With crude oil markets expected to tighten, commercial stocks of the Organization for Economic Cooperation and Development (OECD) will possibly have reached or even fallen below the 5-year average target when such data are available in the next month or so. This is according to the International Energy Agency’s monthly Oil Market Report for April. […]
13 Apr 2018 14:56:50 EDT – The latest stock information is now available for your stocks
XOM Last 77.865 Change +0.645 % Change 0.84% Volume 6,887,303 As of: 13 Apr 2018 14:56:50 EDT View: Stock Quote | News CVX Last 119.7 Change +0.47 % Change 0.39% Volume 3,566,851 As of: 13 Apr 2018 14:56:50 EDT View: Stock Quote | News COP Last 64.69 Change +1.45 % […]
Breitburn emerges from Chapter 11 as Maverick Natural Resources
On Apr. 6, Breitburn Energy Partners, Los Angeles, emerged from Chapter 11 as Maverick Natural Resources LLC, a portfolio company majority owned and controlled by funds and accounts managed by EIG Global Energy Partners. Source: News
NGC asks administration to address CWA Section 401 abuses
Presidents of the four national oil and gas trade associations that comprise the Natural Gas Council jointly asked the Trump administration to address problems with the implementation of Clean Water Act Section 401, which they said some states are using to stop interstate pipeline construction. Source: News
PetroKazakhstan advances Shymkent refinery modernization
PetroKazakhstan Oil Products, a joint venture of state-owned KazMunaiGas and China National Petroleum Corp., has undertaken a scheduled shutdown of its 5.25 million-tonne/year Shymkent refinery in Kazakhstan to execute works related to the ongoing modernization of the manufacturing site. Source: News
Baker Hughes: US rig continues climb past 1,000-unit marker
The US drilling rig count gained 5 units to reach 1,008 during the week ended Apr. 13, data from Baker Hughes indicate. The report shows an overall increase of 161 units from year-ago levels. Source: News
Trump would support 15% year-round ethanol blend in US gasoline
US President Donald Trump called for raising the ethanol blend limit in gasoline sold in the US to 15% year-round. Source: News
13 Apr 2018 13:54:58 EDT – The latest stock information is now available for your stocks
XOM Last 77.9699 Change +0.7499 % Change 0.97% Volume 5,921,960 As of: 13 Apr 2018 13:54:58 EDT View: Stock Quote | News CVX Last 120.21 Change +0.98 % Change 0.82% Volume 2,900,239 As of: 13 Apr 2018 13:54:58 EDT View: Stock Quote | News COP Last 64.93 Change +1.69 % […]
Angola streamlining oil and gas work
Angola is trying to streamline oil and gas administration, reports Maja Bovcon, senior Africa analyst at Verisk Maplecroft. Source: News
MARKET WATCH: NYMEX crude up, Brent down in mixed markets
Brent crude oil for June delivery briefly fell slightly on Apr. 12 but remained just above $72/bbl in London while US light, sweet crude oil reached above $67/bbl on the New York market. Source: News