Daily Archives: July 18, 2016

OGIC sustains sponsorship of UK offshore R&D

The Oil & Gas Innovation Centre has issued an update on its activities, which include 11 ongoing projects involving collaborations between Scottish companies and Scottish universities. Read Full Article Here For more great articles: Offshore RSS Feed

Total acquiring battery maker Saft Groupe

Total SA will acquire 90.14% of the capital and voting rights of Saft Groupe SA, a designer and manufacturer of advanced-technology batteries for industry based in Bagnolet, France, under a public tender offer to be settled July 21. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Cameron LNG expansion project gets non-FTA export nod

Cameron LNG has received authorization from the US Department of Energy (DOE) to export an additional 1.41 bcfd from its proposed Louisiana liquefaction expansion project to countries that do not have a free trade agreement with the US. Following approval, Cameron LNG’s export capacity will be 24.92 million tons/year, or 3.53 bcfd. Read Full Article…

Magellan Midstream to build Texas marine terminal

Magellan Midstream Partners LP plans to construct a high-capacity marine terminal along the Houston Ship Channel in Pasadena, Tex., to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation

EIA: US oil companies closer to self-finance

As US oil companies’ spending falls and crude oil prices increase, their immediate financial situations are improving and the need for companies to find external sources of funding may decline. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

LaFehr named president of Baytex Energy

Ed LaFehr has been named president of Baytex Energy Corp., Calgary, effective July 18. He will report to James Bowzer, chief executive officer. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest