New President and CEO at Talisman Energy
Hal Kvisle has been named President and Chief Executive Officer for Talisman Energy. Kvisle is the former President and Chief Executive Officer of TransCanada Corporation and current director of Talisman Energy.
Kvisle has more than 35 years of experience in domestic and international oil and gas, midstream and pipeline operations and has created substantial value for shareholders during his tenures at TransCanada Corporation and Fletcher Challenge Energy.
Chevron acquires Delaware Basin Acreage
Chevron Corporation has announced that its subsidiary, Chevron U.S.A. Inc., has agreed to acquire 246,000 net leasehold acres in the Delaware Basin in New Mexico, a part of the Permian Basin, from Chesapeake Energy Corporation.
GE & Petrobras sign record contract
GE Oil & Gas has signed a record deal of nearly $1.1B (USD) with Brazilian energy company Petrobras. This is the world's largest subsea wellhead production contract.
Sunoco & Carlyle Group complete joint venture
The Carlyle Group L.P. And Sunoco Inc. have completed the formation of the Philadelphia Energy Solutions joint venture that will operate the Philadelphia Refinery, which has a processing capacity of 330,000 barrels of crude oil per day.
Tallgrass acquires Kinder Morgan midstream assets
Tallgrass Energy Partners LP entered into a purchase and sale agreement with Kinder Morgan Energy Partners LP (KMP) to purchase Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Company, the Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming and KMP's 50% interest in the Rockies Express Pipeline (REX).
