New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 12, 2014
11:09 EDTXOM, TOT, STO, BPExxon Mobil oil production to increase from on-time startup of CLOV project
Exxon Mobil Corporation (XOM) announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months. CLOV is the fourth major development hub of Total-operated Block 17, after Girassol, Dalia and Pazflor. An ExxonMobil affiliate has a 20 percent working interest in CLOV, which will produce oil from the four fields of Cravo, Lirio, Orquidea and Violeta at water depths ranging from 3,600 feet to 4,593 feet. CLOV, located 87 miles offshore Luanda, includes 34 wells and eight manifolds connected by 112 miles of subsea pipelines to a floating production storage and offloading vessel and crude oil offloading terminal. The 1,000-foot-long, 197-foot-wide vessel can store up to 1.8 million barrels of oil. Natural gas produced at CLOV will be exported through a subsea pipeline to an Angola liquefied natural gas plant in Soyo. Sonangol is the concessionaire for Block 17. Total (TOT) has 40% interest, Statoil (STO) has 23.33%, and BP (BP) has 16.67%.
News For XOM;TOT;STO;BP From The Last 14 Days
Check below for free stories on XOM;TOT;STO;BP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 29, 2014
09:37 EDTBPActive equity options trading on open
Subscribe for More Information
06:38 EDTXOM, BP, TOTRising oil supplies pressuring prices, NY Times says
Subscribe for More Information
August 28, 2014
09:34 EDTBPBP confirms refinery 'minimally' affected after fire, AP reports
Subscribe for More Information
07:35 EDTBPBP downgraded to Underweight from Equal Weight at Morgan Stanley
Subscribe for More Information
August 27, 2014
06:29 EDTTOTShell consortium nears deal to sell Nigeria oilfields for $5B, FT reports
Subscribe for More Information
06:25 EDTSTOStatoil says it has over 100 projects in planning or execution, WSJ reports
Statoil says it has over 100 projects in planning or in progress, and is planning to maintain its current oil and gas production in coming years with the record activity, the Wall Street Journal reports. Reference Link
06:22 EDTXOMExxon division pays $1.4M to settle Louisiana spill claims, Reuters says
Subscribe for More Information
August 25, 2014
06:24 EDTSTOStatoil sees some delays in Russian energy projects from sanctions, WSJ reports
Subscribe for More Information
August 22, 2014
06:39 EDTBPBP drops $9.3B on fuel stations, exploration in Australia, Bloomberg says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use