Stock Market & Financial Investment News

News For CVX;BP From The Last 14 Days Check below for free stories on CVX;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 08:08 EDT CVX, 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 CVX, 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 06:03 EDT CVX YPF, Chevron agree to terms of Argentina shale investment, Reuters reports Subscribe for More Information May 15, 2013 18:31 EDT CVX Ecopetrol submits highest bids for three exploratory blocks in Brazil Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins. 08:38 EDT BP, CVX 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 16:00 EDT CVX Options Update; May 14, 2013 Subscribe for More Information 11:08 EDT BP BP says involved in EC probe, cooperating with investigation, Bloomberg reports Subscribe for More Information 07:10 EDT CVX, BP IEA says North American oil will dominate world supply growth, WSJ reports Subscribe for More Information May 9, 2013 14:21 EDT CVX Chevron entitled to damages after U.S. violated pacts, Bloomberg reports The U.S. Court of Claims ruled that Chevron is entitled to unspecified damages after the Department of Energy violated agreements governing determination of equity interests in oil and gas deposits in California, reported Bloomberg, citing a ruling made public yesterday. Reference Link 11:26 EDT CVX Chevron wins suit alleging Energy Department broke terms of deal, Bloomberg says Court rules Chevron entitled to unspecified damages, according to Bloomberg. Sign up for a free trial to see the rest of the stories you've been missing.