News Breaks |
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| January 19, 2013 |
| 14:32 EDT |  | BP, STO | Algerian army ends siege by militants at desert gas plant, Reuters says
The Algerian army carried out a final assault to end the Islamic militant seige at a desset gas plant, says Reuters. Reference Link |
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News For BP;STO From The Last 14 Days Check below for free stories on BP;STO the last two weeks. |
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| June 19, 2013 |
| 12:33 EDT |  | STO | Statoil management to meet with Jefferies
Meeting to be held in New York on June 26 hosted by Jefferies. |
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| 08:03 EDT |  | STO | General Electric awarded $147M contract by Statoil
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| 06:05 EDT | | STO | Statoil make another oil find offshore Newfoundland
Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling the Harpoon prospect, located approximately 500 kilometres north-east of St. John's, Newfoundland and Labrador, Canada. The Harpoon discovery was drilled by the semi-submersible rig West Aquarius, in approximately 1,100 metres of water. Harpoon is located about 10 kilometres south-east of Statoil's Mizzen discovery. The Mizzen discovery is estimated to hold between 100M-200M barrels of oil. As part of its 2013 three-well exploration program offshore Newfoundland, Statoil is currently drilling its Federation prospect, located in the Jeanne d'Arc Basin. The company will then return to the Flemish Pass Basin to drill the Bay du Nord prospect, which is located south-west of the Harpoon and Mizzen discoveries. |
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| 06:03 EDT | | STO | Statoil discovers high-quality oil in Flemish Pass Basin in Newfoundland
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| 05:56 EDT | | BP, STO | EU looking for evidence that oil traders manipulate prices, WSJ reports
The EU is investigating manipulation of benchmarks as part of a probe into whether energy traders skew prices of oil and other fuels for their own financial benefit, reports the Wall Street Journal. Reference Link |
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| June 18, 2013 |
| 10:01 EDT |  | STO | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Flir Systems (FLIR) upgraded to Strong Buy from Market Perform at Raymond James... HSBC (HBC) upgraded to Buy from Neutral at Citigroup... Motorcar Parts (MPAA) upgraded to Buy from Neutral at B. Riley... People's United (PBCT) upgraded to Overweight from Neutral at JPMorgan... Royal Dutch Shell (RDS.A) upgraded to Focus List from Outperform at Howard Weil... Statoil (STO) upgraded to Outperform from Sector Perform at Howard Weil... CommVault (CVLT) upgraded at Pacific Crest... Newfield Exploration (NFX) upgraded to Buy from Hold at Stifel. |
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| 09:13 EDT | | STO | Statoil upgraded to Outperform from Sector Perform at Howard Weil
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| 07:13 EDT | | BP | U.S. oil exports highest in 30 years, Bloomberg reports
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| 06:04 EDT | | BP | Energy firms may look to courts over U.S. natural gas exports, Reuters reports
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| June 14, 2013 |
| 08:06 EDT | | BP | LNG trade declined in 2012, FT reports
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| June 13, 2013 |
| 07:09 EDT | | BP | U.S. crude oil production surged 14% in 2012, WSJ reports
U.S. crude oil production grew by over 1M barrels a day last year, the largest increase in the world and the largest in U.S. history. In the latest sign of the shale revolution remaking world energy markets, crude production in the U.S. jumped 14% last year to 8.9M barrels a day, according to the newly released Statistical Review of World Energy, published by BP, reports the Wall Street Journal.Reference Link |
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| 06:10 EDT | | BP | On the Fly: Periodicals Wrap-Up
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| June 11, 2013 |
| 12:15 EDT | | BP | EIA sees Brent crude to average $102/barrel over 2H, $100/barrel in 2014
In its updated short-term energy outlook, the U.S. Energy Information Administration expects Brent crude oil spot price to average $102 per barrel over 2H, and $100 per barrel in 2014. EIA expects the price of regular gasoline will average $3.53 per gallon over the summer driving season. The annual average regular gasoline retail price is projected to decline from $3.63 per gallon in 2012 to $3.49 per gallon in 2013 and to $3.37 per gallon in 2014. Reference Link |
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| 07:38 EDT | | BP | OPEC: Stronger oil demand growth in second half of 2013, Reuters reports
OPEC said the world's oil demand will grow faster in the rest of 2013 than during the first half due to economic recovery and higher seasonal consumption, reports Reuters. Reference Link |
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| June 5, 2013 |
| 07:53 EDT | | STO | Statoil delays Barents Sea project, FT reports
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