Premier Oil PLC, London, has agreed to sell its 33.8% interest in Wytch Farm oil field in the south of England to an undisclosed third party.   Source: News

The US Department of Energy plans to draw down and sell 14 million bbl of sour crude oil from the US Strategic Petroleum Reserve, the DOE’s Fossil Energy Office (FEO) reported on Aug. 22. The crude will be sold from three sites—Bryan Mound and Big Hill in Texas and West Hackberry in Louisiana, FEO said. […]

Matt Amilian has been appointed director of business development for BCCK Holding Co., where he’ll serve the Oklahoma, Appalachian, and Rocky Mountain regions.     Source: News

Karl Blanchard has joined Weatherford International PLC as executive vice-president and chief operating officer.   Source: News

Light, sweet crude oil prices on the New York Mercantile Exchange declined by more than $1 on the New York market to settle below $48/bbl on Aug. 21 but prices moved up again Aug. 22 on expectation of another weekly decline in US crude inventories.   Source: News

Energy reform in Mexico faces jeopardy in a general election next year. Andres Manuel Lopez Obrador, former mayor of Mexico City, leads in early polls in the presidential campaign. He opposed the constitutional changes implemented in 2014 that ended 80 years of Petroleos Mexicanos monopoly and allowed participation by foreign companies in oil and gas […]

Four members of the Outer Continental Shelf Governors Coalition called on the US Department of the Interior to include all leasing options in the 2019-24 Outer Continental Shelf program that is being developed, “understanding that circumstances affecting leasing decisions could change during the course of the program’s development and implementation.”   Source: News