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Stock Market & Financial Investment News

News Breaks
March 4, 2014
14:00 EDTWOPEY, NBLIsraeli tax levy on Leviathan field could endanger Woodside deal, Globes says
Israel's Finance Ministry will recommend that the country's government levy a higher tax on gas exports than sought by Australian energy company Woodside (WOPEY), according to Globes. Woodside has tentatively agreed to buy a 25% stake in Israel's Leviathan gas field, but the company's CEO told an Australian newspaper that the deal could collapse, Globes stated. Israeli Prime Minister Benjamin Netanyahu could still intervene on the tax issue, Globes added. Noble Energy (NBL) has a 39.66% stake in Leviathan. Its stake is expected to drop to 30% if the deal with Woodside is completed. Reference Link
News For NBL;WOPEY From The Last 14 Days
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September 4, 2015
12:45 EDTNBLNoble Energy September call active
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12:41 EDTNBLOptions with increasing volume
Options with increasing volume; MSI NBL CX LB CIE BP COP BGS N FNF ALU OSK
September 3, 2015
09:13 EDTNBLNoble Energy provides statement on regulatory framework in Israel
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August 31, 2015
08:19 EDTNBLDelek Group, Noble Energy slip after Eni 'supergiant' gas find
The shares of Israel-based holding and management company Delek Group (DGRLY) plunged in Tel Aviv trading after Italy's Eni SpA (E) announced over the weekend that it has made a "world class supergiant" gas discovery at its Zohr prospect, in the deep waters of Egypt. According to the well and seismic information available, the discovery could hold a potential of 30T cubic feet of lean gas in place, or 5.5B barrels of oil equivalent, Eni stated. The development of the Leviathan field, estimated by Delek to have 21.9T cubic feet of natural gas, has been stalled by the Israeli government. Noble Energy (NBL) has been developing gas fields in Israel with plans to export the fuel to Egypt and other nations in the region. Shares of Delek Group trading in New York closed at $26.17 on Friday. Noble Energy shares, which closed at $34.53 on Friday, were down about 2.7% top $33.60 in pre-market trading.
August 24, 2015
07:19 EDTNBLNoble Energy downgraded to Neutral from Buy at BofA/Merrill
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