Most of the concerns heard by the US Bureau of Land Management during eight public meetings about the draft environmental impact statement (DEIS) for proposed oil and gas activity on the Arctic National Wildlife Refuge coastal plain have involved possible impacts on the porcupine caribou herd there, a US Department of the Interior official said […]

Saudi Aramco and Total SA have signed an agreement to form a 50-50 joint venture that will invest $1 billion to develop a network of fuel and retail services in Saudi Arabia. Total will be the first major international oil company to invest in the kingdom’s fuel retail network. Source: News

PetroQuest Energy emerged from bankruptcy after meeting conditions of its Chapter 11 plan of reorganization, which was confirmed by the US Bankruptcy Court for the Southern District of Texas on Jan. 31. Through the process, the company eliminated $295 million in debt and preferred equity obligations. Source: News

Global supply fell 1.4 million b/d to 99.7 million b/d in January, according to data from the International Energy Agency’s latest Oil Market Report. The decline reflected factors including sanctions against Iran, a supply fall in the Organization of Petroleum Exporting Countries of 930,000 b/d in January, US sanctions against Venezuela’s state oil company Petroleos […]

The US Bureau of Ocean Energy Management plans to hold a Gulf of Mexico-wide oil and gas lease sale in March that will include all available unleased areas in federal waters covering about 78 million acres. Lease Sale 252 will include about 14,696 unleased blocks in a range of 3-231 miles offshore across the gulf’s western, […]

A Suncor Energy Inc. subsidiary is building a network of fast-charging stations for electric vehicles across Canada. More than 50 charging facilities will be installed at Petro-Canada service stations along the Trans-Canada Highway between Victoria, BC, and St. John’s, Newf. Source: News

BP Developments Australia, acting operator of a joint venture in Western Australian offshore exploration permit WA-359-P, has signed a contract for a rig to drill the Ironbark-1 wildcat well. Diamond Offshore Drilling’s Ocean Apex semisubmersible drilling rig will begin the program during next year’s second half. Ironbark-1 is expected to drill to a depth of […]

State-owned Sonatrach has let a contract to Larsen & Toubro Ltd. subsidiary L&T Hydrocarbon Engineering (LTHE) to provide engineering, procurement, construction, and commissioning services for three central gas processing plants near to each other in southwest Algeria’s Adrar Province. Source: News

Howard Energy Partners (HEP) and NextEra Energy Partners will jointly develop additional natural gas transportation projects in the Eagle Ford shale region of South Texas. Source: News

BHP Group’s board approved $696 million in funding to develop the Atlantis Phase 3 expansion in the US Gulf of Mexico and $256 million in funding to drill an additional appraisal well in Trion field offshore Mexico. BHP’s Atlantis decision came after Atlantis operator BP PLC approved the Atlantis Phase 3 in January. Source: […]