Stock Market & Financial Investment News

News Breaks January 31, 2013 07:43 EDT XOM, CVX Pension fund eyes dumping oil positions over climate change, FT says The Seattle City Employees’ Retirement System, a pension fund with nearly $2B in assets, will discuss a request from Seattle Mayor Mike McGinn to sell its positions in oil and gas companies including ExxonMobil (XOM) and Chevron (CVX) because of the threat posed by climate change, reported Financial Times. Reference Link News For XOM;CVX From The Last 14 Days Check below for free stories on XOM;CVX the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 20, 2013 08:08 EDT XOM, CVX EU to review fracking concerns, Reuters reports Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link 05:40 EDT XOM, CVX U.S. oil futures rally as many commodities decline, WSJ reports Subscribe for More Information May 16, 2013 08:01 EDT XOM FMC Technologies receives subsea equpiment order from ExxonMobil Subscribe for More Information 06:03 EDT CVX YPF, Chevron agree to terms of Argentina shale investment, Reuters reports Subscribe for More Information May 15, 2013 18:31 EDT CVX Ecopetrol submits highest bids for three exploratory blocks in Brazil Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins. 08:38 EDT XOM, CVX WTI crude falls for a fith consecutive day, Bloomberg reports Subscribe for More Information 07:20 EDT XOM InterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link May 14, 2013 16:00 EDT CVX Options Update; May 14, 2013 Subscribe for More Information 07:10 EDT CVX, XOM IEA says North American oil will dominate world supply growth, WSJ reports Subscribe for More Information May 9, 2013 15:16 EDT XOM Exxon Mobil to build $10B LNG facility in Texas, Bloomberg reports Subscribe for More Information 14:21 EDT CVX Chevron entitled to damages after U.S. violated pacts, Bloomberg reports The U.S. Court of Claims ruled that Chevron is entitled to unspecified damages after the Department of Energy violated agreements governing determination of equity interests in oil and gas deposits in California, reported Bloomberg, citing a ruling made public yesterday. Reference Link 11:33 EDT XOM Exxon Mobil to host conference call Vice President Rosenthal will host a conference call regarding the company's executive compensation on May 10 at 2 pm. Webcast Link 11:26 EDT CVX Chevron wins suit alleging Energy Department broke terms of deal, Bloomberg says Court rules Chevron entitled to unspecified damages, according to Bloomberg. May 8, 2013 16:00 EDT XOM Options Update; May 8, 2013 CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. May 7, 2013 18:33 EDT CVX, XOM Statoil sanctions Julia field development in Gulf of Mexico Subscribe for More Information 18:02 EDT XOM Exxon Mobil to develop Julia oil field in Gulf of Mexico Subscribe for More Information 09:27 EDT CVX Seadrill Partners acquires the tender rig T15 for $210M Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.