Marathon Petroleum Corp. has reached substantial engineering completion for the Tier 3 gasoline sulfur standard reconfiguration project at Marathon Petroleum Corp.’s 571,000-b/d Galveston Bay refinery in Texas City, Tex. Source: News

In two separate midstream transactions, Williams Cos. Inc., Tulsa, has entered Colorado’s Denver-Julesburg (DJ) basin and exited Williams Partners LP from the Four Corners Area (FCA) in New Mexico and Colorado. Source: News

A partnership of Quadrant Energy Ltd. and Carnarvon Petroleum Ltd. has confirmed an oil discovery in the Caley member of the Dorado-1 wildcat in permit WA-437-P in the Bedout subbasin off Western Australia as well as confirming the presence of gas and condensate in the top of the underlying Baxter member. Source: News

US Reps. Pete Olson (R-Tex.) and Gene Green (D-Tex.) introduced legislation that would help the US Federal Energy Regulatory Commission offer higher salaries to specialized engineers who play critical roles in reviewing applications to construct LNG projects. Source: News

Oil and gas industry associations welcomed the Trump administration’s proposals to revise portions of the Endangered Species Act so they are more clear and consistent. Source: News

To one of its biggest problems in decades, the refining industry might find solutions in its scrapyard. Strategically restarting idle capacity can help keep ships at sea as standards tighten for sulfur in bunker fuel. Source: News

Plans are progressing for the next stage of methane hydrate scientific drilling by the University of Texas at Austin (UT) and its partners on the US Outer Continental Shelf (OCS). Researchers hit a momentary snag regarding research vessels. Source: News

Oil prices fell on the New York and London markets July 27, ending the week with falling prices after three consecutive days of crude price gains. Traders and analysts attributed the price drop to hints of increasing oil supply from Russia’s energy minister. Source: News