Credit Suisse names Tim Perry as global co-head of oil, gas

Tim Perry has been appointed global co-head of oil and gas investment banking at Credit Suisse Group AG effective January. He’ll partner with Osmar Abib, who has led the group since 2011. Source: News

Panhandle Oil and Gas assigns financial, legal leadership

Robb P. Winfield has been elected vice-president, chief financial officer, and controller of Oklahoma City-based Panhandle Oil and Gas Inc. He will take over the post on Jan. 1. Source: News

EPA releases final report on fracing, drinking water

The US Environmental Protection Agency released its final report on impacts from hydraulic fracturing of oil and gas wells on drinking water supplies on Dec. 13. The American Petroleum Institute strongly criticized what it considered “abandonment of science” in EPA’s revising conclusions in a June 2015 draft after the agency’s Scientific Advisory Board raised questions […]

OPEC, non-OPEC producers reach oil-production curtailment deal

Members of the Organization of Petroleum Exporting Countries and several non-OPEC producers have reached their first joint deal in 15 years to curtail oil output in hopes to hasten market rebalancing. Source: News

Inter Pipeline to buy Cold Lake pipeline interest from CNRL

Inter Pipeline Ltd., Calgary, plans to buy the 15% interest in Cold Lake Pipeline Ltd. held by Canadian Natural Resources Ltd. (CNRL). The transaction also includes purchase of CNRL’s 14.7% interest in Cold Lake LP. Source: News