Story by Bloomberg The Brazilian Congress’s lower house will “easily approve” a bill to relieve Petrobras of its obligation to operate new oilfields in the so-called pre-salt offshore area, according to the chamber’s president. Ruling coalition senators are looking to push through a proposal to remove a requirement for the state-run producer to take at least a 30 percent stake
Williams (WMB) today announced that its Board of Directors has authorized a process to explore a range of strategic alternatives following receipt of an unsolicited proposal to acquire Williams in an all-equity transaction at a stated per share price of $64.00. The unsolicited proposal was contingent on the termination of Williams’ pending acquisition of Williams Partners L.P. (WPZ). With the
Coast Guard seeks to deliver protection against “invisible” attacks. United States Coast Guard Commandant Vice Adm. Paul F. Zukunft in a keynote address at the Center for Strategic and International Studies on June 15 said that while the U.S. port facilities have hardened their perimeters and they now notify the U.S. Coast Guard of intrusions in order to identify possible coordinated attacks, there is a notable hole
PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE MKT: PED) (the “Company”) announced today that it has recently elected to participate for its full 25% working interest in seven horizontal wells planned to be drilled and completed by a third party operator in the Wattenberg Area of Weld County, Colorado, which wells are expected to commence drilling in June 2015. These
Energy XXI (EXXI.L) today announced that after several constructive meetings and exchanges of information, Energy XXI has reached an agreement with the Bureau of Ocean Energy Management (BOEM) with regard to supplemental bonding requirements for the company and its subsidiaries. Energy XXI has provided $150 million of supplemental bonding, bringing the company’s total supplemental bonding to $319 million at an
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
