Stock Market & Financial Investment News

News Breaks March 9, 2012 14:25 EDT PAA, BP Plains All American says approved to purchase BP's Canadian NGL business Plains All American Pipeline (PAA) announced that with respect to the pending acquisition by its wholly owned subsidiary Plains Midstream Canada ULC of BP’s (BP) Canadian natural gas liquids business, the final regulatory closing condition under the Share Purchase Agreement has been satisfied. Subject to satisfaction of other customary closing conditions, the acquisition is anticipated to close early in the second quarter of 2012. News For PAA;BP From The Last 14 Days Check below for free stories on PAA;BP the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 20, 2013 08:09 EDT PAA Plains All American announces Oklahoma pipeline expansion Subscribe for More Information 08:08 EDT BP EU to review fracking concerns, Reuters reports Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link 05:40 EDT BP U.S. oil futures rally as many commodities decline, WSJ reports Subscribe for More Information May 17, 2013 16:21 EDT BP On The Fly: Closing Wrap Subscribe for More Information 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. May 16, 2013 14:46 EDT BP Tesoro may take over BP California assets as soon as June 1, Reuters says Subscribe for More Information 14:32 EDT BP Tesoro may take ownership of BP Carson refinery, other assets as soon as June 1 Subscribe for More Information 07:11 EDT BP BP wants PM Cameron to discuss Gulf compensation with U.S., Reuters reports Subscribe for More Information 06:08 EDT BP On the Fly: Periodicals Wrap-Up Subscribe for More Information May 15, 2013 08:38 EDT BP WTI crude falls for a fith consecutive day, Bloomberg reports Subscribe for More Information 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 May 14, 2013 11:08 EDT BP BP says involved in EC probe, cooperating with investigation, Bloomberg reports Subscribe for More Information 07:10 EDT BP IEA says North American oil will dominate world supply growth, WSJ reports Subscribe for More Information May 9, 2013 07:35 EDT PAA Platts to host a conference Subscribe for More Information May 8, 2013 10:00 EDT PAA On The Fly: Analyst Downgrade Summary Subscribe for More Information 06:51 EDT PAA Plains All American downgraded to Neutral from Outperform at Credit Suisse Subscribe for More Information May 7, 2013 16:01 EDT BP Options Update; May 7, 2013 Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.