Regulators approve permits for restart of Louisiana ethane cracker

Indorama Ventures Olefins LLC (IVO), a subsidiary of Thailand’s Indorama Ventures Public Co. Ltd. (IVL), Bangkok, has secured approvals from US regulators to proceed with its plan to renovate and restart a dormant ethane cracker in Westlake, La., just west of Lake Charles in Calcasieu Parish. Source: News

31 Aug 2016 11:55:17 EDT – The latest stock information is now available for your stocks

XOM    Last 86.8495  Change –0.6705   % Change 0.77%   Volume 2,893,544   As of: 31 Aug 2016 11:55:17 EDT   View: Stock Quote |  News   CVX    Last 100.4  Change –1.30   % Change 1.28%   Volume 1,686,931   As of: 31 Aug 2016 11:55:17 EDT   View: Stock Quote |  News   COP    Last 41.151  Change –1.079   % […]

EIA: US crude inventories up 2.3 million bbl

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, increased 2.3 million bbl during the week ended Aug. 26 compared with the previous week, according to the US Energy Information Administration’s Petroleum Status Report. Source: News

MARKET WATCH: NYMEX, Brent crude oil prices fall modestly

Light, sweet crude oil prices fell to settle under $47/bbl on the New York market Aug. 30 while front-month Brent crude oil prices also fell modestly to hover around $48/bbl on what analysts call uncertainty about a proposed production freeze by major producers. Source: News

31 Aug 2016 11:16:47 EDT – The latest stock information is now available for your stocks

XOM    Last 86.69  Change –0.83   % Change 0.95%   Volume 2,320,109   As of: 31 Aug 2016 11:16:47 EDT   View: Stock Quote |  News   CVX    Last 100.41  Change –1.29   % Change 1.27%   Volume 1,375,854   As of: 31 Aug 2016 11:16:47 EDT   View: Stock Quote |  News   COP    Last 41.07  Change –1.16   % […]

31 Aug 2016 10:54:13 EDT – The latest stock information is now available for your stocks

XOM    Last 86.64  Change –0.88   % Change 1.01%   Volume 1,836,849   As of: 31 Aug 2016 10:54:13 EDT   View: Stock Quote |  News   CVX    Last 100.45  Change –1.25   % Change 1.23%   Volume 1,105,082   As of: 31 Aug 2016 10:54:13 EDT   View: Stock Quote |  News   COP    Last 41.31  Change –0.92   % […]

Statoil to ramp up Barents Sea activity in 2017

Statoil ASA plans to step up exploration efforts in several parts of the Barents Sea in 2017-18. The Blamann (PL849) prospect in the Goliat area, Koigen Central in PL718 on Stappen High, and the Korpfjell prospect in PL859 each hold promise for future exploration, the firm says. Source: News

Contract let for Malaysian airborne 3D survey

State-run Petronas has awarded Bell Geospace together with Onyx Engineering a contract to acquire 198,900 sq km of airborne 3D full tensor gradiometry (FTG) and magnetic surveys offshore Peninsular Malaysia, Sarawak, and Sabah. Source: News