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Stock Market & Financial Investment News

News For CBI;RDS.A;WOPEY From The Last 14 Days
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October 16, 2014
13:54 EDTRDS.AGulf states to oppose OPEC oil production ceiling cut, WSJ says
Despite the recent turmoil in the oil market, Gulf nations including Saudi Arabia, Kuwait and the United Arab Emirates are seen as opposing OPEC oil-production ceiling cuts at next month's meeting, says the Wall Street Journal. 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
October 15, 2014
08:09 EDTCBIExelon, Chicago Bridge & Iron and 8 Rivers partner for demonstration plant
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07:44 EDTRDS.AExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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October 14, 2014
08:05 EDTCBICB&I announces gasification technology award in China
CB&I announced it has been awarded a contract by Shandong Sincier Petrochemical for the license and engineering design of a gasification unit to be built near Dongying, Shandong Province, China. The unit will utilize CB&I's proprietary E-GasPlus technology for a three-train facility to produce syngas for hydrogen, fuel gas and power. This plant will have the capability of operating on coal and petroleum coke, or a combination of these fuels with a liquid or solid residue from an upstream hydrocracking unit. This will be in addition to six other process units licensed earlier by Sincier using CB&I's technology to produce octane boosting, clean gasoline blendstocks, residue upgrading and petrochemicals production.
October 13, 2014
06:36 EDTRDS.ASaudi Arabia content to let oil prices stay low, Reuters reports
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October 12, 2014
13:53 EDTRDS.AKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTRDS.ASaudis take aggressive oil measures in Europe, WSJ says
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October 9, 2014
08:04 EDTCBIChicago Bridge & Iron awarded polypropylene contract in China
CB&I has been awarded a contract by Shenhua Ningxia Coal Industry Group Co. for the license and engineering design of a polypropylene unit to be built in Lingwu, Yinchuan City, Ningxia, People's Republic of China. The unit will use CB&I's Novolen technology to produce 600,000 metric tons per annum of polypropylene.
08:03 EDTCBICBI joint venture with Chevron wins technology award in Bahrain
Chicago Bridge & Iron (CBI) and Chevron's (CVX) joint venture Chevron Lummus Global has been awarded a contract in excess of $100M by Bahrain Petroleum Co. The scope of work includes the license of its LC-Fining and Isocracking technologies and engineering design packages for the new residue hydrocracking and vacuum gasoil hydrocracking units for the Bapco Modernization Program.
07:55 EDTRDS.ALego to cease co-promotion contract with Shell
Lego CEO Jorgen Vig Knudstorp issued a press release on the company's website which explained that the company is not renewing the co-promotion contract with Royal Dutch Shell when the present contract expires. Knudstorp said, "The Greenpeace campaign uses the LEGO brand to target Shell. As we have stated before, we firmly believe Greenpeace ought to have a direct conversation with Shell. The LEGO brand should never have become part of Greenpeace’s dispute with Shell. We do not agree with the tactics used by Greenpeace that may have created misunderstandings among our stakeholders about the way we operate, and we want to ensure that our attention is not diverted from our commitment to delivering creative and inspiring play experiences. We want to clarify that as things currently stand we will not renew the co-promotion contract with Shell when the present contract ends. We do not want to be part of Greenpeace’s campaign and we will not comment any further on the campaign."
October 8, 2014
08:30 EDTRDS.ARoyal Dutch Shell to sell Nigerian oil block to Taleveras, WSJ reports
Royal Dutch Shell will sell a Nigerian oil block, known as Oil Mining License 29, and an associated pipeline to Taleveras Group for over $2.5B, two sources tell the Wall Street Journal. Reference Link
October 7, 2014
08:01 EDTCBIChicago Bridge & Iron signs $90M contract to overhaul five oil storage tanks
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07:27 EDTRDS.AEU repreive on oil sands label a victory for Canada, WSJ says
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