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News Breaks | | | | March 5, 2013 | | 07:49 EDT |  | XOM, CVX, IOC | Companies bid to partner with InterOil on Elk/Antelope project, EMTV.com reports
U.S. companies have sent in their bids to partner with InterOil (IOC) to develop the Elk/Antelope project, EMTV.com reports. Advisors for InterOil are currently evaluating the bids. Reference Link | |
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News For IOC;XOM;CVX From The Last 14 Days Check below for free stories on IOC;XOM;CVX the last two weeks. |
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| May 17, 2013 | | 10:06 EDT | | IOC | Pertamina rumored to bid on InterOil New Guinea assets, PNG reports
 Subscribe for More Information | | | May 16, 2013 | | 08:01 EDT |  | XOM | FMC Technologies receives subsea equpiment order from ExxonMobil
Subscribe for More Information | | | 06:03 EDT | | CVX | YPF, Chevron agree to terms of Argentina shale investment, Reuters reports
Subscribe for More Information | | | May 15, 2013 | | 18:31 EDT | | CVX | Ecopetrol submits highest bids for three exploratory blocks in Brazil
Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins. | | | 17:36 EDT | | IOC | Paulson gives quarterly update on stakes
Subscribe for More Information | | | 08:38 EDT | | XOM, CVX | WTI crude falls for a fith consecutive day, Bloomberg reports
Subscribe for More Information | | | 07:20 EDT | | XOM, IOC | InterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports
InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link | | | May 14, 2013 | | 16:23 EDT |  | IOC | On The Fly: Closing Wrap
Stocks on Wall Street were higher on a Tuesday again, keeping the strange "Tuesday in 2013" streak alive. Some positive domestic economic data and bullish commentary from Appaloosa Management's David Tepper set the tone early and the averages traded with an upward bias for almost the entire trading day. Today's advance means that every Tuesday this year has seen the market log gains, and investors will have to wait another week to see if the pattern continues. ECONOMIC EVENTS: The NFIB small business optimism index for April rose to 92.1, versus expectations for it to climb to 90.3 from its prior 89.5 reading. Import prices were reported to have declined 0.5% in April, which was in-line with expectations. Export prices declined 0.7%, versus a forecast for a 0.1% drop in the month. COMPANY NEWS: Dell (DELL) shares lost 6c, or 0.44%, to $13.46 after Dow Jones said the company will report first quarter non-GAAP earnings of 20c per share, 15c below current consensus estimates. That followed an earlier report from CNBC's David Faber, who also said the company will report earnings that miss expectations and accurately called that Dell has moved its report to Thursday, which is earlier than had been expected... Sony (SNE) shares added $1.87, or 9.9%, but closed off their best levels at $20.76 after the New York Times reported that Dan Loeb of Third Point has built a 6.5% stake and proposes that the company take its entertainment unit public. MAJOR MOVERS: Among notable gainers was InterOil (IOC), up $7.46, or 9.57%, to $85.39 after reporting its earnings and saying its talks with "major oil companies and a national oil company" about a potential LNG partnership are in the final stages. Also higher was SodaStream (SODA), up $6.79, or 11.85%, to $64.08 after at least two analyst firms raised their price target on shares following yesterday's analyst day presentations. Among noteworthy losers was Solar City (SCTY), down $4.44, or 12.37%, to $31.44 after the company's first quarter earnings missed expectations and the stock was downgraded by at least two firms. Also lower was Velti (VELT), down 29c, or 14.5%, to $1.71 after its revenue outlook fell below estimates. INDICES: The Dow was up 123.57, or 0.82%, to 15,215.25; the Nasdaq was up 23.82, or 0.69%, to 3,462.61; and the S&P 500 was up 16.57, or 1.01%, to 1,650.34. | | | 16:00 EDT |  | CVX | Options Update; May 14, 2013
Subscribe for More Information | | | 12:32 EDT | | IOC | On The Fly: Midday Wrap
Subscribe for More Information | | | | 12:00 EDT |  | IOC | InterOil rises 11.1%
InterOil is up 11.1%, or $8.62, to $86.55 | | | 11:36 EDT | | IOC | InterOil Corp volatility decreases on sharp rally after Q1 and outlook
Subscribe for More Information | | | 10:00 EDT | | IOC | InterOil rises 8.5%
Subscribe for More Information | | | 08:17 EDT | | IOC | InterOil says in 'final talks with multiple parties' about LNG partnership
InterOil stated in conjunction with its Q1 earnings press release last night, "Our investment banking advisors and the Company are in final discussions with multiple parties, including major oil companies and a national oil company, each of whom we believe, if chosen, would satisfy the PNG government's objectives." Note that InterOil said on March 1 that its advisors informed the company that several bids to partner with InterOil in its Gulf LNG project had been received as of that time. | | | 07:10 EDT | | CVX, XOM | IEA says North American oil will dominate world supply growth, WSJ reports
Subscribe for More Information | | | May 13, 2013 | | 16:37 EDT |  | IOC | InterOil reports Q1 EPS 8c, may not compare to consensus (12c)
Subscribe for More Information | | | 15:27 EDT | | IOC | Notable companies reporting after market close
Subscribe for More Information | | | May 9, 2013 | | 15:16 EDT | | XOM | Exxon Mobil to build $10B LNG facility in Texas, Bloomberg reports
Subscribe for More Information | | | 14:21 EDT | | CVX | Chevron entitled to damages after U.S. violated pacts, Bloomberg reports
The U.S. Court of Claims ruled that Chevron is entitled to unspecified damages after the Department of Energy violated agreements governing determination of equity interests in oil and gas deposits in California, reported Bloomberg, citing a ruling made public yesterday. Reference Link | | | 11:33 EDT |  | XOM | Exxon Mobil to host conference call
Vice President Rosenthal will host a conference call regarding the company's executive compensation on May 10 at 2 pm. Webcast Link | | |
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