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Stock Market & Financial Investment News

News Breaks
December 5, 2012
07:03 EDTCIE, TOTCobalt announces significant North Platte deepwater Gulf of Mexico discovery
Cobalt International Energy (CIE) announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. The discovery well encountered several hundred feet of net oil pay in multiple Inboard Lower Tertiary sands. North Platte is located in approximately 4,400 feet of water and was drilled to a total depth of approximately 34,500 feet. Cobalt is the operator of North Platte and has a 60% working interest in the prospect. Total (TOT) E&P USA is Cobaltís partner in the discovery, with a 40% working interest.
News For CIE;TOT From The Last 14 Days
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March 27, 2015
06:37 EDTTOTOil retreats after Goldman says attacks won't have much impact, Reuters reports
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March 26, 2015
06:36 EDTTOTOil surges after Saudis attack Yemen rebels, Reuters reports
The price of West Texas Intermediate oil was up about 4% after Saudi Arabia and other countries bombed Iranian-backed rebel forces in Yemen, according to Reuters. OVerseas stocks fell signficantly following the attacks, the news service noted. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
March 23, 2015
06:39 EDTTOTTotal CEO seeking $10B-$15B in financing for Russian expansion, WSJ says
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March 22, 2015
17:59 EDTTOTOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
07:19 EDTTOTWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTTOTOil prices fall again, Reuters reports
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March 19, 2015
07:19 EDTTOTKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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