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Stock Market & Financial Investment News

News Breaks
March 28, 2014
06:49 EDTTOT, STO, XOM, BP, E, RDS.ASanctions against Russian oil sector could hurt companies, NY Times says
Intensive sanctions against Russia's oil industry would probably hurt Western oil companies like Exxon Mobil (XOM) that are investing heavily in the country, according to The New York Times. Other energy companies with significant involvement in Russia include BP (BP), Eni (E), Shell (RDS.A), Total (TOT), and Statoil (STO), the newspaper stated. Reference Link
News For A;TOT;STO From The Last 14 Days
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October 20, 2014
18:52 EDTTOTTotal CEO Christophe de Margerie dies in plane crash, Bloomberg says
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07:10 EDTAAmerican Society of Human Genetics to hold annual meeting
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October 16, 2014
13:54 EDTTOTGulf 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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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 EDTTOTExxon, 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
13:11 EDTTOTTotal moving ahead with 60% expansion of Joslyn project, Financial Post says
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13:05 EDTAAgilent sees FY15 revenue declining $20M-$30M due to NMR business closure
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13:03 EDTAAgilent sees Q4 EPS 87c-91c, consenssus 89c
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13:02 EDTAAgilent to close Nuclear Magnetic Resonance business
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09:04 EDTSTOStatoil, 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
06:36 EDTTOTSaudi 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 EDTTOTKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTTOTSaudis take aggressive oil measures in Europe, WSJ says
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