The GPA Midstream Association asked the US Environmental Protection Agency to withdraw its proposal to add natural gas processing plants to its Toxic Release Inventory (TRI). Source: News
CNRL reports first-quarter earnings, production increases
Canadian Natural Resources Ltd., Calgary, reported first-quarter net earnings of $245 million compared with a loss of $105 million in the same quarter last year. Source: News
04 May 2017 12:56:11 EDT – The latest stock information is now available for your stocks
Source: Industry Insights
WoodMac: Argentina’s Vaca Muerta production to reach 113,000 boe/d by 2018
Wood Mackenzie Ltd. forecast that production from the seven most advanced developments in Argentina’s Vaca Muerta play—covering only 8% of play acreage—will reach 77,000 boe/d during 2017 and 113,000 by 2018, which would double 2016 levels. Source: News
COGCC orders operators to inspect flowlines following explosion
The Colorado Oil & Gas Conservation Commission ordered oil and gas operators in the state to inspect their flowlines and verify that any not in use are fully abandoned by May 30. The May 2 order also directed operators to document the location and integrity of any existing flowline within 1,000 ft of a building […]
Groups urge Senate to pass CRA bill to revoke BLM methane rule
A coalition of 11 organizations urged members of the US Senate to pass a Congressional Review Act resolution that would revoke the US Bureau of Land Management’s methane emissions limits rule before May 11. “Forcing this one-size-fits-all regulation on an industry that is already substantially reducing methane emissions is unnecessary and costly,” they said in […]
04 May 2017 11:59:38 EDT – The latest stock information is now available for your stocks
Source: Industry Insights
Study for API lists economic pluses from building infrastructure
Building new US oil and gas transportation systems could create more than 1 million new jobs, generate as much as $1.34 trillion of private investment, and add $1.89 trillion to nation’s gross domestic product, an ICF study commissioned by the American Petroleum Institute concluded. Source: News
OTC: Pemex’s financial, operational outlooks improving, CEO says
Turning around a company whose sales are comparable to Uruguay’s gross domestic product is no small task, especially when the company itself remains a primary source of revenue for its government owner. Source: News
MARKET WATCH: NYMEX crude prices gain despite higher US gasoline inventories
US light, sweet crude oil futures for June rose modestly in New York but settled under $48/bbl for a second consecutive day May 3 while Brent crude oil prices on the London market also rose modestly and settled under $51/bbl. Source: News