BP to Develop Second Phase of Giant Khazzan Gas Field
The development of Ghazeer, the second phase of the giant Khazzan gas field in Oman, is approved.

BP plc announced Monday that, together with its partner Oman Oil Company Exploration & Production, it has approved the development of Ghazeer, the second phase of the giant Khazzan gas field in Oman.



Aramco Takes Step to Integrating Petrochems into US' Biggest Refinery
Saudi Aramco took the first steps to integrating a petrochemicals business into the United States' biggest oil refinery.

Reuters

HOUSTON, April 8 (Reuters) - Saudi Aramco took the first steps to integrating a petrochemicals business into the United States' biggest oil refinery, which is operated by its subsidiary Motiva Enterprises.



Kinder Morgan Halts Most Work on Disputed Canada Pipeline Expansion
Many in the energy industry are concerned about whether any new pipelines can be built in Canada.

Reuters

OTTAWA, April 8 (Reuters) - Kinder Morgan Canada on Sunday suspended most work on a C$7.4 billion ($5.8 billion) oil pipeline expansion that has become the focus of protests, a move underscoring uncertainty over major energy projects in Canada.



Reuters

NEW YORK, April 9 (Reuters) - Oil prices rose more than 2 percent on Monday, supported by a rebound in the stock buy Wellhead market as concerns of a trade war between the United States and China eased.



Exxon Sparks IMF Concern With Weighty Returns in Tiny Guyana
Exxon Mobil Corp. got such a "favorable" deal from Guyana, home to the biggest new deepwater oil play, that the tiny South American country should rewrite its tax laws, the International Monetary Fund said.



Reuters

HOUSTON, April 9 (Reuters) - Oklahoma regulators forced an oil and gas producer to reduce operations on a well used for disposing saltwater following a large earthquake over the weekend that set off a series of seismic activity in the state, Matt Skinner, spokesman for the Oklahoma Corporation Commission (OCC), said on Monday.



Reuters

ASTANA, April 6 (Reuters) - Kazakhstan hopes to settle a profit sharing dispute with global energy companies developing the Karachaganak gas condensate field by June, its deputy energy minister said on Friday, after talks were repeatedly extended.



Reuters

MOSCOW, April 6 (Reuters) - Russian Energy Minister Alexander Novak said that an arrangement under which Moscow cooperates with the OPEC oil group could become indefinite once a current deal to curb oil oil rig flanges gulf coast production expires in the end of the year.



After Targeting US Farms, China Can Strike America's Shale
China's tariffs in one corner of the energy buy Wellhead market signal US shale fields may follow the nation's farms as a target if a trade war escalates.



Reuters

JAKARTA, April 6 (Reuters) - Chevron has submitted a proposal to extend its contract to operate the Rokan oil block in Indonesia beyond 2021, Deputy Energy Minister Arcandra Tahar said on Friday.

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