The sale comes after Eni last month disposed of a 12.5 percent stake in Saipem SpA in a bid to remove Italy’s oil services company’s debt from its balance sheet.
An arsenal of oil and gas gadgets includes a lot of tech that was developed by industry outsiders.
Attendees of a series of U.S. Bureau of Land Management hearings being held this week say both opponents and supporters have been out in force.
The blast killed three Filipino workers — Avelino Tajonera, Ellroy Corporal and Jerome Malagapo — and injured several others.
Shell’s takeover has already won key regulatory approvals from the U.S., the European Union and Brazil.
The Alaska Dispatch News reports that when production begins in 2018 at the filed in the National Petroleum Reserve-Alaska — an Indiana-sized Arctic reserve — the project is expected to yield 30,000 barrels of oil daily at its peak.
The changes are necessary “in order to effect immediate and significant changes to the board in order to preserve and enhance shareholder value,” FrontFour said in a statement Thursday.
Iran removed 4,530 centrifuges during the 28 days ending Nov. 15, a rate of 162 machines per day, according to an International Atomic Energy Agency report issued late Wednesday.
Investment banking firm Piper Jaffray’s cash and stock offer for Simmons, announced Tuesday, would fold one of the few private, energy-centric investment banks based in Houston into a Minneapolis-based, publicly traded company.
The combined pipeline will run from Colorado to the oil logistics hub in Cushing, Oklahoma more than 550 miles away.