The US rig count has recorded an increase of 20 or more units twice in the last 4 weeks, accelerating a drilling rebound that spans more than 6 months. Source: News
9 Dec 2016 13:55:16 EST – The latest stock information is now available for your stocks
XOM Last 88.63 Change +0.31 % Change 0.35% Volume 4,185,435 As of: 9 Dec 2016 13:55:16 EST View: Stock Quote | News CVX Last 115.71 Change +0.54 […]
Lakes Oil to sue Victorian government
Lakes Oil Ltd. of Melbourne is suing the government of Victoria for $2.7 billion (Aus.) in damages following the state’s ban on onshore gas exploration. The writ was filed in the Supreme Court. Source: News
9 Dec 2016 12:56:23 EST – The latest stock information is now available for your stocks
XOM Last 88.5415 Change +0.2215 % Change 0.25% Volume 3,605,235 As of: 9 Dec 2016 12:56:23 EST View: Stock Quote | News CVX Last 115.29 Change +0.12 […]
Nigerian operator lets contract for gas processing plant
Southfield Petroleum Ltd., Lagos, has let a contract to China Machinery Engineering Corp. (CMEC), Beijing, to provide engineering, procurement, and construction services for a 250-MMcfd natural gas processing plant at Utorogu field in oil mining lease 34 about 42 km southeast of Warri, Nigeria. Source: News
WoodMac: Global oil, gas exploration to return to profitability in 2017
Global oil and gas exploration should return to profitability in 2017 after 5 years of only single-digit returns, research and consulting firm Wood Mackenzie Ltd. says in a report. Source: News
Swiss-Qatari combine to buy Rosneft stake
Glencore PLC and Qatar’s sovereign wealth fund plan to buy a 19.5% interest in Rosneft for €10.2 billion. Source: News
Cenovus lifts 2017 capital budget by 24%, to resume Christina Lake expansion
Cenovus Energy Inc., Calgary, in 2017 plans to invest $1.2-1.4 billion, a 24% increase compared with the firm’s forecast capital spending for 2016. Source: News
9 Dec 2016 11:57:58 EST – The latest stock information is now available for your stocks
XOM Last 88.3535 Change +0.0335 % Change 0.04% Volume 2,969,856 As of: 9 Dec 2016 11:57:58 EST View: Stock Quote | News CVX Last 115.42 Change +0.25 […]
Petronas reports first LNG production from Satu
Malaysia’s Petronas reported the start of LNG production from its first floating LNG (FLNG) facility offshore Sarawak. Source: News