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Stock Market & Financial Investment News

News Breaks
November 19, 2012
13:03 EDTBPBP doubles Trinidad find with discovery of 1 trillion cubic feet of gas
BP Trinidad & Tobago announced that it has discovered an estimated 1 trillion cubic feet, or tcf, of gas offshore Trinidad, doubling the estimated gas in place of the Savonette gas field, to 2tcf. BPTT made the announcement during a meeting in London between Minister of Energy and Energy Affairs, Kevin Ramnarine; Trinidad and Tobago’s High Commissioner to London, Garvin Nicholas; and BP representatives. The Savonette field was discovered in 2004 by the Chachalaca exploration well and began production in 2009 through a normally unmanned platform built in Trinidad at TOFCO. Based on the success of the Savonette 4 well, bpTT is proposing to drill a further two development wells into the Savonette reservoirs. The gas discovered began production in October, with the Savonette 4 well currently flowing at approximately 225 million standard cubic feet of gas a day, ramping up to 250mmscf/d. If successful, the two additional development wells are also expected to be brought into production over the next year to eighteen months.
News For BP From The Last 14 Days
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April 23, 2014
06:23 EDTBPBP agrees to sale of interests in four Alaska North Slope assets
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April 21, 2014
07:38 EDTBPBP refuses U.S. request for Gulf spill research funding, FT says
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April 14, 2014
10:02 EDTBPOn The Fly: Analyst Upgrade Summary
Acorda Therapeutics (ACOR) upgraded to Outperform from Market Perform at FBR Capital... Allegheny Technologies (ATI) upgraded to Neutral from Underperform at Sterne Agee... BP (BP) upgraded to Buy from Hold at Canaccord... Bloomin' Brands (BLMN) upgraded to Buy from Hold at Deutsche Bank... Boardwalk Pipeline (BWP) upgraded to Neutral from Underperform at BofA/Merrill... Boston Scientific (BSX) upgraded at BofA/Merrill... Charles Schwab (SCHW) upgraded to Buy from Neutral at UBS... Citigroup (C) upgraded to Hold from Sell at Rafferty Capital... Community Health (CYH) upgraded to Outperform from Perform at Oppenheimer... Eaton Vance (EV) upgraded to Neutral from Sell at Citigroup... Eli Lilly (LLY) upgraded to Hold from Underperform at Jefferies... F5 Networks (FFIV) upgraded to Buy from Hold at Stifel... HeartWare (HTWR) upgraded to Buy from Neutral at BTIG... Heartland Payment (HPY) upgraded to Hold from Sell at Stifel... Hyatt Hotels (H) upgraded to Outperform from Market Perform at FBR Capital... MasterCard (MA) upgraded to Outperform from Neutral at RW Baird... McDermott (MDR) upgraded to Neutral from Underweight at HSBC... Palo Alto (PANW) upgraded to Overweight at Stephens... PetroChina (PTR) upgraded to Neutral from Underperform at Credit Suisse... Seagate (STX) upgraded to Buy from Hold at Argus... Sensata (ST) upgraded to Buy from Neutral at Citigroup... Stryker (SYK) upgraded to Neutral from Reduce at SunTrust... TD Ameritrade (AMTD) upgraded to Buy from Neutral at UBS... TTM Technologies (TTMI) upgraded to Buy from Hold at Stifel... Transocean (RIG) upgraded to Hold from Sell at Deutsche Bank... VMware (VMW) upgraded to Outperform from Underperform at CLSA... Visa (V) upgraded to Outperform from Neutral at RW Baird... Yahoo (YHOO) upgraded to Buy from Neutral at SunTrust... Zimmer (ZMH) upgraded to Neutral from Reduce at SunTrust... bebe stores (BEBE) upgraded to Buy from Neutral at Janney Capital.
05:54 EDTBPBP upgraded to Buy from Hold at Canaccord
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April 11, 2014
08:11 EDTBPBP says can help improve relations between west, Russia, Reuters says
In an effort to calm shareholders' worries over the company's large exposure to Russia, BP executives said it can help improve relations between Russia and the west and is talking to politicians all over the globe, according to Reuters, citing comments from CEO Bob Dudley. Reference Link

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