Delek US Holdings Inc., Brentwood, Tenn., has completed its purchase of Alon Israel Oil Co. Ltd.’s US-based refining and marketing subsidiary Alon USA Energy Inc., Dallas, which owns and operates a 74,000-b/sd refinery in Krotz Springs, La.; an idled 70,000-b/sd, three-refinery complex in California; and through its majority interest in Alon USA Partners LP, a […]

Gina Krog field on the Utsira High in the Norwegian North Sea started production June 30, said operator Statoil ASA and the Norwegian Petroleum Directorate. The field lies 30 km northwest of Sleipner field. Source: News

Anyala and Madu oil fields offshore Nigeria have moved toward development with an agreement for financial and technical assistance from Schlumberger Ltd. A joint venture of Nigerian National Petroleum Corp. and First Exploration & Petroleum Development Co. Ltd. signed an agreement with Schlumberger envisioning combined production of 50,000 b/d of oil and 120 MMscfd of […]

Origin Energy Ltd., Sydney, and its partners in the BassGas joint venture reported the completion of its Mid Life Enhancement project at Yolla gas-condensate field in license T/L1 in the Bass basin offshore northern Tasmania in the Bass Strait. Source: News

The US and Brent crude oil futures benchmarks both ended June on a seven-session gaining streak. Light, sweet crude oil for August jumped more than $1 to settle above $46/bbl on June 30 while Brent gained 50¢ to close at nearly $48/bbl on the London market. Source: News

Abu Dhabi National Energy Co. PJSC (TAQA) Atrush BV subsidiary brought oil production on stream at its Atrush block in Iraq’s Kurdistan region on July 3 through the Atrush central processing unit, which has the capacity to handle as much as 30,000 b/d. Source: News