New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 10, 2012
06:09 EDTXOM, RDS.A, BP, CVXOPEC riding high but oil faces potential major correction, WSJ reports
This week's OPEC meeting comes as Brent crude oil, averaging about $112 a barrel to date, heads for its best year ever. But a celebration might be short lived as oil prices are at risk of a major correction next year, reports the Wall Street Journal. Reference Link
News For A;CVX;BP;XOM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
March 18, 2015
08:31 EDTAAgilent names president and COO Mike McMullen as CEO
Subscribe for More Information
07:02 EDTBPExterran nominates five new directors to board
Exterran Holdings (EXH) announced that its Board of Directors has nominated the following individuals for election to the Exterran Holdings Board at the Company’s 2015 Annual Meeting of Stockholders on April 28: Anne-Marie N. Ainsworth – former President and CEO of the general partner of Oiltanking Partners, L.P. (OILT); Frances Powell Hawes – independent financial consultant and former CFO of NCI Building Systems (NCS); James H. Lytal – independent energy consultant and former President of Gulfterra Energy Partners LP; Richard R. Stewart- former President and CEO of GE Aero Energy (GE); and Ieda Gomes Yell – Managing Director of Energix Strategy Ltd. and former President of BP Brazil (BP). “In November 2014, we announced a plan to separate Exterran’s international contract operations, international aftermarket services and global fabrication businesses into an independent, publicly traded company in the second half of 2015,” said Mark Sotir, Executive Chairman of the Board. “Our Board has nominated these additional well qualified director candidates in anticipation of certain of Exterran’s directors resigning from the Board at the time of the separation in order to join the board of directors of the new publicly traded company. We have not yet reached a final determination regarding which directors will remain on Exterran’s Board and which directors will join the board of directors of SpinCo at the time of the separation.”
06:16 EDTXOMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
Subscribe for More Information
March 17, 2015
09:11 EDTBPBP study criticized by Gulf oil spill trustees, Financial Times says
Subscribe for More Information
08:27 EDTBPBP says environmental assessment shows most spill impact of short duration
Subscribe for More Information
March 16, 2015
11:11 EDTXOM, CVX, BPOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
Subscribe for More Information
09:26 EDTCVXAtwood Oceanics Atwood Osprey to be out of service for 30 days due to cyclone
Atwood Oceanics (ATW) announced that its semisubmersible drilling unit, the Atwood Osprey, parted several mooring lines and drifted approximately three nautical miles from its original position during Cyclone Olwyn, which impacted the northwest coast of Australia on March 12. The rig is currently stable with a support vessel in position, and preliminary results indicate minimal damage with an estimated maximum of 30 days out of service time for repairs. No rig personnel were injured in the event. The Atwood Osprey is contracted to Chevron Australia (CVX) and was on location at the Iago 1B well. The well had been shut down and secured in accordance with Chevron's cyclone demobilization procedures and the rig had ballasted down and evacuated all its rig personnel in advance of the cyclone. Atwood Oceanics is coordinating its efforts with Chevron, the Australian offshore regulator and other affected parties.
