Suriname state oil firm Staatsolie has completed the long-planned major expansion and efficiency project to double crude processing capacity and expand fuel production at the Tout Lui Faut refining complex about 12 miles south of the country’s capital city of Paramaribo. Source: News
6 Jan 2016 15:59:20 EST – The latest stock information is now available for your stocks
XOM Last 77.54 Change –0.58 % Change 0.74% Volume 15,611,611 As of: 6 Jan 2016 15:59:20 EST View: Stock Quote | News CVX Last 86.3 Change –3.31 […]
China’s Hebei Haiwei lets contract for polypropylene unit
Hebei Haiwei Group Co. Ltd. has let a contract to CB&I, Houston, to provide technology licensing and engineering design for a polypropylene (PP) unit to be built in Jingxian, Hebei Province, China. Source: News
Shell Canada announces appointments
Michael Crothers has been appointed president and country chair for Shell Canada Ltd. and Zoe Yujnovich has been named executive vice-president, heavy oil. Source: News
BP finds buyer for Alabama petrochemical complex
BP PLC has entered a deal with Indorama Ventures Public Co. Ltd., Bangkok, for the sale of its Decatur, Ala., petrochemicals complex as part of the company’s previously announced reorganization of its global petrochemicals business. Source: News
IHS: Global upstream M&A deal value plunged 22% in 2015
The overall merger and acquisition (M&A) deal count in the global upstream business plunged in 2015 as the weakness and volatility in crude oil prices made it difficult for buyers and sellers to achieve consensus on value and outlook, according to analysis by IHS Inc. Source: News
MARKET WATCH: NYMEX, Brent oil prices fall before US inventory report
Light, sweet crude prices for February fell moderately Jan. 5 on markets in New York and London, which analysts attributed to weaker-than-expected Chinese manufacturing statistics and US factory orders. Source: News
Way named Southwestern’s president, chief executive officer
Bill Way has been appointed president and chief executive officer of Southwestern Energy Co., Houston, succeeding Steve Mueller. Source: News
6 Jan 2016 10:02:48 EST – The latest stock information is now available for your stocks
XOM Last 77.06 Change –1.06 % Change 1.36% Volume 2,031,357 As of: 6 Jan 2016 10:02:48 EST View: Stock Quote | News CVX Last 87.0026 Change –2.6074 […]
API: Obama should capitalize on US energy successes in final year
American Petroleum Institute Pres. Jack N. Gerard urged US President Barack Obama to pursue energy policies in the final year of his presidency that capitalize on successes in increasing oil and gas production, strengthening the general economy, and reducing greenhouse gas emissions. Source: News