A joint industry project on subsea electrical power standardization has published an international industry standard on the design, testing, and qualification of subsea power transformers. The standard seeks to reduce subsea field development costs by creating more uniformity. Source: News
11 Oct 2016 14:11:24 EDT – The latest stock information is now available for your stocks
XOM Last 87.71 Change –0.73 % Change 0.83% Volume 5,571,590 As of: 11 Oct 2016 14:11:24 EDT View: Stock Quote | News CVX Last 103 Change –0.98 % Change 0.94% Volume 2,914,488 As of: 11 Oct 2016 14:11:24 EDT View: Stock Quote | News COP Last 43.31 Change –1.08 % […]
11 Oct 2016 13:05:44 EDT – The latest stock information is now available for your stocks
XOM Last 87.88 Change –0.56 % Change 0.63% Volume 4,530,274 As of: 11 Oct 2016 13:05:44 EDT View: Stock Quote | News CVX Last 103.26 Change –0.72 % Change 0.69% Volume 2,381,566 As of: 11 Oct 2016 13:05:44 EDT View: Stock Quote | News COP Last 43.497 Change –0.893 % […]
Phillips 66 Partners to buy Phillips 66 logistic assets for $1.3 billion
Phillips 66 Partners LP has agreed to acquire 30 crude, refined products, and natural gas liquids logistics assets from Phillips 66 for $1.3 billion. Source: News
IEA: Oil market’s rebalancing could come faster if OPEC sticks to target
“The waiting game is over,” the International Energy Agency said in the October issue of its Oil Market Report. This is in regard to the fact that the Organization of Petroleum Exporting Countries has effectively abandoned its free-market policy set nearly 2 years ago, setting a new supply target of between 32.5-33 million b/d. Source: […]
Beach makes oil discovery with Kangaroo wildcat
Beach Energy Ltd., Adelaide, has made an oil discovery on the western flank of the Copper-Eromanga basin of South Australia with the Kangaroo-1 wildcat well. Source: News
11 Oct 2016 12:08:54 EDT – The latest stock information is now available for your stocks
XOM Last 87.9701 Change –0.4699 % Change 0.53% Volume 3,758,880 As of: 11 Oct 2016 12:08:54 EDT View: Stock Quote | News CVX Last 103.21 Change –0.77 % Change 0.74% Volume 1,980,722 As of: 11 Oct 2016 12:08:54 EDT View: Stock Quote | News COP Last 43.56 Change –0.83 % […]
BP abandons Great Australian Bight exploration program
BP PLC has decided to abandon its planned $600-million (Aus.) exploration drilling program in the Great Australian Bight (GAB) off South Australia. Source: News
Citgo advances restart plans for idled Aruban refinery
Citgo Petroleum Corp., an indirect wholly owned subsidiary of Petroleos de Venezuela SA (PDVSA), and the government of Aruba are moving forward with a previously announced program to restart Valero Energy Corp.’s former 235,000-b/d refinery in San Nicolas, Aruba. Source: News
MARKET WATCH: Brent crude oil climbs above $53/bbl after Putin comment
US light, sweet crude oil dropped more than $1/bbl on the New York market Oct. 10 to settle above $51/bbl for November delivery while the Brent contract for December on the London market settled above $53/bbl after Russian President Vladimir Putin talked about oil production cuts. Source: News