BPTT executive blames long-term LNG contracts for revenue losses

BP Trinidad & Tobago’s Regional Pres. Norman Christie confirmed that Trinidad and Tobago has lost billions of dollars in potential revenues because of the contractual arrangements between the Caribbean twin-island nation and partners in the Atlantic LNG (ALNG) venture surrounding LNG exports. Source: News


19 Oct 2016 13:03:36 EDT – The latest stock information is now available for your stocks

XOM    Last 87.5467  Change +0.7767   % Change 0.9%   Volume 4,172,469   As of: 19 Oct 2016 13:03:37 EDT   View: Stock Quote |  News   CVX    Last 103.3434  Change +1.5534   % Change 1.53%   Volume 2,378,341   As of: 19 Oct 2016 13:03:37 EDT   View: Stock Quote |  News   COP    Last 42  Change +1.35   % […]


EIA report shows 5.2 million-bbl drop in US crude stockpiles

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped 5.2 million bbl during the week ended Oct. 14 from the previous week’s total, according to the US Energy Information Administration’s Weekly Petroleum Status Report. Source: News


Quadrant Energy says Roc-2 appraisal well confirms gas, condensate

The Quadrant Energy Ltd.-operated Roc-2 appraisal well in the Bedout subbasin offshore Western Australia 160 km north of Port Hedland has produced better-than-expected results during a sustained flow test program. Source: News


19 Oct 2016 11:56:37 EDT – The latest stock information is now available for your stocks

XOM    Last 87.35  Change +0.58   % Change 0.67%   Volume 3,618,040   As of: 19 Oct 2016 11:56:37 EDT   View: Stock Quote |  News   CVX    Last 103.18  Change +1.39   % Change 1.37%   Volume 1,962,898   As of: 19 Oct 2016 11:56:37 EDT   View: Stock Quote |  News   COP    Last 41.935  Change +1.285   % […]


Gas storage safety interagency taskforce issues first report

The Interagency Task Force on Natural Gas Storage Safety, which the federal government established in the wake of a massive gas leak at the Aliso Canyon storage site near Los Angeles in late 2015, issued a report intended to help reduce the risk of future similar incidents. Source: News


Fluor completes module fabrication for Fort Hills Energy oil sands

Fluor Corp. said it fabricated and shipped 358 modules to the Athabasca region of Alberta for the Fort Hills Energy LP oil sands mining project. Fluor has an engineering, procurement, fabrication, and construction contract for the utilities portion of the project. Source: News


Russian ethylene plant due cracking furnaces

PJSC Kazanorgsintez has let a contract to a division of Technip SA for delivery of three furnaces to the operator’s ethylene plant in Kazan, Tatarstan, Russia. Source: News


MARKET WATCH: NYMEX crude oil climbs back above $50/bbl

Light, sweet crude oil prices gained moderately to settle above $50/bbl for both November and December on the New York market Oct. 18 while the Brent crude oil contract for December settled at nearly $51.70/bbl on the London market. Source: News


19 Oct 2016 10:56:33 EDT – The latest stock information is now available for your stocks

XOM    Last 87.73  Change +0.96   % Change 1.11%   Volume 2,311,949   As of: 19 Oct 2016 10:56:33 EDT   View: Stock Quote |  News   CVX    Last 103.63  Change +1.84   % Change 1.81%   Volume 1,363,698   As of: 19 Oct 2016 10:56:33 EDT   View: Stock Quote |  News   COP    Last 41.83  Change +1.18   % […]