Northern Oil & Gas Inc. will acquire a North Dakota asset currently producing more than 4,100 boe/d from Tailwater Capital LLC-backed Pivotal Petroleum Partners for $68.4 million in cash and 25.75 million shares of common stock. Source: News
18 Jul 2018 13:55:16 EDT – The latest stock information is now available for your stocks
XOM Last 82.2248 Change –0.0852 % Change 0.1% Volume 4,892,291 As of: 18 Jul 2018 13:55:16 EDT View: Stock Quote | News CVX Last 121.51 Change –0.40 […]
IEA: Global energy investment decline for third straight year
Global energy investment declined for the third consecutive year in 2017 to $1.8 trillion, a shortfall of 2% in real terms from the previous year, according to the recently released World Energy Investment 2018 report from the International Energy Agency. Source: News
SOCAR Polymer commissions polypropylene plant
SOCAR Polymer, a subsidiary of state-owned State Oil Co. of Azerbaijan Republic, started up the country’s first polypropylene plant in the Sumgait Chemical Industrial Park about 30 km north of Baku. Source: News
Blue Mountain starts up Merge-SCOOP-STACK gas plant
Blue Mountain Midstream, a subsidiary of Linn Energy, has commissioned its Chisholm Trail III cryogenic gas plant in the heart of the liquids-rich Merge-SCOOP-STACK play in central Oklahoma. Source: News
Enterprise to build deepwater crude export terminal in US Gulf
Enterprise Products Partners LP plans to develop a crude oil export terminal off the Texas Gulf Coast. The terminal would be capable of fully loading very large crude carriers with capacities of about 2 million bbl. Enterprise has started front-end engineering and design and preparing applications for regulatory permitting. Source: News
18 Jul 2018 12:59:05 EDT – The latest stock information is now available for your stocks
XOM Last 82.08 Change –0.23 % Change 0.28% Volume 4,330,931 As of: 18 Jul 2018 12:59:05 EDT View: Stock Quote | News CVX Last 121.39 Change –0.52 […]
FERC moving ahead on LNG project applications, chairman says
Denying a report that the US Federal Energy Regulatory Commission notified LNG project sponsors that there would be a 12-18 month delay in processing applications, Chairman Kevin McIntyre said the commission has made significant strides “in reforming the permitting process in working with federal partners, eliminating duplicative processes, and streamlining procedures that will significantly reduce […]
Hengli lets contract for Dalian integrated complex
Hengli Petrochemical (Dalian) Refinery Co. has let a contract to Rotork to supply electric and pneumatic valve actuators and valve gearboxes for flow control at its integrated 20 million-tonne/year crude-to-paraxylene refining and petrochemical project in Hengli Petrochemical Industrial Park on Changxing Island in Dalian, China. Source: News
MARKET WATCH: Oil prices gain despite talk of rising US, Saudi crude supply
Light, sweet oil prices settled slightly higher on the New York market July 17 after dropping to the lowest level nearly a month earlier on expectations of additional crude oil likely becoming available to world markets. Source: News