Tullow Oil PLC plans a four-well drilling program in the South Lokichar basin in Kenya beginning in December. Two wells are exploration prospects, and two others are appraisals of Ngamia and Amosing fields. Source: News
Chechnya due 6 million-tpy refinery
OJSC Grozneftegaz, a jointly owned enterprise of Russia’s OJSC Rosneft 51% and the government of the Chechen Republic 49%, has signed a $50-billion letter of intent with Genoil Inc. for development and construction of crude oil production, refining, and logistics assets in Chechnya in Russia’s North Caucasus Federal District. Source: News
BP, GE launch offshore big-data system starting with Atlantis in gulf
BP PLC and GE have announced the startup of Plant Operations Advisor (POA), a big-data digital system designed to improve the efficiency, reliability, and safety of BP’s oil and gas production operations offshore. The pilot started with Atlantis oil and natural gas field in the Gulf of Mexico. Source: News
15 Nov 2016 12:55:42 EST – The latest stock information is now available for your stocks
XOM Last 86.84 Change +1.56 % Change 1.83% Volume 6,855,957 As of: 15 Nov 2016 12:55:42 EST View: Stock Quote | News CVX Last 108.93 Change +2.34 […]
15 Nov 2016 11:56:22 EST – The latest stock information is now available for your stocks
XOM Last 86.69 Change +1.41 % Change 1.65% Volume 5,740,193 As of: 15 Nov 2016 11:56:22 EST View: Stock Quote | News CVX Last 108.705 Change +2.115 […]
Army Corps of Engineers defers Dakota Access decision for more talks
The US Army Corps of Engineers announced that it completed its study of the Dakota Access crude oil pipeline project, and will conduct further discussions and analysis before reaching a decision on whether to grant an easement for the pipeline to cross Lake Oahe in North Dakota near Standing Sioux Indian tribal land. Source: […]
Lotte’s Louisiana MEG plant due ASU unit
Lotte Chemical Louisiana LLC, a subsidiary of South Korea’s Lotte Chemical Corp., has let a contract to Taiyo Nippon Sanso Corp. of Japan’s subsidiary Matheson Tri-Gas Inc., Basking Ridge, NJ, to build an air separation unit at Lotte’s monoethylene glycol plant under construction next to its 1 million-tonne/year ethane cracker project with Axiall Corp. in […]
ExxonMobil lets contract for Texas polyethylene expansion
ExxonMobil Corp. has let a contract to Jacobs Engineering Group Inc., Dallas, to provide engineering, design, and construction management services for the company’s recently announced plan to add a new polyethylene (PE) unit at its 1-million tonne/year PE plant in Beaumont, Tex. Source: News
15 Nov 2016 10:57:41 EST – The latest stock information is now available for your stocks
XOM Last 86.76 Change +1.48 % Change 1.74% Volume 4,100,309 As of: 15 Nov 2016 10:57:41 EST View: Stock Quote | News CVX Last 108.59 Change +2 […]
MARKET WATCH: NYMEX crude oil prices hovering above $43/bbl
The light, sweet crude oil contract for December delivery fell slightly in New York to settle at less than $44/bbl on Nov. 14—the lowest settlement since Sept. 19. The US crude futures price for December fell to as low as $42.20/bbl on Nov. 14—the lowest intraday price since August. Source: News