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Stock Market & Financial Investment News

News Breaks
July 8, 2014
05:35 EDTTKPPY, STO, XOMTechnip awarded renewal of framework agreement by Statoil, Exxon Mobil, Gassco
Technip (TKPPY) was awarded a new framework agreement by Statoil (STO), Exxon Mobil (XOM) and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years, Technip will provide these services for the next four years. This contract, effective from December 1, also includes an option for additional periods up to seven years.
News For TKPPY;STO;XOM From The Last 14 Days
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October 16, 2014
13:54 EDTXOMGulf states to oppose OPEC oil production ceiling cut, WSJ says
Despite the recent turmoil in the oil market, Gulf nations including Saudi Arabia, Kuwait and the United Arab Emirates are seen as opposing OPEC oil-production ceiling cuts at next month's meeting, says the Wall Street Journal. 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
07:23 EDTSTOHart Energy to hold a conference
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October 15, 2014
09:20 EDTSTOOn The Fly: Pre-market Movers
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07:44 EDTXOMExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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06:22 EDTSTOStatoil names Eldar Saetre as acting president and CEO
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06:21 EDTSTOBG Group names Statoil's Helge Lund as CEO, effective March 2, 2015
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05:31 EDTSTOStatoil CEO Lund to resign, appoints Eldar Sætre as acting CEO
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October 14, 2014
09:04 EDTSTO, XOMStatoil, Exxon Mobil announce additional discovery offshore Tanzania
Statoil (STO) and co-venturer Exxon Mobil (XOM) announced that the Giligiliani-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.2 trillion cubic feet of natural gas in place in the Giligiliani-1 well brings the total of in-place volumes up to approximately 21 tcf in block 2. The Giligiliani-1 discovery is the venture’s seventh discovery in block 2. Statoil operates the licence on block 2 on behalf of Tanzania Petroleum Development Corporation and has a 65% working interest. ExxonMobil Exploration and Production Tanzania Limited holds the remaining 35%.
October 13, 2014
07:15 EDTXOMNational Association of Corporate Directors to hold a conference
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06:36 EDTXOMSaudi Arabia content to let oil prices stay low, Reuters reports
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05:18 EDTSTOStatoil sells 15.5% share in Shah Deniz to PETRONAS for $2.2B
Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company, or SCPC, 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company, or AGSC, to the Malaysian oil and gas company PETRONAS. The transaction value is $2.25B. Statoil's Q2 production from the Shah Deniz field was 38,000 barrels of oil equivalent per day. The effective date is January 1. The transaction is expected to be closed early 2015, subject to approval from the relevant authorities.
05:16 EDTSTOStatoil sells 15.5% share in Shah Deniz to PETRONAS for $2.2B
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October 12, 2014
13:53 EDTXOMKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTXOMSaudis take aggressive oil measures in Europe, WSJ says
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October 10, 2014
18:17 EDTXOMExxon Mobil to receive less than $1B from Venezuelan government, Reuters says
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October 9, 2014
13:47 EDTXOMICSID: Venezuela must pay Exxon $1.6B for nationalizations
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