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Stock Market & Financial Investment News

News Breaks
March 21, 2014
13:20 EDTAPC, BPAnadarko emails demonstrate role in Macondo well incident, Bloomberg reports
According to emails, Anadarko (APC) officials urged BP (BP) to continue drilling deeper into the Macondo well in the Gulf of Mexico, despite BP's hesitation, Bloomberg reports. Reference Link
News For APC;BP From The Last 14 Days
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November 26, 2014
06:42 EDTBPSaudis unlikely to seek oil output changes, Reuters reports
Saudi Arabia indicated today that it probably won't seek major changes in OPEC's oil output during the group's meeting this week, according to Reuters. The oil market should "stabilize itself" eventually, the news service quoted Saudi Oil Minister Ali al-Naimi. as saying OPEC members Venezuela and Iraq have called for output cuts, while non-OPEC member Russia said it would not reduce production, the news service stated. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT).Reference Link
November 25, 2014
18:13 EDTAPCBlack Hills receives approval for acquisition of certain assets of MGTC
Black Hills (BKH) announced that the Wyoming Public Service Commission approved the acquisition of certain gas transmission and distribution utility assets of MGTC, wholly owned subsidiary of Anadarko Petroleum (APC). The transaction is expected to close by Jan. 1, 2015. Black Hills Corp. is acquiring the MGTC assets in northeastern Wyoming for approximately $6M.
13:01 EDTBPOPEC leans toward compromise to cut supplies, WSJ says
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November 23, 2014
19:12 EDTBPIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
November 18, 2014
18:26 EDTBPKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
11:15 EDTBPBP to invest $200M to upgrade U.S., Belgian petrochemical plants
BP announced that it plans to invest over $200M to upgrade its purified terephthalic acid plants at Cooper River, South Carolina and Geel, Belgium. The investments will position these assets amongst the most efficient PTA manufacturing facilities in the world. Reference Link
November 14, 2014
16:52 EDTBPGreenlight Capital gives quarterly update on stakes
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05:58 EDTBPLawsuit accuses BP of overcharging California agencies for natural gas, AP says
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November 13, 2014
17:06 EDTBPBP loses bid for new trial regarding negligence in oil spill, Bloomberg says
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15:19 EDTAPCOne Halliburton employee dead, two hurt after accident, Denver Post reports
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November 12, 2014
07:31 EDTAPCBofA/Merrill to hold a conference
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