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Stock Market & Financial Investment News

News Breaks
February 6, 2013
09:11 EDTCVX, E, TOTChevron to develop $5.6B Mafumeira Sul Project in offshore Angola
Chevron (CVX)'s Cabinda Gulf Oil Company subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. The $5.6B Mafumeira Sul project is the second stage of development of the Mafumeira Field located in Block 0. Mafumeira Sul is expected to reach first oil in 2015 and build toward peak total daily production of 110,000 barrels of crude oil and 10,000 barrels of liquefied petroleum gas. Chevronís subsidiary is the operator and holds a 39.2% interest in Mafumeira Sul. Chevronís partners are Sonangol E.P. (41%), Total (TOT) (10%) and ENI (E) (9.8%).
News For CVX;TOT;E From The Last 14 Days
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March 26, 2015
09:17 EDTCVXChevron volatility flat, WTI trades above $51
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06:36 EDTTOT, CVXOil surges after Saudis attack Yemen rebels, Reuters reports
The price of West Texas Intermediate oil was up about 4% after Saudi Arabia and other countries bombed Iranian-backed rebel forces in Yemen, according to Reuters. OVerseas stocks fell signficantly following the attacks, the news service noted. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
March 23, 2015
06:39 EDTTOTTotal CEO seeking $10B-$15B in financing for Russian expansion, WSJ says
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March 22, 2015
17:59 EDTTOT, CVXOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
07:19 EDTTOT, CVXWhite House expected to unveil fracking rules today, WSJ says
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06:37 EDTCVX, TOTOil 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 EDTCVX, TOTKuwaiti minister says OPEC can't cut oil production, Bloomberg reports
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March 18, 2015
09:56 EDTCVXRumor: BP strength attributed to takeover speculation
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March 16, 2015
11:11 EDTCVX, TOTOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters 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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05:56 EDTTOTTotal looking to sell 20% stake in North Sea gasfield, Financial Times reports
Total is auctioning a stake in a North Sea gasfield, reports the Financial Times. The company is looking to sell a 20% stake in Laggan-Tormore, a deepwater project considered to be a prime asset in the energy group's portfolio. Total would continue to operate the field, with peak production expanded to be 500m cubic feet a day. Reference Link
March 13, 2015
06:32 EDTTOT, CVXIEA says oil price pressure likely to resume, Reuters reports
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06:29 EDTTOT, CVXOil companies reach tentative agreement with union, WSJ says
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