Chaparral Energy Inc., Oklahoma City, has sold its enhanced oil recovery properties in Oklahoma and Texas to Perdure Petroleum, which Delaware records indicate was formed Sept. 26 as a limited liability company. Source: News
Nebraska PSC approves Keystone XL’s mainline alternative route
Nebraska’s Public Service Commission approved the proposed Keystone XL crude oil pipeline’s Mainline Alternative Route in a 3-2 vote. The new route maximizes co-location of the new system with the existing Keystone pipeline while having potential impacts on fewer miles of threatened or endangered species’ ranges, PSC said in its Nov. 20 final order. Source: […]
Aramco shutters, plans to convert Jiddah refinery into terminal
Saudi Aramco has discontinued crude processing operations at its 77,000-b/d Jiddah refinery along the Red Sea coast to convert the industrial complex into a distribution center for petroleum products. Source: News
20 Nov 2017 12:55:22 EST – The latest stock information is now available for your stocks
XOM Last 80.465 Change +0.225 % Change 0.28% Volume 3,388,725 As of: 20 Nov 2017 12:55:23 EST View: Stock Quote | News CVX Last 114.845 Change +0.135 % Change 0.12% Volume 1,465,961 As of: 20 Nov 2017 12:55:23 EST View: Stock Quote | News COP Last 50.115 Change –0.015 % […]
Funding complete for two Nigerian fields
Nigerian National Petroleum Corp. says execution of the final phase of an alternative financing agreement with Chevron Corp. will boost production in Nigeria by 39,000 b/d of oil and 283 MMscfd of natural gas. Source: News
Anadarko reports 2018 capital guidance
Anadarko Petroleum Corp., The Woodlands, Tex., reported its 2018 capital expectations and guidance. In 2018, the company expects to make capital investments of $4.2-4.6 billion. Source: News
Watching Government: West Virginia's impressive deal
West Virginia reached its stunning agreement for China Energy Investment Corp. to invest as much as $82.7 billion in the state on shale gas and chemical manufacturing projects because Gov. Jim Justice (R) and others objected a few weeks earlier when it looked as if federal trade officials had overlooked the Mountain State. So they […]
Husky Energy acquires Superior, Wisc., refinery
Husky Energy Inc., Calgary, has completed its acquisition of Calumet Specialty Products Partners LP subsidiary Calumet Superior LLC’s 47,500-b/cd refinery in Superior, Wis., and other regional downstream assets (OGJ Online, Aug. 14, 2017). Source: News
OGCI annual report affirms gas's role in reaching lower carbon future
Natural gas will play an important long-term part in reducing global carbon emissions in addition to its more immediate role of replacing coal to generate electric power, the Oil & Gas Climate Initiative said as it released its third annual report in London on Oct. 27. Source: News
TDA calls for proposals as it launches US gas exports initiative
The US Trade and Development Agency (TDA) called for initial development proposals as it launched its US Gas Infrastructure Exports Initiative. Officials from the Departments of Energy, Interior, and State, as well as a House Energy and Commerce Committee member, expressed strong support during the Nov. 17 event at the US Chamber of Commerce. Source: […]