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Stock Market & Financial Investment News

News Breaks
July 2, 2014
09:12 EDTUGI, TOTTotal in exclusive sales talks for Totalgaz with UGI Corporation
Total (TOT) announced that it has entered into exclusive negotiations with UGI Corporation (UGI), the parent company of Antargaz, after having received a firm offer from the U.S. company to acquire all outstanding shares of Totalgaz, the groupís liquefied petroleum gas distributor in France. The transaction under consideration is aligned with Totalís strategy of assertively managing its asset portfolio, the company said.
News For TOT;UGI From The Last 14 Days
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February 4, 2016
15:39 EDTTOTWhite House 'clean transportation' plan proposes $10 per barrel fee on oil
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February 2, 2016
07:17 EDTTOTIran still struggling to finalize oil drilling contract terms, WSJ says
Iran is still having difficulty finalizing terms under which foreign energy companies can drill for oil there, the Wall Street Journal reports. Iranian oil officials canceled a conference scheduled for this month in London where new contracts for Western companies were supposed to be presented, with official blaming the cancellations on the inability to secure enough U.K. visas for the event, the report says. Another reason for the cancellation are conservative factions thinking that the contracts drawn up by president Hassan Rouhani's oil ministry are too generous to foreign entities, the report says, citing people familiar with the matter. 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
05:33 EDTTOTTotal signs long-term agreement to supply LNG to Pertamina
Total has signed long-term liquefied natural gas, or LNG, sale and purchase agreements with state-owned Indonesian company Pertamina for the supply of LNG volumes increasing from 0.4M to 1M tonnes per year over a period of 15 years beginning 2020. Under the terms of the agreements, Total will purchase from 2020 around 0.4M tonnes per year of Pertamina's contracted LNG volumes from Corpus Christi LNG, currently under construction in the United States. In parallel, Total will supply from its global portfolio to Pertamina a volume growing over time from 0.4M to 1M tonnes per year of LNG.
February 1, 2016
18:18 EDTUGIUGI Corporation intends to update adjusted EPS guidance after Q2
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18:17 EDTUGIUGI Corporation reports Q1 adjusted EPS 64c, consensus 72c
Reports Q1 revenue $1.61B, may not compare to consensus $2.45B.
13:49 EDTTOTS&P cuts rating on Shell, puts several other EU oil majors on watch
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January 28, 2016
10:55 EDTTOTOPEC delegates say no plan for meeting Russia about production, Bloomberg says
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