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Stock Market & Financial Investment News

News For GEL;XOM From The Last 14 Days
Check below for free stories on GEL;XOM the last two weeks.
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May 23, 2013
06:17 EDTXOMPapua New Guinea’s Oil Search a takeover target, Bloomberg reports
Papua New Guinea’s Oil Search (OISHY) has the fastest revenue growth in the oil industry and now may be attracting a number of suitors, from Exxon Mobil (XOM) to Total (TOT) to Woodside Petroleum (WOPEY), reports Bloomberg. Reference Link
May 22, 2013
11:04 EDTGELGenesis Energy management to meet with UBS
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May 21, 2013
07:17 EDTGELGenesis Energy to expand rail terminal in Natchez, Mississippi
Genesis Energy announced it will expand its existing rail terminal in Natchez, Mississippi designed to handle straight and/or minimally diluted bitumen delivered by the Canadian National Railway and construct a new unit train loading facility in the heart of the Powder River Basin of the Niobrara Shale Play. At the Natchez terminal, Genesis is finalizing Phase I of the facility which includes 40 railcar spots to be completed in June. Due to significant demand for the flexible capacity at the facility, Genesis is moving forward with a Phase II expansion to provide an additional 60 railcar spots and additional heated tanks to be fully operational in late 2013. locations. The total cost to Genesis of the Natchez Phase II and Pronghorn Rail Facility projects is expected to be approximately $75M. Genesis intends to finance the projects with funds available under its committed revolving credit facility.
May 20, 2013
08:08 EDTXOMEU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link
05:40 EDTXOMU.S. oil futures rally as many commodities decline, WSJ reports
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May 16, 2013
08:01 EDTXOMFMC Technologies receives subsea equpiment order from ExxonMobil
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May 15, 2013
08:38 EDTXOMWTI crude falls for a fith consecutive day, Bloomberg reports
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07:20 EDTXOMInterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports
InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link
May 14, 2013
07:10 EDTXOMIEA says North American oil will dominate world supply growth, WSJ reports
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May 9, 2013
15:16 EDTXOMExxon Mobil to build $10B LNG facility in Texas, Bloomberg reports
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11:33 EDTXOMExxon Mobil to host conference call
Vice President Rosenthal will host a conference call regarding the company's executive compensation on May 10 at 2 pm. Webcast Link

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