The Nigerian Content Development & Monitoring Board (NCDMB) has signed a $10-million equity agreement with Waltersmith Petroman Oil Ltd. subsidiary Waltersmith Refining & Petrochemical Co. Ltd. (WRPCL) for construction of the operator’s newly proposed 5,000-b/d modular refinery at Ibigwe, Imo state, Nigeria. Source: News
Equinor to buy European energy trader
Equinor has agreed to buy 100% of the shares of Danske Commodities, one of Europe’s largest short-term electricity traders also involved in short-term gas trading. Source: News
Echo Energy reports Argentina well encounters wet gas
Echo Energy PLC, a UK company focused on Latin America, announced CSo-2001(d) well in an Argentina drilling campaign encountered what company executives are calling “a notable gas column,” with initial results indicating wet gas. Source: News
09 Jul 2018 11:56:07 EDT – The latest stock information is now available for your stocks
XOM Last 82.82 Change +0.49 % Change 0.6% Volume 2,602,575 As of: 9 Jul 2018 11:56:07 EDT View: Stock Quote | News CVX Last 125.65 Change +1.51 % Change 1.22% Volume 1,363,198 As of: 9 Jul 2018 11:56:07 EDT View: Stock Quote | News COP Last 70.5 Change +0.85 % […]
Northern Territory lets gas pipeline contract to AGIG
Newmont Mining Corp. has awarded Australian Gas Infrastructure Group (AGIG) a $170-million (Aus.) contract to build a new gas pipeline in the Northern Territory. Source: News
Cooper Energy declares Sole-3 production ready
Source: News
09 Jul 2018 10:55:26 EDT – The latest stock information is now available for your stocks
XOM Last 82.9 Change +0.57 % Change 0.69% Volume 1,677,207 As of: 9 Jul 2018 10:55:27 EDT View: Stock Quote | News CVX Last 125.6 Change +1.46 % Change 1.18% Volume 1,061,851 As of: 9 Jul 2018 10:55:27 EDT View: Stock Quote | News COP Last 70.53 Change +0.88 % […]
Eni has second Faghur basin deep strike
Eni reports a second discovery in its exploration of deep sequences of the Faghur basin in Egypt’s Western Desert. Source: News
Eni Norge-Point Resources combo to expand
Vaar Energy AS, to be formed by the merger of Eni Norge AS and Point Resources AS, will spend $8 billion during the next 5 years to raise production offshore Norway to 250,000 boe/d of oil and natural gas from the companies’ combined output of 180,000 boe/d, according to a press release. Source: News
MARKET WATCH: NYMEX, Brent crude oil prices diverge to end week
The light, sweet oil price for August delivery rose July 6 to settle at $73.80/bbl on the New York market amid concerns about possible supply disruptions even while some members of the Organization of Petroleum Exporting Countries are raising oil production. Source: News