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Stock Market & Financial Investment News

News Breaks
December 24, 2012
09:02 EDTECA, CVX, APA, EOGChevron unit acquires operating interest in Western Canada LNG project
Chevron (CVX) announced that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50% operating interest in the Kitimat liquefied natural gas project and proposed Pacific Trail Pipeline, and a 50% interest in approximately 644,000 acres of petroleum and natural gas rights in the Horn River and Liard Basins in British Columbia, Canada. Under the terms of the agreements, Chevron Canada Limited will acquire all of the interests currently owned by affiliates of EOG Resources Canada (EOG) and Encana Corporation (ECA) in the proposed Kitimat LNG Project and PTP. Thereafter, Chevron Canada Limited will equalize interests with an Apache Corporation (APA) subsidiary, resulting in Chevron Canada Limited and Apache each holding a 50% interest in both the Kitimat LNG Project and PTP. Operatorship of both facilities will transfer to Chevron Canada Limited. The proposed two-train Kitimat LNG Project, currently progressing through the Front-End Engineering and Design phase, has a Canadian National Energy Board license to export 10 million tons per annum of LNG. Additionally, Chevron Canada Limited will acquire approximately 110,000 net acres in the established Horn River Basin from Encana, EOG and Apache, and approximately 212,000 net acres in the Liard Basin from Apache.
News For CVX;EOG;APA;ECA From The Last 14 Days
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March 22, 2015
17:59 EDTCVXOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
08:49 EDTEOGEOG Resources has a conference call hosted by JPMorgan
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07:19 EDTCVXWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTCVXOil prices fall again, Reuters reports
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March 19, 2015
09:37 EDTCVXActive equity options trading on open
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07:19 EDTCVXKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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March 18, 2015
13:13 EDTEOGAnalyst recommends buying top E&P names before crude finds its bottom
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10:00 EDTECAOn The Fly: Analyst Upgrade Summary
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09:56 EDTCVXRumor: BP strength attributed to takeover speculation
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07:21 EDTEOGE&P stocks should be bought on weakness, says Stifel
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07:04 EDTECAEncana upgraded to Buy from Hold at Desjardins
March 16, 2015
15:06 EDTEOGEOG Resources calls active
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11:11 EDTCVXOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
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09:36 EDTEOGEOG Resources could be a target for Statoil, Houston Business Journal says
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09:26 EDTCVXAtwood Oceanics Atwood Osprey to be out of service for 30 days due to cyclone
Atwood Oceanics (ATW) announced that its semisubmersible drilling unit, the Atwood Osprey, parted several mooring lines and drifted approximately three nautical miles from its original position during Cyclone Olwyn, which impacted the northwest coast of Australia on March 12. The rig is currently stable with a support vessel in position, and preliminary results indicate minimal damage with an estimated maximum of 30 days out of service time for repairs. No rig personnel were injured in the event. The Atwood Osprey is contracted to Chevron Australia (CVX) and was on location at the Iago 1B well. The well had been shut down and secured in accordance with Chevron's cyclone demobilization procedures and the rig had ballasted down and evacuated all its rig personnel in advance of the cyclone. Atwood Oceanics is coordinating its efforts with Chevron, the Australian offshore regulator and other affected parties.
08:06 EDTCVXCB&I awarded technology and FEED contracts for coker unit
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March 13, 2015
17:33 EDTAPAS&P announces changes to S&P 100 Index
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06:32 EDTCVXIEA says oil price pressure likely to resume, Reuters reports
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06:29 EDTCVXOil companies reach tentative agreement with union, WSJ says
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March 12, 2015
13:14 EDTCVXShell, BP, Total oil trading divisions may yield profit boost, Bloomberg says
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