New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 13, 2014
07:05 EDTCVX, COPChevron to proceed with development of Alder Field in Central North Sea
Chevron Corporation (CVX) announced that its U.K. subsidiary, Chevron North Sea Limited, has reached a final investment decision and received approval from the U.K. government to proceed with the development of the Alder Field in the Central North Sea. The project has a planned design capacity of 110 million cubic feet of natural gas and 14,000 barrels of condensate per day. First production is expected in 2016. The field will be developed via a single subsea well tied back to the existing Britannia Platform, a distance of 17 miles. Chevron North Sea Limited operates the project and has a 73.684% interest, with co-venturer ConocoPhillips (COP), with a 26.316% interest.
News For CVX;COP From The Last 14 Days
Check below for free stories on CVX;COP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 19, 2014
12:24 EDTCVXChevron looks to sell Hawaiian oil refinery, Bloomberg says
Subscribe for More Information
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
Subscribe for More Information
10:47 EDTCVX, COPBadri sees OPEC lowering oil output target at next meeting, Reuters says
Subscribe for More Information
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
Subscribe for More Information
06:29 EDTCVXChevron pipeline shut down following accident that killed one, WSJ reports
Subscribe for More Information
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
Subscribe for More Information
September 9, 2014
10:10 EDTCVXOn the Fly: Analyst Downgrade Summary
Subscribe for More Information
10:10 EDTCOPOn the Fly: Analyst Upgrade Summary
Subscribe for More Information
07:40 EDTCVXChevron downgraded to Underperform from Neutral at BofA/Merrill
Subscribe for More Information
07:40 EDTCOPConocoPhillips upgraded to Neutral from Underperform at BofA/Merrill
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use