Post Tagged with: "JV"

BP to Enter India’s Fuel Retail Market with Reliance Tie-Up

BP to Enter India’s Fuel Retail Market with Reliance Tie-Up

From Reuters


Global oil major BP is deepening its ties with Indian conglomerate Reliance Industries by forging a fuel retailing joint venture to capitalize on rising demand in Asia’s third-biggest economy.

The move comes days after BP said it would …

Source: Salt Creek Midstream

Salt Creek Midstream Subsidiary Announces Open Season in the Delaware

By Tyler Losier, Energy Reporter, Oil & Gas 360

SCM Crude LLC to solicit binding commitments for interstate gathering and transportation
SCM Crude LLC, a wholly-owned subsidiary of Salt Creek Midstream LLC, will begin to solicit binding commitments for priority

Occidental and Ecopetrol Team Up in the Midland

Occidental and Ecopetrol Team Up in the Midland

By Tyler Losier, Energy Reporter, Oil & Gas 360

Occidental Petroleum and Ecopetrol S.A. form joint venture in the Midland Basin
Occidental Petroleum Corporation (stock ticker: OXY), the fourth largest public E&P by market capitalization, has formed a joint venture

Source: Solaris Water Midstream

Concho Resources and Solaris Water Form JV in the Delaware Basin

By Tyler Losier, Energy Reporter, Oil & Gas 360

Concho Resources and Solaris Water Midstream team up for produced water management in the northern Delaware Basin
Concho Resources (stock ticker: CXO), a Permian-focused unconventional shale producer, has formed a strategic

E&P Forms $500 Million JV With PE Firm

E&P Forms $500 Million JV With PE Firm

By Tyler Losier, Energy Reporter, Oil & Gas 360

Colony Capital agrees to invest up to $500 million in California Resources Corporation
California Resources Corporation (stock ticker: CRC) has formed a strategic joint venture with Colony HB2 Energy, the energy

New JV in the Gulf of Mexico

New JV in the Gulf of Mexico

By Tyler Losier, Energy Reporter, Oil & Gas 360

GulfSlope Energy teams up with unnamed private company
Houston-based GulfSlope Energy (stock ticker: GSPE) has signed a letter of intent to form a joint venture with an unnamed, privately held oil

Source: Summit Midstream Partners

Summit Midstream Partners Makes FID, Forms JV

By Tyler Losier, Energy Reporter, Oil & Gas 360

Summit Midstream to proceed with Double E pipeline project
Summit Midstream Partners (stock ticker: SMLP) has made a final investment decision to proceed with its Double E pipeline project, after having

Source: Saudi Aramco

Saudi Aramco Signs 12 Agreements Worth Billions

By Tyler Losier, Energy Reporter, Oil & Gas 360

Aramco looks to expand its South Korean presence
Saudi Aramco has signed a series of 12 different agreements with a variety of South Korean companies in order to expand its international

Barrick, Newmont Deal Clears All Regulatory Conditions

Barrick, Newmont Deal Clears All Regulatory Conditions

Nevada Joint Venture Deal Clears All Regulatory Conditions

Gray Oak Pipeline Links Permian’s Oil to Corpus Christi’s Refining and Exports

Gray Oak Pipeline Links Permian’s Oil to Corpus Christi’s Refining and Exports

Expanded pipeline could grow to one million barrels per day of oil takeaway

Andeavor (ticker: ANDV), formerly known as Tesoro, will be partnering up with Phillips 66 Partners (ticker: PSXCP) and Buckeye Partners, L.P. (ticker: BPL) in two projects that …

Cove Point Fall Colors, Nov. 2017

Dominion Energy Cove Point LNG Says it will Start Up Commercial Ops Early 2018, Denies LNG Contract Re-Negotiations

Dominion Energy (ticker: D) issued a statement today saying it would begin commercial operations early next year under the terms of previously negotiated 20-year contracts with ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, …

December 19, 2017 - 2:23 pm Closing Bell Story‎, Energy News, LNG, Oil and Gas 360 Articles
Well Completions JV with Weatherford and Schlumberger Checks Off DOJ Clearance

Well Completions JV with Weatherford and Schlumberger Checks Off DOJ Clearance

Weatherford International plc (ticker: WFT) said that the U.S. Department of Justice has cleared the proposed OneStimSM joint venture between two oilfield service giants—Weatherford and Schlumberger Ltd. (ticker: SLB)—granting early termination of the waiting period required by the Hart-Scott-Rodino …

November 30, 2017 - 4:58 pm Closing Bell Story‎, Energy News, Oil and Gas 360 Articles
First Nations Complete Purchase of 49% Interest in Suncor’s East Tank Farm Development

First Nations Complete Purchase of 49% Interest in Suncor’s East Tank Farm Development

Suncor Energy Inc. (NYSE: SU), Fort McKay First Nation (FMFN), and Mikisew Cree First Nation (MCFN) announced today the completion of the acquisition by FMFN and MCFN of a 49% partnership in Suncor’s East Tank Farm Development for total proceeds …

Back to Growth:  PetroQuest Energy Finalizes Texas JV, Readies Cotton Valley HZ Program for December Spud

Back to Growth:  PetroQuest Energy Finalizes Texas JV, Readies Cotton Valley HZ Program for December Spud

PetroQuest is targeting record production growth in 2017

Today’s announcement from PetroQuest Energy (ticker: PQ) delivered a clear signal that PetroQuest will hit the accelerator on growth starting now, anchored by a Texas drilling program that could deliver an attractive …

Golar and Schlumberger Form LNG Joint Venture

Golar and Schlumberger Form LNG Joint Venture

Companies say 40% of the world’s gas reserves can be classified as stranded; Golar and Schlumberger plan to employ FLNG to monetize stranded gas

Global LNG shipper Golar LNG Limited (ticker: GLNG) and the world’s largest oilfield service company Schlumberger …

July 25, 2016 - 3:43 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles