FAR Ltd., Perth, has been awarded additional equity and improved deepwater terms in its Guinea-Bissau offshore permits. Source: News

PJSC Gazprom, through its general contractor partner NIPIgazpererabotka (Nipigaz), has let a contract to China National Petroleum Corp. affiliate China Petroleum Engineering & Construction Corp. (CPECC), to provide related engineering, procurement, and construction services for its now 42 billion-cu m/year grassroots Amur natural gas processing plant under construction near Svobodny in Russia’s far-east Amur region. […]

Source: News

India’s state-owned Bharat Petroleum Corp. Ltd. (BPCL) has completed conversion of the catalytic reforming unit (CRU) at its 12 million-tonne/year Mumbai refinery into a light naphtha isomerization unit as part of the refiner’s program to comply with the Indian government’s nationwide mandate of producing 100% Bharat Stage 4 (BS 4, or Euro 4-equivalent) fuels, which […]

There could be significant damages from the US Customs and Border Protection Agency’s (CBP) proposed modifications of its rulings related to the use of Jones Act vessels in offshore oil and gas activity, a report commissioned by the American Petroleum Institute warned. Source: News

Dakota Access LLC and Energy Transfer Crude Oil Co. LLC (ETCO), units of Energy Transfer Partners LP (ETP), have launched a binding supplemental open season to solicit shipper commitments for transportation service for Bakken-Three Forks production to reach multiple markets through their respective pipeline systems. Source: News

The light, sweet crude oil contract for May delivery fell slightly on the New York market Apr. 3 to settle above $50/bbl while the Brent contract for June also fell modestly in London to settle above $53/bbl. Analysts cited concerns about lingering world crude oversupply. Source: News