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Stock Market & Financial Investment News

News Breaks
March 11, 2013
06:17 EDTSLB, HAL, CEO, PTR, SHIChina lacks experience with huge shale gas reserves, Reuters reports
China's plans to unlock what may be the world's biggest shale gas reserves risk running further behind after 16 firms were awarded exploration rights in the latest auction lacked one important skill - not one has drilled a gas well before, reports Reuters. The lack of experience exploiting shale among new firms scrambling to enter the sector will make it an even bigger challenge to get at the gas, and if they fail to deliver China will struggle to reduce its dependence on expensive imports of oil, liquefied natural gas and coal.Reference Link
News For SLB;HAL;CEO;PTR;SHI From The Last 14 Days
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May 23, 2013
16:41 EDTSLBHelmerich & Payne to sell part of equity portfolio
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07:31 EDTHALSenate Energy & Natural Resources Committee to hold a forum
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May 21, 2013
07:36 EDTHALUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
May 20, 2013
19:32 EDTSLBSchlumberger CEO sells more than $4.67M of shares, Barron's says
Schlumberger CEO Paal Kibsgaard exercised options and sold more than 60,000 shares on May 16 for proceeds of more than $4.67M, leaving Kibsgaard with direct holdings of 40,000 shares, reports Barron's Inside Scoop. Reference Link
07:41 EDTHAL, SLBMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
May 15, 2013
17:18 EDTHALBP Capital gives quarterly update on stakes
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06:08 EDTSHISinopec unit narrows range of up to $1.88B Hong Kong IPO, Reuters reports
The engineering unit of Chinese refiner Sinopec Group narrowed the indicative price range on its up to $1.88B IPO, reports Reuters. Sinopec Engineering (Group) Co. changed the range to HK$10.5-11 per share said IFR, a Thomson Reuters publication. The company launched the deal on May 6 with an indicative range of HK$9.80 to HK$13.10 per share. Reference Link
May 13, 2013
08:12 EDTHALDejour Energy readies for initial Kokopelli production
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