Medallion Midstream LLC and its affiliate Medallion Midstream Services LLC have signed a letter of intent to construct a Delaware basin crude oil pipeline system to provide gathering and transportation services for Parsley Energy Inc. Source: News
Chesapeake to sell Haynesville properties for $450 million
Chesapeake Energy Corp., Oklahoma City, has agreed to sell some of its acreage and producing properties in the Haynesville shale of northern Louisiana for $450 million. Source: News
Wages up in Canada’s slumping energy industry
The irony of rising wages in a slumping industry provides three insights into the Canadian oil and gas industry’s effort to regain profitability, according to Todd Hirsch, chief economist of ATB Financial in Calgary. Source: News
6 Dec 2016 11:57:01 EST – The latest stock information is now available for your stocks
XOM Last 87.37 Change –0.11 % Change 0.13% Volume 4,228,008 As of: 6 Dec 2016 11:57:01 EST View: Stock Quote | News CVX Last 113.185 Change –0.065 % Change 0.06% Volume 2,033,486 As of: 6 Dec 2016 11:57:01 EST View: Stock Quote | News COP Last 49.71 Change +0.83 % […]
Mitsui to acquire interests in four deepwater gulf blocks
Mitsui & Co. Ltd., Tokyo, has agreed to acquire a 20% interest in four Mississippi Canyon blocks in the Gulf of Mexico from Shell Offshore Inc. Source: News
6 Dec 2016 11:05:15 EST – The latest stock information is now available for your stocks
XOM Last 86.94 Change –0.54 % Change 0.62% Volume 3,061,131 As of: 6 Dec 2016 11:05:15 EST View: Stock Quote | News CVX Last 112.68 Change –0.57 % Change 0.5% Volume 1,425,869 As of: 6 Dec 2016 11:05:15 EST View: Stock Quote | News COP Last 49.15 Change +0.27 % […]
Origin Energy plans oil and gas business spin-off
Sydney-based Origin Energy Ltd. has announced plans to sell it’s $1.8-billion conventional upstream oil and gas assets so that it can focus on the wholesale and retail energy markets as well as its LNG business in Queensland. Source: News
Hochstein outlines how world energy changed during Obama’s presidency
President-elect Donald J. Trump’s incoming administration almost certainly will get a dramatically different world energy assessment than President-elect Barack Obama’s did 8 years earlier, the US Department of State’s special envoy for energy resources expects. Source: News
MARKET WATCH: NYMEX, Brent oil prices reach highest levels since July 2015
Crude oil prices reached their highest levels in more than a year during Dec. 6 trading with the light, sweet crude oil contract for January settling at nearly $52/bbl while Brent crude oil for February closed at nearly $55/bbl on the London market. Source: News
6 Dec 2016 9:55:26 EST – The latest stock information is now available for your stocks
XOM Last 86.89 Change –0.59 % Change 0.67% Volume 1,221,231 As of: 6 Dec 2016 9:55:26 EST View: Stock Quote | News CVX Last 112.37 Change –0.88 % Change 0.78% Volume 613,235 As of: 6 Dec 2016 9:55:26 EST View: Stock Quote | News COP Last 48.91 Change +0.03 % […]