Brent crude oil for March delivery settled above $70/bbl on the London market Jan. 15 for the first time since December 2014. Analysts attributed rising oil prices in a weakening US dollar. Source: News
16 Jan 2018 09:56:18 EST – The latest stock information is now available for your stocks
XOM Last 87.51 Change –0.01 % Change 0.01% Volume 960,460 As of: 16 Jan 2018 9:56:18 EST View: Stock Quote | News CVX Last 133.47 Change –0.13 […]
Nichols named Shell Midstream Partners CEO; Hollowell to retire
Shell Midstream Partners LP reported that after working 38 years with Royal Dutch Shell PLC, John Hollowell will retire as president and chief executive officer of general partner Shell Midstream Partners GP LLC, effective Mar. 31. Source: News
Beach makes gas discovery in South Australia’s Otway basin
Beach Energy Ltd., Adelaide, has made a gas field discovery in the onshore Otway basin of South Australia with the deviated Haselgrove-3 ST1 well in production licence PPL62 about 8 km south of Penola. Source: News
Beach finds gas fields in initial Cooper drilling program
Beach Energy Ltd., Adelaide, has ended its first phase of fiscal year 2017-18 Western Flank Cooper-Eromanga basin drilling program on a high with four exploration successes from six wells, including the discovery of two natural gas fields. Source: News
Octanex follows Eni in withdrawing from Exmouth Plateau
Octanex Ltd., Melbourne, has decided to withdraw from Exmouth Plateau permits WA-362-P and WA-363-P following the earlier withdrawal of operator Eni SPA from the permits and the joint operating agreements. Source: News
Ineos Oil & Gas forms six business units
Ineos Oil & Gas has organized its holdings into six business units. The division of chemical giant Ineos, London, has grown rapidly through acquisitions in the North Sea and UK onshore since 2015. Source: News
Penguins field redevelopment marks North Sea upswing in 2018
Royal Dutch Shell PLC will install its first manned platform in the northern North Sea in almost 30 years with final investment decision to redevelop Penguins oil and gas field. Source: News
FERC ends consideration of Perry's power grid resiliency proposal
The US Federal Energy Regulatory Commission has terminated a proceeding on Jan. 8 that considered US Energy Sec. Rick Perry’s Sept. 29 proposal on electric power grid pricing and resilience. Source: News
Blurts and policies
What can be said about energy-policy improvements from the administration of a president who brags on television about being “like, really smart?” Does the behavior invalidate the policy? To that question, Democratic opponents of President Donald Trump of course have a ready and distracting answer. Source: News