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The latest upstream oil and gas news from around the world.

Copyright: Copyright 2017 Inc. All rights reserved.

Delek Said to Start Roadshow for $1.1 Billion Gas IPO Next Week

Thu, 22 Jun 2017 00:00:00 GMT

Delek Group will start a roadshow next week to sell a stake in a $12.3 billion natural gas field off Israel's shores, according to a source.

Delek To List New Unit That Will Take Over Part Of Tamar Stake

Thu, 22 Jun 2017 00:00:00 GMT

Israeli oil company Delek Drilling sets up a company that will take over a 9.25% stake in the Tamar natural gas field.

Michigan Fires Contractor Doing Enbridge Oil Pipeline Risk Analysis

Wed, 21 Jun 2017 00:00:00 GMT

The US State of Michigan said it has fired a consultant after state officials discovered a conflict of interest with an employee of the company.

Australia Energy Company Requests Arbitration In Row Over Oil Project

Wed, 21 Jun 2017 00:00:00 GMT

Woodside Petroleum confirms that fellow Australian energy company FAR Ltd had requested arbitration in an ownership dispute that has delayed a promising oil project off Senegal.

Monadelphous in 'Major' Contract Win

Wed, 21 Jun 2017 00:00:00 GMT

Monadelphous secures a 'major' contract with Woodside Energy Ltd for the provision of gas asset general maintenance services and offshore brownfields implementation.

Total Energy Services Completes Savanna Energy Services Acquisition

Wed, 21 Jun 2017 00:00:00 GMT

Total Energy Services Inc. completes acquisition of Savanna Energy Services Corp.

Italy's Eni, Iran Sign Agreement For Oil And Gas Field Studies

Tue, 20 Jun 2017 00:00:00 GMT

Eni and National Iranian Oil Company (NIOC) sign a memorandum of understanding for feasibility studies on the development of an oil field and a gas field.

Cenovus To Replace CEO, Plans Asset Sales After Unpopular Deal

Tue, 20 Jun 2017 00:00:00 GMT

Cenovus Energy says it would replace Chief Executive Brian Ferguson, who championed an unpopular purchase.

Malaysia's Sapura Energy Q1 Profit Falls On Taxes, Weak Drilling

Mon, 19 Jun 2017 00:00:00 GMT

Malaysia's largest oil and gas services firm, Sapura Energy Bhd, posted a 75% drop in its Q1 net profit.

Oil And Gas Producer EQT To Buy Rice Energy In $6.7B Deal

Mon, 19 Jun 2017 00:00:00 GMT

EQT to buy Rice Energy for $6.7 billion in its biggest deal ever, as it looks to expand its natural gas business.

European Commission Approves Shell's $3.8B North Sea Sale

Fri, 16 Jun 2017 00:00:00 GMT

The European Commission approved on Shell's $3.8B sale of North Sea oil and gas assets to Chrysaor.

Siccar Point Energy Relocates to New HQ

Fri, 16 Jun 2017 00:00:00 GMT

North Sea exploration and production company Siccar Point Energy relocates its staff to H1 at the Hill of Rubislaw in Aberdeen.

Ex-Noble Group's CEO Alireza Sues Founder Elman for $58 Million

Wed, 14 Jun 2017 00:00:00 GMT

The former CEO of Noble Group has filed a lawsuit against founder Richard Elman claiming that he's owed stock in the embattled commodity trader.

Abu Dhabi's Dana Gas Gets Injunction Blocking Claims On $700 MM Sukuk

Wed, 14 Jun 2017 00:00:00 GMT

Dana Gas obtains an injunction in a United Arab Emirates court blocking claims for payments on its $700 million of outstanding sukuk.

IPE Professor Wins Alfred Wegener Award

Wed, 14 Jun 2017 00:00:00 GMT

The director of the Institute of Petroleum Engineering wins the 2017 Alfred Wegener Award by the European Association of Geoscientists and Engineers.

Oilfield Services Group Takes on Charity Cycling Challenge

Wed, 14 Jun 2017 00:00:00 GMT

UK-based oilfield services company HTL Group is taking on a new cycling challenge this summer to raise money for its adopted charity, Jessica's Sarcoma Awareness.

WPX Forms JV To Develop Midstream Assets In Permian Basin

Tue, 13 Jun 2017 00:00:00 GMT

U.S. oil and gas producer WPX Energy Inc agrees to form a joint venture with privately held Howard Energy Partners to develop oil gathering and natural gas processing infrastructure in the Permian.

Encana To Sell Natgas Assets To Caerus Oil For $735MM

Fri, 09 Jun 2017 00:00:00 GMT

Encana says it will sell its Piceance natural gas assets in northwestern Colorado for $735 million.

Centrica Sells Canadian Gas Assets For $305 MM

Fri, 09 Jun 2017 00:00:00 GMT

Centrica says it will sell its 60% stake in its Canadian oil and gas exploration and production joint venture.

Aberdeen Oil Services Firm Appoints New Manager to Run Growing Business

Thu, 08 Jun 2017 00:00:00 GMT

Aberdeen oil services firm Ramco Tubular Services Limited appoints 'experienced oil and gas industry' manager to run its growing business in Australia.