Lundin makes oil, gas discovery in Filicudi prospect in Barents Sea

Lundin Norway AS, a unit of Lundin Petroleum AB, Stockholm, has made an oil and gas discovery with main well 7219/12-1, which was drilled on the Filicudi prospect in the southern Barents Sea. Lundin is now drilling sidetrack well 7219/12-1A. Source: News


India approves HPCL for Mumbai refinery expansion

India has granted Hindustan Petroleum Corp. Ltd. (HPCL) environmental clearance to proceed with a project to modernize and expand its 7.5-million tonne/year Mumbai refinery in Maharashtra State. Source: News


13 Feb 2017 12:55:44 EST – The latest stock information is now available for your stocks

XOM    Last 82.91  Change +0.39   % Change 0.47%   Volume 4,435,814   As of: 13 Feb 2017 12:55:44 EST   View: Stock Quote |  News   CVX    Last 113.57  Change +0.52   % Change 0.46%   Volume 1,978,011   As of: 13 Feb 2017 12:55:44 EST   View: Stock Quote |  News   COP    Last 49.53  Change –0.61   % […]


MPLX unit to acquire Ozark pipeline

An affiliate of MPLX Pipe Line Holdings LLC (MPLH), a subsidiary of MPLX LP, has agreed to acquire the 230,000-b/d Ozark crude oil pipeline from Enbridge Pipelines (Ozark) LLC, a subsidiary of Enbridge Energy Partners LP, for $220 million. The 433-mile, 22-in. pipeline originates in Cushing, Okla., and terminates in Wood River, Ill. Source: News


13 Feb 2017 12:01:48 EST – The latest stock information is now available for your stocks

XOM    Last 82.72  Change +0.20   % Change 0.24%   Volume 3,765,750   As of: 13 Feb 2017 12:01:48 EST   View: Stock Quote |  News   CVX    Last 113.31  Change +0.26   % Change 0.23%   Volume 1,708,308   As of: 13 Feb 2017 12:01:48 EST   View: Stock Quote |  News   COP    Last 49.23  Change –0.91   % […]


TAEP: Texas upstream economy expanded in December

Two consecutive years of economic contraction in the Texas upstream industry ended as 2016 drew to a close, the Texas Alliance of Energy Producers (TAEP) says. Source: News


US House passes resolution to revoke SEC's foreign payments rule

The US House of Representatives approved legislation under the Congressional Review Act that would nullify a Securities and Exchange requirement for US oil and gas and other extractive industries to disclose payments to foreign governments. Source: News


Chevron reports $415 million in 4Q 2016 earnings

Chevron Corp. reported fourth-quarter 2016 earnings of $415 million compared with a loss of $588 million in fourth-quarter 2015. Full-year 2016 results were a loss of $497 million compared with earnings of $4.6 billion in 2015. Source: News


Watching Government: Tillerson arrives at State

Accountability, honesty, and respect will be core principles at the US Department of State while Rex W. Tillerson is its secretary, he told employees as he arrived there on Feb. 2. He also expressed high regard for the people who work there already. Source: News