Global oil product markets could become as unstable as their crude oil counterparts because changing product specifications could reduce output from overseas refineries that have not been updated, a leading observer said Source: News
25 Sep 2017 10:57:07 EDT – The latest stock information is now available for your stocks
XOM Last 80.565 Change +0.645 % Change 0.81% Volume 2,323,926 As of: 25 Sep 2017 10:57:08 EDT View: Stock Quote | News CVX Last 117.9204 Change +0.6304 […]
MARKET WATCH: Brent, NYMEX crude oil prices rise on OPEC optimism
Light, sweet crude oil for the November contract gained modestly, settling above $50/bbl on Sept. 22 for a third consecutive day. Oil prices continued rising on Sept. 25 after some officials from the Organization of Petroleum Exporting Countries said production agreements were rebalancing the world oil supply-demand situation. Source: News
25 Sep 2017 09:55:40 EDT – The latest stock information is now available for your stocks
XOM Last 80.4561 Change +0.5361 % Change 0.67% Volume 1,042,547 As of: 25 Sep 2017 9:55:40 EDT View: Stock Quote | News CVX Last 117.85 Change +0.56 […]
Watching Government: Remembering Pete Domenici
Pete V. Domenici’s 36-year US Senate career was so broad that several tributes following his death on Sept. 13 gave short shrift to his work on the Energy and Natural Resources Committee, particularly as chairman under one president and ranking minority member under another. So we’ll start with some of what the committee’s current chair, […]
Trinidad and Tobago's new master gas plan routes LNG through NGC
BP PLC and Royal Dutch Shell PLC may no longer be allowed to sell natural gas directly to Atlanic LNG (ALNG) and will have to transport its gas to ALNG via Trinidad and Tobago’s National Gas Co. (NGC), according to the recommendations contained in the Caribbean twin-island nation’s Natural Gas Master Plan (NGMP). Source: News
US House passes Interior, EPA budget bill with some key amendments
The US House of Representatives approved the Fiscal 2018 Interior Department, Environment, and Related Appropriations bill on Sept. 14 that included two amendments affecting oil and gas producers that it adopted the previous day. Source: News
The future of oil
Starkly contrasting views emerged this month about the future of oil. One sees a peak in oil demand as early as 2020. The other sees no peak for at least the next couple of decades. Source: News
The singular stream
Despite surviving a nearly 8-year-long career as a crude oil price reporter for the petroleum industry before finding a home at Oil & Gas Journal, this editor rarely gave much thought to the language used to describe and distinguish-perhaps to our collective detriment-the various sectors of our business. Source: News
Desperation helps pact to limit oil output stay intact
Although production restraint has proven slower than hoped by its sponsors at balancing an oversupplied oil market, late-2016 agreements are making history. Source: News