Colder weather forecasts and greater demand for natural gas than last winter are expected to place upward pressure on gas prices this winter compared with last winter’s unusually low prices, the Natural Gas Supply Association said in its 2016-17 Winter Outlook assessment of the wholesale gas market. Source: News
API asks federal appeals court to restore Dakota Access permits
Lawyers for the American Petroleum Institute asked a federal appeals court to reinstate permits for a portion of the Dakota Access crude oil pipeline that the Obama administration withdrew in early September following a series of protests and confrontations. Source: News
Repsol’s Peruvian refinery starts up unit, low-sulfur fuel project
Praxair Inc., Danbury, Conn., has commissioned a previously announced hydrogen plant built to supply industrial gas to Repsol SA unit Refineria La Pampilla SAA’s 102,000-b/d La Pampilla refinery in Peru’s Callao province, near Lima. Source: News
Floatel due to arrive offshore Western Australia
Keppel Offshore & Marine subsidiary Keppel FELS has delivered the fifth-generation high-spec accommodation semisubmersible Floatel Triumph to Floatel International. Source: News
5 Oct 2016 12:01:56 EDT – The latest stock information is now available for your stocks
XOM Last 86.89 Change +0.64 % Change 0.74% Volume 3,106,917 As of: 5 Oct 2016 12:01:57 EDT View: Stock Quote | News CVX Last 102.08 Change +0.81 […]
Alaska’s North Slope yields large-scale, light oil discovery
Two exploration wells and 126 sq miles of existing 3D seismic have confirmed a 6 billion-bbl light crude discovery on Caelus Energy Alaska, LLC’s Smith Bay state leases on Alaska’s North Slope, according to the company. Source: News
EIA: US crude stockpiles fall 3 million bbl
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped 3 million bbl during the week ended Sept. 30 from the previous week’s total, according to the US Energy Information Administration’s Petroleum Status Report. Source: News
MEO Australia to relaunch under new name
MEO Australia Ltd. has announced plans to relaunch the company as Melbana Energy Ltd. Source: News
MARKET WATCH: NYMEX oil prices fall slightly on OPEC skepticism
The US light, sweet crude oil price for November dropped slightly Oct. 4 as skepticism built among analysts regarding the Organization of Petroleum Organization’s proposal to cut cartel production to 32.5-33 million b/d. Source: News
5 Oct 2016 10:59:15 EDT – The latest stock information is now available for your stocks
XOM Last 86.8 Change +0.55 % Change 0.64% Volume 2,069,311 As of: 5 Oct 2016 10:59:15 EDT View: Stock Quote | News CVX Last 102.1637 Change +0.8937 […]