An exploratory well drilled by Statoil Petroleum AS in the Norwegian North Sea was not formation tested, but preliminary calculations indicate recoverable resources of 1-3 million cu m of oil equivalent. Source: News
BHI: US rig count records another 20-unit jump, tops 800 mark
The US count of active drilling rigs climbed 20 units to 809 during the week ended Mar. 24, according to data from Baker Hughes Inc. Source: News
24 Mar 2017 12:56:23 EST – The latest stock information is now available for your stocks
XOM Last 81.58 Change –0.28 % Change 0.34% Volume 1,729,724 As of: 24 Mar 2017 12:56:23 EST View: Stock Quote | News CVX Last 108.04 Change +0.17 % Change 0.16% Volume 1,276,132 As of: 24 Mar 2017 12:56:23 EST View: Stock Quote | News COP Last 44.29 Change –0.19 % […]
Moody’s revises outlook on North American R&M to stable
Moody’s Investors Service has changed the outlook to stable from negative on the North American and EMEA (Europe, the Middle East, and Africa) regions refining and marketing (R&M) businesses. This outlook reflects Moody’s expectation for the fundamental business conditions over the next 12-18 months. Source: News
24 Mar 2017 11:55:14 EST – The latest stock information is now available for your stocks
XOM Last 81.77 Change –0.09 % Change 0.11% Volume 790,336 As of: 24 Mar 2017 11:55:14 EST View: Stock Quote | News CVX Last 108.28 Change +0.41 % Change 0.38% Volume 675,957 As of: 24 Mar 2017 11:55:14 EST View: Stock Quote | News COP Last 44.41 Change –0.07 % […]
Assala Energy to buy Shell’s Gabon onshore interests for $587 million
Assala Energy Holdings Ltd., a portfolio company of global alternative asset manager Carlyle Group, has agreed to acquire all of Royal Dutch Shell PLC’s onshore oil and gas operations and related infrastructure in Gabon for $587 million. Source: News
New Zealand opens 2017 exploration permit round
The New Zealand government is hoping for a more positive industry response to its latest exploration permit round than it received in 2016. Source: News
24 Mar 2017 10:57:08 EST – The latest stock information is now available for your stocks
XOM Last 81.8201 Change –0.0399 % Change 0.05% Volume 150,596 As of: 24 Mar 2017 10:57:08 EST View: Stock Quote | News CVX Last 108.3 Change +0.43 % Change 0.4% Volume 82,971 As of: 24 Mar 2017 10:57:08 EST View: Stock Quote | News COP Last 44.655 Change +0.175 % […]
US State Department issues long-awaited permit for Keystone XL pipeline
The US Department of State issued a presidential permit for the proposed Keystone XL crude oil pipeline more than 8 years after sponsor TransCanada Corp. originally sought cross-border approval of the project. Under-Secretary for Political Affairs Thomas A. Shannon Jr. signed the permit after President Donald J. Trump reversed his predecessor Barack Obama’s decision and […]
India approves policy for extension of pre-NELP PSCs
India’s Cabinet Committee on Economic Affairs (CCEA) has approved a policy for the extension of production-sharing contracts for blocks awarded prior to the New Exploration Licensing Policy (NELP), which has been in use since 1999 (OGJ Online, Mar. 8, 2017). Source: News