The Natural Gas Supply Association and the American Petroleum Institute jointly filed an Oct. 20 brief supporting an appeal of a New York federal district court’s decision supporting the state’s Zero Emissions Credits (ZEC) program, which utilities and others contend is a disguised attempt to subsidize nuclear power. Source: News
CNOOC starts up vacuum residue unit at Huizhou refinery
CNOOC Oil & Petrochemicals Co. Ltd., the refining arm of China National Offshore Oil Corp., has commissioned a 4 million-tonne/year vacuum residue upgrading plant as part of the Phase 2 expansion of subsidiary CNOOC Huizhou Refining & Chemical Co. Ltd.’s 12 million-tpy integrated refining complex at the Daya Bay Economic & Technological Development Zone in Huizhou […]
23 Oct 2017 12:55:25 EDT – The latest stock information is now available for your stocks
XOM Last 83.4499 Change +0.3399 % Change 0.41% Volume 4,401,379 As of: 23 Oct 2017 12:55:25 EDT View: Stock Quote | News CVX Last 119.22 Change +0.58 […]
23 Oct 2017 11:55:19 EDT – The latest stock information is now available for your stocks
XOM Last 83.11 Change unch % Change unch Volume 0 As of: 23 Oct 2017 11:55:19 EDT View: Stock Quote | News CVX Last 118.64 Change unch […]
World won't meet temperature goal just by cutting CO2
Institutions shunning oil and gas ignore problems of feasibility in the management of global average temperature. Source: News
Watching Government: Keeping BOEM, BSEE separate
Let’s not mince words: Michael R. Bromwich thinks recombining the US Bureau of Ocean Energy Management and US Bureau of Safety and Environmental Enforcement is a terrible idea. It’s not simply because one of his last jobs at the Department of the Interior in 2011 was to divide the Bureau of Ocean Energy Management, Regulation, […]
Deloitte: Executives' confidence now 'cautious' for quick industry recovery
A majority of oil and gas executives expect the price of West Texas Intermediate crude to remain in the $40-50/bbl range in 2017, according to a recently released survey conducted by Deloitte. In its 2017 Oil & Gas Executive survey, released Oct. 11, 64% of executives held this view. Source: News
IEA forecasts 'roughly' balanced oil market in 2018 with possible price ceiling
Falling global crude oil stockpiles in 2017 will help put the market “roughly” into balance in 2018, but an increase in prices could be limited, especially if the Organization of Petroleum Exporting Countries doesn’t stick to its agreement to curb output, the International Energy Agency said. Source: News
EIA: Major US onshore regions' oil output to rise 81,000 b/d in November
Crude oil production from the major US onshore regions is forecast to increase 81,000 b/d month-over-month in November to 6.12 million b/d, the US Energy Information Administration said in its monthly Drilling Productivity Report. Source: News
Pruitt issues directive aimed at curbing 'sue-and-settle' litigation
Declaring that “the days of regulation through litigation are over,” US Environmental Protection Agency Administrator E. Scott Pruitt issued a directive on Oct. 16 aimed at increasing public participation and transparency in consent decrees and settlement agreements. Source: News