Centennial to enter northern Delaware basin

Centennial Resource Development Inc. has agreed to buy 11,860 net acres in Lea County of southern New Mexico, directly north of the Red Hills area, from fellow Denver firm GMT Exploration Co. for $350 million in cash. Source: News


Uzbekistan breaks ground on new refinery

The Republic of Uzbekistan has broken ground on a 5 million-tonne/year grassroots refinery to be built in the former Soviet state’s eastern Jizzakh region. Source: News