XOM Last 88.525 Change –1.365 % Change 1.52% Volume 7,684,402 As of: 5 Jan 2017 13:56:11 EST View: Stock Quote | News CVX Last 117.4 Change –0.42 […]
EIA: US to become net energy exporter in outlook to 2050
According to the US Energy Information Administration’s Annual Energy Outlook 2017 (AEO 2017), which has projections through 2050, the US will become a net energy exporter in most cases as petroleum liquid imports fall and natural gas exports rise. Source: News
Lucas Energy enters Permian, changes name
Lucas Energy Inc., Houston, has agreed to partner with a private Houston-based oil and gas holding company in the Permian basin of Texas, and will change its name to Camber Energy Inc. to reflect the firm’s new operational focus. Source: News
Workers for state-owned Petrotrin go on strike
Workers at Trinidad and Tobago’s state-owned Petrotrin have gone on strike, effectively shutting down the company’s 165,000-b/d refinery and stopping its 45,000 b/d crude oil production from fields both on and offshore. Source: News
Lebanese offshore licensing logjam loosens
A political logjam that has kept Lebanon out of promising natural gas development in the Eastern Mediterranean has begun to loosen. Source: News
5 Jan 2017 12:55:43 EST – The latest stock information is now available for your stocks
XOM Last 88.606 Change –1.284 % Change 1.43% Volume 6,434,851 As of: 5 Jan 2017 12:55:43 EST View: Stock Quote | News CVX Last 117.32 Change –0.50 […]
5 Jan 2017 11:58:10 EST – The latest stock information is now available for your stocks
XOM Last 88.9 Change –0.99 % Change 1.1% Volume 4,471,053 As of: 5 Jan 2017 11:58:11 EST View: Stock Quote | News CVX Last 117.01 Change –0.81 […]
EIA: US crude inventories exited 2016 with 7.1 million-bbl drop
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, declined 7.1 million bbl during the week ended Dec. 30, 2016, compared with the previous week’s total, the US Energy Information Administration reported. Source: News
Whiting closes sale of North Dakota midstream assets
Denver independent Whiting Petroleum Corp. has completed the sale of its midstream assets in North Dakota’s Williston basin to Tesoro Logistics Rockies LLC (TLRL), a division of Tesoro Corp. affiliate Tesoro Logistics LP (TLLP). Source: News
MARKET WATCH: NYMEX February crude oil price rebounds above $53/bbl
Oil futures rebounded on the New York market Jan. 4, rising nearly $1 to settle above $53/bbl in a week of oil-price swings. The US benchmark oil price for February delivery on Jan. 3 briefly reached above $55/bbl for the first time since July 2015 while the Jan. 3 low was about $52/bbl. Source: […]