Egdon Resources PLC has farmed out 8.33% of its onshore UK license PEDL182 to Union Jack Oil PLC. The license is in Lincolnshire to the immediate north of PEDL180, where Union Jack farmed into the Wressle-1 exploration well (8.33%). Source: News
OGUK: UK offshore oil, gas jobs down 120,000 since 2014
Jobs linked to offshore oil and gas in the UK have dropped sharply since 2014 along with commodity prices. New employment figures indicate about 330,000 jobs in the UK in 2016 will stem from oil and gas, down from more than 450,000 in 2014. 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. H. Con. Res 112 was approved on June 10 by a 234-177 vote, largely along party lines. Twenty-three Democrats joined Republicans in favor of it, while […]
MARKET WATCH: NYMEX oil price drops below $50/bbl
The light, sweet crude oil contract for July delivery settled just above $49/bbl on June 10 after release of the weekly US drilling rig count, which showed an increase for a second consecutive week. Source: News
13 Jun 2016 10:14:28 EDT – The latest stock information is now available for your stocks
XOM Last 90.6787 Change +0.6987 % Change 0.78% Volume 1,617,126 As of: 13 Jun 2016 10:14:29 EDT View: Stock Quote | News CVX Last 102.335 Change +0.355 % Change 0.35% Volume 1,114,586 As of: 13 Jun 2016 10:14:29 EDT View: Stock Quote | News COP Last 44.675 Change +0.165 % […]
13 Jun 2016 9:38:33 EDT – The latest stock information is now available for your stocks
XOM Last 90.46 Change +0.48 % Change 0.53% Volume 504,576 As of: 13 Jun 2016 9:38:33 EDT View: Stock Quote | News CVX Last 101.82 Change –0.16 % Change 0.16% Volume 366,817 As of: 13 Jun 2016 9:38:33 EDT View: Stock Quote | News COP Last 44.37 Change –0.14 % […]
Official: Ontario is 'not, not, not' phasing out gas
"Ontario is not, not, not going to phase out natural gas." Source: News
Gazprom Neft lets contract for Moscow refinery
Russia’s PJSC Gazprom Neft, St. Petersburg, has let a contract to NIPIgazpererabotka (Nipigaz) to serve as general contractor for a Euro+ combined refining unit (CRU) to be built as part of the ongoing modernization and upgrade of its 12.15 million-tonne/year Moscow refinery (OGJ Online, Oct. 30, 2015; Dec. 3, 2014; July 19, 2013; May 7, […]
Sasol updates progress on Louisiana petrochemical complex project
Costs have risen and startup schedules have been extended for Sasol Ltd.’s integrated ethane cracker and downstream derivatives complex under construction in Westlake, La., near Lake Charles (OGJ Online, July 15, 2013). Source: News
Watching Government: Climate change and free speech
Environmental activists who allege ExxonMobil Corp. tried to suppress climate research for decades came under pressure themselves from Republicans on the US House Science, Space, and Technology Committee. Source: News