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Stock Market & Financial Investment News

News Breaks
November 19, 2012
08:08 EDTTOT, SNP, CVX, NXYTotal sells 20% interest in OML 138 to Sinopec for $2.5B
Total (TOT) announces that it has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of Sinopec (SNP) for approximately $2.5B in cash. The agreement is subject to approval by the Nigerian authorities. The OML 138 block contains the Usan field which started production in February 2012. The Nigerian National Petroleum Corporation is the OML 138 concession holder. Other partners include Chevron Petroleum Nigeria (CVX), Esso E&P Nigeria, and Nexen Petroleum Nigeria (NXY).
News For TOT;SNP;CVX;NXY From The Last 14 Days
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October 21, 2014
09:37 EDTCVXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL PBR AMZN C TWTR CVX VZ MCD GILD TXN
06:32 EDTTOTParis lawyers begin investigating death of Total head, Reuters says
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06:28 EDTTOTWatchdog says Total plane crashed due to 'bad visibility,' Reuters says
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06:25 EDTTOTInvestigators say plough driver in Total crash was inebriated, Reuters says
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05:42 EDTTOTTotal confirms death of CEO Christophe de Margerie
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October 20, 2014
19:55 EDTTOTTotal CEO Christophe de Margerie dies in plane crash, Bloomberg says
Total CEO Christophe de Margerie died in a plane crash in Moscow, according to Bloomberg, citing Interfax. Reference Link
18:52 EDTTOTTotal CEO Christophe de Margerie dies in plane crash, Bloomberg says
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October 17, 2014
08:54 EDTCVXChevron adds drillship to deepwater operations in Gulf of Mexico
Chevron Corporation (CVX) announced that the Pacific Sharav, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work under a five-year contract with Pacific Drilling (PACD). The Pacific Sharav is an upgraded Dual-Load-Path, Samsung-12000-design, dynamically-positioned drillship, specially modified to accept a Dual Gradient Drilling System, and able to operate in moderate environments and water depths up to 12,000 feet. The Pacific Sharav has commenced operations in the Keathley Canyon area.
08:48 EDTCVXChevron arranges FID for IDD, postpones second phase, Reuters says
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October 16, 2014
13:54 EDTCVX, TOTGulf 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
08:09 EDTTOTFMC Technologies awarded subsea systems contract for Total's fields
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October 15, 2014
07:44 EDTCVX, TOTExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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October 14, 2014
13:11 EDTTOTTotal moving ahead with 60% expansion of Joslyn project, Financial Post says
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09:19 EDTCVXChevron delays $12B deepwater project after gas discovery, Jakarta Post says
PT Chevron Pacific Indonesia, a unit of Chevron, has submitted a letter requesting the postponement of its $12B Indonesia Deepwater Development project as it revise its calculations on the project following the discovery of a new gas reserve that has increased the projectís monetizing value, reported The Jakarta Post, citing an official with the Energy and Mineral Resources Ministry. Reference Link
October 13, 2014
06:36 EDTTOT, CVXSaudi Arabia content to let oil prices stay low, Reuters reports
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October 12, 2014
13:53 EDTTOT, CVXKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTTOT, CVXSaudis take aggressive oil measures in Europe, WSJ says
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October 9, 2014
09:06 EDTCVXChevron names Francis Chief Governance Officer to succeed Beebe
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09:04 EDTCVXChevron names Francis Chief Governance Officer
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08:03 EDTCVXCBI joint venture with Chevron wins technology award in Bahrain
Chicago Bridge & Iron (CBI) and Chevron's (CVX) joint venture Chevron Lummus Global has been awarded a contract in excess of $100M by Bahrain Petroleum Co. The scope of work includes the license of its LC-Fining and Isocracking technologies and engineering design packages for the new residue hydrocracking and vacuum gasoil hydrocracking units for the Bapco Modernization Program.
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