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Stock Market & Financial Investment News

News Breaks
May 25, 2014
15:31 EDTCVXChevron looks to elevate Permian shale into top five asset, Reuters says
Chevron is making its oil-rich Permian shale formation a top investment priority, says Reuters. The oil giant intends to turn its West Texas property into one of its top five assets by 2020, added Reuters. Reference Link
News For CVX From The Last 14 Days
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April 1, 2015
11:09 EDTCVXChevron management to meet with Jefferies
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March 30, 2015
17:43 EDTCVXMcDermott awarded Chevron subsea installation contract
McDermott International (MDR) announced that it has been awarded a sizeable contract to transport and install subsea umbilicals, manifolds, jumpers and flying leads for Chevron (CVX) to support the brownfield expansion of the Jack and St. Malo fields in the U.S. Gulf of Mexico. The value of the award is included in McDermott’s first quarter backlog. McDermott’s subsea construction vessel, North Ocean 102, is expected to transport and install 30 miles of umbilicals and associated flying leads. The final jumper assembly is scheduled to be completed at McDermott’s Gulfport Spoolbase in Mississippi prior to installation by McDermott’s Derrick Barge 50 utilizing its deepwater lowering system. The installation campaign is expected to commence in the second quarter.
March 29, 2015
17:53 EDTCVXChevron concludes sale of interest in Caltex Australia
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March 27, 2015
15:51 EDTCVXChevron CEO Watson: We still plan on investing in U.S. in 'a very big way'
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06:37 EDTCVXOil retreats after Goldman says attacks won't have much impact, Reuters reports
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05:17 EDTCVXChevron sells interest in Caltex Australia
Chevron's wholly owned subsidiary Chevron Global Energy announced that it has entered into an underwriting agreement for the sale of its 50% shareholding in Caltex Australia Limited, or CAL. It is expected that these shares will be sold to a broad range of Australian and global equity market institutional investors. The announcement does not alter Chevron’s focus on moving the Gorgon and Wheatstone liquefied natural gas, or LNG, projects towards start-up. Chevron is one of Australia’s largest foreign investors and is the largest holder of natural gas resources in the country.
March 26, 2015
09:17 EDTCVXChevron volatility flat, WTI trades above $51
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06:36 EDTCVXOil 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 22, 2015
17:59 EDTCVXOPEC will not take sole responsibility for supporting oil price, Reuters says
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March 20, 2015
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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