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Stock Market & Financial Investment News

News Breaks
January 22, 2013
16:16 EDTBP, KBRKBR awarded $3.5M turnaround management contract for BP plant in Decatur, AL
KBR (KBR) announced that it has been selected to provide the BP (BP) Decatur site with specialty turnaround management and turnaround mechanical execution services for one of the six on-site production units at the Western Hemisphere aromatics petrochemical site in Decatur, AL. This plant utilizes paraxylene to manufacture plastic bottles, polyester material and new generation polyesters and resins. The contract award is valued at $3.5M and underscores KBR's ability to mobilize skilled resources and execute highly complex, time-sensitive projects.
News For KBR;BP From The Last 14 Days
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September 1, 2015
07:40 EDTBPTotal upgraded to Buy from Hold at Deutsche Bank
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August 31, 2015
13:26 EDTBPBP volatility elevated as WTI oil rally's 4% to $47
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August 28, 2015
14:02 EDTBPBP volatility elevated as WTI oil rally's 7.2% to $45.75
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August 27, 2015
12:50 EDTBPPeltz rumored to be building stake in Diageo, Harrington says
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09:11 EDTBPBP volatility elevated as shares trade at five-year low
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August 24, 2015
14:25 EDTBPBP refrains from trip to Iran amid U.S. sanction concerns, FT says
BP has chosen not to join U.K. foreign secretary Philip Hammond's trip to reopen the country's Iranian embassy due to concerns over U.S. sanctions that are still in effect, the Financial Times reports, citing people close to the company. "Sanctions are still in place and we will not do anything while that is the case. We are monitoring the situation and will take a look at the opportunities," said the company, according to the publication. Reference Link
09:23 EDTBPGevo, Butamax enter global patent cross-license, settlement agreements
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August 23, 2015
17:49 EDTBPIran to increase oil production as BP, Shell express interest, Bloomberg says
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August 20, 2015
06:10 EDTBPAuction for drilling leases attracts little interest, NY Times reports
A federal auction for drilling leases in the Gulf of Mexico Wednesday attracted only $22.7M in sales from five companies, the lowest since 1986, reports the New York Times. Most companies have insisted they would not sacrifice production in future years, but executives have recently expressed concern that the oil price collapse could last through 2016 and possibly even 2017. 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

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