As part of its fourth-quarter 2017 production release, Chesapeake Energy Corp., Oklahoma City, noted plans to exit the Mississippian Lime play of the northern Anadarko basin. Source: News
09 Feb 2018 13:55:59 EST – The latest stock information is now available for your stocks
XOM Last 74.445 Change –1.625 % Change 2.14% Volume 16,147,314 As of: 9 Feb 2018 13:55:59 EST View: Stock Quote | News CVX Last 110.92 Change –1.38 […]
Targa to add Permian gas processing, Texas fractionation capacities
Targa Resources Corp. plans to build two 250-MMcfd cryogenic natural gas processing plants to support rising production in the Midland basin of the Permian basin. The first plant is scheduled for startup in first-quarter 2019, with commissioning of the second plant to follow during third-quarter 2019, Targa said. Source: News
Saudi Arabia starts new round of effort to unwind subsidies
Saudi Arabia recently took the second step in its delicate unwinding of consumption subsidies for necessities such as energy and water. Source: News
CNX plans first midstream dropdown to CNX Midstream
CNX Resources Corp. has entered a definitive agreement to sell its 95% interest in the Shirely-Pennsboro West Virginia wet-gas gathering system to CNX Midstream Partners LP for total cash consideration of $265 million to be financed with cash on hand and through debt financing, the companies said. Source: News
CB&I details contract award for ADNOC’s Ruwais refinery
CB&I has confirmed details of its previously awarded contract to deliver engineering and procurement for ADNOC subsidiary ADNOC Refining’s (formerly Takreer) $3.1-billion project to increase crude processing flexibility and improve margins at the 417,000-b/d West plant of the more than 800,000-b/d Ruwais refining complex in the UAE. Source: News
Canada to overhaul energy-project review
Canada proposes to overhaul its vetting and regulation of energy projects and give new prominence to environmental review. The Liberal government has proposed legislation that would replace and realign functions of the National Energy Board and Canadian Environmental Assessment Agency. Source: News
South Korea’s GS Caltex plans grassroots olefins complex
GS Caltex, a 50-50 joint venture of GS Energy and Chevron, is investing 2 trillion won to build an olefins production complex near an existing refining and petrochemical operations at Yeosu in the South Korean province of Jeollanam-do. Source: News
09 Feb 2018 12:56:05 EST – The latest stock information is now available for your stocks
XOM Last 74.65 Change –1.42 % Change 1.87% Volume 12,632,766 As of: 9 Feb 2018 12:56:05 EST View: Stock Quote | News CVX Last 110.81 Change –1.49 […]
DNO to boost spending in Iraqi Kurdistan
DNO ASA will increase spending by 50% this year in the Kurdistan region of Iraq, where it brought its second oil field online in 2017. The company discovered Peshkabir field early in 2017 and expedited development. Early production began in June, and flow had tripled by yearend. Source: News