Light, sweet oil prices rose by more than $1/bbl on the New York market Sept. 26 to close at just under $46/bbl for November delivery. Brent crude oil prices also gained more than $1/bbl on the London market Sept. 26 to settle above $47/bbl for November delivery. Source: News

Rice Energy Inc., Canonsburg, Pa., has agreed to acquire Englewood, Colo.-based shale gas producer Vantage Energy LLC and Vantage Energy II LLC for $2.7 billion, including the assumption of debt. Source: News

The US Trade and Development Agency (USTDA) has awarded a grant to India’s public-sector refining firm Indian Oil Corp. Ltd. (IOC) to fund a feasibility study will recommend technology options for the ongoing modernization of the operator’s nine refineries. Source: News

Junex Inc. has applied with Quebec’s government for a 20-sq-km production lease on its Galt oil prospect in eastern Quebec. The company’s application focuses on the central portion of the Galt structure, which was mapped from data in the company’s 37-sq-km 3D survey conducted in 2015. Source: News

American Petroleum Institute Pres. Jack N. Gerard expressed hope that more US political candidates—from Hillary Clinton and Donald J. Trump on down—would mention energy more prominently in their 2016 election campaigns because it has contributed so much to the US economic recovery since the end of 2008. Source: News