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Month: March 2019

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Oil price Friday 29th of March 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-03-29 1.8943 1.9185 1.8855 1.8956 0.0157 1.8956 3217 3880 Crude Oil...

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Major Gulf of Mexico producer weighs 2019 IPO

Major Gulf of Mexico producer weighs 2019 IPO

Fieldwood Energy, an offshore oil and gas explorer that emerged from bankruptcy in April. Mexico’s president has sent a letter to Spain’s King Felipe. Mexico has been described as the deadliest country for reporters outside of a war zone. A geyser of high-octane gasoline was sent several metres into the air. It is an indigenous...

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Oil price Thursday 28th of March 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-03-28 1.8865 1.8926 1.8288 1.8881 0.0156 1.8799 16830 11023 Crude Oil...

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Nigeria’s oil-rich Bayelsa State opens inquiry on spills

Nigeria’s oil-rich Bayelsa State opens inquiry on spills

Nigeria’s oil-rich Bayelsa state started an inquiry into the human and environmental impact of spills. Mr. Simbi Wabote, has predicted a boom in Nigeria’s Liquefied Petroleum Gas. The probe will investigate “environmental and human damage” in Nigeria’s vast oil fields. Nigeria’s external reserves has risen to a five-month high of $43.507 billion as of last...

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Premier Oil has sold its Pakistan business for $65.6 million

Premier Oil has sold its Pakistan business for $65.6 million

Premier is pleased to announce that it has completed the sale of Premier Oil Pakistan. It’s completed the sale nearly two years after the initial agreement. These full-year results are a ‘return to profitability’ from 2017’s full-year loss of $253.8m. Growth projects such as Tolmount, Zama and Sea Lion, together with promising exploration. 2018 higher...

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Railroad Commission of Texas has fined more operators, businesses $520,000

Railroad Commission of Texas has fined more operators, businesses $520,000

The Railroad Commission of Texas assessed $520,394 in fines involving 321 enforcement dockets. The Railroad Commission of Texas issued a total of 961 original drilling permits in February. The key state agencies are taking steps now to ensure reliable electric service for all Texans. The operator was recognized for restoring more than 3,400 contiguous acres...

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Lundin’s Solveig PDO includes five satellite wells in North Sea

Lundin’s Solveig PDO includes five satellite wells in North Sea

The Norwegian Petroleum Directorate has received the Plan for Development and Operation (PDO). Up to 270 containers fell off the MSC ZOE, one of the world’s largest cargo ships. BP has been granted approval to drill for oil in the North Sea. The UK economy is forecast to have held up in the fourth quarter....

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Vedanta Limited reports oil discovery in India’s Krishna-Godavari basin

Vedanta Limited reports oil discovery in India’s Krishna-Godavari basin

Vedanta Limited has notified the Management Committee, Directorate General of Hydrocarbons. Vedanta Limited has appointed new advisors for strategic counsel and guidance. Company pleased that Supreme Court, post hearing of the Sterlite Copper matter today. Volcan Investments Limited (Volcan) and Vedanta Resources Limited, the parent companies of Vedanta Limited. The morning some agitators near company...

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Oil price Wednesday 27th of March 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-03-27 1.9529 1.9549 1.8839 1.8887 0.0602 1.8955 24345 19975 Crude Oil...

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Lukoil, INPEX have concluded testing in Iraq’s Eridu field 5th well

Lukoil, INPEX have concluded testing in Iraq’s Eridu field 5th well

Lukoil and INPEX Corporation have successfully completed testing of the appraisal phase. LUKOIL has won the award as the best national exporter. LUKOIL Group’s employees have qualified for the final of the Leaders of Russia contest. LUKOIL has reached another milestone with ten million tonnes of oil. The Board of Directors of “LUKOIL” (hereinafter the...

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