Will it go round in circles

Time moves quickly. No less so in the oil and gas industry than anywhere else. By the time you’re reading this I will have just returned from dropping my son off at Vanderbilt University to begin his sophomore year. It’s a time for reflection. Source: News

Total to buy Maersk Oil in $7.45-billion deal

Total SA plans to acquire 100% of the equity of Maersk Oil & Gas AS, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, for $4.95 billion in Total shares. Total also will assume $2.5 billion of Maersk Oil’s debt as part of a move that bolsters the French supermajor’s North Sea position.   Source: […]

Court won’t overturn NY state’s Constitution Pipeline permit decision

A federal appeals court in New York rejected Constitution Pipeline Co. LLC’s request to overturn the New York State Department of Environmental Conservation’s (DEC) denial of a water quality permit for the interstate natural gas pipeline project.   Source: News

Rosneft, investment consortium to buy stakes in Essar Oil

Rosneft PJSC and an investment consortium have each purchased 49.13% stakes in Essar Oil Ltd. The investment consortium is comprised of UCP Investment Group and Trafigura, a physical commodities trading group.   Source: News