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Stock Market & Financial Investment News

News Breaks
January 29, 2014
08:22 EDTIOC, TOTInterOil scales up operations in Papua New Guinea
InterOil (IOC) is relocating core functions from its 100-person office in Cairns, Australia, to support expanding operations in Papua New Guinea. The Cairns office will close by the end of the year. The decision to increase capacity in PNG comes as InterOil is finalizing an agreement with Total (TOT) to develop a multi-billion dollar LNG project in PNG. Work continues on completing the Total agreement by the end of Q1 2014. InterOil has also begun a new round of drilling as part of its exploration activities across almost 4M acres in PNG. The company plans to drill up to eight wells in the next 12-15 months. The commencement of drilling operations will employ an additional 300 people.
News For IOC;TOT From The Last 14 Days
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October 20, 2014
19:55 EDTTOTTotal CEO Christophe de Margerie dies in plane crash, Bloomberg says
Total CEO Christophe de Margerie died in a plane crash in Moscow, according to Bloomberg, citing Interfax. Reference Link
18:52 EDTTOTTotal CEO Christophe de Margerie dies in plane crash, Bloomberg says
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October 16, 2014
14:32 EDTIOCInterOil mentioned positively by dealReporter
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13:54 EDTTOTGulf 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
08:21 EDTIOCInterOil appoints Chris Finlayson as Chairman of the Board
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08:09 EDTTOTFMC Technologies awarded subsea systems contract for Total's fields
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October 15, 2014
07:44 EDTTOTExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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October 14, 2014
13:11 EDTTOTTotal moving ahead with 60% expansion of Joslyn project, Financial Post says
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October 13, 2014
06:36 EDTTOTSaudi Arabia content to let oil prices stay low, Reuters reports
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October 12, 2014
13:53 EDTTOTKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTTOTSaudis take aggressive oil measures in Europe, WSJ says
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