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Stock Market & Financial Investment News

News Breaks
March 28, 2014
05:46 EDTIOC, TOTInterOil receives notification of a dispute under Joint Venture from Oil Search
InterOil (IOC) has received notification from Oil Search of a dispute under the Joint Venture Operating Agreement relating to Petroleum Retention License 15 in Papua New Guinea. InterOil will respond in accordance with the terms of that agreement. Any proceedings commenced by Oil Search seeking to set aside the transaction completed with Total S.A. (TOT) on March 26, in which Total acquired a 40.1% interest in PRL 15, will be strongly defended.
News For IOC;TOT From The Last 14 Days
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July 31, 2015
05:32 EDTTOT, IOCTotal to assume operatorship of PRL 15 in Gulf Province of Papua New Guinea
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July 29, 2015
13:04 EDTTOTSaudi Arabia to lower oil production after summer, WSJ reports
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06:47 EDTTOTTotal expects start-ups of Surmont Phase 2, GLNG, Laggan-Tormore to be in 2H15
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06:46 EDTTOTTotal expects to exceed 2015 objective to cut operating costs by $1.2B in 2015
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06:46 EDTTOTTotal reports Q2 adjusted EPS $1.34, consensus $1.15
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July 24, 2015
13:48 EDTTOTTotal looks to sell 50% of Texas refinery
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July 22, 2015
16:24 EDTIOCPoint72 Asset Management reports 6.3% passive stake in InterOil
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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
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