XOM Last 78.55 Change +1.02 % Change 1.32% Volume 7,073,010 As of: 26 Feb 2018 12:57:58 EST View: Stock Quote | News CVX Last 114.42 Change +1.83 % Change 1.63% Volume 2,958,366 As of: 26 Feb 2018 12:57:58 EST View: Stock Quote | News COP Last 56.87 Change –0.18 % […]
Canada: 'Too much crude, too few pipelines'
Pipeline congestion caused by approval delays and aggravated by a November leak in the Keystone system has cost oil producers in western Canada as much as $17/bbl (Can.), say economists at Scotiabank. Source: News
Petronas farms into FAR’s Gambia offshore blocks
FAR Ltd., Perth, has signed a farmout agreement with Malaysia’s Petronas in which the state firm will take a 40% interest in each of FAR’s offshore Gambia permits—Blocks A2 and A5. Source: News
Oil, gas, and trade
Because energy regulation must work in concert with, rather than separately from, foreign policy, US President Donald Trump threatens to compromise his achievements in an important area. It’s an area in which mistakes can be economically and politically devastating. Source: News
26 Feb 2018 12:00:01 EST – The latest stock information is now available for your stocks
XOM Last 78.12 Change +0.59 % Change 0.76% Volume 5,788,993 As of: 26 Feb 2018 12:00:01 EST View: Stock Quote | News CVX Last 113.705 Change +1.115 % Change 0.99% Volume 2,391,788 As of: 26 Feb 2018 12:00:01 EST View: Stock Quote | News COP Last 56.57 Change –0.48 % […]
US upstream and tax reform
Using its Global Economic Model, Wood Mackenzie recently modeled the impacts of a lowered corporate tax rate on US exploration and production companies. WoodMac found that the cut in the corporate tax rate to 21% from 35% could provide value to US E&Ps with profitable assets seeing large increases. Including all minor interests, modeled assets […]
Southwestern Energy makes senior leadership changes
Julian Bott will join Southwestern Energy Co. as executive vice-president and will become chief financial officer on Mar. 5. He previously served as chief financial officer of SandRidge Energy Inc. Source: News
OVL reported to drop LNG from Farzad B plan
State-owned ONGC Videsh Ltd. of India is reported to have dropped plans for a gas-liquefaction project in Iran in an apparent effort to advance development of Farzad B gas field. Source: News
MARKET WATCH: NYMEX, Brent crude prices rise on US inventory, Libya’s force majeure
Crude oil prices on the New York market extended a rally to a second week after the US government reported a drop in the weekly US oil inventory for the week ended Feb. 16, and also on news reports that a Libyan oil field halted production over a worker protest. Source: News
26 Feb 2018 10:55:22 EST – The latest stock information is now available for your stocks
XOM Last 78.18 Change +0.65 % Change 0.84% Volume 4,365,814 As of: 26 Feb 2018 10:55:22 EST View: Stock Quote | News CVX Last 113.54 Change +0.95 % Change 0.84% Volume 1,633,342 As of: 26 Feb 2018 10:55:22 EST View: Stock Quote | News COP Last 56.9461 Change –0.1039 % […]