All Posts Tagged With: "BP"
(APC) Anadarko Petroleum Hits Another Gas Find
Independent oil and gas producer Anadarko Petroleum Corporation (APC) made another discovery off the coast of Mozambique. This new find to a large extent substantiated the company’s projection that the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect...
18Jan2012 | vitalstocks | 0 comments | Continued(BP) Three European Oil Firms Strike Angola Deal
With the aim of expanding individual footing in the energy sector of South Africa, three European oil biggies entered into three different deals with Sonangol, the National Fuel Company of Angola, to explore the undeveloped pre-salt offshore acreage. London, England-based BP...
28Dec2011 | vitalstocks | 0 comments | Continued(LNG) An Alternative Way to Capture Emerging Market Growth
by David Fessler, Investment U Senior Analyst Tuesday, December 6, 2011: Issue #1658 Many countries outside the United States operate state-controlled companies. Most are giant behemoths, employing millions of people between them. These companies – among the world’s largest...
6Dec2011 | InvestmentU | 0 comments | Continued(RIG) Transocean Tanks on Offering Notice
Offshore drilling giant Transocean Ltd. (RIG) priced a public offering of 26 million shares at $40.50 a piece, with a 30-day over-allotment option for an additional 3.9 million shares. The Zug, Switzerland-based owner of the world’s largest offshore rig fleet plans to use...
30Nov2011 | vitalstocks | 0 comments | Continued(PBR) Petroleo Brasileiro S.A. Hits Oil in Campos Basin
Petroleo Brasileiro S.A. or Petrobras (PBR) announced the discovery of an accumulation of crude oil in Marlin Complex, offshore Campos basin. However, Petrobras did not disclose the amount of oil discovered. The presence of oil was traced in post-salt rocks through the well 4-VD-18-RJS...
30Nov2011 | vitalstocks | 0 comments | Continued(APC) Anadarko Petroleum Makes Discovery Off The Coast of Mozambique
Independent oil and gas producer Anadarko Petroleum Corporation’s (APC) latest discovery off the coast of Mozambique has substantially raised the total reserve of natural gas in the field located in the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect. Initial...
30Nov2011 | vitalstocks | 0 comments | Continued(STO) Statoil Cuts Yield on Storm Alert
Statoil ASA (STO) has reduced its output at three platforms off central Norway as a precautionary measure against a severe winter storm forecast for the weekend. The non-critical personnel have been removed from three of its platforms namely ––Njord, Heidrun and Aasgard,...
28Nov2011 | vitalstocks | 0 comments | Continued(PBR) Petroleo Brasileiro S.A. Finds Oil in Santos Basin
Petroleo Brasileiro S.A. or Petrobras (PBR) confirmed the discovery of superior quality oil in the south Santos Basin well 4-SPS-91 (4-BRSA-1002-SPS). As per the oil sampling tests, the find was in an approximately 2,160 meters deep sandstone reservoir in the post-salt area known...
28Nov2011 | vitalstocks | 0 comments | Continued(DPL) Alternative-Energy Stock Outlook – November 2011 – Industry Outlook
Historically, the growth outlook of alternative energy companies has been inversely related to the prices of petroleum products and directly related to the fortunes of the economy. In the near term, however, the fortunes of the alternative energy players are undergoing a radical...
19Nov2011 | vitalstocks | 0 comments | Continued(APC) Anadarko Petroleum Strikes Oil Offshore Brazil
The Woodlands, Texas- based Anadarko Petroleum Corporation (APC), yesterday, announced that it struck oil at its appraisal well in the Campos Basin offshore Brazil. Located in block BM-C-32, offshore Brazil, the Itaipu-2 appraisal well discovered a gross petroleum column of nearly...
10Nov2011 | vitalstocks | 0 comments | Continued(MUR) Murphy Oil Beats Expectations
Murphy Oil Corporation (MUR) engaging in the exploration, production, refining and marketing of oil and gas in the U.S. and the U.K announced third-quarter 2011 income from continuing operations of $1.73 per share, surpassing the Zacks Consensus Estimate of $1.17. Results shot...
6Nov2011 | vitalstocks | 0 comments | Continued(ADS) Company News for October 26, 2011 – Corporate Summary
• Amazon.com Inc. (NASDAQ:AMZN) posted earnings per share of $0.14, significantly below the Zacks Consensus Estimate of $0.24 per share • Xerox Corp. (NYSE:XRX) reported third quarter earnings per share of $0.26, better than the Zacks Consensus Estimate of $0.25 • ...
