Oil industry, ethanol witnesses cite different grievances with RFS

Witnesses from the American Petroleum Institute and the Renewable Fuels Association appeared equally dissatisfied with the US Environmental Protection Agency’s recently proposed 2019 biofuel quotas under the Renewable Fuel Standard at a public hearing in Ypsilanti, Mich. Source: News


Northern continues to increase Williston basin inventory

Northern Oil & Gas Inc. will acquire a North Dakota asset currently producing more than 4,100 boe/d from Tailwater Capital LLC-backed Pivotal Petroleum Partners for $68.4 million in cash and 25.75 million shares of common stock. Source: News


18 Jul 2018 13:55:50 EDT – The latest stock information is now available for your stocks

XOM    Last 82.2158  Change –0.0942   % Change 0.11%   Volume 4,897,102   As of: 18 Jul 2018 13:55:50 EDT   View: Stock Quote |  News   CVX    Last 121.4601  Change –0.4499   % Change 0.37%   Volume 4,133,384   As of: 18 Jul 2018 13:55:50 EDT   View: Stock Quote |  News   COP    Last 70.07  Change –0.21   % […]


IEA: Global energy investment decline for third straight year

Global energy investment declined for the third consecutive year in 2017 to $1.8 trillion, a shortfall of 2% in real terms from the previous year, according to the recently released World Energy Investment 2018 report from the International Energy Agency. Source: News


SOCAR Polymer commissions polypropylene plant

SOCAR Polymer, a subsidiary of state-owned State Oil Co. of Azerbaijan Republic, started up the country’s first polypropylene plant in the Sumgait Chemical Industrial Park about 30 km north of Baku. Source: News


Blue Mountain starts up Merge-SCOOP-STACK gas plant

Blue Mountain Midstream, a subsidiary of Linn Energy, has commissioned its Chisholm Trail III cryogenic gas plant in the heart of the liquids-rich Merge-SCOOP-STACK play in central Oklahoma. Source: News


Enterprise to build deepwater crude export terminal in US Gulf

Enterprise Products Partners LP plans to develop a crude oil export terminal off the Texas Gulf Coast. The terminal would be capable of fully loading very large crude carriers with capacities of about 2 million bbl. Enterprise has started front-end engineering and design and preparing applications for regulatory permitting. Source: News


18 Jul 2018 12:56:10 EDT – The latest stock information is now available for your stocks

XOM    Last 82.105  Change –0.205   % Change 0.25%   Volume 4,316,458   As of: 18 Jul 2018 12:56:11 EDT   View: Stock Quote |  News   CVX    Last 121.4  Change –0.51   % Change 0.42%   Volume 3,775,860   As of: 18 Jul 2018 12:56:11 EDT   View: Stock Quote |  News   COP    Last 70.22  Change –0.06   % […]


FERC moving ahead on LNG project applications, chairman says

Denying a report that the US Federal Energy Regulatory Commission notified LNG project sponsors that there would be a 12-18 month delay in processing applications, Chairman Kevin McIntyre said the commission has made significant strides “in reforming the permitting process in working with federal partners, eliminating duplicative processes, and streamlining procedures that will significantly reduce […]


Hengli lets contract for Dalian integrated complex

Hengli Petrochemical (Dalian) Refinery Co. has let a contract to Rotork to supply electric and pneumatic valve actuators and valve gearboxes for flow control at its integrated 20 million-tonne/year crude-to-paraxylene refining and petrochemical project in Hengli Petrochemical Industrial Park on Changxing Island in Dalian, China. Source: News