A large shift to tight gas production in Argentina’s Neuquen basin is being driven by pricing incentives and lower costs vs. shale gas wells. However, at current costs, only the best tight gas wells break even at the incentivized $7.50/MMbtu gas price, according to analysis from research and consultancy firm Wood Mackenzie Ltd. Source: […]
Hilary Moffett joins API as director of federal relations
Hilary Moffett has joined the American Petroleum Institute as a director of federal relations, where she will handle energy and environmental priorities. Source: News
Premier Oil to decommission Anoa subsea wells off Indonesia
Premier Oil PLC let a field decommissioning contract to GE Oil & Gas subsidiary PT VetcoGray Indonesia to support the removal of four subsea production trees in Anoa field offshore Indonesia that were installed during the 1990s. Source: News
17 Aug 2016 11:57:04 EDT – The latest stock information is now available for your stocks
XOM Last 87.92 Change unch % Change unch Volume 2,678,700 As of: 17 Aug 2016 11:57:04 EDT View: Stock Quote | News CVX Last 101.52 Change –1.10 […]
Gunvor plans upgrades for Rotterdam refinery
Gunvor Petroleum Rotterdam BV (GPR), a subsidiary of Gunvor Group Ltd., Geneva, has secured project financing for a series of planned development and infrastructural upgrades at its 88,000-b/d refinery and supporting product distribution network in Rotterdam, the Netherlands. Source: News
EIA reports 2.5 million-bbl decline in US crude stockpiles
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, fell 2.5 million bbl during the week ended Aug. 12 compared with the previous week’s total, according to the US Energy Information Administration’s Petroleum Status Report. Source: News
17 Aug 2016 10:56:13 EDT – The latest stock information is now available for your stocks
XOM Last 87.96 Change +0.04 % Change 0.05% Volume 1,687,990 As of: 17 Aug 2016 10:56:13 EDT View: Stock Quote | News CVX Last 101.7 Change –0.92 […]
MARKET WATCH: Brent, NYMEX oil prices rose for fourth consecutive session
Brent crude oil prices topped $49/bbl on the London market on Aug. 16, marking the highest front-month settlement since July 4. US light, sweet crude oil price for September delivery settled above $46/bbl on the New York market on Aug. 16. Source: News
17 Aug 2016 9:55:31 EDT – The latest stock information is now available for your stocks
XOM Last 87.92 Change unch % Change unch Volume 567,697 As of: 17 Aug 2016 9:55:31 EDT View: Stock Quote | News CVX Last 101.18 Change –1.44 […]
Four Corners methane study finds 10% of sources emit half of emissions
An extensive airborne survey of a previously identified methane hot spot in the US Four Corners area found that just 10% of the individual observed sources contributed half of the emissions, the National Aeronautics & Space Administration reported. Source: News