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Oil & Gas

Andeavor Logistics to acquire Western Refining Logistics for $1.5bn US pipeline company Andeavor Logistics has entered into an agreement to acquire its rival Western Refining Logistics (WNRL) for $1.5bn. Oil & Gas > Transportation & Storage > News

Latest Oil & Gas News by Sector

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Drilling and Production

Silver Run to merge with Alta Mesa and Kingfisher Midstream
By EBR Staff Writer
Silver Run Acquisition Corporation II (Silver Run II) will acquire Oklahoma-based Alta Mesa Holdings and Kingfisher Midstream to create a combined company valued at nearly $3.8bn, focused on operations in the STACK play.
Oil & Gas > Drilling & Production > News
Turkey's Unit International signs $7bn deal to develop gas and oil fields in Iran
By EBR Staff Writer
Turkish firm Unit International has inked a $7bn agreement with Ghadir Investment and Zarubezhneft to carry out drilling activities in Iran in pursuit of oil and natural gas.
Oil & Gas > Drilling & Production > News

Exploration & Development

Greka Drilling secures two new contracts from PetroChina CNPC
Greka Drilling, the largest independent and specialized unconventional oil & gas driller in Asia, has announced that the Company has been awarded two new drilling contracts with PetroChina Huabei Oilfield Limited (PetroChina, a subsidiary of CNPC) in addition to the one currently in progress.
Oil & Gas > Drilling & Production > News
Gulf Of Mexico region-wide oil and gas lease sale yields $121m in high bids on 508,096 acres
U.S. Secretary of the Interior Ryan Zinke has announced that the region-wide Gulf of Mexico lease sale generated $121,143,055 in high bids for 90 tracts covering 508,096 acres in federal waters of the Gulf of Mexico.
Oil & Gas > Exploration & Development > News

Refining & Petrochemicals

Saipem wins $850m onshore E&C contract in Kuwait
By EBR Staff Writer
Saipem has bagged a new onshore engineering and construction (E&C) contract of worth nearly $850m relating to the new Al Zour refinery in Kuwait.
Oil & Gas > Refining & Petrochemicals > News
SABIC acquires 50% stake in SADAF chemicals JV for $820m
By EBR Staff Writer
SABIC has completed the acquisition of 50% stake in SADAF petrochemicals joint venture (JV) from Shell for around $820m.
Oil & Gas > Refining & Petrochemicals > News

Transportation & Storage

4 AM Midstream buys US midstream assets from White Star Petroleum
By EBR Staff Writer
4 AM Midstream has acquired midstream oil and gas gathering assets from White Star Petroleum for an undisclosed sum.
Oil & Gas > Transportation & Storage > News
Commonwealth LNG enters FERC process, schedules public open house
Commonwealth LNG has announced that the Federal Energy Regulatory Commission (FERC) has accepted its application to initiate the Pre-Filing Process for a Liquefied Natural Gas (LNG) Export Facility near Cameron, Louisiana.
Oil & Gas > Transportation & Storage > News