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News For BP;CVX From The Last 14 Days Check below for free stories on BP;CVX the last two weeks. |
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| May 17, 2013 |
| 16:21 EDT |  | BP | On The Fly: Closing Wrap
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| 13:09 EDT |  | BP | Tesoro receives FTC clearance for purchase of BP refining, marketing business
Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities. |
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| May 16, 2013 |
| 14:46 EDT |  | BP | Tesoro may take over BP California assets as soon as June 1, Reuters says
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| 14:32 EDT | | BP | Tesoro may take ownership of BP Carson refinery, other assets as soon as June 1
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| 07:11 EDT | | BP | BP wants PM Cameron to discuss Gulf compensation with U.S., Reuters reports
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| 06:08 EDT | | BP | On the Fly: Periodicals Wrap-Up
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| 06:03 EDT | | CVX | YPF, Chevron agree to terms of Argentina shale investment, Reuters reports
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| 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. |
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| 08:38 EDT | | BP, CVX | WTI crude falls for a fith consecutive day, Bloomberg reports
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| 05:55 EDT | | BP | EU inspects firms in oil investigation, WSJ reports
EU antitrust authorities carried out unannounced inspections of energy giants BP (BP), Royal Dutch Shell (RDS.A) and Statoil (STO), escalating an investigation of alleged oil-price manipulation amid scrutiny of how prices are set in global financial markets, reports the Wall Street Journal. EU officials are investigating whether the three companies manipulated prices in the $2.5T physical-oil market by giving false data to an oil index publisher, the Platts unit of McGraw Hill Financial (MHFI). Platts's offices were also inspected.Reference Link |
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| May 14, 2013 |
| 16:00 EDT |  | CVX | Options Update; May 14, 2013
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| 11:08 EDT | | BP | BP says involved in EC probe, cooperating with investigation, Bloomberg reports
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| 07:10 EDT | | CVX, BP | IEA says North American oil will dominate world supply growth, WSJ reports
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| May 9, 2013 |
| 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 |
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| 11:26 EDT | | CVX | Chevron wins suit alleging Energy Department broke terms of deal, Bloomberg says
Court rules Chevron entitled to unspecified damages, according to Bloomberg. |
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| May 7, 2013 |
| 18:33 EDT | | CVX | Statoil sanctions Julia field development in Gulf of Mexico
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| 16:01 EDT | | BP | Options Update; May 7, 2013
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| 09:27 EDT | | CVX | Seadrill Partners acquires the tender rig T15 for $210M
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| May 6, 2013 |
| 09:27 EDT | | BP | BP announces asle of interest in Polvo field, Brazil for $135M
BP announced that it has agreed to sell its 60% interest in the Polvo oil field in Brazil to HRT Oil & Gas Ltda for $135M in cash. Subject to regulatory approvals, BP expects the deal to close in the second half of 2013. The Polvo field is located in the southern part of Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro, in water depths of around 100 metres. Commercial production started in 2007 and BP has operated the field since its acquisition from Devon. The other 40% stake in the field is owned by Maersk. |
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| 07:30 EDT |  | CVX, BP | OTC to host a conference
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