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Stock Market & Financial Investment News

News Breaks
November 8, 2012
14:41 EDTXOM, ETP, COP, RDS.AShell, Sunoco to pay $35M to settle groundwater lawsuit
New Hampshire Attorney General Michael Delaney announced that Shell Oil Company (RDS.A) and Sunoco, a unit of Energy Transfer Partners (ETP), will pay $35M to settle pending claims against the companies in a lawsuit initiated in 2003 against refiners and manufacturers of gasoline containing methyl tertiary butyl ether, or MTBE, who supplied New Hampshire with MTBE gasoline. Trial against the remaining defendants is scheduled to begin on January 7, 2013, the AG stated. The remaining defendants are Exxon/Mobil (XOM), Irving Oil, Citgo Petroleum, ConocoPhillips (COP), and Vitol S.A.
News For A;ETP;XOM;COP From The Last 14 Days
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April 27, 2015
09:09 EDTXOMExxon May weekly volatility elevated into Q1 and outlook
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06:25 EDTXOMBritish government would oppose any takeover of BP, FT reports
The British government has told BP (BP) that it wants the company to remain a "British industrial champion" and it would oppose any takeover of the the company, The Financial Times reports. British officials have said the government would be "skeptical" about any takeover, even if it involves Royal Dutch Shell (RDS.A) because it wants the country to have two big global oil companies. Analysts have previously named ExxonMobil (XOM) as possible suitor for BP. Reference Link
April 26, 2015
12:28 EDTETPRegency Energy Partners to host special shareholder meeting
Special Shareholder meeting to vote on the proposed merger with Energy Transfer Partners will be held in Dallas, Texas on April 28 at 12 pm.
April 23, 2015
11:02 EDTAAgilent announces strategic collaboration with National University of Singapore
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April 22, 2015
16:15 EDTAAgilent announces resolution to FDA warning letter for Dako Denmark
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12:13 EDTCOPStone Energy to abandon Harrier prospect in Gulf of Mexico
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10:48 EDTCOPConocoPhillips exploring sale of some North Sea assets, Bloomberg reports
ConocoPillips is weighing the sale of some of its Norway North Sea assets, Bloomberg reports, citing two sources. The oil producer may look to sell stakes in the Aasta Hansteen, Alvheim and Grane fields, assets in Norway that are operated by others, the sources say. Reference Link
08:44 EDTCOPConocoPhillips updates Angola, Gulf of Mexico drilling results
ConocoPhillips announced the Omosi-1 deepwater exploration well in Block 37 offshore Angola in the Kwanza Basin has been drilled to a total depth of 20,666 feet. A gas column of approximately 525 feet was encountered in the primary objective reservoir. No further activity is planned. The well has been plugged and abandoned. In the deepwater Gulf of Mexico, the Harrier prospect in Mississippi Canyon Block 118 has been drilled to a total depth of 19,400 feet. No commercial hydrocarbons were encountered. The well will be plugged and abandoned. Stone Energy Offshore, L.L.C. was a non-operating co-owner in the Harrier prospect. An after-tax charge relating to the two wells of approximately $142M net to ConocoPhillips will be recorded to dry hole expense in the first quarter of 2015. The total before-tax exploration expense for the quarter is estimated to be $482M, which includes dry hole, leasehold impairment, G&A, and G&G expense.
06:10 EDTXOMBP CEO says has no appetite for megamerger, FT reports
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April 21, 2015
14:31 EDTCOPConocoPhillips mulls sale of three non-operated fields, Bloomberg says
The sale may fetch up to $1B, added Bloomberg.
12:59 EDTXOM, COPExxon Mobil CEO sees continued pressure on oil prices, WSJ says
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08:51 EDTAJPMorgan life sciences analyst holds an analyst/industry conference call
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April 20, 2015
08:32 EDTXOM, COPBofA/Merrill European strategists hold an analyst/industry conference call
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April 19, 2015
14:47 EDTAMerck submits supplemental biologics license for Keytruda in lung cancer
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April 17, 2015
14:40 EDTXOMAnadarko weighs sale of Mozambique gas assets to Exxon, Reuters reports
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08:29 EDTXOM, COPU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 14, 2015
16:43 EDTETPSunoco acquires eight Pico convenience stores in Texas
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06:40 EDTXOM, COPU.S. shale forecast, Yemen fighting lift oil prices, Reuters says
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April 13, 2015
16:18 EDTAeBay announces executive appointments ahead of PayPal separation
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11:16 EDTCOPConocoPhillips looks to sell noncore U.S. acreage, Reuters says
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