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Stock Market & Financial Investment News

News Breaks
June 13, 2014
13:09 EDTCVXChevron sells interests in Chad and Cameroon for $1.3B
Chevron announced that its subsidiary, Chevron Global Energy, has sold its 25% non-operated interest in a producing oil concession in southern Chad and the related export pipeline interests to the Republic of Chad for approximately $1.3B. The sale closed June 13. The transaction includes the sale of the Chevron subsidiaryís interests in seven fields in Chadís Doba Basin, which in 2013 had an average net daily crude oil production of about 18,000 barrels. The sale also includes the Chevron subsidiaryís approximate 21% non-operated interest in a pipeline system that transports crude oil to the coast of Cameroon as well as associated marine facilities.
News For CVX From The Last 14 Days
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October 1, 2014
07:38 EDTCVXRailcar, oil groups push back over crude-train deadlines, WSJ says
The Association of American Railroads, which represents oil and freight haulers, and the American Petroleum Institute, the lobbying group for oil companies, told the U.S. Transportation Department that they need more than two years to build safer railcars to haul crude, pushing back against some proposed federal rules, reported The Wall Street Journal. Rail car makers include Trinity Industries (TRN), FreightCar America (RAIL), American Railcar Industries (ARII) and Greenbrier (GBX). Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
September 29, 2014
08:32 EDTCVXEnLink Midstream to acquire Gulf Coast natural gas pipeline systems for $235M
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07:43 EDTCVXYPF CEO seeks faster non-conventional development, WSJ reports
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September 23, 2014
10:02 EDTCVXOn The Fly: Analyst Initiation Summary
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06:04 EDTCVXChevron initiated with a Neutral at JPMorgan
Target $133.
September 19, 2014
12:24 EDTCVXChevron looks to sell Hawaiian oil refinery, Bloomberg says
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