Despite its being an election year, Congress still is an important part of Washington oil and gas associations’ 2016 federal strategies. But those efforts will need to reflect changes in US Senate and House dynamics in 2015 and earlier, association officials told OGJ. Source: News
With ethanol case spent, fans resort to dragon-slaying
With arguments crumbling for governmental support of ethanol, politicians have joined lobbyists to slay the “big-oil” dragon. Source: News
Near-term pipeline construction strong
Planned pipeline construction to be completed in 2016 increased 64% from the year prior, with expected products, crude, and natural gas project completions all climbing even as future planned mileage slipped in all three categories, most markedly crude and products. Source: News
Guide to world crudes: Statoil publishes assay for Grane Blend
The company developed Grane oil field in the North Sea using an integrated accommodation, processing, and drilling platform with fixed steel-frame construction resting on the seabed. The platform sits on Block 25/11, about 185 km west of Haugesund, Norway, in water 127 m deep. Source: News
Shell inks deal to sell Malaysian refinery
Royal Dutch Shell PLC has entered into a conditional agreement to sell its majority interest in Shell Refining Co. (FOM) Bhd. (SRC), including the 125,000-b/d refinery in Port Dickson, Malaysia, to Malaysia Hengyuan International Ltd. (MHIL), a subsidiary of China’s Shandong Hengyuan Petrochemical Co. Ltd. (SHP), Shandong. Source: News
Flare gas recovery systems benefit from acid gas temperature analyses
A study of two methods for removing H2S and CO2 from natural gas at a Middle Eastern gas processing plant concluded that control of sour gas feed temperature can eliminate the need for trim coolers and associated refrigeration in the design of acid gas recovery units (AGRU), resulting in reduced capital expenditures, improved efficiency for […]
1 Feb 2016 10:56:12 EST – The latest stock information is now available for your stocks
XOM Last 75.97 Change –1.88 % Change 2.41% Volume 4,329,483 As of: 1 Feb 2016 10:56:12 EST View: Stock Quote | News CVX Last 84.82 Change –1.65 […]
MARKET WATCH: NYMEX, Brent oil prices hit 3-week highs
Light, sweet crude for March delivery gained 40¢ on Jan. 29 to settle at $33.62/bbl, marking the New York Mercantile Exchange’s highest closing since Jan. 6. Brent crude oil rose 85¢ to $34.74/bbl on the London market, its highest settlement since Jan. 5. Source: News
1 Feb 2016 9:56:39 EST – The latest stock information is now available for your stocks
XOM Last 75.72 Change –2.13 % Change 2.74% Volume 1,610,264 As of: 1 Feb 2016 9:56:39 EST View: Stock Quote | News CVX Last 84.45 Change –2.02 […]
Shear test, stress analysis predict collapsing pressure in China's Liushagang shale
A new study uses shear tests and seepage-stress analysis in north China’s Liushagang formation to create a model that predicts collapsing pressure and avoids costly drilling delays in hard, brittle shales. Source: News