Eni’s Laarich East-1 well in Tunisia flows 2,000 b/d

Eni SPA reported that the Laarich East-1 well in Tunisia’s Makhrouga-Laarich-Debbech (MLD) license encountered hydrocarbons in sandstone layers of Silurian and Ordovician age after reaching a final depth of 4,111 m. Source: News


19 Sep 2016 11:59:43 EDT – The latest stock information is now available for your stocks

XOM    Last 84.48  Change +0.45   % Change 0.54%   Volume 3,147,205   As of: 19 Sep 2016 11:59:43 EDT   View: Stock Quote |  News   CVX    Last 98.75  Change +0.91   % Change 0.93%   Volume 1,848,041   As of: 19 Sep 2016 11:59:43 EDT   View: Stock Quote |  News   COP    Last 39.87  Change unch   % […]


ENOC lets contract for Dubai refinery expansion

State-owned Emirates National Oil Co. (ENOC) of Dubai has let a contract to a division of Technip SA for the design and construction of new processing and ancillary units as part of the main package of subsidiary ENOC Processing Co. LLC’s Jebel Ali condensate refinery expansion project. Source: News


19 Sep 2016 11:04:43 EDT – The latest stock information is now available for your stocks

XOM    Last 84.39  Change +0.36   % Change 0.43%   Volume 2,244,376   As of: 19 Sep 2016 11:04:43 EDT   View: Stock Quote |  News   CVX    Last 98.66  Change +0.82   % Change 0.84%   Volume 1,233,395   As of: 19 Sep 2016 11:04:43 EDT   View: Stock Quote |  News   COP    Last 40.025  Change +0.155   % […]


API: US August petroleum demand decreased slightly from July

According to data from the American Petroleum Institute, total US petroleum deliveries, a measure of petroleum demand, moved up 1.6% in August from the same period last year to average 20.1 million b/d. These were the highest August deliveries since 2007. Source: News


MARKET WATCH: NYMEX crude oil falls to end week just above $43/bbl

The light, sweet crude oil contract for October delivery dropped on the New York market Sept. 16 to end the week with a settlement just above $43/bbl, marking its lowest settlement in about 5 weeks. Brent crude oil for November delivery, meanwhile, also fell on the London market to settle below $46/bbl. Source: News


19 Sep 2016 9:57:44 EDT – The latest stock information is now available for your stocks

XOM    Last 84.25  Change +0.22   % Change 0.26%   Volume 793,179   As of: 19 Sep 2016 9:57:44 EDT   View: Stock Quote |  News   CVX    Last 98.62  Change +0.78   % Change 0.8%   Volume 410,278   As of: 19 Sep 2016 9:57:44 EDT   View: Stock Quote |  News   COP    Last 39.99  Change +0.12   % […]


LyondellBasell's La Porte complex due HDPE plant

LyondellBasell Industries NV has decided to build its recently approved project for a US Gulf Coast high-density polyethylene (HDPE) plant at the company’s La Porte, Tex., manufacturing complex along on the south shore of the Houston Ship Channel (OGJ Online, July 29, 2016). Source: News


Watching Government: Why marginal wells matter

Terminology can seem to trivialize something that is actually quite important. Consider US marginal crude oil and natural gas wells. Individually, they produce 10 b/d of crude or 60 Mcfd of gas or less. Collectively, they matter a lot, a recent Interstate Oil & Gas Compact Commission report showed. Source: News