Suncor Energy Inc. is extending its offer for all the outstanding shares of Canadian Oil Sands Ltd. (COS) to Jan. 27. Source: News
Eni brings Mpungi field on production offshore Angola
Italy’s Eni SPA has started deepwater production from Mpungi field on Block 15/06 offshore Angola, reaching a third milestone in the West Hub development project. Source: News
Isobel Deep redrill further confirms discovery in North Falkland basin
Premier Oil PLC’s Isobel Deep redrill, 14/20-2, has confirmed the oil discovery of the original well in May 2015. The well, which is on licence PL004A, 30 km south of Sea Lion field, reached TD at 3,014 m encountering oil-bearing intervals in a number of sandstone reservoirs between 2,564-2,861 m (the base of the Isobel […]
Groups list concerns with proposed PHMSA hazardous liquids rules
The US Pipeline and Hazardous Materials Safety Administration (PHMSA) proposed hazardous liquids pipeline management requirements are a laudable step in some ways, but could create problems and needless duplication in others, according to four national oil and gas associations in three separate filings. Source: News
Pemex lets contract for Madero refinery
Mexico’s Petroleos Mexicanos (Pemex), through its processing subsidiary Pemex Transformacion Industrial (formerly Pemex Refinacion), has let a contract to Fluor Corp. unit ICA Fluor’s industrial engineering-construction joint venture with Empresas ICA SAB de CV for work related to construction of a hydrodesulfurization (HDS) plant as part of the second phase of the country’s ultralow-sulfur diesel […]
11 Jan 2016 11:56:26 EST – The latest stock information is now available for your stocks
XOM Last 74.24 Change –0.45 % Change 0.6% Volume 6,145,478 As of: 11 Jan 2016 11:56:26 EST View: Stock Quote | News CVX Last 81.7244 Change –0.4056 […]
MARKET WATCH: NYMEX oil price drops on stronger dollar
Light, sweet crude prices for February delivery settled with another drop Jan. 8 despite experiencing price gains earlier in the day. The US benchmark oil price settled on the New York market at $33.16/bbl on Jan. 8, which was the lowest closing price since Feb. 9, 2004. Source: News
First cargo ships from Australia Pacific LNG project
The first cargo of LNG has departed from the Australia Pacific LNG (APLNG) facility on Curtis Island in Queensland, the project’s partners reported. Source: News
11 Jan 2016 10:56:24 EST – The latest stock information is now available for your stocks
XOM Last 74.1 Change –0.59 % Change 0.79% Volume 3,827,527 As of: 11 Jan 2016 10:56:24 EST View: Stock Quote | News CVX Last 82.07 Change –0.06 […]
Westlake plans ethylene expansion at Kentucky plant
Westlake Chemical Partners LP, a subsidiary of Westlake Chemical Corp., Houston, has approved plans to boost ethylene production at affiliate Westlake Chemical OpCo LP’s (OpCo) 630 million-lb/year (286,000 tonne/year) plant at Calvert City, Ky. Source: News