PennEnergy's Top Oil & Gas News 5/2

Top Oil & Gas News
	Hundreds evacuated after crude oil train derails and burns in Virginia Hundreds were evacuated from Lynchburg, Virginia April 30th after a CSX train carrying crude oil derailed downtown. The Chicago to Virginia train lost 15 cars at about 2:30pm. 3 of the cars burst into flames. No fatalities or injuries have been reported. Full Article Share:
	PennEnergy Video News Update From a major milestone for the Bakken field, to ExxonMobil's success in Papua New Guinea, to Gear Energy's acquisition in Canada, all of the week's biggest headlines are in the PennEnergy Video News Update. Full Article Share:

This Week's Most Popular Oil & Gas News
• Aker Solutions to split into 2 companies
• Bakken field produces first billion barrels of oil
• ExxonMobil PNG LNG Project starts production ahead of schedule
• Gear Energy acquires $85 million in heavy oil assets
• Williams halts investment in Bluegrass NGL pipeline
• Gazprom and CNPC draft gas pipeline supply contract to be signed in May
• EPB to buy natural gas assets from Kinder Morgan for approximately $2 billion
• McDermott achieves offshore Asia-Pacific reel-lay industry first
• Encana agrees to sell producing properties in East Texas
• Foster Wheeler awarded EPC contracts by Pemex for refineries in Mexico
• GE launches Tech collaboration with Mexican Petroleum Institute
• Silver Tusk announces completed oil exploration well in Austin
• Jayhawk Energy announce Farmout Agreement in southeast Kansas
• Linde to build hydrogen production unit for Neste Oil