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Stock Market & Financial Investment News

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February 19, 2013
09:03 EDTXOMExxon Mobil says 2012 reserves replacement totaled 115%
Exxon Mobil announced it replaced 115% of its 2012 production by adding proved oil and gas reserves totaling 1.8B oil-equivalent barrels, including a 174% replacement ratio for crude oil and other liquids. At year-end 2012, ExxonMobil's proved reserves totaled 25.2B oil-equivalent barrels, which was made up of 51% liquids and 49% natural gas. At year-end 2011, ExxonMobil's proved reserves base was 24.9B oil-equivalent barrels, made up of 49% liquids and 51% gas. Liquid additions during 2012 totaled 1.4B barrels or 174% of production and natural gas additions totaled over 400M oil-equivalent barrels for a 56% replacement ratio. Excluding the impact of asset sales, reserves additions during 2012 replaced 124% of production.
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May 20, 2013
08:08 EDTXOMEU 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 EDTXOMU.S. oil futures rally as many commodities decline, WSJ reports
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May 16, 2013
08:01 EDTXOMFMC Technologies receives subsea equpiment order from ExxonMobil
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May 15, 2013
08:38 EDTXOMWTI crude falls for a fith consecutive day, Bloomberg reports
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07:20 EDTXOMInterOil 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
07:10 EDTXOMIEA says North American oil will dominate world supply growth, WSJ reports
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May 9, 2013
15:16 EDTXOMExxon Mobil to build $10B LNG facility in Texas, Bloomberg reports
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11:33 EDTXOMExxon 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
May 8, 2013
16:00 EDTXOMOptions 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 EDTXOMStatoil sanctions Julia field development in Gulf of Mexico
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18:02 EDTXOMExxon Mobil to develop Julia oil field in Gulf of Mexico
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