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Stock Market & Financial Investment News

News Breaks
March 28, 2013
07:08 EDTCVX, RDS.A, COP, BP, RDS.BBP, Shell, others to invest $500M in Clair field drilling program
BP (BP) and its co-venturers Shell (RDS.A), ConocoPhillips (COP) and Chevron (CVX) announced their decision to proceed with a two-year appraisal program to look at the possibility of developing a third phase of the giant Clair field, west of the Shetland Islands. The initial commitment involves a two year program to drill five appraisal wells. This could increase to between eight and twelve wells, depending on results from these first wells. Drilling of the first well commenced recently. The objectives of the program are to provide greater certainty on overall reservoir volumes, including their distribution and fluid characteristics; to evaluate technologies to improve recovery from Greater Clair; and to test the possibility of new standalone developments and linkages to Clair Ridge. The initial investment in the appraisal program will be greater than $500M gross.
News For B;COP;CVX From The Last 14 Days
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June 25, 2015
13:08 EDTCVXPenn Virginia higher after blog speculates on another deal
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12:07 EDTCVXBP said to make $8/share bid for Penn Virginia, Proactive Investors blog says
BP (BP) has made a $8 per share takeover bid for Penn Virginia (PVA), but the latter rejected the bid and is "holding out" for at least $10 per share, UK investor blog Proactive Investors claimed, citing people familiar with the matter. ExxonMobil (XOM) and Chevron (CVX) may also be interested in buying Penn Virginia, according to Proactive, which identifies itself as a "leading multi-media news organisation, investor portal and events management business." Penn Virginia shares are up 7% in midday trading following the report from the blog, which was previously credited for a report on alleged takeover advances made toward drugmaker Receptos (RCPT). Reference Link
09:34 EDTCVXActive equity options trading on open
Active equity options trading on open: AAPL FB NFLX AMZN BAC CVX TWTR INTC GILD BBBY
June 24, 2015
11:12 EDTCOPConocoPhillips management to meet with Jefferies
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07:19 EDTCVX, COPU.K. panel to decide on first fracking in area since 2011, WSJ reports
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June 19, 2015
09:27 EDTCVXPacific Drilling tender canceled by Chevron, says Raymond James
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June 18, 2015
06:22 EDTCVXPetrovietnam says acquires Chevron's Vietnam assets
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June 17, 2015
10:00 EDTCVXOn The Fly: Analyst Upgrade Summary
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05:24 EDTCVXChevron upgraded to Buy from Hold at Societe Generale
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June 16, 2015
14:34 EDTCVXChevron upgraded to Buy from Hold at Societe Generale
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