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Stock Market & Financial Investment News

News Breaks
November 21, 2012
17:02 EDTCOP, ORIGOcean Rig in three year offshore Angola drilling contract with ConocoPhillips
On November 15,Ocean Rig UDW (ORIG) entered into a drilling contract for the seventh generation drillship under construction scheduled to be delivered in November 2013, Ocean Rig Athena with Conocophillips (COP). The contract is for a three-year period for drilling offshore Angola, with an estimated backlog of approximately $745M. The contract is expected to commence upon delivery of the drillship from the shipyard. Under the contract, Conocophillips has options to extend the contract for up to two years beyond the initial three-year contract period.
News For ORIG;COP From The Last 14 Days
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November 25, 2014
13:01 EDTCOPOPEC leans toward compromise to cut supplies, WSJ says
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November 23, 2014
19:12 EDTCOPIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. 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
November 18, 2014
18:26 EDTCOPKeystone pipeline legislation voted down by U.S. Senate
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16:06 EDTORIGOcean Rig UDW signs loan agreement and files prospectus supplement
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10:03 EDTCOPConocoPhillips management to meet with ISI Group
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November 14, 2014
16:39 EDTCOPBerkshire Hathaway gives quarterly update on stakes
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November 12, 2014
09:02 EDTCOPConocoPhillips announces start of gas production from KBB gas field
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07:31 EDTCOPBofA/Merrill to hold a conference
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