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Rigzone Recent News

The latest oil and gas news from around the world.
  1. The WTI and Brent crude oil benchmarks on Monday largely erased the more than two-percent gains they posted at the end of last week.
  2. Greenpeace activists boarded two Shell offshore platforms in the Brent field in the U.K. North Sea to protest decommissioning plans they claim will leave "hazardous oily sludge" in the sea.
  3. U.S. independents Parsley Energy, Inc. and Jagged Peak Energy Inc. have entered into a definitive merger agreement which will allow Parsley to acquire Jagged Peak in an all-stock deal valued at $2.27 billion.
  4. The sale is contingent on Energean completing its proposal to acquire Edison E&P.
  5. Nothing right now is stopping a surge in oil tanker rates that's given owners of the vessels one of the biggest boosts in years.
  6. The expansion will provide access to attractive markets on the Gulf Coast through Enterprise's integrated midstream network.
  7. ConocoPhillips has agreed to sell the subsidiaries holding its Australia-West assets and operations to Santos Limited for US$1.39 billion.
  8. French energy giant Total SA is spending $600 million to expand its presence in one of the world's fastest-growing natural gas markets.
  9. Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook.
  10. Nigeria began preliminary talks with international oil companies to settle a dispute over revenue.
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