EnVen Energy Ventures LLC, an affiliate of Houston-based EnVen Energy Corp., has agreed to acquire 100% of the record title interest in Gulf of Mexico Green Canyon Blocks 114, 158, 202, and 248 from Shell Offshore Inc., an affiliate of Royal Dutch Shell PLC, for $425 million in cash. Source: News

Two proposed initiatives that would have increased restrictions on oil and gas activity in Colorado failed to make the Nov. 8 ballot because they did not collect enough valid signatures, Secretary of State Wayne W. Williams announced. Proponents have 30 days to appeal the decision to the Denver District Court, Williams said on Aug. 29. […]

Governance does not count among the many human activities improved by bold enthusiasm. Governance works best in measured doses, guardedly administered. Source: News

ARA Petroleum LLC, Muscat, said it will conduct drilling and workover campaigns in 2017 and 2018 on Omani Block 44 after acquiring PTTEP Oman Co., which has held a 100% interest in the onshore acreage since 2002. Source: News

AWE Ltd. and Origin Energy Resources Ltd., both of Sydney, have started sales of commercial natural gas from Stage 1A of the Waitsia gas project in the onshore North Perth basin of Western Australia. Source: News

Canada and the US face different greenhouse gas (GHG) emission challenges and are taking different approaches despite their close economic, social, and cultural ties, a recent IHS Markit report said. Source: News