Oil & Gas Industry News
Welcome to the Energy News Page. Here you can find links to the latest news from reputable sources in the oil and gas industry.
Petronas eyes Canadian partnership to tap B.C. natural gas
Ontario town slams proposal for nuclear-waste facility, citing safety issues
NEB to assess climate issues in Energy East pipeline review
Private-equity firms pass on Canadian energy deals
TAEP: Texas upstream economy expands for eighth straight month
The Texas upstream oil and gas economy grew in July for an eighth consecutive month after contracting during the previous 24 straight months.
Preem advances Lysekil refinery expansion project
Swedish refiner Preem AB, a wholly owned subsidiary of Corral Petroleum Holdings AB, Stockholm, is progressing with its previously announced plan to expand vacuum distillation capacity at its 11.4-million tonne/year refinery at Lysekil, Sweden.
KrisEnergy, Cambodia sign agreements for Gulf of Thailand oil development
The Cambodian government and KrisEnergy Ltd. have signed fiscal and technical agreements after 3 years of negotiating for the nation’s first oil field development in Cambodia Block A in the Gulf of Thailand.
Shell begins production from Gbaran-Ubie Phase 2 in Nigeria
Shell Petroleum Development Co. of Nigeria Ltd. (SPDC) has started production at Gbaran-Ubie Phase 2 in Nigeria’s Niger Delta region.
Cairn Energy upgrades offshore Senegal oil resources
Cairn Energy Ltd. has increased its estimate of recoverable resources in SNE oil field offshore Senegal.
EIA oil inventory report shows 3.3 million-bbl decline
US commercial crude oil inventories declined 3.3 million bbl during the week ended Aug. 18 compared with the previous week’s total, continuing a months-long downward trend, the US Energy Information Administration reported.