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Stock Market & Financial Investment News

News Breaks
October 26, 2012
07:24 EDTPTR, SHI, CEOChinaís shale gas blocks draw record bidding, FT reports
Chinese energy companies, including many smaller, privately owned ones, are piling into shale gas exploration projects and the latest bidding round for Chinaís shale gas blocks drew a record number of bidders, reported Financial Times. Reference Link
News For CEO;SHI;PTR From The Last 14 Days
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December 15, 2014
05:44 EDTCEOCNOOC reports Liuhua 34-2 gas field commences production
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December 10, 2014
10:00 EDTPTROn The Fly: Analyst Downgrade Summary
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05:44 EDTPTRPetroChina downgraded to Hold from Buy at Jefferies
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05:21 EDTCEOCNOOC signs PSCs with KUFPEC
CNOOC announced that its parent company, China National Offshore Oil Corporation, has signed three production sharing contracts, or PSCs, with KUFPEC for Blocks 52/22ĀA52/26 and 63/13 in the South China Sea. The three blocks mentioned above are located in the Yinggehai Basin of the South China Sea. Block 52/22 covers a total area of 1,896 square kilometers, and has a water depth of 60-300 meters; Block 52/26 covers a total area of 1,783 square kilometers, and has a water depth of 80-160 meters; Block 63/13 covers a total area of 698 square kilometers, and has a water depth of 80-140 meters. According to the terms of the PSCs, CNOOC shall act as the operator of the three blocks mentioned above. Expenditures incurred during the exploration period will be borne by CNOOC and KUFPEC in a proportion of 20% and 80% of participating interest, respectively. Both parties will conduct 3D seismic data surveys and will drill exploration wells. Once entering the development phase, CNOOC has the right to participate in up to 70% of the working interest in any commercial discoveries in the blocks. After signing the abovementioned PSCs, CNOOC will assign all of its rights and obligations under such contracts, except for those relating to CNOOC's administrative functions, to CNOOC China Limited, a subsidiary of CNOOC Limited.
December 8, 2014
05:55 EDTCEOCNOOC announces first production from K1A
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December 5, 2014
10:00 EDTPTROn The Fly: Analyst Downgrade Summary
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08:24 EDTPTRPetroChina downgraded at Nomura
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December 3, 2014
07:49 EDTCEOCNOOC volatility at upper end of 29-month range
CNOOC overall option implied volatility of 29 compares to its 26-week average of 23 according to Track Data, suggesting large price movement.
07:29 EDTPTRPetroChina volatility at upper end of 32-month range
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