Three US House Republicans from Mid-Atlantic coastal states asked US Interior Sec. Sally Jewell to keep all of the proposed area for an oil and gas lease sale off their states in the next 5-year US Outer Continental Shelf management program. Source: News
Big losses reported in 4Q 2015 on writedowns, low oil prices
Weighed by lower commodity prices and asset impairments, a sample of 59 US-based oil and gas producers and refiners posted combined net losses of $39.98 billion in fourth-quarter 2015 compared with earnings of $9.56 billion in the same quarter a year earlier. Source: News
Heat and health
When federal agencies warn about “premature death,” Americans should hide their rainy-day funds. Gloomy officials never leave other people’s money alone. Source: News
Spring, color, wisdom
Spring has officially sprung in Houston, and as happens every year for many of us, the signs of her arrival stir a strange sense of feeling torn between hopeful assurance about the sweetness of the days ahead but utter misery over the price our allergies will pay before those days are here. Source: News
Interest-rate hike would weaken crude price—but how much?
Signs that the US Federal Reserve might boost interest rates this month provide a useful reminder that supply and demand don’t explain everything about oil prices. Source: News
Gazprom Neft improves recovery at Orenburg field, confirms Siberian field
PJSC Gazprom Neft said it recently conducted five multistage fracing operations in the eastern part of Orenburg oil and gas-condensate field in southwestern Russia. Source: News
8 Apr 2016 16:00:00 EDT – The latest stock information is now available for your stocks
XOM Last 83.21 Change +0.84 % Change 1.02% Volume 9,376,003 As of: 8 Apr 2016 16:00:00 EDT View: Stock Quote | News CVX Last 96.33 Change +1.54 […]
8 Apr 2016 15:57:18 EDT – The latest stock information is now available for your stocks
XOM Last 83.06 Change +0.69 % Change 0.84% Volume 8,147,307 As of: 8 Apr 2016 15:57:18 EDT View: Stock Quote | News CVX Last 96.26 Change +1.47 […]
Fire hits LyondellBasell’s Houston refinery
Houston Refining LP, a wholly owned subsidiary of LyondellBasell Industries NV, has reported a fire at its 268,000-b/d full-conversion Houston refinery on the Houston Ship Channel. Source: News
8 Apr 2016 14:57:17 EDT – The latest stock information is now available for your stocks
XOM Last 83.21 Change +0.84 % Change 1.02% Volume 6,665,246 As of: 8 Apr 2016 14:57:17 EDT View: Stock Quote | News CVX Last 96.08 Change +1.29 […]