Economic pressure on crude oil exporting countries is likely to increase if prices remain depressed, two economists told the US Senate Foreign Relations Committee. The US and other major consuming nations will need to consider possible policy adjustments before significant problems developed, they said on Mar. 2. Source: News
3 Mar 2016 16:00:00 EST – The latest stock information is now available for your stocks
XOM Last 82.4 Change –0.30 % Change 0.36% Volume 13,030,684 As of: 3 Mar 2016 16:00:00 EST View: Stock Quote | News CVX Last 87.53 Change +0.39 […]
Economist: Industry ‘bloodletting’ to continue in Texas
Dramatic decreases in Texas upstream oil and gas industry economic indicators—even crude oil production—suggest a continued “bloodletting” in 2016, an economist indicated this week. Source: News
3 Mar 2016 14:56:08 EST – The latest stock information is now available for your stocks
XOM Last 82.44 Change –0.26 % Change 0.31% Volume 9,287,924 As of: 3 Mar 2016 14:56:08 EST View: Stock Quote | News CVX Last 87.385 Change +0.245 […]
3 Mar 2016 13:59:10 EST – The latest stock information is now available for your stocks
XOM Last 82.1199 Change –0.5801 % Change 0.7% Volume 8,183,770 As of: 3 Mar 2016 13:59:10 EST View: Stock Quote | News CVX Last 87.18 Change +0.04 […]
3 Mar 2016 12:58:09 EST – The latest stock information is now available for your stocks
XOM Last 82.09 Change –0.61 % Change 0.74% Volume 6,664,378 As of: 3 Mar 2016 12:58:09 EST View: Stock Quote | News CVX Last 87.07 Change –0.07 […]
Murkowski: Latest CRS analysis raises key oil tax questions
A new Congressional Research Service (CRS) report examines eight important questions about US President Barack Obama’s proposed crude oil tax, US Senate Energy and Natural Resources Committee Chair Lisa Murkowski (R-Alas.) said as she released a third CRS study following the president’s initial announcement. Source: News
Det norske adds seven NCS licenses
Det norske oljeselskap ASA has agreed to acquire Noreco Norway AS’s Norwegian license portfolio, including a $5-million cash balance. The deal is effective Jan. 1. Source: News
Lukoil, Bashneft JV begins exploration drilling on Yuzhno-Visovaya prospect
Vostok NAO, a 50-50 joint venture of PJSC Lukoil and PJSOC Bashneft, has begun drilling exploration well No. 1 on the Yuzhno-Visovaya prospect on the Severo-Yareyyaginsky block of the Nenets Autonomous District. The target depth of the well is 4,000 m. Source: News
Eni group installs Zubair treatment plants
The group led by Eni redeveloping supergiant Zubair oil field in southern Iraq has completed three new oil, gas, and water treatment plants. Source: News