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Stock Market & Financial Investment News

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December 10, 2012
06:09 EDTGBX, STOGreenbrier partners with Statoil on fleet management solution
Greenbrier (GBX) has been selected by Statoil Marketing and Trading (STO) to deliver comprehensive railcar management and maintenance solutions for Statoil's fleet of more than 1,000 tank cars. The cars will ship crude oil by rail out of the Bakken formation, underlying parts of Montana, North Dakota, and Saskatchewan. Greenbrier's proprietary Enspire fleet management software platform and industry-leading maintenance and repair capability will maximize Statoil's productivity and increase velocity across its fleet. Leveraging its integrated business model, Greenbrier will design and implement the fleet maintenance program, including cost underwriting, while select Greenbrier Rail Service facilities will provide preferred turn times and on-demand solutions for empty cars, wheels, and component parts.
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May 15, 2013
05:55 EDTSTOEU inspects firms in oil investigation, WSJ reports
EU antitrust authorities carried out unannounced inspections of energy giants BP (BP), Royal Dutch Shell (RDS.A) and Statoil (STO), escalating an investigation of alleged oil-price manipulation amid scrutiny of how prices are set in global financial markets, reports the Wall Street Journal. EU officials are investigating whether the three companies manipulated prices in the $2.5T physical-oil market by giving false data to an oil index publisher, the Platts unit of McGraw Hill Financial (MHFI). Platts's offices were also inspected.Reference Link
May 14, 2013
06:13 EDTSTONoble awarded a four-year, $655M drilling contract by Statoil
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May 8, 2013
14:25 EDTGBXGreenbrier sees 'oil by rail' momentum continuing into 2015
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May 7, 2013
18:33 EDTSTOStatoil sanctions Julia field development in Gulf of Mexico
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05:34 EDTSTOStatoil downgraded to Neutral from Outperform at Exane BNP Paribas
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May 6, 2013
07:30 EDTSTOOTC to host a conference
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