Source: Industry Insights
25 May 2017 14:54:50 EDT – The latest stock information is now available for your stocks
Source: Industry Insights
25 May 2017 13:57:35 EDT – The latest stock information is now available for your stocks
Source: Industry Insights
Refining NZ lets contract for Marsden Point refinery
New Zealand Refining Co. Ltd. (Refining NZ) has let a contract to WorleyParsons Ltd. to provide engineering, procurement, shutdown, and construction management (EPCM) services for its 107,000-b/d refinery at Northland, in Marsden Point, New Zealand, near Whangarei. Source: News
Global outlook uncertain for oil, worse for LNG, analyst says
A balanced global crude oil market likely will remain elusive into 2018 because so many underlying dynamics have changed in the last 10 years, a leading analyst said. The outlook is worse for LNG because markets are saturated, prices are depressed, and economics are unfavorable, Fereidun Fesharaki, founder and chairman of FGE Consulting Group, observed […]
Statoil gets nod to start production at Gina Krog field in North Sea
Source: News
ADNOC, OMV to seek downstream cooperation
Abu Dhabi National Oil Co. and OMV AG have signed a memorandum of understanding to explore opportunities to work together in downstream ventures in Abu Dhabi. Source: News
25 May 2017 12:54:53 EDT – The latest stock information is now available for your stocks
Source: Industry Insights
OPEC, non-OPEC producers extend production-target agreement for 9 months
The Organization of Petroleum Exporting Countries and a group of non-OPEC countries, including Russia, agreed to extend existing production targets to Apr. 1, 2018, in efforts to reduce world oil inventories and stabilize oil prices. Source: News
MARKET WATCH: NYMEX, Brent crude oil prices stay flat before OPEC meeting
Light, sweet crude oil dropped slightly but stayed fairly flat in May 24 trading on the New York Mercantile Exchange settling above $51.30/bbl pending a May 25 meeting of Petroleum Exporting Countries in Vienna. Source: News