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Stock Market & Financial Investment News

News Breaks
September 11, 2012
07:10 EDTXOM, CVX, BP, RDS.AOil trades near three week high in New York, Bloomberg reports
Oil traded near the highest close in nearly three weeks in New York amid speculation the U.S. will add to measures to revive its economy, countering concern that Europe’s bailout plan will falter. The Fed begins a two-day meeting tomorrow where it may announce stimulus measures, reports Bloomberg. Reference Link
News For A;BP;XOM From The Last 14 Days
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May 23, 2013
07:47 EDTBPRestrictions may force BP to surrender KG basin block, Economic Times reports
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06:17 EDTXOMPapua New Guinea’s Oil Search a takeover target, Bloomberg reports
Papua New Guinea’s Oil Search (OISHY) has the fastest revenue growth in the oil industry and now may be attracting a number of suitors, from Exxon Mobil (XOM) to Total (TOT) to Woodside Petroleum (WOPEY), reports Bloomberg. Reference Link
May 22, 2013
09:43 EDTBPBP plans to increase production, investment in Iraq, DJ reports
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07:49 EDTBPBP fights "unjustified" Gulf oil spill payments, FT reports
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May 20, 2013
12:20 EDTAOptions with decreasing implied volatility: RFMD TTWO LO DDS A
08:08 EDTXOM, BPEU 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 EDTBP, XOMU.S. oil futures rally as many commodities decline, WSJ reports
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May 17, 2013
16:21 EDTBPOn The Fly: Closing Wrap
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13:09 EDTBPTesoro receives FTC clearance for purchase of BP refining, marketing business
Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities.
11:59 EDTAOptions with decreasing implied volatility: ILMN LO A HES INFY CSCO
May 16, 2013
14:46 EDTBPTesoro may take over BP California assets as soon as June 1, Reuters says
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14:32 EDTBPTesoro may take ownership of BP Carson refinery, other assets as soon as June 1
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11:33 EDTAOptions with decreasing implied volatility: PANL CSC FTK A NVDA
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08:01 EDTXOMFMC Technologies receives subsea equpiment order from ExxonMobil
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07:11 EDTBPBP wants PM Cameron to discuss Gulf compensation with U.S., Reuters reports
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06:08 EDTBPOn the Fly: Periodicals Wrap-Up
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May 15, 2013
11:42 EDTAHigh option volume stocks: WWAV VIPS SIAL AINV A
08:38 EDTXOM, BPWTI crude falls for a fith consecutive day, Bloomberg reports
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07:20 EDTXOMInterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports
InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link
05:55 EDTBPEU inspects firms in oil investigation, WSJ reports
EU antitrust authorities carried out unannounced inspections of energy giants BP (BP), Royal Dutch Shell (RDS.A) and Statoil (STO), escalating an investigation of alleged oil-price manipulation amid scrutiny of how prices are set in global financial markets, reports the Wall Street Journal. EU officials are investigating whether the three companies manipulated prices in the $2.5T physical-oil market by giving false data to an oil index publisher, the Platts unit of McGraw Hill Financial (MHFI). Platts's offices were also inspected.Reference Link
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