Offshore oil and gas operators in the US Gulf of Mexico are evacuating platforms and rigs in preparation for Hurricane Harvey. The storm intensified into a hurricane Aug. 24 as it headed toward the Texas coast.   Source: News

State-owned Kuwait Petroleum Corp. (KPC) subsidiary Kuwait Oil Co. (KOC) has let a contract to Saipem SPA to build a system of onshore feed pipelines to connect KOC’s domestic petroleum production to fellow KPC subsidiary Kuwait National Petroleum Co.’s (KNPC) grassroots 615,000-b/d Al-Zour refinery complex now under construction in southern Kuwait. Source: News

Affiliates of Apollo Global Management LLC and Double Eagle Development LLC have formed Double Eagle Energy Holdings III LLC, Fort Worth, to invest in oil and gas properties in the Permian basin.   Source: News

Natural gas produced in the US has played a key role in making the country’s electricity grid more reliable and will continue to be an important fuel source, the US Department of Energy indicated a recently released study of the nation’s electric power generation, transmission, and distribution system.   Source: News

Kelvin Tang has been elevated to chief executive officer of KrisEnergy Ltd. of Singapore, effective Sept. 1. He currently serves as chief operating officer and president of the company’s Cambodian operations.   Source: News

DNO ASA, Oslo, has been assigned the Kurdistan regional government’s 20% interest in the Tawke license as part of a settlement of payments owed to the company for past crude oil deliveries.   Source: News

Light, sweet crude oil prices on the New York Mercantile Exchange increased modestly on the New York market on Aug. 23, climbing to settle above $48/bbl for the first time this week.   Source: News