Hawkwood Energy LLC, Denver, has reached a definitive agreement for a wholly owned subsidiary to acquire oil and gas properties in East Texas from subsidiaries of Halcon Resources Corp. for $500 million as the seller shifts its focus to the Delaware basin of West Texas. Source: News
W&T Offshore brings well on stream at Mahogany field in Gulf of Mexico
W&T Offshore Inc., Houston, started production on Jan. 17 from the Ship Shoal 349 A-18 well at Mahogany field in the Gulf of Mexico. Source: News
BridgeTex Pipeline adding 100,000 b/d of Permian crude capacity
BridgeTex Pipeline Co. LLC, owned 50-50 by Magellan Midstream Partners LP and Plains All American Pipeline LP (PAA), is expanding the BridgeTex crude oil pipeline’s capacity from the Permian basin to 400,000 b/d from 300,000 b/d. The expanded capacity is expected to be available second-quarter 2017 following enhancements to existing pumps and related equipment. Source: […]
Sinopec’s Tianjin refinery due new alkylation unit
China Petrochemical Corp. (Sinopec) has let a contract to a division of E.I. DuPont de Nemours & Co. to provide process technology and engineering for a new alkylation unit to be built at subsidiary Tianjin Petroleum & Chemical Corp.’s (TPCC) 15.5-million tonne/year integrated refining and petrochemical complex at Tianjin Binhai New Area, Tianjin, in northern […]
26 Jan 2017 11:55:58 EST – The latest stock information is now available for your stocks
XOM Last 85.365 Change +0.025 % Change 0.03% Volume 3,543,396 As of: 26 Jan 2017 11:55:59 EST View: Stock Quote | News CVX Last 116.68 Change –0.56 % Change 0.48% Volume 2,038,534 As of: 26 Jan 2017 11:55:59 EST View: Stock Quote | News COP Last 50.645 Change –0.045 % […]
26 Jan 2017 11:02:58 EST – The latest stock information is now available for your stocks
XOM Last 85.32 Change –0.02 % Change 0.02% Volume 2,554,230 As of: 26 Jan 2017 11:02:58 EST View: Stock Quote | News CVX Last 116.95 Change –0.29 % Change 0.25% Volume 1,430,038 As of: 26 Jan 2017 11:02:58 EST View: Stock Quote | News COP Last 50.62 Change –0.07 % […]
Hess writes down Equus development off Western Australia
US company Hess Corp. has decided to write down the full value of the proposed Equus gas-condensate development off Western Australia by $933 million (Aus.). The project has come off the boil because of the downturn in world oil prices and the high capital costs of development in Australia. Source: News
EPA risk management rule is problematic, trade groups tell Congress
The American Petroleum Institute, American Fuel & Petrochemical Manufacturers, US Chamber of Commerce and 18 other business groups asked congressional leaders to use the Congressional Review Act to disapprove the US Environmental Protection Agency’s final risk management practices rule covering accidental chemical releases. Source: News
MARKET WATCH: Crude oil prices fall after US inventory climbs again
Light, sweet crude oil prices for March delivery fell after a weekly US government report showed US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, rose for a third consecutive week. Source: News
26 Jan 2017 9:57:59 EST – The latest stock information is now available for your stocks
XOM Last 85.48 Change +0.14 % Change 0.16% Volume 929,681 As of: 26 Jan 2017 9:57:59 EST View: Stock Quote | News CVX Last 117.27 Change +0.03 % Change 0.03% Volume 510,079 As of: 26 Jan 2017 9:57:59 EST View: Stock Quote | News COP Last 50.64 Change –0.05 % […]