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Stock Market & Financial Investment News

News Breaks
February 17, 2013
14:27 EDTCEO, COPConocoPhillips 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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November 27, 2014
10:25 EDTCOPOPEC decided not to cut oil production, CNBC reports
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November 26, 2014
06:42 EDTCOPSaudis unlikely to seek oil output changes, Reuters reports
Saudi Arabia indicated today that it probably won't seek major changes in OPEC's oil output during the group's meeting this week, according to Reuters. The oil market should "stabilize itself" eventually, the news service quoted Saudi Oil Minister Ali al-Naimi. as saying OPEC members Venezuela and Iraq have called for output cuts, while non-OPEC member Russia said it would not reduce production, the news service stated. 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
November 25, 2014
13:01 EDTCOPOPEC leans toward compromise to cut supplies, WSJ says
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10:10 EDTCEOHigh option volume stocks
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November 24, 2014
05:20 EDTCEOCNOOC commenced production at joint development project
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November 23, 2014
19:12 EDTCOPIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. 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
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
18:26 EDTCOPKeystone pipeline legislation voted down by U.S. Senate
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10:03 EDTCOPConocoPhillips management to meet with ISI Group
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November 14, 2014
16:39 EDTCOPBerkshire Hathaway gives quarterly update on stakes
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