The US drilling rig count was up 13 units to 1,059 the week ended May 25, according to Baker Hughes data. The count is up 151 units from this time a year ago when the count stood at 908. Source: News
Total due stake in Novatek’s Arctic LNG 2
Total SA has signed an agreement with Novatek to acquire a 10% participation interest in the Russian company’s 19.8 million-tonne/year Arctic LNG 2 project on northern Siberia’s Gydan Peninsula. Novatek plans three liquefaction trains with combined capacities of 19.8 million tpy of LNG from gas produced at Utrenneye gas and condensate field. Source: News
25 May 2018 12:55:14 EDT – The latest stock information is now available for your stocks
XOM Last 78.23 Change –2.04 % Change 2.54% Volume 7,840,477 As of: 25 May 2018 12:55:14 EDT View: Stock Quote | News CVX Last 121.5416 Change –5.0684 % Change 4% Volume 4,672,574 As of: 25 May 2018 12:55:14 EDT View: Stock Quote | News COP Last 64.79 Change –3.66 % […]
Woodside to speed up, add to Scarborough development plans
Woodside Petroleum Ltd., Perth, would like to accelerate and increase the breadth of its plans through development of the Scarborough natural gas fields on the Exmouth Plateau offshore Western Australia. Source: News
25 May 2018 11:56:07 EDT – The latest stock information is now available for your stocks
XOM Last 78.37 Change –1.90 % Change 2.37% Volume 6,412,733 As of: 25 May 2018 11:56:07 EDT View: Stock Quote | News CVX Last 121.86 Change –4.75 % Change 3.75% Volume 3,607,563 As of: 25 May 2018 11:56:07 EDT View: Stock Quote | News COP Last 64.69 Change –3.76 % […]
UNCTAD report urges developing countries to view fracing cautiously
Countries seeking ways to increase access to energy should view hydraulic fracturing cautiously because of possible gaps in local geological and hydrological knowledge, inadequate regulatory environments, and diversion of resources from renewable energy source, a United Nations Conference on Trade and Development (UNCTAD) report recommended on May 24. Source: News
Borr Drilling buys 5 jack up rigs from Keppel FELS
Keppel Corp. Ltd., a wholly owned subsidiary of Keppel Offshore & Marine Ltd., has sold five jack up rigs to Borr Drilling Ltd. for $745 million. One rig is scheduled to be delivered in late-2019 with four rigs to be delivered during 2020. Source: News
MARKET WATCH: US crude oil prices follow equity markets down
Oil futures prices eased May 24 on both London and New York markets. Light, sweet oil prices followed a fall in US equity markets after US President Donald Trump’s announcement calling off a summit with North Korea. Source: News
25 May 2018 11:00:50 EDT – The latest stock information is now available for your stocks
XOM Last 78.55 Change –1.72 % Change 2.14% Volume 5,039,572 As of: 25 May 2018 11:00:50 EDT View: Stock Quote | News CVX Last 122.4 Change –4.21 % Change 3.33% Volume 2,730,061 As of: 25 May 2018 11:00:50 EDT View: Stock Quote | News COP Last 64.7 Change –3.75 % […]
Mubadala Petroleum joins Russian venture
The oil and gas unit of a major Abu Dhabi wealth fund is planning its first major investment in Russia. Mubadala Petroleum and the Russian Direct Investment Fund will acquire a 49% equity interest in Gazpromneft-Vostok to form a joint venture with Gazprom-Neft for development of oil fields in the Tomsk and Omsk regions. Source: […]