WorldOil Blackstone ‘scrambling’ to invest in distressed oil and gas companies Blackstone Group, the biggest alternative-asset manager, is “scrambling” to invest more than $10 billion in energy companies after the price of oil plunged, the firm’s president said. Sen. Murkowski leads U.S. Senate approval of Keystone XL pipeline Sen. Lisa Murkowski, R-Alaska, chairman of the Senate Energy and Natural Resources Committee, today voted to approve legislation authorizing the cross-border permit for constriction of the Keystone XL pipeline. API establishes office in Colorado WASHINGTON -- The American Petroleum Institute has announced the establishment of a Colorado Petroleum Council that will focus on energy priorities in the state, including hydraulic fracturing and energy infrastructure, as the state seeks to create jobs, generate more revenue to the government, and produce more domestic energy. Murkowski: DOE won’t hinder progress of Alaskan LNG exports U.S. Sen. Lisa Murkowski, R-Alaska, has received confirmation from Christopher Smith, Assistant Secretary for Fossil Energy at the Department of Energy (DOE), that LNG export projects in Alaska are eligible for conditional authorizations. Marine Well Containment Company delivers expanded containment system HOUSTON -- Marine Well Containment Company (MWCC) announced today the completion and delivery of its expanded containment system (ECS), bolstering well containment capabilities and response readiness for operators in the deepwater U.S. Gulf of Mexico. The enhanced system builds on the equipment and technology put into place with MWCC’s Interim Containment System, made available in February 2011. Wintershall awards contract to 4Subsea for North Sea project HVALSTAD, Norway -- Wintershall Norway) has awarded 4Subsea a frame agreement contract related to Subsea Engineering Services. The agreement covers engineering and advisory services related to subsea production systems including wellheads, Christmas trees and well intervention systems. GE opens marine-dedicated division PARIS -- GE has unveiled its new GE Marine organization, which combines several GE businesses, and will be led by Tim Schweikert, V.P., GE Marine. Inaugural ShaleTech Canada offers unique forum for networking, technology sharing ShaleTech Canada 2015 is the premier event for professionals working in the shale oil and gas industry in Canada, which is the world's fifth-largest oil producer. WPX completes sale of international interests WPX Energy has completed the disposition of its international interests upon the successful merger of Apco Oil and Gas International with a subsidiary of privately held Pluspetrol Resources Corporation. Rex Energy names new CFO STATE COLLEGE, Pennsylvania -- Rex Energy Corporation has announced that Thomas Rajan has been appointed CFO of the company effective Feb. 1, 2015. Maersk Drilling takes delivery of third ultra-harsh environment jackup Maersk Drilling has taken delivery of its third ultra-harsh environment jackup, XLE-3, from the Keppel FELS shipyard in Singapore ahead of schedule.