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Stock Market & Financial Investment News

News For XOM;BP;CVX From The Last 14 Days
Check below for free stories on XOM;BP;CVX the last two weeks.
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August 12, 2014
08:44 EDTCVXShell to reduce 250 Aberdeen employees, FT says
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07:46 EDTXOMJacobs receives contract from Exxon Mobil
Jacobs Engineering (JEC) announced that it was awarded a contract from ExxonMobil (XOM)Chemical to provide engineering, procurement and construction services as part of a multi-billion dollar ethane cracker project in ExxonMobil’s Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is providing site enabling works and interconnections services for the two sites. Jacobs’ scope of work includes site preparation of 350 acres for the ethane cracker in Baytown and 100 acres for the product facilities in Mont Belvieu.
August 11, 2014
17:42 EDTCVXChevron awarded $104.46M government contract
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17:37 EDTXOMExxon Mobil awarded $373.92M government contract
Exxon Mobile Fuels Lubricants & Specialties Marketing Co. has been awarded a maximum $373.92M fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for aviation turbine fuel and naval fuel. This contract was a competitive acquisition with 16 offers received. This is a one-year base contract with a 30-day carry-over period and no option periods. Locations of performance are Virginia and California, with an Oct. 30, 2015 performance completion date. Using service is Defense Logistics Agency Energy.
09:31 EDTXOMExxon Mobil management to meet with Oppenheimer
Meeting to be held in the Midwest on August 13 hosted by Oppenheimer.
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.
August 8, 2014
10:35 EDTXOMSeadrill announces commitment for West Saturn unit
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August 7, 2014
11:57 EDTXOMExxon Mobil evacuating staff from Kurdistan, Reuters says
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August 6, 2014
16:59 EDTXOMSunoco Logistics announces binding open season for Permian Longview
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06:45 EDTXOM, CVX, BPMexican Congress paves way for foreign energy companies, NY Times reports
The Mexican Congress yesterday approved legislation that paves the way for large, foreign energy companies to seek oil and gas in Mexico, according to The New York Times. 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

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