08:06 EDTCVXCB&I awarded technology and FEED contracts for coker unit
Subscribe for More Information
March 15, 2015
17:49 EDTBPBP and Egypt in $12B energy deal, Reuters says
Subscribe for More Information
March 13, 2015
16:28 EDTXOMWhiting attracts interest from Exxon Mobil, Hess, Continental, Bloomberg says
Subscribe for More Information
15:54 EDTXOMWhiting attracts interest from Exxon Mobil, Hess, Continental, Bloomberg says
Subscribe for More Information
09:49 EDTAUBS life science tools/diagnostics analyst has analyst/industry conference call
Subscribe for More Information
08:36 EDTXOMHoward Hughes sees 507 new hotel rooms in FY15
Subscribe for More Information
06:32 EDTXOM, BP, CVXIEA says oil price pressure likely to resume, Reuters reports
Subscribe for More Information
06:29 EDTBP, CVX, XOMOil companies reach tentative agreement with union, WSJ says
Subscribe for More Information
06:02 EDTBPBP to sell Australian bitumen business to Puma Energy
Subscribe for More Information
05:18 EDTXOMExxon Mobil CEO says U.S. needs to 'make regulatory process less burdensome'
The U.S. government needs to adjust its energy policies to ensure that America can realize all the benefits of the new era of energy abundance, Rex Tillerson, chairman and CEO of Exxon Mobil said Thursday. “We need sound energy policies – policies equal to the innovation that has redefined the modern energy landscape,” Tillerson said in an address to The Economic Club of Washington. “It is time to build policies that reflect our newfound abundance – that view the future with optimism, that recognize the power of free markets to drive innovation, and that proceed with the conviction that free trade brings prosperity and progress.” As examples, Tillerson said that Congress and the White House need to enable U.S. exports of oil and natural gas, approve the Keystone XL pipeline, and make the regulatory process less burdensome and more transparent. “With free trade in energy and common-sense regulatory reforms, the U.S. energy industry can strengthen U.S. energy security and continue to pioneer the innovations that make possible the safe and responsible development of energy,” Tillerson said. “No one can say for sure how the industry will evolve next or where it will go – but one of the enduring lessons of our industry is that sound policy rewards wide and disciplined investments, spurs economic growth and improved environmental performance, and leads to greater peace and prosperity.” A major driver in the industry’s expansion, Tillerson said, has been breakthroughs in the integration of hydraulic fracturing and horizontal drilling, a renaissance that is now bringing economic benefits to all 48 states in the continental U.S. along with unanticipated environmental gains. “Because natural gas emits up to 60 percent less carbon dioxide than other major sources when used for power generation, our abundant and reliable supplies have been instrumental in reducing our nation’s carbon dioxide emissions to levels not seen since the early 1990s,” Tillerson said. He noted that industry has a responsibility to meet the two-pronged challenge of providing for the world's energy needs while protecting the environment. “The global economy will need sound economic reasoning and more sensible policies to fully leverage this moment to meet the energy and environmental challenges of the future,” said Tillerson.
March 12, 2015
13:14 EDTXOM, BP, CVXShell, BP, Total oil trading divisions may yield profit boost, Bloomberg says
Subscribe for More Information
12:05 EDTXOMExxon Mobil resumes drilling at Point Thomson
ExxonMobil announced that it has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial production system online. The initial production system is designed to produce up to 10,000 barrels per day of natural gas condensate and is scheduled for startup in 2016. Two injection wells will work in tandem with a production well, cycling up to 200M cubic feet of natural gas per day through an onsite central processing facility. The condensate will then be transported by a 22-mile pipeline to the Trans-Alaska Pipeline System. The Point Thomson reservoir holds an estimated 8T cubic feet of natural gas and associated condensate, a high quality hydrocarbon similar to kerosene or diesel. The gas represents 25% of known gas resources on the North Slope and could be used to partially underpin the proposed Alaska LNG project. Potential future development will depend on a range of factors such as business considerations, investment climate and the fiscal and regulatory environment. As of year-end 2014, ExxonMobil and working interest owners have invested more than $2.6B in the development of Point Thomson. About 70% of that amount has been spent in Alaska. More than 70 Alaska companies have contributed to the success of the project, with more than 800 people working on-site and an additional several hundred around the state. Winter construction continues with the opening of a 50-mile ice road from Deadhorse to central pad. Point Thomson is located on state acreage along the Beaufort Sea, 60 miles east of Prudhoe Bay and 60 miles west of the village of Kaktovik.
07:22 EDTXOMEconomics Club of Washington, D.C. to hold a dinner meeting
Chairman and CEO Tillerson of Exxon Mobil is the guest speaker at a dinner meeting being held in Washington, D.C. on March 12 at 7 pm.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use