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Petrobras CEO and executives resign

Petrobras CEO and executives resign | Energy Supply Chain Leaders | Scoop.it
The head of Brazil's state-run oil company Petrobras and five senior executives resign amid the fallout from a corruption scandal.
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Saudi Aramco's Aramco Services Co. opens Aramco Research Center in Houston focused on upstream - Houston Business Journal

Saudi Aramco's Aramco Services Co. opens Aramco Research Center in Houston focused on upstream - Houston Business Journal | Energy Supply Chain Leaders | Scoop.it
The 60,000-square-foot center will create 100 high-tech, scientific and research jobs.
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Texas oil production is continuing at record pace - San Antonio Business Journal

Texas oil production is continuing at record pace - San Antonio Business Journal | Energy Supply Chain Leaders | Scoop.it
Drilling permits are up 30 percent from a year ago.
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Buckeye Partners buys interest in Trafigura's Corpus Christi terminal complex, other assets for $860 million

Buckeye Partners buys interest in Trafigura's Corpus Christi terminal complex, other assets for $860 million | Energy Supply Chain Leaders | Scoop.it
The deal comes less than a year after Buckeye spent a similar amount to acquire assets from Hess Corp.
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BP to sell San Juan Basin oil and gas assets in New Mexico

BP to sell San Juan Basin oil and gas assets in New Mexico | Energy Supply Chain Leaders | Scoop.it
The company hopes to close on a deal by the end of 2014.
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McDermott International gets new CFO - Houston Business Journal

McDermott International gets new CFO - Houston Business Journal | Energy Supply Chain Leaders | Scoop.it

Houston-based McDermott International Inc. (NYSE: MDR) has poached its new CFO from Houston-based Halliburton Co. (NYSE: HAL).

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How the Bakken Oil Boom Impacts U.S. Supply Chains

How the Bakken Oil Boom Impacts U.S. Supply Chains | Energy Supply Chain Leaders | Scoop.it
For those of you on the coasts (all three of them—East, West, and Gulf) you may be vaguely aware of the Bakken oil boom in North Dakota.

Via Cathy Roberson
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Soros Doubles YPF Stake in Argentina’s Nascent Shale Boom

Soros Doubles YPF Stake in Argentina’s Nascent Shale Boom | Energy Supply Chain Leaders | Scoop.it
George Soros’s $28 billion family office more than doubled its stake in YPF SA, making the state- controlled oil producer its biggest U.S.-traded stock holding two years after Argentina seized control of the company.
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Ultra Petroleum acquires Shell assets - Houston Business Journal

Ultra Petroleum acquires Shell assets - Houston Business Journal | Energy Supply Chain Leaders | Scoop.it
Houston-based Ultra Petroleum Corp. (NYSE: UPL) is swapping assets and buying acreage from Royal Dutch Shell PLC (NYSE: RSD-A).
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Petronas says it is in talks with four companies over LNG project stakes

Petronas says it is in talks with four companies over LNG project stakes | Energy Supply Chain Leaders | Scoop.it
Petronas, Malaysia's state-run oil and gas company, said it is in talks with four potential partners from Japan and the Middle East for stakes in its Canadian LNG project.
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Rail News - Crude-by-rail terminals to expand in Alberta, New Mexico

Rail News - Crude-by-rail terminals to expand in Alberta, New Mexico | Energy Supply Chain Leaders | Scoop.it
Railroad industry Rail Industry Trends news about: Kinder Morgan Energy Partners, crude by rail, CN, Canadian Pacific, BNSF, Southwestern Railroad, Murex, Cetane. From the editors of Progressive Railroading Magazine
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American Midstream investing $310 million in Texas' Eagle Ford Shale - Denver Business Journal

American Midstream investing $310 million in Texas' Eagle Ford Shale - Denver Business Journal | Energy Supply Chain Leaders | Scoop.it
The Denver-based pipeline company has set an aggressive growth strategy in the south Texas area.
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Shell supplies Scuderia Ferrari with motor oil made from natural gas

