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Stock Market & Financial Investment News

News Breaks
March 19, 2013
17:26 EDTCOP, CVX, APCConocoPhillips updates Coronado exploration well in Walker Ridge Block 98
The Coronado wildcat exploration well, located in Walker Ridge Block 98, was drilled to a total depth of 31,866 feet, in 6,127 feet of water. The well is located approximately 190 miles off the coast of Louisiana and approximately 12 miles southeast of the Shenandoah discovery. Results from the Coronado well are still being evaluated, and additional appraisal will be needed to determine the full extent of the resource. ConocoPhillips holds a 35% working interest in Coronado. Other co-owners are Chevron (CVX), 40% working interest and operator; Anadarko Petroleum (APC), 15%; and Venari Offshore, 10%.
News For COP;CVX;APC From The Last 14 Days
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September 19, 2014
12:24 EDTCVXChevron looks to sell Hawaiian oil refinery, Bloomberg says
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September 18, 2014
07:38 EDTAPCUBS to hold a conference
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September 17, 2014
05:38 EDTCOPWestern Refining to acquire Wingate Plant, assets from ConocoPhillips
Western Refining (WNR) announced that it has entered into an agreement for the acquisition of the 25,000 bpd idled Wingate Fractionation Plant in Gallup, New Mexico from ConocoPhillips (COP). The Wingate facility includes rail loading and offloading capabilities and storage facilities in addition to natural gas liquids fractionation capability. The transaction is expected to close in early October. Terms of the transaction were not disclosed. Jeff Stevens, Western's president and CEO said, "The strategic location of the Wingate facility is a great addition to the logistical assets of Western. It is conveniently located near our Gallup Refinery. This transaction will afford Western greater flexibility in the Four Corners region as it will provide approximately 125,000 barrels of pipeline-connected seasonal NGL storage for our Gallup Refinery; crude oil loading and transportation capabilities, both east and west, through the rail loading terminal; and pipeline connectivity to Western Refining Logistics (WNRL) assets."
September 16, 2014
13:40 EDTCVXChevron alternative fuel research unsuccessful, Bloomberg says
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10:47 EDTCVX, COPBadri sees OPEC lowering oil output target at next meeting, Reuters says
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07:42 EDTAPCDeutsche Bank to hold a conference
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September 15, 2014
20:02 EDTCOP, CVXConocoPhillips auctioning 24% stake in the Clair oilfield, FT reports
ConocoPhillips (COP) has hired banks to sell its 24% stake in UK's largest oilfield, The Financial Times reports, citing people familiar with the matter. The 24% stake could be valued between $2B-$3B, the people added. The Clair oilfield sits in Scottish territorial waters, and Conoco's interest in exiting the project is a sign of the challenges facing the North Sea oil industry, The Financial Times added. BP (BP) operates the Clair oilfield and owns a 28.6% stake, Royal Dutch Shell (RDS.A) controls a 28.6% stake, and Chevron (CVX) controls a 19% stake. Reference Link
07:02 EDTCVXMcDermott completes contract scope for Jack, St. Malo project
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06:29 EDTCVXChevron pipeline shut down following accident that killed one, WSJ reports
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September 12, 2014
11:49 EDTCVXChevron CEO looks for partner before Kitimat project decision, Bloomberg says
Chevron CEO John Watson said that the firm needs to locate a partner, finalize natural gas contracts and examine engineering expenses prior to making a choice regarding its Canadian liquefied natural gas project in Kitimat, according to Bloomberg, citing comments from Watson. Reference Link
September 10, 2014
08:22 EDTCVX, COPBofA/Merrill oil and gas analysts hold an analyst/industry conference call
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September 9, 2014
10:10 EDTCVXOn the Fly: Analyst Downgrade Summary
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10:10 EDTCOPOn the Fly: Analyst Upgrade Summary
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07:40 EDTCVXChevron downgraded to Underperform from Neutral at BofA/Merrill
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07:40 EDTCOPConocoPhillips upgraded to Neutral from Underperform at BofA/Merrill
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