Kingfisher Midstream LLC, a venture of Houston-based Asset Risk Management LLC (ARM Energy) subsidiary ARM Midstream and HPS Investment Partners LLC, New York, has commissioned a natural gas processing plant in Lincoln, Okla., as part of the Phase-1 development of its processing-and-gathering system for producers in Oklahoma’s STACK play. Source: News
US Senate picks members for conference on broad energy policy reforms
The US Senate named seven of its members on July 12 to confer with a group from the House of Representatives on broad energy policy reform legislation. “This vote is a critical milestone that will allow Congress to begin the first conference on major energy legislation in more than a decade,” said Senate Energy and […]
Nexen idling Long Lake oil sands upgrader
Nexen Energy ULC reported it will idle the Long Lake oil sands upgrader in Fort McMurray, Alta., by putting it into cold-stack mode. No date was given for when the upgrader would be returned to service. Source: News
Interests, roles shifting in Argentina block
Holders of interests in the Coiron Amargo Block in Argentina’s Nequen basin and a unit of Royal Dutch Shell PLC have entered a series of agreements that would subdivide the southern part of the 100,000-acre tract and adjust holdings and roles. Source: News
13 Jul 2016 11:55:22 EDT – The latest stock information is now available for your stocks
XOM Last 94.18 Change –0.77 % Change 0.81% Volume 4,170,779 As of: 13 Jul 2016 11:55:22 EDT View: Stock Quote | News CVX Last 105.9675 Change –0.8125 % Change 0.76% Volume 2,762,994 As of: 13 Jul 2016 11:55:22 EDT View: Stock Quote | News COP Last 42.23 Change –1.57 % […]
Rawson, Beach bring small Cooper basin gas field on stream
Rawson Resources Ltd., Sydney, has reported that Udacha natural gas field in South Australia’s Cooper basin retention lease PRL 26 has been brought on stream. Source: News
Woodside lets upgrade contract for Greater Enfield FPSO
Woodside Energy Ltd. has let a contract to Keppel Offshore & Marine, Singapore, for the modification and upgrade of the Ngujima-Yin floating production, storage, and offloading vessel, which will support the Greater Enfield oil development offshore Western Australia. Source: News
EIA: US crude inventories fall 2.5 million bbl
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, fell 2.5 million bbl during the week ended July 8 compared with the previous week’s total, according to the US Energy Information Administration’s latest Petroleum Status Report. Source: News
13 Jul 2016 10:58:44 EDT – The latest stock information is now available for your stocks
XOM Last 94.29 Change –0.66 % Change 0.7% Volume 2,902,344 As of: 13 Jul 2016 10:58:44 EDT View: Stock Quote | News CVX Last 106.21 Change –0.57 % Change 0.53% Volume 1,904,499 As of: 13 Jul 2016 10:58:44 EDT View: Stock Quote | News COP Last 42.59 Change –1.21 % […]
MARKET WATCH: Crude oil prices rebound by $2/bbl on OPEC forecast
The light, sweet crude oil price for August delivery rallied by more than $2/bbl on July 12 as did the Brent crude oil price on the London market. The Organization of Petroleum Exporting Countries issued a report July 12 saying non-OPEC production will fall more than OPEC previously expected. Source: News