Aramco to buy interest in Malaysia's RAPID project

Petronas has signed a share purchase agreement to sell Saudi Aramco a 50% ownership interest in its long-planned refinery and petrochemical integrated development (RAPID) project now under construction at the $27-28-billion Pengerang integrated complex (PIC) in southeastern Johor, Malaysia. Source: News


Study links water injection, induced seismicity in Central and Northwest Oklahoma

Injection into the Arbuckle group, the stratigraphic unit lying directly on Oklahoma’s crystalline basement, is the likely cause of the state’s earthquakes. The largest volume of injection has been into this horizon and increases of pore pressure in the Arbuckle are interpreted as transmitting to blind faults in the crystalline basement. Source: News


North American upstream spending to soar in 2017

Following an unprecedented 2 years of double-digit percentage declines, upstream capital expenditures in North America will rebound strongly this year, according to Oil & Gas Journal’s annual spending outlook. Source: News


A squeeze on Canada

Canadian oil and gas companies find themselves caught between push-and-pull policies from north and south of their country’s southern border. With every gain comes a setback. Source: News


3 Mar 2017 16:00:00 EST – The latest stock information is now available for your stocks

XOM    Last 82.46  Change –0.84   % Change 1.01%   Volume 12,291,615   As of: 3 Mar 2017 16:00:00 EST   View: Stock Quote |  News   CVX    Last 113.55  Change +0.19   % Change 0.17%   Volume 4,909,822   As of: 3 Mar 2017 16:00:00 EST   View: Stock Quote |  News   COP    Last 47.82  Change –0.39   % […]