XOM Last 84.31 Change –0.22 % Change 0.26% Volume 4,417,067 As of: 30 Mar 2016 11:58:15 EST View: Stock Quote | News CVX Last 95.79 Change +0.47 […]
EIA: Costs of US oil, gas wells have declined since 2012
Average well drilling and completion costs in five key onshore areas in the US evaluated in 2015 were between 25% and 30% below their level in 2012, when costs per well were at their highest point over the past decade, according to the US Energy Information Agency’s recent study, Trends in US Oil & Natural […]
Chariot Oil & Gas farms out offshore Moroccan acreage to Eni
Italy’s Eni SPA will enter an agreement to operate a 10,780-sq km area in Morocco’s Rabat Deep Offshore exploration permits I-VI. The company seeks to expand its Atlantic Margin presence in North Africa. Source: News
Chevron terminates contract for Maersk Deliverer
Cabinda Gulf Oil Co. Ltd. (Cabgoc), Chevron Corp.’s affiliate in Angola, has elected to cancel its contract with Maersk Drilling for the dynamically positioned semisubmersible Maersk Deliverer ultradeepwater drilling rig. Source: News
MOL reports another oil, gas discovery in Pakistan
MOL Group reported an 11th hydrocarbon discovery in Pakistan, which makes three discoveries made on Karak block in the country’s Punjab Province. Source: News
BP, Kuwait Petroleum sign framework agreement
BP PLC and state-owned Kuwait Petroleum Corp. (KPC) signed a broad framework agreement for possible opportunities inside and outside Kuwait covering oil, gas, trading, and petrochemicals. Source: News
Kuwait, Saudi Arabia agree to restart jointly held Khafji field
Kuwait and Saudi Arabia agreed to resume production at offshore Khafji oil field although no restart date was immediately available, Kuwait News Agency (Kuna) reported, saying Anas al-Saleh, Kuwait’s acting oil minister, told Kuwait’s Parliament that maintenance was planned first at the field. Source: News
30 Mar 2016 10:55:01 EST – The latest stock information is now available for your stocks
XOM Last 84.7901 Change +0.2601 % Change 0.31% Volume 2,945,182 As of: 30 Mar 2016 10:55:01 EST View: Stock Quote | News CVX Last 96.4267 Change +1.1067 […]
EIA: US crude inventories record 2.3 million-bbl rise
Data from the US Energy Information Administration’s Weekly Petroleum Status Report show that US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, gained 2.3 million bbl during the week ended Mar. 25 from the previous week’s total. Source: News
Ineos plans restart of mothballed ethylene unit at Grangemouth
Ineos AG, Rolle, Switzerland, has completed operational trials for the planned restart of a previously shuttered second manufacturing unit at its gas-cracking operations in Grangemouth, Scotland. Source: News