Global oil supply growth is plunging with US light, tight oil falling steeply for now, although the market is expected to begin rebalancing in 2017, according to the International Energy Agency in its annual Medium-Term Oil Market Report released Feb. 22 at IHS CERAWeek in Houston. Source: News
22 Feb 2016 13:18:35 EST – The latest stock information is now available for your stocks
XOM Last 82.529 Change +0.029 % Change 0.04% Volume 7,671,402 As of: 22 Feb 2016 13:18:35 EST View: Stock Quote | News CVX Last 89.31 Change +2.81 […]
ExxonMobil replaced just 67% of output in 2015
ExxonMobil Corp. added 1 billion boe of proved oil and gas reserves in 2015, replacing just 67% of production during the year compared with 115% over the past 10 years. Source: News
Airborne gravity survey slated for offshore Mexico
The Comision Nacional de Hidrocarburos (CNH) has authorized French geophysical services company CGG to conduct a multiclient airborne gravity and magnetic survey offshore Mexico in the Gulf of Mexico. The acquisition will include about 200,000 km of 2D seismic over six areas across the southern gulf. Source: News
Subcontract let for Kaombo oil development offshore Angola
Work continues on the Kaombo oil development offshore Angola. Under a subcontract let by Technip SA to Fugro NV, the Dutch engineering firm will provide offshore deepwater survey and positioning services to a total of seven installation vessels and construction support vessels. Source: News
Egypt’s Zohr prospect could see first gas by 2017
A development plan approved by the Egyptian Ministry of Petroleum for the Zohr development in the Shorouk concession offshore Egypt could lead to natural gas production by the end of 2017. Source: News
Flowline system design contract let for Greater Western Flank project
Woodside Petroleum Ltd. has let a contract to Wood Group Kenny (WGK) for detailed design of the flowline system for the Greater Western Flank Phase 2 (GWF-2) on the North West Shelf offshore Western Australia. Source: News
22 Feb 2016 12:00:29 EST – The latest stock information is now available for your stocks
XOM Last 82.705 Change +0.205 % Change 0.25% Volume 5,821,203 As of: 22 Feb 2016 12:00:29 EST View: Stock Quote | News CVX Last 88.78 Change +2.28 […]
Rosneft, PDVSA sign HOA for offshore natural gas project
OAO Rosneft and Petroleos de Venezuela SA (PDVSA) signed a heads of agreement to establish a joint venture for a natural gas project offshore Venezuela. Source: News
22 Feb 2016 11:00:31 EST – The latest stock information is now available for your stocks
XOM Last 82.625 Change +0.125 % Change 0.15% Volume 3,876,851 As of: 22 Feb 2016 11:00:31 EST View: Stock Quote | News CVX Last 88.36 Change +1.86 […]