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Stock Market & Financial Investment News

News Breaks
February 28, 2013
13:12 EDTCVX, GRAAdvanced Refining Technologies announces sales agreement with CLG
Advanced Refining Technologies, a joint venture between W.R. Grace (GRA) and Chevron (CVX) announced that it has signed an agreement with Chevron Lummus Global, a joint venture between a subsidiary of Chevron and CB&I's Lummus Technology, regarding hydrocracking and lubes hydroprocessing catalysts. Under this agreement, ART will have the exclusive right to sell CLG's hydrocracking and lubes hydroprocessing catalysts to CLG's licensees and other petroleum refiners for unit refills. The agreement will streamline hydroprocessing catalyst supply and improve technical service for refining customers by establishing ART as the single point of contact for all their hydroprocessing catalyst needs.
News For GRA;CVX From The Last 14 Days
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November 23, 2014
19:12 EDTCVXIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
November 20, 2014
07:10 EDTGRAW.R. Grace buys out Turkey construction products JV partner
W. R. Grace & Co. has entered into definitive agreements to acquire the remaining 50% equity interest in the joint venture it formed in 1996 with STFA Yatırım Holding A.S., one of Turkey’s most established and reputable conglomerates providing services in construction, natural gas distribution, construction equipment, and construction chemicals. With the agreement, STFA will sell its 50% stake in Grace Yapı Kimyasalları to Construction Products Dubai, a Grace subsidiary. The business, located in Istanbul, Turkey, provides cement additives, concrete admixtures, and building envelope products in Turkey and the surrounding region. The transaction is pending Turkish regulatory approval and is expected to close by the end of the year. Terms were not disclosed.
November 18, 2014
18:26 EDTCVXKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
08:47 EDTCVXWilliams says Gulfstar One placed into service
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08:43 EDTCVXChevron confirms first oil production from Tubular Bells in Gulf of Mexico
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08:36 EDTCVXHess Corp. announces first production from Tubular Bells Field
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November 13, 2014
08:13 EDTCVXChevron abandons geothermal project in Sumatra, Jakarta Post says
A Chevron unit has handed over its working area in Lampung, Sumatra, to the local government, with a government official stating that company said its early survey failed to find steam at an economical level to continue its geothermal project, according to the Jakarta Post. Reference Link
November 12, 2014
12:10 EDTGRAW.R. Grace initiated with a Buy at Tigress Financial
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November 11, 2014
07:47 EDTCVXJacobs Engineering receives contract from Chevron in South Africa
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November 10, 2014
15:43 EDTCVXAmerican Petroleum Institute to hold a conference
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07:18 EDTCVXChevron hasn't finished shale gas assessment in Romania, Reuters reports
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