Marathon Oil Corp., Houston, has agreed to acquire PayRock Energy Holdings LLC, an Oklahoma City-based portfolio company of EnCap Investments LP, for $888 million. The deal, to be funded with cash-on-hand, is expected to close in the third quarter. Source: News
BP sanctions fast-track development of Egypt’s Atoll Phase 1
BP PLC and Egyptian Natural Gas Holding Co. (Egas) have sanctioned development of the Atoll Phase 1 project in the North Damietta offshore concession in the East Nile Delta. Source: News
20 Jun 2016 12:10:33 EDT – The latest stock information is now available for your stocks
XOM Last 91.16 Change +0.44 % Change 0.49% Volume 4,276,843 As of: 20 Jun 2016 12:10:33 EDT View: Stock Quote | News CVX Last 102.904 Change +1.334 % Change 1.31% Volume 2,641,948 As of: 20 Jun 2016 12:10:33 EDT View: Stock Quote | News COP Last 44.71 Change +0.56 % […]
MARKET WATCH: NYMEX, Brent crude oil prices regain previous losses
Prices for light, sweet crude oil rebounded on the New York market after a 6-day losing streak on June 17, and the upward momentum continued in early June 20 trading. Brent crude oil prices on the London market were doing the same. Source: News
20 Jun 2016 11:03:12 EDT – The latest stock information is now available for your stocks
XOM Last 91.48 Change +0.76 % Change 0.84% Volume 3,168,965 As of: 20 Jun 2016 11:03:12 EDT View: Stock Quote | News CVX Last 103 Change +1.43 % Change 1.41% Volume 1,879,076 As of: 20 Jun 2016 11:03:12 EDT View: Stock Quote | News COP Last 44.81 Change +0.66 % […]
Climate leadership will chill Ontario's energy consumers
In its Climate Change Action Plan published June 8, the provincial government refrains from pushing natural gas out of home heating by 2030. Source: News
Watching Government: Energy in the 2016 elections
Energy issues have not been discussed much in the 2016 US presidential campaigns. That doesn’t necessarily mean the November election’s outcome won’t have significant policy consequences, two speakers suggested at a June 9 US Energy Association event. Source: News
Resolution opposing Obama's crude oil tax passes US House
The US House of Representatives approved a resolution opposing President Barack Obama’s proposal to impose a $10.25/bbl tax on crude oil to support new transportation systems’ research and development. Source: News
20 Jun 2016 10:17:07 EDT – The latest stock information is now available for your stocks
XOM Last 91.21 Change +0.49 % Change 0.54% Volume 2,088,166 As of: 20 Jun 2016 10:17:07 EDT View: Stock Quote | News CVX Last 102.9 Change +1.33 % Change 1.31% Volume 1,287,225 As of: 20 Jun 2016 10:17:07 EDT View: Stock Quote | News COP Last 44.9 Change +0.75 % […]
E&Y: US producers' oil reserves plunged 12% in 2015
A year characterized by persistently low crude oil and natural gas prices, decreased capital expenditures, and falling revenues included dramatic downward reserve revisions by the 50 largest exploration and production firms in the US, according to Ernst & Young LLP’s US oil and gas reserves study for 2016. Source: News