District 5 investing up to $35M in Pathfinder

September 22, 2017 0

Private equity firm District 5 Investments said today it’s investing up to $35 million in startup Pathfinder Resources, a limited liability company formed to acquire producing and non-producing oil and gas mineral interests, royalty interests and non-operated working interests across the U.S.  

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India’s L&T awarded pipeline contract in Kuwait

September 22, 2017 0

Indian conglomerate Larsen & Toubro (L&T) won a major pipeline contract valued close to 1.7 billion Indian rupees ($261.54 million) with Kuwait Oil Company (KOC), following a “stiff international competitive bidding,” Kallanish Energy reports.

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Drax CEO to step down amid major strategy shift

September 22, 2017 0

The UK energy industry will lose one of the few women holding a chief executive position, as Dorothy Thomson retires from British energy giant Drax after 12 years of leadership, Kallanish Energy learns.

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Oasis Midstream prices IPO

September 22, 2017 0

Houston-based independent producer Oasis Petroleum this week announced the pricing of 7.5 million common units for the initial public offering of Oasis Midstream Partners at $17 per unit.

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Qatargas, BOTAS sign new LNG pact

September 22, 2017 0

Qatargas, the world’s largest liquefied natural gas producer, said this week it’s signed a three-year sales and purchase agreement with BOTAŞ Petroleum Pipeline, Turkey’s state-owned crude and natural gas pipeline and trading company.

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