The US and Canada will require an average $26 billion/year, or $546 billion from 2015 to 2035, to build new natural gas, crude oil, and natural gas liquids infrastructure, a study commissioned by the INGAA Foundation Inc. concluded. Source: News
MARKET WATCH: NYMEX oil price climbs above $42/bbl, reaching 2016 high
Light, sweet crude oil prices for May delivery climbed nearly $2 on the New York market Apr. 12 to settle slightly above $42/bbl, marking the highest front-month closing for the year so far. Brent crude oil prices on the London market for June closed above $44/bbl. Source: News
SPE IOR: Nanoparticles, polymers among tech advancements
Upstream technology advancements often materialize during hard times for industry such as low oil prices, Janeen Judah, 2017 president-elect of the Society of Petroleum Engineers and general manager for Chevron Corp.’s Southern Africa business unit, told SPE IOR conference participants in Tulsa Apr. 12. Source: News
13 Apr 2016 10:00:49 EDT – The latest stock information is now available for your stocks
XOM Last 84.26 Change –0.09 % Change 0.11% Volume 933,488 As of: 13 Apr 2016 10:00:49 EDT View: Stock Quote | News CVX Last 97.34 Change –0.17 […]
Saipem signs third MOU for work in Iran
Saipem has entered a memorandum of understanding (MOU) with Razavi Oil & Gas Development Co., Tehran, about possible cooperation in the development of Toos natural gas field 100 km northeast of Mashhad, Iran. Source: News
Merit Energy to buy Marathon’s Wyoming assets for $870 million
Merit Energy Co., Dallas, has agreed to acquire all of the upstream and midstream assets in Wyoming that belong to Marathon Oil Corp., Houston, for $870 million, a Marathon official confirmed to OGJ on Apr. 12. Source: News
12 Apr 2016 16:00:00 EDT – The latest stock information is now available for your stocks
XOM Last 84.35 Change +1.03 % Change 1.24% Volume 9,716,855 As of: 12 Apr 2016 16:00:00 EDT View: Stock Quote | News CVX Last 97.5 Change +2.26 […]
12 Apr 2016 15:00:32 EDT – The latest stock information is now available for your stocks
XOM Last 84.44 Change +1.12 % Change 1.34% Volume 6,386,918 As of: 12 Apr 2016 15:00:33 EDT View: Stock Quote | News CVX Last 97.36 Change +2.12 […]
EIA: Yearly US motor fuel spending to be lowest in 12 years
The US Energy Information Administration forecasts in its April Short-Term Energy Outlook that, during the April-through-September summer driving season this year, US regular gasoline retail prices will average $2.04/gal, compared with $2.63/gal last summer. Source: News
12 Apr 2016 13:57:09 EDT – The latest stock information is now available for your stocks
XOM Last 84.374 Change +1.054 % Change 1.27% Volume 5,308,764 As of: 12 Apr 2016 13:57:09 EDT View: Stock Quote | News CVX Last 97.39 Change +2.15 […]