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Stock Market & Financial Investment News

News Breaks
February 28, 2014
06:46 EDTSTO, EEni 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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January 29, 2015
06:58 EDTSTOGE partners with Statoil on anti-pollution research, FT says
General Electric (GE) and Norway's Statoil (STO) are launching an R&D partnership centered on reducing greenhouse gas emissions, reports the Financial Times, citing statements by Statoil CEO Eldar Sætre and GE Oil & Gas CTO Eric Gebhardt. The companies are also looking at ways of reducing costs and natural resource expenditure within the industry, believing regulations will be tightened in the future. Projects include using oilfield gas to power drill rigs rather than flaring it off, using liquid carbon dioxide instead of water during fracking operations, and crowd-sourcing ideas for using less sand during fracking. Reference Link
January 27, 2015
10:00 EDTSTOOn the Fly: Analyst Downgrade Summary
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06:35 EDTSTOStatoil downgraded to Underperform from Neutral at Credit Suisse
January 23, 2015
07:08 EDTSTONorwegian Statoil seeks to cut costs as oil prices drop, WSJ says
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January 21, 2015
08:39 EDTEEni CEO sees potential to do well with oil at $65-$70 per barrel, Bloomberg says
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January 16, 2015
10:01 EDTSTO, EOn The Fly: Analyst Downgrade Summary
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08:29 EDTSTOStatoil downgraded to Underweight from Neutral at JPMorgan
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07:38 EDTEEni SpA downgraded to Hold from Buy at Canaccord
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