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Stock Market & Financial Investment News

News Breaks
February 28, 2014
06:46 EDTE, STOEni reaches preliminary deal with Statoil over gas prices, NY Times reports
Italian oil company Eni (E) said yesterday that it had reached an agreement in principle with Norway's Statoil (STO) to reduce the prices that Eni pays for natural gas, according to The New York Times. Under the deal, Eni would pay market prices for gas, rather than prices linked to oil, the newspaper explained. Reference Link
News For E;STO From The Last 14 Days
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October 29, 2014
05:25 EDTSTOStatoil reports Q3 adjusted earnings NOK 30.9B vs. NOK 40.4B last year
Statoil's Q3 net operating income was NOK 17B, a decrease from NOK 39.3B in 3Q13. Net income was (NOK 4.8B) mainly due to impairments. Adjusted earnings were NOK 30.9B, a decrease from NOK 40.4B in 3Q13. Eldar Sætre, Statoil's acting president and CEO, stated, "Statoil's quarterly earnings were negatively impacted by lower oil and gas prices and our decision to defer gas sales to enhance value. Our negative net income in accordance with IFRS relates to quarter-specific items. We delivered strong operational performance and cash generation in the quarter." The serious incident frequency was 0.8 in Q3, unchanged from the 3Q13.
05:03 EDTSTOChevron sanctions Stampede project in deepwater U.S. Gulf of Mexico
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October 28, 2014
08:11 EDTSTOGlori Energy extends technology partnership with Statoil
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October 24, 2014
06:22 EDTSTOStatoil secures new Australian exploration permit
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October 23, 2014
11:43 EDTEEni SpA upgraded to Buy from Hold at Societe Generale
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09:15 EDTSTOKBR awarded Statoil global MSA
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October 16, 2014
07:23 EDTSTOHart Energy to hold a conference
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