The National Petroleum Council has agreed to use the new approach in the US Department of Energy’s 2016 Clear Path IV emergency preparedness exercise to independently track progress in implementing recommendations in its 2014 Enhancing Emergency Preparedness for Natural Disasters report and identify opportunities for continued improvement. Source: News
1 Aug 2016 12:01:14 EDT – The latest stock information is now available for your stocks
XOM Last 86.4866 Change –2.4634 % Change 2.77% Volume 9,367,926 As of: 1 Aug 2016 12:01:14 EDT View: Stock Quote | News CVX Last 99.9662 Change –2.5138 […]
Antero to buy Marcellus nonoperated interest from Statoil
Antero Resources Corp., Denver, has agreed to acquire certain nonoperated interests in the Marcellus shale in West Virginia from Statoil ASA for $96 million in cash. The deal is expected to close by the end of the third quarter. Source: News
1 Aug 2016 11:23:59 EDT – The latest stock information is now available for your stocks
XOM Last 86.62 Change –2.33 % Change 2.62% Volume 7,184,680 As of: 1 Aug 2016 11:24:00 EDT View: Stock Quote | News CVX Last 100.26 Change –2.22 […]
MARKET WATCH: NYMEX crude ends volatile week with a slight gain
The light, sweet crude oil price for September rallied somewhat on the New York market July 29 to end a very volatile week at $41.60/bbl compared with early June when the front-month contract traded around $50/bbl. Source: News
1 Aug 2016 9:56:27 EDT – The latest stock information is now available for your stocks
XOM Last 87.175 Change –1.775 % Change 2% Volume 1,907,517 As of: 1 Aug 2016 9:56:27 EDT View: Stock Quote | News CVX Last 101.15 Change –1.33 […]
Can Iraq tackle its problems?
Iraqis generally recognize that their country sits on some of the world’s largest oil and gas supplies that could provide substantial benefits. But depressed commodity prices aggravated mismanagement imposed by outsiders as well as internally in a nation that’s in the middle of one of the world’s most politically unstable neighborhoods, an expert observed. […]
3-D pipeline spatial data advances design, operation
Testing of data provided by the Second Pipeline Construction Co. of China National Petroleum Corp. (PetroChina Pipeline) shows that using a 3D pipeline spatial-data model (PSDM) not only can further pipeline information management but also aid design and operation. The Pipeline Open Data Standard (PODS) provided the data-testing framework. Source: News
Early detection of custody-transfer gauge issues keys successful use
Proper calibration can yield savings of 0.4% over the typical 25-year life of a large natural gas transfer metering system, equaling $120-330 million of extra revenue for the system examined, depending on commodity pricing. Determining early that meters are properly calibrated is key to realizing these savings. Source: News
Examples illustrate sour-gas processing megaproject metrics
Increased recovery of hydrocarbon resources containing high amounts of H2S has spurred ongoing development of projects to gather and process large volumes of extremely sour gas. Source: News