Alexander Skripka has been named chief commercial officer of Tethys Petroleum Ltd. Source: News

Two of India’s state-owned oil and gas companies soon will have new top executive. Source: News

Global oil-market analysis from research and consultancy firm Wood Mackenzie Ltd. indicates that 70% of new drilling in US tight oil plays and pre-final investment decision (FID) conventional oil projects are commercial at Brent crude oil prices below $60/bbl. Source: News

Kingfisher Midstream LLC, a venture of Houston-based Asset Risk Management LLC (ARM Energy) subsidiary ARM Midstream and HPS Investment Partners LLC, New York, has commissioned a natural gas processing plant in Lincoln, Okla., as part of the Phase-1 development of its processing-and-gathering system for producers in Oklahoma’s STACK play. Source: News

The US Senate named seven of its members on July 12 to confer with a group from the House of Representatives on broad energy policy reform legislation. “This vote is a critical milestone that will allow Congress to begin the first conference on major energy legislation in more than a decade,” said Senate Energy and […]

Nexen Energy ULC reported it will idle the Long Lake oil sands upgrader in Fort McMurray, Alta., by putting it into cold-stack mode. No date was given for when the upgrader would be returned to service. Source: News

Holders of interests in the Coiron Amargo Block in Argentina’s Nequen basin and a unit of Royal Dutch Shell PLC have entered a series of agreements that would subdivide the southern part of the 100,000-acre tract and adjust holdings and roles. Source: News

Rawson Resources Ltd., Sydney, has reported that Udacha natural gas field in South Australia’s Cooper basin retention lease PRL 26 has been brought on stream. Source: News