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Stock Market & Financial Investment News

News Breaks
December 5, 2012
13:02 EDTGTY, BPGetty Realty announces long-term triple-net lease agreements with BP
Getty Realty (GTY) announced it had agreed to long-term triple-net leases on 28 properties in New York and New Jersey with a subsidiary of BP (BP), BP Products North America. Under the terms of the agreements, the aggregate annual triple-net GAAP revenue will be up to approximately $3M. The leases with BP have initial 15 year terms with provisions for rent escalations and options for multiple renewal terms.
News For GTY;BP From The Last 14 Days
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October 16, 2014
13:54 EDTBPGulf states to oppose OPEC oil production ceiling cut, WSJ says
Despite the recent turmoil in the oil market, Gulf nations including Saudi Arabia, Kuwait and the United Arab Emirates are seen as opposing OPEC oil-production ceiling cuts at next month's meeting, says the Wall Street Journal. 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
October 15, 2014
07:44 EDTBPExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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October 13, 2014
06:36 EDTBPSaudi Arabia content to let oil prices stay low, Reuters reports
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October 12, 2014
13:53 EDTBPKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTBPSaudis take aggressive oil measures in Europe, WSJ says
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October 10, 2014
09:05 EDTBPBP begins $1.1B North Sea project, Bloomberg says
BP CEO Bob Dudley said that the company is poised to begin a project worth close to $1.1B in the North Sea this month, which is anticipated to supply oil and gas into the next ten years, according to Bloomberg, citing comments from Dudley. Reference Link
October 7, 2014
07:27 EDTBPEU repreive on oil sands label a victory for Canada, WSJ says
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October 6, 2014
17:31 EDTBPForest Oil agrees to purchase Texas gas properties for $20M
Forest Oil Corporation (FST) said in a regulatory filing that it had agreed to purchase certain oil and gas properties located in the state of Texas together with various other related interests, rights, wells, leasehold interests, records, equipment, and other assets from BP America Production Company, a subsidiary of BP (BP), and Brammer Engineering pursuant to a closing letter agreement dated September 18 from BP, and accepted by Forest and Brammer on the closing date and a deed and assignment and bill of sale dated as of the closing date by and among Forest and the sellers. The assets exclude, among other things, certain rights, claims, credits, fee mineral interests, proprietary data, and records. The total consideration to be paid by Forest for the assets is $20M in cash, subject to customary adjustments to reflect the operation of the oil and gas assets prior to the closing, title defects, and unresolved consents to assignment and environmental defects. There are no relationships between Forest or any of Forestís officers, directors, or affiliates, on the one hand, and sellers, on the other hand.

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