Wolf Midstream to buy Devon’s stake in Access pipeline

Wolf Midstream Inc., a portfolio company of the Canada Pension Plan Investment Board (CPPIB), has agreed to acquire Devon Energy Corp.’s 50% ownership interest in Access pipeline for $1.4 billion (Can.). Source: News


API, AFPM applaud FAA bill’s oil and gas drone use provision

American Petroleum Institute and American Fuel & Petrochemical Manufacturers officials separately expressed their pleasure as the US Senate approved a Federal Aviation Administration reauthorization bill with language permitting the use of unmanned aircraft for oil and gas operations. Source: News


Alberta creates oil sands advisory group

The Alberta government has established the Oil Sands Advisory Group to assist with policy-making related to oil sands development and climate change. Source: News


S-Oil lets contract for Onsan refining complex

S-Oil Corp., Seoul, has let a contract to a subsidiary of Yokogawa Electric Corp., Tokyo, to provide control systems for a high-severity residue fluid catalytic cracker (HS-RFCC) and auxiliary installations to be built as part of a residue upgrading and capacity expansion project under way at the 669,000-b/d Onsan refinery complex in Ulsan, South Korea. […]


Woodside agrees to buy ConocoPhillips’s Senegal interests

Woodside Petroleum Ltd., Perth, has agreed to a binding purchase and sale agreement with ConocoPhillips to acquire all of the company’s interests in Senegal for $350 million plus a completion adjustment of $80 million. Source: News