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Stock Market & Financial Investment News

News Breaks
February 17, 2013
14:27 EDTCOP, CEOConocoPhillips back in operation at China offshore oil field, WSJ says
China's State Oceanic Administration said the Penglai 19-3 oil field in China's northern Bohai Bay could resume operations after making a number of unspecified changes, allowing ConocoPhillips (COP)to resume full operation at the offshore Chinese oil field after being sanctioned by Beijing over oil spills in 2011, says the Wall Street Journal. ConocoPhillips's China unit owns 49% of the field and China's Cnooc (CEO) owns the remainder. Reference Link
News For COP;CEO From The Last 14 Days
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October 22, 2014
05:42 EDTCEOShell announces Gabon deep-water gas discovery
Shell (RDS.A, RDS.B)announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, west of Gamba. It was drilled in water 2,110 metres deep to a total vertical depth of 5,063 metres. Shell and partners are planning to undertake an appraisal programme to further determine the resource volumes. Leopard-1 was drilled in license BCD10, operated by Shell. Second partner in the venture is CNOOC (CEO). This frontier discovery follows recent deep water exploration successes in the heartlands for Shell Exploration in the Gulf of Mexico and Malaysia.
October 16, 2014
13:54 EDTCOPGulf 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
07:44 EDTCOPExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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October 13, 2014
06:36 EDTCOPSaudi Arabia content to let oil prices stay low, Reuters reports
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05:35 EDTCEOCNOOC reports Enping 24-2 oilfield commences production
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October 12, 2014
13:53 EDTCOPKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTCOPSaudis take aggressive oil measures in Europe, WSJ says
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October 10, 2014
10:31 EDTCOPConocoPhillips files arbitration agianst PDVSA for contractual compensation
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06:22 EDTCOPConocoPhillips volatility increases as oil pulls back to multi-year lows
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