Shell supplies Scuderia Ferrari with motor oil made from natural gas | Energy Supply Chain Leaders | Scoop.it
Scuderia Ferrari will use this motor oil for the first time on the track at the 2014 Singapore Grand Prix.
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Exxon Mobil and Linn Energy exchange acreage in Texas' Permian Basin and California's South Belridge Field - Dallas Business Journal

Exxon Mobil and Linn Energy exchange acreage in Texas' Permian Basin and California's South Belridge Field - Dallas Business Journal | Energy Supply Chain Leaders | Scoop.it
This is the second such exchange agreement this year between the two energy companies.
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Party in oil & gas stocks may be over for time being: Kotak

Party in oil & gas stocks may be over for time being: Kotak | Energy Supply Chain Leaders | Scoop.it
Kotak believes that earnings boost from reforms related to fuel pricing and subsidy-sharing mechanism is already in the price...
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James Lewis's curator insight, September 10, 2014 9:56 PM

Actually this may be true for some but for those in the know it will still be a boom. It all depends on how well you know the indusrty. Its no where close to being over but there will be a shake down of those who dont know how to play. The industry is prepairing to evolve to a mesmerizing effect.

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Parsley Energy Announces Midland Basin Acquisitions, Horizontal Well Result, Midstream Agreement, and Appointment of New Board Member

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WTI Trades Near Three-Day High Before Supply Data; Brent Steady

West Texas Intermediate traded near a three-day high before a government report forecast to show crude stockpiles dropped for a second week in the U.S., the world’s biggest oil consumer. Brent was steady in London.
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ITC slaps tariffs on steel tubes used in oil exploration; American steel companies were losing fracking market share - Greensboro - Triad Business Journal

ITC slaps tariffs on steel tubes used in oil exploration; American steel companies were losing fracking market share - Greensboro - Triad Business Journal | Energy Supply Chain Leaders | Scoop.it
The U.S. International Trade Commission imposed duties on steel tubes used for oil exploration imported from six countries, agreeing with American steelmakers that these foreign imports were being dumped here at less than fair value.
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Apache strikes oil off Western Australia, possibly the country's biggest finds in decades

Apache Corp. said it found as much as 300 million barrels of crude off Western Australia, possibly one of Australia's largest oil discoveries in decades.
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PennTex Midstream plans initial public offering and master-limited partnership - Houston Business Journal

PennTex Midstream plans initial public offering and master-limited partnership - Houston Business Journal | Energy Supply Chain Leaders | Scoop.it
The Houston-based company, which was founded early this year, plans to form a new master-limited partnership and to complete an initial public offering for the MLP by the end of the year.
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Venari Resources CEO Brian Reinsborough talks $1.3B capital raise, expansion plans - Houston Business Journal

Venari Resources CEO Brian Reinsborough talks $1.3B capital raise, expansion plans - Houston Business Journal | Energy Supply Chain Leaders | Scoop.it
Brian Reinsborough, founder, chairman and CEO of Venari, says the new cash will fund continued exploration and development in the deep waters of the Gulf of Mexico.
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PetroChina asset seeks IPO

PetroChina asset seeks IPO | Energy Supply Chain Leaders | Scoop.it
A Singapore-based petroleum-storage company, co-owned by a local oil tycoon and China's largest oil producer PetroChina, is looking to raise about $800 million, making it the latest firm to jump on the bandwagon in trust-heavy Singapore.
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Columbia Pipeline Group to build Leach Xpress pipeline - Pittsburgh Business Times

Columbia Pipeline Group to build Leach Xpress pipeline - Pittsburgh Business Times | Energy Supply Chain Leaders | Scoop.it
Utility proposing a 160-mile line to carry natural gas out of the Marcellus and Utica shale fields.
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Why Anadarko is willing to bet billions on a risky natural-gas project in Mozambique

Why Anadarko is willing to bet billions on a risky natural-gas project in Mozambique | Energy Supply Chain Leaders | Scoop.it
Despite costs in the billions and faraway customers, Anadarko Petroleum is proceeding with one of the most difficult projects envisioned by a Western energy company.
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