Stock Market & Financial Investment News

News Breaks September 26, 2012 09:03 EDT CVX, NBL Chevron awarded deepwater interest offshore Sierra Leone Chevron Corporation (CVX) announced its subsidiary Chevron (SL) Ltd. has been awarded participation in two deepwater blocks located offshore Sierra Leone. The two blocks, SL-08A and SL-08B, have been combined into one concession and are located between 75 and 110 miles southwest of the capital of Freetown and cover a combined area of about 2,100 square miles. The new blocks have average water depths ranging approximately 4,900 to 9,800 feet. Under the award, Chevron (SL) Ltd. will be operator with a 55 percent interest, along with Noble Energy (NBL, 30%) and Odye (SL) Ltd. (15%). This is before a Sierra Leone National Oil Company optional back-in of 15% at final investment decision. News For CVX;NBL From The Last 14 Days Check below for free stories on CVX;NBL the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 20, 2013 08:08 EDT CVX EU to review fracking concerns, Reuters reports Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link 05:40 EDT CVX U.S. oil futures rally as many commodities decline, WSJ reports Subscribe for More Information May 16, 2013 13:19 EDT NBL Noble Energy says signs of gas seen in Israeli field, Globes reports Subscribe for More Information 06:03 EDT CVX YPF, Chevron agree to terms of Argentina shale investment, Reuters reports Subscribe for More Information May 15, 2013 18:31 EDT CVX Ecopetrol submits highest bids for three exploratory blocks in Brazil Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins. 10:13 EDT NBL On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel. 08:38 EDT CVX WTI crude falls for a fith consecutive day, Bloomberg reports Subscribe for More Information 07:31 EDT NBL Noble Energy upgraded to Buy from Hold at Stifel Subscribe for More Information May 14, 2013 16:00 EDT CVX Options Update; May 14, 2013 Subscribe for More Information 07:10 EDT CVX IEA says North American oil will dominate world supply growth, WSJ reports Subscribe for More Information May 9, 2013 14:21 EDT CVX Chevron entitled to damages after U.S. violated pacts, Bloomberg reports The U.S. Court of Claims ruled that Chevron is entitled to unspecified damages after the Department of Energy violated agreements governing determination of equity interests in oil and gas deposits in California, reported Bloomberg, citing a ruling made public yesterday. Reference Link 11:26 EDT CVX Chevron wins suit alleging Energy Department broke terms of deal, Bloomberg says Court rules Chevron entitled to unspecified damages, according to Bloomberg. May 8, 2013 11:41 EDT NBL High option volume stocks: MHR FIO DSS NBL WBMD Subscribe for More Information May 7, 2013 18:33 EDT CVX Statoil sanctions Julia field development in Gulf of Mexico Subscribe for More Information 13:26 EDT NBL Noble Energy in retention, confidentiality agreements with two senior VPs Noble Energy disclosed in a regulatory filing that on May 1 the company entered into retention and confidentiality agreements with Ted Brown and Rodney Cook, each a senior VP and advisor to the CEO of the company. The agreements provide for the executive's employment with the company to continue until June 30, 2014 and in return the executive will receive continued vesting of unvested stock options and shares of restricted stock previously awarded to that executive. The original agreements that govern these equity awards provided that all unvested stock options and unvested shares of restricted stock would be forfeited by the executive upon termination of his employment. 10:00 EDT NBL On The Fly: Analyst Initiation Summary Subscribe for More Information 09:27 EDT CVX Seadrill Partners acquires the tender rig T15 for $210M Subscribe for More Information 08:11 EDT NBL Noble Energy initiated with a Strong Buy at ISI Group Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.