Denham Capital, a leading energy-focused global private equity firm, announced the formation of Endeavor Energy today. Denham is seeding the enterprise with an initial commitment of $100 million from its $3 billion Fund VI raised in 2012 and will obtain co-investment from other financial investors and project level equity partners in the future. The financial strength of Denham allows Endeavor Energy to simultaneously pursue multiple projects across Africa.

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Afton Chemical is excited to introduce Microbotz™, heroes of protection and performance for our Industrial lubricant additive Portfolio.

The world of Industrial lubricants is complex with a multitude of products serving an ever-growing and diverse range of end-use industries, with frequent overlap between products and applications.

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Stallion Oilfield Holdings, Inc. (the “Company”) announces today that it is seeking commitments for a new senior secured term loan in an aggregate principal amount of up to $350,000,000 (the “Term Loan”) and an increase of commitments under its existing asset-backed loan facility (“ABL”) from $50 million to $65 million. The proceeds from the Term Loan are intended to be used to redeem the remaining $134 million of the Company’s senior secured notes due 2015, fund a portion of an approximately"...

The Ministry of Oil and Gas is in the process of awarding as many as 13 blocks for exploration and production, of which six are in the final stage of negotiations and are expected to be awarded this year.

Speaking to reporters on the sidelines of the Oman EPC Projects Summit on Monday, Dr Saleh al Anboori, director general of petroleum investments at the ministry, said, "Six blocks are in the final negotiation stage and hopefully will be awarded soon. We will sign agreements for these"...

ExxonMobil’s Singapore Chemical Plant is now producing ethylene from the facility’s second world-scale steam cracker.

The expansion is integrated with the existing petrochemical plant. Over the next few weeks, the petrochemical complex, powered by a 375-megawatt cogeneration"......

The Kuwaiti ruler on Monday accepted the resignation of Oil Minister Hani Hussein who quit apparently to avoid being questioned in parliament over a $2.2-billion penalty payment to US Dow Chemical.

"A decree was issued by the emir accepting the resignation of the oil minister," State Minister for Cabinet Affairs, Sheikh Mohammad Abdullah Al-Sabah, told the official KUNA"...

Enclosed Trough system uses the sun’s energy to produce steam for thermal EOR; exceeded contracted performance by 10 percent in first test

Petroleum Development Oman (PDO), the largest producer of oil and gas in Oman, and GlassPoint"......