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Stock Market & Financial Investment News

News Breaks
February 18, 2013
12:59 EDTCEO, RDS.A, BP, XOM, CVXRosneft's chief holds working meetings with China oil companies
In a statement Rosneft said : Mr Sechin held talks with CNPC General Manager Zhou Jiping. The two discussed prospects for hydrocarbon supplies to China and the creation of mutually beneficial conditions for productive cooperation in refining. The Rosneft and CNPC heads also reviewed the Chinese company’s potential involvement in joint upstream projects offshore on the Russian shelf and signed a number of documents on mutual cooperation. CNPC put forward the suggestion that Rosneft participate in joint projects. Reference Link
News For A;CVX;BP;CEO From The Last 14 Days
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July 30, 2015
10:00 EDTBPOn The Fly: Analyst Upgrade Summary
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08:16 EDTBPBP upgraded to Buy from Hold at Argus
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July 29, 2015
14:07 EDTCVXChevron volatility elevated into Q2 and outlook
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13:04 EDTCVX, BPSaudi Arabia to lower oil production after summer, WSJ reports
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July 28, 2015
09:18 EDTBPOn The Fly: Pre-market Movers
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05:57 EDTBPBP sees Q3 production to be broadly flat with Q2
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05:57 EDTBPBP reports Q2 production up 0.3% to 2,112 mboe/d
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05:56 EDTBPBP reports Q2 profit ($5.82B) vs. $3.37B last year
Reports Q2 replacement cost profit ($6.27B) vs. $3.18B last year. Reports Q2 underlying replacement cost benefit $1.31B vs. $3.64B last year. Reports Q2 underlying replacement cost profit per ordinary share of $7.17 vs. $19.71 last year. Reports Q2 replacement cost per ADS 43c vs. $1.18 last year.
July 27, 2015
15:03 EDTBPNotable companies reporting before tomorrow's open
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July 22, 2015
06:39 EDTBP, CVXEuro, 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
06:27 EDTBPBP faces challenges in India, Russia, WSJ reports
BP's oil and gas fields project in India with Reliance Industries, the company's first major project since the Deepwater Horizon spill in 2010, has been stalled, posing global challenges for the oil giant, the Wall Street Journal reports. In addition, political hurdles in Russia and cost-ineffective shale operations in the U.S. have also hurt BP, the report says. Reference Link
July 21, 2015
05:31 EDTCEOCNOOC announces Luda 10-1 project commences production
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July 16, 2015
18:39 EDTCEOAlberta Energy Regulator responds to Nexen pipeline failure
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