Production starts at natural gas development in Malaysia
Startups in Malaysia are expected to add about 60,000 barrels of oil equivalent per day to ConocoPhillips production volumes by 2017. More »
Porter Hedges expands energy practice to Oklahoma
Houston’s Porter Hedges opened an office in Oklahoma City and added four energy lawyers in the law firm’s first expansion outside of Texas. More »
Linn Energy is selling $2.3 billion in assets
Proceeds from Linn’s sales will be to pay for $2.3 billion worth of assets it bought Devon Energy Corp. More »
Insurance industry changes with energy industry
Newer areas for insurance companies to cover include shale gas, wind turbines and transporting oil by railroads, a speaker said at the Independent Insurance Agents of Houston Energy Symposium. More »
Expert: Pa. didn’t address fracturing health impacts
By Kevin Begos Associated Press PITTSBURGH — Pennsylvania’s former health secretary says the state has failed to seriously study the potential health impacts of one of the nation’s biggest natural gas drilling booms. Dr. Eli Avila also says the state’s current strategy is a disservice to people and even to the industry itself because health […] More »
SEC Probe of Key Energy may expand
The U.S. Securities and Exchange Commission is investigating Houston-based Key Energy Services for possible violations of federal bribery laws involving its operations in Mexico and Russia, according to corporate documents filed with the SEC. More »
Laredo Energy gets $130M to up drilling
Laredo Energy has landed $130 million in private equity funding to cover its Texas drilling efforts, the Houston company said Wednesday. More »
Exxon and Linn to swap assets
Exxon Mobil Corp. will gain assets in the Midland Basin in Texas and Linn Energy will receive interests in the Hugoton gas field in Kansas and Oklahoma. More »
Apache names Annell Bay to its board
Bay, 58, recently retired after six years as vice president of Global Exploration at Marathon Oil Co. More »
BASF-Yara ammonia plant would go in Freeport
BASF, based in Germany, and Yara, based in Norway, describe the plant as “word scale” and say it would have an annual capacity of 750,000 metric tons.
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Kinder Morgan spending $671 million on carbon dioxide push
The company plans to boost CO2 production operations in Colorado as well as expand its 500-mile Cortez Pipeline that moves CO2 from southwestern Colorado to eastern New Mexico and West Texas for use in enhanced oil recovery (EOR) projects.
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Memorial Production Partners spending $935 million on Wyoming assets
Memorial Production Partners LP said Monday it inked a deal to buy oil producing properties in Wyoming for about $935 million. More »
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