Shucks. No writer likes missed chances to look prescient. Before the much-anticipated Apr. 17 meeting in Doha about a production freeze, this editor planned to write an editorial predicting failure of the effort. Source: News
Thai coal company opts into Marcellus gas field
Thailand’s Banpu PLC has acquired a 29.4% stake in Chaffee Corners joint exploration agreement for $112 million. The deal provides Banpu with a net interest equivalent 156 bcfd of gas. The agreement targets the net output of about 21 MMcfd this year, the company said in a statement published on Thai stock exchange. Source: […]
Current offshore platforms can withstand sea ice, study for BSEE says
Current Arctic offshore oil and gas platform designs are capable of withstanding sea ice demands during extreme weather under an existing International Organization for Standardization (ISO) practice, a University of Alaska at Anchorage study for the US Bureau of Safety and Environmental Enforcement found. Source: News
Shaky Nigeria loses top oil-production ranking in Africa
Nigeria’s loss to Angola of top position among African oil producers reflects more than geology. Source: News
Production begins at Point Thomson on Alaska’s North Slope
ExxonMobil Corp. has started production at its Point Thomson project on Alaska’s North Slope near the Arctic National Wildlife Refuge (ANWR). Source: News
22 Apr 2016 16:00:00 EDT – The latest stock information is now available for your stocks
XOM Last 87.53 Change +0.74 % Change 0.85% Volume 9,054,257 As of: 22 Apr 2016 16:00:00 EDT View: Stock Quote | News CVX Last 102.01 Change +0.61 […]
Upstream independents see problems in BLM venting, flaring proposal
The Independent Petroleum Association of America and three other associations representing US independent oil and gas producers jointly urged the US Bureau of Land Management to withdraw its proposed venting and flaring rule. Source: News
Groups welcome Alberta royalty changes
Oil and gas producer associations welcomed royalty innovations published Apr. 21 by the Alberta government for new wells not in the oil sands. Source: News
BHI: US rig count down 9 in 18th-straight week of losses
The US drilling rig count dropped 9 units to 431 during the week ended Apr. 22, the 18th-straight week in which the count has fallen, according to Baker Hughes Inc. data. Last week’s 3-unit loss was the smallest of the year thus far. Source: News
S-Oil advances Onsan refinery, olefins expansion
S-Oil Corp., Seoul, through a contractor, has let a contract to Technip SA, Paris, to provide proprietary equipment for a unit to be built as part of S-Oil’s residue upgrading and capacity expansion project at the 669,000-b/d Onsan refinery complex in Ulsan, South Korea. Source: News