Brent and US crude oil prices appear to be ending the first full week of October with a loss following a strong September rally. Source: News

PJSC Gazprom of Russia and Kazakhstan’s state-owned JSC National Co. KazMunayGas (KMG) are exploring the possibility of creating a joint venture to process gas from Karachaganak oil, gas, and condensate field using the capacities of the existing Orenburg gas processing plant in Russia. Source: News

The US Bureau of Land Management intends to consider amending some, all, or none of its 2015 land use conservation plans to protect the greater sage grouse, the US Department of the Interior agency reported in an Oct. 5 notice of intent. Comments will be accepted for 45 days following the notice’s publication in the […]

Targa Resources Corp. reported that it will sell 25% joint venture interest in its previously announced Grand Prix natural gas liquids pipeline to funds managed by Blackstone Energy Partners. Once the deal is completed, Grand Prix will be a 300,000-b/d common-carrier NGL pipeline from the Permian basin to Mont Belvieu, Tex., with expansion capability to […]

Some operators in the US Gulf of Mexico are evacuating offshore facilities in preparation for the arrival of Tropical Storm Nate, which is expected to advance northward and move over the central gulf this weekend while possibly strengthening into a hurricane. Source: News