Maersk Oil, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, reported that it will cut about 100 staff positions, reflecting the closure of its Houston office and reduction of its Luanda team.

An eruption of proposed US Environmental Protection Agency regulations in the last year could create such substantial compliance costs for oil and gas producers that many would not be able to participate in EPA’s voluntary Methane Challenge Program, two American Petroleum Institute officials warned.

Rockies Express Holdings LLC, a wholly owned subsidiary of Tallgrass Development LP, has agreed to acquire the 25% interest in the Rockies Express Pipeline LLC belonging to Sempra US Gas & Power, a unit of Sempra Energy, for $440 million in cash.

Seven Generations Energy Ltd., Calgary, has completed construction and commissioning of the Cutbank gas processing plant at its Kakwa River project in northwest Alberta.

The US Environmental Protection Agency launched a voluntary oil and gas methane emissions reduction effort, the Natural Gas STAR Methane Challenge Program, with 41 companies. The partnership between EPA and the companies builds on the regulator’s Natural Gas STAR program, which focuses on cost-effective methane emission reductions from natural gas operations.

Oil & Gas UK has published updated guidelines on well practices to improve safety and performance.

BP PLC and China National Petroleum Corp. (CNPC) have signed a production-sharing contract for shale gas exploration, development, and production on Neijiang-Dazu block in China’s Sichuan basin.

Light, sweet crude oil prices for May delivery rose slightly on Mar. 30 on the New York market to settle above $38/bbl after the weekly inventory report showed another gain in US crude oil supplies.