Black Sea Oil & Gas confirms potential of Romania’s offshore Dacian play

Black Sea Oil & Gas and its partners have completed a 2-well offshore exploration drilling program on the XV Midia block in the Romanian Black Sea. The wells did not delivery the anticipated gas discoveries, but one of the wells confirmed the potential of the Dacian play. Source: News


Consortium lets FEED contract for Uganda’s first refinery

The Albertine Graben Refinery Consortium—comprised of YAATRA Africa, Lionworks Group, Baker Hughes’ Italian subsidiary Nuovo Pignone International, and Saipem—has let a contract to Saipem to deliver front-end engineering design for a grassroots 60,000-b/d refinery in Kabaale, in western Uganda’s Hoima district. Source: News


Chinese operator lets contract for PSA unit

Shanxi Jincheng Anthracite Mining Group subsidiary Hubei Sanning Chemical Industry let a contract to Honeywell UOP to provide licensing for its proprietary Polybed pressure-swing adsorption technology to supply high-quality hydrogen at Hubei Sanning’s monoethylene glycol plant near the Yangtze River at Zhijiang, in China’s Hubei Province. Source: News


MARKET WATCH: Crude oil prices gain in volatile week

Crude oil prices gained more than $1/bbl Aug. 2 to recoup the previous day’s losses on both the New York and London futures markets in a week marked by price volatility. Source: News


Neptune Energy appoints three executives

Pete Jones has joined Neptune Energy Group Holdings Ltd. as UK managing director, based in Aberdeen. He most recently has been managing director of Taqa Europe. Source: News


CNRL eyes output expansion at Horizon mine

Canadian Natural Resources Ltd. is considering expansion of production at its Horizon bitumen mine in Alberta by 75,000-95,000 b/d of synthetic crude oil (SCO) in the near and long term. Source: News