XOM Last 86.34 Change –0.47 % Change 0.54% Volume 4,735,097 As of: 12 Jan 2017 11:57:50 EST View: Stock Quote | News CVX Last 115.544 Change –0.386 […]
Oryx continues development in Iraq’s Kurdistan region
Oryx Petroleum Corp. Ltd., Calgary, is moving ahead on a third appraisal well at Zey Gawra field in the Kurdistan region of Iraq. The company said its third well will appraise both the Tertiary and Cretaceous reservoirs at Zey Gawra, but it will be completed as a second Cretaceous producer. Source: News
Hess increases capital budget by 15% for 2017
Hess Corp. has set its 2017 capital expenditure budget at $2.25 billion, up from the $1.9 billion spent in 2016. Source: News
McDade to assume chief executive post at Tullow Oil
Paul McDade will be appointed chief executive officer of Tullow Oil PLC following its annual general meeting on Apr. 26. He currently serves as chief operating officer. Source: News
CNOOC starts oil production at Penglai 19-9 in Bohai Bay
China National Offshore Oil Corp. Ltd. reported startup of oil production from Penglai 19-9 field in the northern Bohai Bay. Two wells are producing 750 b/d. Source: News
12 Jan 2017 10:55:06 EST – The latest stock information is now available for your stocks
XOM Last 86.4254 Change –0.3846 % Change 0.44% Volume 3,527,748 As of: 12 Jan 2017 10:55:06 EST View: Stock Quote | News CVX Last 116.045 Change +0.115 […]
MARKET WATCH: NYMEX February crude prices climb despite inventory gain
The light, sweet crude oil contract for February delivery gained more than $1.40/bbl on the New York market Jan. 11. Analysts said evidence of supply cuts by major producers offset a stronger-than-expected climb in US oil inventories. Source: News
12 Jan 2017 9:55:44 EST – The latest stock information is now available for your stocks
XOM Last 86.56 Change –0.25 % Change 0.29% Volume 1,203,845 As of: 12 Jan 2017 9:55:44 EST View: Stock Quote | News CVX Last 116.42 Change +0.49 […]
EIA: Global stock builds to keep oil prices below $60/bbl through 2018
Global petroleum and other liquid fuels inventory builds averaged 900,000 b/d in 2016, marking the third consecutive year of gains. According to the US Energy Information Administration’s Short-Term Energy Outlook, issued this month, the pace of stock builds is expected to slow considerably to an average of 300,000 b/d in 2017 and 100,000 b/d in […]
US Chamber chief calls for regulatory reform to fuel economic growth
US Chamber of Commerce Pres. Thomas J. Donahue called for federal regulatory relief and reforms as a primary component of a new American Growth Agenda. “There is no justification for the regulatory overkill we have seen over the last 8 years,” he said. “An unelected fourth branch of government—the regulatory branch—is holding our small businesses […]