FAR Ltd., Perth, has signed a farmout agreement with Malaysia’s Petronas in which the state firm will take a 40% interest in each of FAR’s offshore Gambia permits—Blocks A2 and A5. Source: News
Oil, gas, and trade
Because energy regulation must work in concert with, rather than separately from, foreign policy, US President Donald Trump threatens to compromise his achievements in an important area. It’s an area in which mistakes can be economically and politically devastating. Source: News
US upstream and tax reform
Using its Global Economic Model, Wood Mackenzie recently modeled the impacts of a lowered corporate tax rate on US exploration and production companies. WoodMac found that the cut in the corporate tax rate to 21% from 35% could provide value to US E&Ps with profitable assets seeing large increases. Including all minor interests, modeled assets […]
26 Feb 2018 11:56:22 EST – The latest stock information is now available for your stocks
XOM Last 78.145 Change +0.615 % Change 0.79% Volume 5,746,633 As of: 26 Feb 2018 11:56:22 EST View: Stock Quote | News CVX Last 113.72 Change +1.13 […]
Southwestern Energy makes senior leadership changes
Julian Bott will join Southwestern Energy Co. as executive vice-president and will become chief financial officer on Mar. 5. He previously served as chief financial officer of SandRidge Energy Inc. Source: News
OVL reported to drop LNG from Farzad B plan
State-owned ONGC Videsh Ltd. of India is reported to have dropped plans for a gas-liquefaction project in Iran in an apparent effort to advance development of Farzad B gas field. Source: News
26 Feb 2018 11:03:15 EST – The latest stock information is now available for your stocks
XOM Last 78.025 Change +0.495 % Change 0.64% Volume 4,603,554 As of: 26 Feb 2018 11:03:15 EST View: Stock Quote | News CVX Last 113.45 Change +0.86 […]
MARKET WATCH: NYMEX, Brent crude prices rise on US inventory, Libya’s force majeure
Crude oil prices on the New York market extended a rally to a second week after the US government reported a drop in the weekly US oil inventory for the week ended Feb. 16, and also on news reports that a Libyan oil field halted production over a worker protest. Source: News
26 Feb 2018 09:57:35 EST – The latest stock information is now available for your stocks
XOM Last 78.5962 Change +1.0662 % Change 1.38% Volume 2,206,707 As of: 26 Feb 2018 9:57:35 EST View: Stock Quote | News CVX Last 113.34 Change +0.75 […]
New England faces power problems if gas lines not built
New England’s electricity users have been warned: Reliability of the electrical system faces problems related to regional obstructionism. Source: News