MARKET WATCH: NYMEX crude oil for June, July settles above $66/bbl

Light, sweet crude oil for both June and July contracts rose to settle above $66/bbl on the New York market Apr. 23 while Brent for June delivery rose to settle above $74/bbl for a second day on the London market. Source: News


Murphy to acquire deepwater, oil-weighted Gulf of Mexico assets from LLOG

Murphy Oil Corp. has agreed to acquire from LLOG Exploration Offshore LLC and LLOG Bluewater Holdings LLC assets in 26 Gulf of Mexico blocks containing seven producing fields and four development projects with future start-ups in the Mississippi Canyon and Green Canyon areas for $1.375 billion cash. Source: News


OMV Petrom commissions new unit at Petrobrazi refinery

OMV Petrom SA, Bucharest, has started up a new unit that converts LPG components into Euro 5-quality gasoline and middle distillates at its 90,400-b/d Petrobrazi refinery in the southeast region of Romania, near Ploiesti City. Source: News