Rosneft has filed a $1.4-billion lawsuit against the Sakhalin-1 consortium operated by Exxon Neftegas Ltd. in an apparent dispute over drainage of Northern Chayvo oil and gas field. The Russian company began production from the offshore field, which is adjacent to the Sakhalin-1 concession, in September 2014. Source: News
25 Jul 2018 10:54:54 EDT – The latest stock information is now available for your stocks
XOM Last 82.9 Change –0.11 % Change 0.13% Volume 2,188,651 As of: 25 Jul 2018 10:54:54 EDT View: Stock Quote | News CVX Last 124.22 Change +0.37 […]
MARKET WATCH: Oil prices supported by API inventory, US-Iran tensions
Light, sweet crude oil prices for September gained modestly to close above $68/bbl on the New York market on a report of dropping US oil supplies and uncertainty about US-Iran relations. Brent crude for September also rose modestly to settle above $73/bbl in London. Source: News
25 Jul 2018 09:54:52 EDT – The latest stock information is now available for your stocks
XOM Last 82.67 Change –0.34 % Change 0.41% Volume 652,378 As of: 25 Jul 2018 9:54:52 EDT View: Stock Quote | News CVX Last 123.57 Change –0.28 […]
Shintech begins petrochemicals expansion in Louisiana
Shintech Louisiana, a subsidiary of Shin-Etsu Chemical Co.’s US subsidiary Shintech Inc., will invest $1.49 billion to develop a chloralkali and vinyl chloride monomer production plant and expand an existing polyvinyl chloride manufacturing site in Plaquemine, La. Source: News
Watching Government: Interstate gas ups, downs
It probably was coincidental that a Kinder Morgan Inc. executive’s testimony before the US Senate Energy and Natural Resources Committee about improving interstate energy delivery networks on July 12 came in the year that the 1938 Natural Gas Act’s 80th anniversary occurs. Source: News
24 Jul 2018 16:00:00 EDT – The latest stock information is now available for your stocks
XOM Last 83.01 Change +1.61 % Change 1.98% Volume 11,078,935 As of: 24 Jul 2018 16:00:00 EDT View: Stock Quote | News CVX Last 123.85 Change +2.52 […]
24 Jul 2018 15:57:04 EDT – The latest stock information is now available for your stocks
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24 Jul 2018 14:57:10 EDT – The latest stock information is now available for your stocks
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IEA: Supply vulnerability will continue to underpin crude oil prices
The Organization of Petroleum Exporting Countries, Russia, and several other producers recently agreed to increase their production and achieve 100% compliance with the Vienna Agreement. Such determination to ensure the steady supply of oil to world markets in the face of multiple challenges to stability is very welcome, according to the International Energy Agency. Source: […]