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The latest Oil and Gas news from Oil and Gas Journal
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Questerre Energy said it will challenge “last-minute restrictions on oil and gas activities and hydraulic fracturing” in regulations implementing 2016 petroleum legislation in Quebec. In a press release, the company welcomed implementation of the Petroleum Resources Act, saying modernization of Quebec hydrocarbon law is essential to Utica shale development in the St. Lawrence Lowlands.

Posted: August 21, 2018, 5:08 pm

Willie Chiang will become chief executive officer of Plains All American Pipeline LP and Plains GP Holdings when Greg Armstrong, chairman and CEO, retires on Oct. 1.

Posted: August 21, 2018, 4:28 pm

ConocoPhillips will recover from Petroleos de Venezuela SA (PDVSA) the $2 billion awarded by an arbitral tribunal constituted under the rules of the International Chamber of Commerce (ICC), plus interest, following a settlement agreement.

Posted: August 21, 2018, 3:47 pm

Eric M. Hambly has been named executive vice-president, onshore, of Murphy Oil Corp. He has been senior vice-president, US onshore, of wholly owned subsidiary Murphy Exploration & Production Co. (Murphy E&P).

Posted: August 21, 2018, 3:11 pm

ExxonMobil Namibia (PEL44) Ltd. has agreed to acquire a 30% interest in petroleum exploration license 44 (PEL44) in the Walvis basin offshore Namibia from Azinam Ltd., according to the farmor. Water depths in the 5,722-sq-km block range from less than 300 m to more than 2,500 m. The deal is subject to government approval and other conditions.

Posted: August 21, 2018, 2:45 pm
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