Zeta makes partial takeover bid for New Zealand Oil & Gas

Singapore-based Zeta Energy Pte. Ltd., a wholly owned subsidiary of investment group Zeta Resources Ltd., has launched a partial offer for Wellington-based New Zealand Oil & Gas Ltd. (NZOG). If successful, Zeta would gain a 50.1% controlling interest in NZOG. Source: News


Baker Hughes: Gas rigs push down overall US rig count by 5

The overall US drilling rig count declined during the week ended Aug. 11 for the fourth time in the past 7 weeks, and gas-directed rigs led the losses for a second straight week.   Source: News


11 Aug 2017 13:59:09 EDT – The latest stock information is now available for your stocks

XOM    Last 78.49  Change –0.48   % Change 0.61%   Volume 5,801,282   As of: 11 Aug 2017 13:59:09 EDT   View: Stock Quote |  News   CVX    Last 109.745  Change –0.365   % Change 0.33%   Volume 1,788,995   As of: 11 Aug 2017 13:59:09 EDT   View: Stock Quote |  News   COP    Last 44.8744  Change –0.0956   % […]


AWE-led group finds gas with Waitsia-4 well off Western Australia

The AWE Ltd.-led partnership with fellow Sydney-based Origin Energy Ltd. has reached total depth with its Waitsia-4 appraisal well in the onshore Perth basin of Western Australia and encountered gas in primary and secondary targets (OGJ Online, July 10, 2017). Source: News


SemCAMS plans Pipestone sour gas plant

Calgary-based SemCAMS ULC, a subsidiary of SemGroup Corp., Tulsa, is planning to build a sour gas processing plant to serve Montney producers in the Pipestone region of the Western Canadian Sedimentary Basin. Source: News


Extending Venezuela sanctions to crude oil may backfire, senators say

Four Republican US senators warned President Donald Trump that extending unilateral sanctions against the regime of Nicolas Maduro in Venezuela to that country’s crude oil exports could inadvertently harm US Gulf Coast refiners and the consumers who use their products. Source: News


FERC regains quorum as Chatterjee, Powelson are sworn in

The US Federal Energy Regulatory Commission regained its quorum after 6 months as its two newest members, Neil Chatterjee and Robert F. Powelson, were sworn in on Aug. 8 and 10, respectively. Source: News


IEA: Rebalancing would be ‘here to stay’ if producers maintain resolve

Global oil stocks fell by 500,000 b/d and preliminary data for July, particularly in the US where stocks fell by 790,000 b/d, is supportive of rebalancing supplies with demand, according to the most recent Oil Market Report from the International Energy Agency. Source: News


11 Aug 2017 11:57:03 EDT – The latest stock information is now available for your stocks

XOM    Last 78.4899  Change –0.4801   % Change 0.61%   Volume 4,237,138   As of: 11 Aug 2017 11:57:03 EDT   View: Stock Quote |  News   CVX    Last 109.8599  Change –0.2501   % Change 0.23%   Volume 1,215,280   As of: 11 Aug 2017 11:57:03 EDT   View: Stock Quote |  News   COP    Last 44.8233  Change –0.1467   % […]