BOEM: August lease sale to offer all available acreage in the western gulf

The US government will offer about 23.5 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the western Gulf of Mexico Planning Area, the Bureau of Ocean Energy Management reported Apr. 5. Source: News


MARKET WATCH: Oil prices down on weak US January product demand

Crude oil prices continued to slide Apr. 4 after the release of a US government report detailing lower demand for petroleum products. The lower demand, mostly shown in weaker demand for distillates, was attributed to warmer-than-average weather. Source: News


Contract let for Elba Liquefaction Project

Subsidiaries of Kinder Morgan Inc. have let a major contract to IHI E&C for the Elba Liquefaction Project, an LNG terminal planned at Elba Island near Savannah, Ga. (OGJ Online, July 16, 2015). Source: News


Plains Midstream Canada to acquire Empress NGL business

Plains Midstream Canada ULC has entered into a definitive agreement to pay $200 million (Can.) in cash to acquire the ownership interests held by Westcoast Energy Inc. in Spectra Energy Corp.’s Canadian natural gas liquids business. Source: News


Richards to become Chevron’s treasurer

Randolph S. Richards has been appointed Chevron Corp.’s corporate vice-president and treasurer, effective May 1. Source: News


Gassco tabs new management team

Norwegian state-owned Gassco AS selected a new management team, which took over Mar. 29. Source: News