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Stock Market & Financial Investment News

News Breaks
December 10, 2012
02:12 EDTIMO, NXY, CVE, SU, CNQ, CEOCanada won't easily approve future oil sands deals, Fox Business says
Although the Canadian government approved the Nexen (NXY) Cnooc (CEO) deal, Canada also stressed that future approaches by state-owned entities like Cnooc and Petronas will face more scrutiny, "and they have been all but barred from further oil-sands investment." says Fox Business, adding that Prime Minister Stephen Harper said approval of these types of deals will in the future be rare. Reference Link
News For CNQ;CVE;IMO;SU;NXY;CEO From The Last 14 Days
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November 24, 2014
05:20 EDTCEOCNOOC commenced production at joint development project
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November 19, 2014
05:42 EDTCEOCNOOC makes mid-sized new discovery in Eastern South China Sea
CNOOC announced that the company made a mid-sized new discovery Lufeng14-4 in the Eastern South China Sea. The Lufeng14-4 structure is located in Lufeng Sag in the Pearl River Mouth Basin of the South China Sea with an average water depth of 145 meters. The discovery well Lufeng14-4-1 was drilled and completed at a depth of 4,098 meters and encountered oil pay zones with a total thickness of approximately 150 meters. The oil production of the well tested around 1,320 barrels per day. The successful exploration of Lufeng14-4 demonstrated the company's remarkable breakthrough in the exploration area of the Paleogene SystemCand further proved the huge exploration potential of the Paleogene System in the Pearl River Mouth Basin.
November 18, 2014
18:51 EDTSUSuncor sees FY15 CapEx $7.2B-$7.8B, FY15 avg production 540,000-585,000 BOE/d
Suncor Energy released its 2015 corporate guidance, which includes capital spending of between $7.2B-$7.8B and planned average production of 540,000-585,000 barrels of oil equivalent per day. Approximately 55% or up to $4.3B of the 2015 capital spend is expected to go towards growth projects with over $2B earmarked for the Oil Sands segment. About 45% or up to $3.5B of Suncor's 2015 capital spend is expected to be allocated towards sustaining capital investments focused on safe, reliable and efficient operations across the company's assets. Suncor also confirmed comments made in its Q3 release that total production for 2014 is anticipated to be in the low end of its annual guidance range, with Oil Sands operations production slightly below the lower end of the guidance range.
November 14, 2014
17:44 EDTCVECenovus Energy gains approval for Telephone Lake oil sands project
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November 11, 2014
06:24 EDTIMOImperial Oil suspends production at Kearl operations
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