Drilling program commences offshore Tanzania

Royal Dutch Shell PLC and its partners Pavilion Energy Pte. Ltd. and Ophir Energy PLC have commenced a two-well drilling program in Blocks 1 and 4 offshore Tanzania in the Mafia Deep basin. The Noble Globe Trotter 2 is drilling both wells in 2,300 m of water. Source: News


Don’t rush to regulate, API officials urge Obama administration

Federal agencies that regulate oil and gas activity should not rush to impose new requirements before the Obama administration leaves office, two American Petroleum Institute officials said one week before the Nov. 8 elections. Source: News


3 Nov 2016 15:11:03 EST – The latest stock information is now available for your stocks

XOM    Last 83.555  Change +0.105   % Change 0.13%   Volume 5,753,418   As of: 3 Nov 2016 15:11:03 EST   View: Stock Quote |  News   CVX    Last 105.36  Change –0.03   % Change 0.03%   Volume 3,907,563   As of: 3 Nov 2016 15:11:03 EST   View: Stock Quote |  News   COP    Last 43.725  Change +0.495   % […]


3 Nov 2016 13:59:06 EST – The latest stock information is now available for your stocks

XOM    Last 83.31  Change –0.14   % Change 0.17%   Volume 4,559,588   As of: 3 Nov 2016 13:59:06 EST   View: Stock Quote |  News   CVX    Last 105.2444  Change –0.1456   % Change 0.14%   Volume 3,226,676   As of: 3 Nov 2016 13:59:06 EST   View: Stock Quote |  News   COP    Last 43.26  Change +0.03   % […]


3 Nov 2016 13:03:33 EST – The latest stock information is now available for your stocks

XOM    Last 83.15  Change –0.30   % Change 0.36%   Volume 3,945,216   As of: 3 Nov 2016 13:03:33 EST   View: Stock Quote |  News   CVX    Last 105.21  Change –0.18   % Change 0.17%   Volume 2,849,612   As of: 3 Nov 2016 13:03:33 EST   View: Stock Quote |  News   COP    Last 43.26  Change +0.03   % […]


Ghana seen producing 350,000 b/d in 2018

Oil production in Ghana, growth of which slowed this year because of technical problems at giant offshore Jubilee field, will reach 350,000 b/d in 2018, predict researchers at the French investment management firm Natixis. Source: News


China’s shale gas production outperforms expectations

Sinopec Ltd. reported that Fuling shale gas field in southwestern China produced a cumulative 3.76 billion cu m of gas from January to September. The 107% increase in production was accompanied by additional processing capacity of 5.5-6.5 bcm, the company said. In 2014, Sinopec announced plans to bring production capacity to 10 bcm/year by 2017. […]


3 Nov 2016 11:56:04 EST – The latest stock information is now available for your stocks

XOM    Last 83.72  Change +0.27   % Change 0.32%   Volume 2,581,968   As of: 3 Nov 2016 11:56:04 EST   View: Stock Quote |  News   CVX    Last 105.75  Change +0.36   % Change 0.34%   Volume 2,182,427   As of: 3 Nov 2016 11:56:04 EST   View: Stock Quote |  News   COP    Last 43.67  Change +0.44   % […]


Keep Alaska, Gulf of Mexico sales in next 5-year OCS plan, groups say

Oil and gas lease sales in the Beaufort and Chukchi Seas, the central and western Gulf of Mexico, and parts of the eastern gulf should remain in the 2017-22 US Outer Continental Shelf management plan, three national groups representing businesses, manufacturers, and energy consumers jointly said in a Nov. 3 letter to US President Barack […]