News Breaks |
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| January 4, 2013 |
| 16:04 EDT |  | STO, SU, CVX, XOM | Suncor announces Hebron co-venturers sanction project
Suncor Energy (SU) confirmed that the Hebron co-venturers officially sanctioned the Hebron project on December 31. Suncor holds a 22.729% interest in the project. Hebron is an oil field located offshore Newfoundland and Labrador in the Jeanne d'Arc Basin 350 kilometres southeast of St. John's, the capital of Newfoundland and Labrador. The Hebron Project co-venturers are: ExxonMobil Canada Properties (XOM), Chevron Canada Resources (CVX), Suncor Energy, Statoil Canada (STO) and Nalcor Energy - Oil and Gas. |
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News For SU;XOM;CVX;STO From The Last 14 Days Check below for free stories on SU;XOM;CVX;STO the last two weeks. |
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| June 19, 2013 |
| 08:03 EDT | | STO | General Electric awarded $147M contract by Statoil
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| 06:05 EDT | | STO | Statoil make another oil find offshore Newfoundland
Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling the Harpoon prospect, located approximately 500 kilometres north-east of St. John's, Newfoundland and Labrador, Canada. The Harpoon discovery was drilled by the semi-submersible rig West Aquarius, in approximately 1,100 metres of water. Harpoon is located about 10 kilometres south-east of Statoil's Mizzen discovery. The Mizzen discovery is estimated to hold between 100M-200M barrels of oil. As part of its 2013 three-well exploration program offshore Newfoundland, Statoil is currently drilling its Federation prospect, located in the Jeanne d'Arc Basin. The company will then return to the Flemish Pass Basin to drill the Bay du Nord prospect, which is located south-west of the Harpoon and Mizzen discoveries. |
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| 06:03 EDT | | STO | Statoil discovers high-quality oil in Flemish Pass Basin in Newfoundland
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| 05:56 EDT |  | STO | EU looking for evidence that oil traders manipulate prices, WSJ reports
The EU is investigating manipulation of benchmarks as part of a probe into whether energy traders skew prices of oil and other fuels for their own financial benefit, reports the Wall Street Journal. Reference Link |
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| June 18, 2013 |
| 10:01 EDT |  | STO | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Flir Systems (FLIR) upgraded to Strong Buy from Market Perform at Raymond James... HSBC (HBC) upgraded to Buy from Neutral at Citigroup... Motorcar Parts (MPAA) upgraded to Buy from Neutral at B. Riley... People's United (PBCT) upgraded to Overweight from Neutral at JPMorgan... Royal Dutch Shell (RDS.A) upgraded to Focus List from Outperform at Howard Weil... Statoil (STO) upgraded to Outperform from Sector Perform at Howard Weil... CommVault (CVLT) upgraded at Pacific Crest... Newfield Exploration (NFX) upgraded to Buy from Hold at Stifel. |
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| 09:37 EDT | | CVX | BNP Paribas to broker Chevron Nigeria oil sales, Reuters reports
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| 09:13 EDT | | STO | Statoil upgraded to Outperform from Sector Perform at Howard Weil
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| 07:13 EDT | | XOM, CVX | U.S. oil exports highest in 30 years, Bloomberg reports
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| 06:04 EDT | | CVX, XOM | Energy firms may look to courts over U.S. natural gas exports, Reuters reports
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| June 17, 2013 |
| 16:07 EDT | | CVX | Tesoro Logistics confirms FTC clearance for purchase of Chevron system
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| 15:35 EDT | | CVX | FTC requires Tesoro to sell petroleum terminal for Chevron deal
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| 10:10 EDT |  | CVX | On The Fly: Analyst Downgrade Summary
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| 08:00 EDT | | CVX | Chevron downgraded to Hold from Buy at Jefferies
Jefferies downgraded Chevron with a $135 price target citing valuation and expectations its growth can lag the sector average. |
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| June 16, 2013 |
| 14:13 EDT | | CVX | Chevron confirms first cargo from Angola LNG
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| June 14, 2013 |
| 08:06 EDT | | CVX, XOM | LNG trade declined in 2012, FT reports
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| June 13, 2013 |
| 14:29 EDT | | XOM | U.S., Arkansas file joint complaint against Exxon for Pegasus spill
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| 07:09 EDT | | XOM, CVX | U.S. crude oil production surged 14% in 2012, WSJ reports
U.S. crude oil production grew by over 1M barrels a day last year, the largest increase in the world and the largest in U.S. history. In the latest sign of the shale revolution remaking world energy markets, crude production in the U.S. jumped 14% last year to 8.9M barrels a day, according to the newly released Statistical Review of World Energy, published by BP, reports the Wall Street Journal.Reference Link |
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| June 11, 2013 |
| 19:21 EDT | | XOM | Rosneft, ExxonMobil finalize Arctic research agreements
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| 12:15 EDT | | CVX, XOM | EIA sees Brent crude to average $102/barrel over 2H, $100/barrel in 2014
In its updated short-term energy outlook, the U.S. Energy Information Administration expects Brent crude oil spot price to average $102 per barrel over 2H, and $100 per barrel in 2014. EIA expects the price of regular gasoline will average $3.53 per gallon over the summer driving season. The annual average regular gasoline retail price is projected to decline from $3.63 per gallon in 2012 to $3.49 per gallon in 2013 and to $3.37 per gallon in 2014. Reference Link |
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| 10:09 EDT | | XOM | Exxon Mobil in talks for stake in Turkey's Black Sea block, Reuters reports
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