New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 29, 2014
08:22 EDTTOT, IOCInterOil 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
Sign up for a free trial to see the rest of the stories you've been missing.
August 3, 2015
09:44 EDTIOCInterOil upgraded to Buy from Neutral at Goldman
Goldman upgraded InterOil to Buy based on Antelope-5 resource upside, attractive certification payments from Total SA, and valuation.
July 31, 2015
05:32 EDTTOT, IOCTotal to assume operatorship of PRL 15 in Gulf Province of Papua New Guinea
Subscribe for More Information
July 29, 2015
13:04 EDTTOTSaudi Arabia to lower oil production after summer, WSJ reports
Subscribe for More Information
06:47 EDTTOTTotal expects start-ups of Surmont Phase 2, GLNG, Laggan-Tormore to be in 2H15
Subscribe for More Information
06:46 EDTTOTTotal expects to exceed 2015 objective to cut operating costs by $1.2B in 2015
Subscribe for More Information
06:46 EDTTOTTotal reports Q2 adjusted EPS $1.34, consensus $1.15
Subscribe for More Information
July 24, 2015
13:48 EDTTOTTotal looks to sell 50% of Texas refinery
Subscribe for More Information
July 22, 2015
16:24 EDTIOCPoint72 Asset Management reports 6.3% passive stake in InterOil
Subscribe for More Information
06:39 EDTTOTEuro, U.S. oil and gas groups to find tough competition in Iran, WSJ says
European and U.S. oil and gas firms drawn to Iran as sanctions lessen can expect not only opportunities, but also Iranian companies offering tough competition or joint ventures, the Wall Street Journal reports. Though no Iran-based companies have the clout of firms such as Exxon Mobil (XOM) or Schlumberger (SLB), companies that can take on engineering tasks are emerging and growing in Iran, the report says. If the Iran nuclear agreement comes into effect and sanctions are lifted against Iran sometime soon, those Iranian companies will be well positioned to compete for tens of billions of dollars worth of service contracts, the report adds. Other publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
July 21, 2015
08:49 EDTIOCInterOil 4.8M share Block Trade priced at $42.00
Morgan Stanley acted as sole book running manager for the offering. Go to The Fly's Syndicate section to see all deal analysis.
05:34 EDTTOTTotal starts production from Dalia Phase 1A on deep offshore Block 17
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use