XOM Last 83.635 Change –1.145 % Change 1.35% Volume 4,371,405 As of: 31 Oct 2016 11:17:34 EST View: Stock Quote | News CVX Last 105.07 Change +1.25 % Change 1.2% Volume 4,830,157 As of: 31 Oct 2016 11:17:34 EST View: Stock Quote | News COP Last 44.02 Change –0.95 % […]
GE’s oil, gas division, Baker Hughes to form $32-billion company
General Electric Co. has agreed to merge its oil and gas business with Baker Hughes Inc., creating an equipment, technology, and services provider with $32 billion of combined revenue and operations in more than 120 countries. Source: News
Stone Energy to file Chapter 11, divest Appalachia assets
Stone Energy Corp., Lafayette, La., will file Chapter 11 by Dec. 9 and sell its properties in the Appalachia basin to Ft. Worth investment firm Tug Hill Inc. for $360 million in cash. Source: News
Watching Government: FERC's cautious optimism
Cautious optimism was the prevailing theme as the US Federal Energy Regulatory Commission’s Office of Enforcement looked ahead to the 2016-17 heating season. Source: News
SM Energy makes another billion-dollar deal for Midland basin acreage
SM Energy Co., Denver, has agreed to acquire 35,700 net acres in Howard and Martin counties of West Texas from Houston-based QStar LLC, a portfolio company of EnCap Investments LP and a related entity, for $1.1 billion in cash plus 13.4 million shares of SM Energy common stock. Source: News
EPA, states urged to defer more methane rules until EPA's ICR ends
The US Environmental Protection Agency and states should not impose more methane control regulations and guidelines on the domestic oil and gas industry until EPA completes its Oil and Gas Information Collection Request (ICR) and subsequent analyses, an American Petroleum Institute official suggested. Source: News
31 Oct 2016 10:19:21 EST – The latest stock information is now available for your stocks
XOM Last 83.835 Change –0.945 % Change 1.11% Volume 2,386,216 As of: 31 Oct 2016 10:19:21 EST View: Stock Quote | News CVX Last 104.99 Change +1.17 % Change 1.13% Volume 2,983,249 As of: 31 Oct 2016 10:19:21 EST View: Stock Quote | News COP Last 43.93 Change –1.04 % […]
MARKET WATCH: NYMEX crude oil for December drops below $49/bbl
Crude oil prices dropped just over $1/bbl on the New York market Oct. 28 for both December and January contracts pending news about efforts by the Organization of Petroleum Exporting Countries toward achieving its proposed production cut. Source: News
Campaign principles
Barely noticed in a boisterous presidential campaign, US energy policy finds itself caught in a cross-fire of negativism. Both major-party candidates bear high disapproval ratings; the election is over which is disliked the least. Source: News
Practical magic
There’s something about the city of New Orleans for those of us fortunate enough to hail from there-whether by birth or via a lineage of now long-turned-to-dust ancestors-that tethers you to it as if by some invisible subterranean root shooting through the land and up into you, no matter where in the world you may […]