Chevron Australia, Beach Energy, and Woodside Energy/Kufpec have paid a total of A$11.1 million for three cash bid exploration permits offshore Western Australia and Victoria. Source: News
Origin signs gas offtake deal for Golden Beach field
Origin Energy Ltd., Sydney, has signed an agreement with private Australian developer/producer GB Energy to purchase all the natural gas to be produced from GB Energy’s Golden Beach gas field about 3km off the Gippsland coast of eastern Victoria.Origin Energy Ltd., Sydney, has signed an agreement with private Australian developer/producer GB Energy to purchase all […]
EPA proposes study of possible RFS ethanol quota air quality impacts
The US Environmental Protection Agency has proposed a study of whether ethanol volume quotas under the Renewable Fuel Standard are having adverse air quality impacts. Source: News
API joins consumer-based coalition to get Congress to approve USMCA
The American Petroleum Institute announced that it has joined the newly launched USMCA Coalition to get Congress to approve the US-Mexico-Canada Agreement, the nation’s largest oil and gas association said. Source: News
ADNOC, Korean firms to study opportunities
Abu Dhabi National Oil Co. has signed three framework agreements exploring opportunities with South Korean energy companies in oil and gas exploration and production, downstream, and bunkering of crude oil and LNG. Source: News
Hess Midstream Partners to acquire Tioga gathering system
Hess Midstream Partners LP subsidiary Hess North Dakota Pipelines LLC agreed to purchase the crude oil and gas gathering assets of Summit Midstream Partners’ Tioga gathering system. Source: News
Borouge lets contract for new cracker at Ruwais petrochemical complex
Source: News
MARKET WATCH: Brent crude oil drops about $2/bbl, NYMEX about $1.80/bbl
Brent crude oil prices fell more than $2/bbl on the London market and light, sweet crude oil prices fell about $1.80/bbl on the New York markets after US President Donald Trump said oil prices are getting too high. Source: News
Lundin hits dry well north of Snohvit field in Barents Sea
Lundin Norway AS has plugged exploration well 7121/1-2 S on the Pointer-Setter prospect in PL767, southeast of the Alta-Gohta discovery in the southern Barents Sea. The well is dry. Source: News
Watching Government: API dedicates new HQ
The American Petroleum Institute approached its 100th anniversary in March with a move to its new state-of-the-art headquarters at 200 Massachusetts Ave. NW in Washington, DC. Source: News