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Stock Market & Financial Investment News

News Breaks
February 14, 2013
10:38 EDTSNP, TOTTotal could sign China shale gas agreement within days, Bloomberg reports
Total (TOT) is in advanced talks with a Chinese company to explore shale gas in China, Bloomberg reports. The company could sign an agreement with in days, Yves-Louis Darricarrere, head of exploration and production at Total, has suggested. Reference Link
News For TOT;SNP From The Last 14 Days
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July 29, 2015
13:04 EDTTOTSaudi Arabia to lower oil production after summer, WSJ reports
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06:47 EDTTOTTotal expects start-ups of Surmont Phase 2, GLNG, Laggan-Tormore to be in 2H15
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06:46 EDTTOTTotal expects to exceed 2015 objective to cut operating costs by $1.2B in 2015
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06:46 EDTTOTTotal reports Q2 adjusted EPS $1.34, consensus $1.15
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July 24, 2015
13:48 EDTTOTTotal looks to sell 50% of Texas refinery
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July 22, 2015
06:39 EDTTOTEuro, U.S. oil and gas groups to find tough competition in Iran, WSJ says
European and U.S. oil and gas firms drawn to Iran as sanctions lessen can expect not only opportunities, but also Iranian companies offering tough competition or joint ventures, the Wall Street Journal reports. Though no Iran-based companies have the clout of firms such as Exxon Mobil (XOM) or Schlumberger (SLB), companies that can take on engineering tasks are emerging and growing in Iran, the report says. If the Iran nuclear agreement comes into effect and sanctions are lifted against Iran sometime soon, those Iranian companies will be well positioned to compete for tens of billions of dollars worth of service contracts, the report adds. Other publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
July 21, 2015
05:34 EDTTOTTotal starts production from Dalia Phase 1A on deep offshore Block 17
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July 15, 2015
06:25 EDTTOTMexican businessmen financing homegrown oil companies, WSJ reports
Several Mexican businessmen, including former Mexican finance minister Pedro Aspe, have started financing or creating homegrown oil companies in Mexico as the country opens its oil industry to competition, the Wall Street Journal reports. The new companies aim not only to compete with Pemex, but also with global oil giants such as Exxon Mobil (XOM) and Royal Dutch Shell (RDS.A), the report says. Mexico will hold three auctions of oil blocks this year, the report adds. Other publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), and Total (TOT). Reference Link

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