is extending its offer for all the outstanding shares of Canadian Oil Sands Ltd. (COS) to Jan. 27. Source: News

Italy’s Eni SPA has started deepwater production from Mpungi field on Block 15/06 offshore Angola, reaching a third milestone in the West Hub development project. Source: News

Premier Oil PLC’s Isobel Deep redrill, 14/20-2, has confirmed the oil discovery of the original well in May 2015. The well, which is on licence PL004A, 30 km south of Sea Lion field, reached TD at 3,014 m encountering oil-bearing intervals in a number of sandstone reservoirs between 2,564-2,861 m (the base of the Isobel […]

The US Pipeline and Hazardous Materials Safety Administration (PHMSA) proposed hazardous liquids pipeline management requirements are a laudable step in some ways, but could create problems and needless duplication in others, according to four national oil and gas associations in three separate filings. Source: News

Mexico’s Petroleos Mexicanos (Pemex), through its processing subsidiary Pemex Transformacion Industrial (formerly Pemex Refinacion), has let a contract to Fluor Corp. unit ICA Fluor’s industrial engineering-construction joint venture with Empresas ICA SAB de CV for work related to construction of a hydrodesulfurization (HDS) plant as part of the second phase of the country’s ultralow-sulfur diesel […]

Light, sweet crude prices for February delivery settled with another drop Jan. 8 despite experiencing price gains earlier in the day. The US benchmark oil price settled on the New York market at $33.16/bbl on Jan. 8, which was the lowest closing price since Feb. 9, 2004. Source: News

The first cargo of LNG has departed from the Australia Pacific LNG (APLNG) facility on Curtis Island in Queensland, the project’s partners reported. Source: News