Suncor Energy Inc., Calgary, has agreed to acquire 10% working interest in the Fort Hills oil sands project from Total E&P Canada Ltd. for $310 million (Can.), or $230 million (US). The deal is expected to close by yearend. Source: News

New Australian Prime Minister Malcolm Turnbull has unveiled his new cabinet, appointing former Assistant Treasurer Josh Frydenberg as federal minister for resources, energy, and Northern Australia. Source: News

Oil prices sank more than $2/bbl on the New York market Sept. 18 as market participants reacted to comments from the US Federal Reserve about a soft global economy. Fed officials cited worries about how a slowing economy in China could affect the US economy. Source: News

It will not be feasible for the US to reach renewable fuel volumes that the Energy Independence and Security Act of 2007 (EISA 2007) mandates in 2015 and beyond, a study commissioned by the American Petroleum Institute concluded. Source: News

A coalition of more than 400 environmental organizations and individuals planned to formally ask the Obama administration to stop new federal fossil fuel leasing on public lands and oceans in the US. Oil and gas trade associations and other business groups quickly called the idea unrealistic. Source: News

Energy policy helps explain why real estate mogul Donald Trump dominates competition to become the Republican Party’s candidate in the 2016 presidential election. Source: News

International news for oil and gas professionals Source: News

A double-dip in oil prices over the past few months has dashed hopes raised in May that prices would hold steady at $60/bbl. Source: News

Money is the second-best reason for colleges and universities not to shed oil and gas investments. Source: News

Making offshore oil and gas operations safer is never far from some people’s minds. Recent reports and ongoing activities remind the rest of us that it still matters. Source: News