26Oct2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for October 26, 2011 – Market News
The benchmarks’ three-day rally hit a roadblock as the lack of conviction among investors about European leaders finding a solution to the region’s debt crisis on Wednesday’s summit and disappointing domestic corporate earnings weighed down the markets. Markets reversed...
26Oct2011 | vitalstocks | 0 comments | Continued(SHI) China Buying its Way to Shale Technology
by Justin Dove, Investment U Research Friday, October 14, 2011 Sinopec’s (NYSE: SHI) move to purchase Calgary-based Daylight Energy (OTC: DAYYF.PK) and its 300,000 acres of oil and gas-rich land for $2.2 billion certainly wasn’t the first Canadian acquisition by a Chinese...
17Oct2011 | InvestmentU | 0 comments | Continued(BA) Company News for September 20, 2011 – Corporate Summary
• Shares of Boeing Inc. (NYSE:BA) declined by more than 1.8% after the airline maker said it was unable to deliver its first 747-8 freighter because of issues with its Luxemborg-based customer Cargolux • Shares prices of Cabot Corp.(NYSE:CBT) fell 5.65% after...
20Sep2011 | vitalstocks | 0 comments | Continued(BK) Company News for August 15, 2011 – Corporate Summary
• Dillard’s Inc. (NYSE:DDS) posted strong second-quarter 2011 earnings of $0.30 per share, outpacing the Zacks Consensus Estimate of $0.19 per share and prior-year quarter earnings of $0.03 per share • J. C. Penney Company, Inc. (NYSE:JCP) posted second-quarter...
16Aug2011 | vitalstocks | 0 comments | Continued(BP) BP Analyst Maintains Neutral on Shares
We are maintaining our long-term Neutral rating on one of the world’s largest energy companies, BP Plc (BP). Although the company missed our expectation in the second quarter of 2011, its string of upstream activities keeps us upbeat on its ability to regain its old form. Last...
15Aug2011 | vitalstocks | 0 comments | Continued(COP) Dividends Are a Good Source of Income – Finding High (and Rising) Dividends
These may be the times that try men’s souls, but this is also the sort of time when long-term investors can snatch up great bargains. What do I mean by a great bargain? A good solid company selling at a low valuation. The reason you buy stocks is that they represent partial...
10Aug2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for August 5, 2011 – Market News
The specter of another recession haunted investors and dealt a body blow to the markets which crashed to their worst day since the economic crisis of 2008. On Wednesday, just when the Dow looked like ending its longest losing streak of nine days since Jimmy Carter held office,...
5Aug2011 | vitalstocks | 0 comments | Continued(AAPL) Stock Market News for July 25, 2011 – Market News
Stellar earnings results provided sufficient impetus to markets as they edged modestly higher on Friday, amidst lingering concerns about debt-ceiling negotiations. The week also closed with gains as earnings provided enough cushion for the benchmarks to settle in the green. The...
25Jul2011 | vitalstocks | 0 comments | Continued(BP) BP to Revive North Sea Fields
BP Plc (BP) and its partners have signed a £3 billion (US$4.8 billion) agreement for the redevelopment of two oil fields in the North Sea. The deal is as a part of BP’s strategy to uphold a superior business standard in the region despite a recent tax hike on oil and gas production...
15Jul2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for July 14, 2011 – Market News
Remarks from the Federal Chairman came to the rescue of the markets on Wednesday after he indicated a possible third round of economic stimulus. Subsequently, the markets ended their four-day losing streak and benchmarks ended in the green. Moreover, an encouraging report from...
14Jul2011 | vitalstocks | 0 comments | Continued(TOT) TOTAL S.A. Strengthens Italian Footprint
French oil producer TOTAL S.A. (TOT) recently acquired Esso Italiana’s 25% stake in the Gorgoglione concession, comprising the Tempa Rossa field, where the company already has a 50% stake. As part of the deal, TOTAL also bought 51.7% interest each in two other exploration licenses...
11Jul2011 | vitalstocks | 0 comments | Continued(SNP) China Petroleum and Chemical Corporation-Henan Win Chinese Blocks
China Petroleum and Chemical Corporation, or Sinopec (SNP) and Henan Provincial Coal Seam Gas Development and Utilization Co. were awarded a shale gas block each by the Chinese government in its first auction of the unconventional gas resource. The auction was initiated last...
10Jul2011 | vitalstocks | 0 comments | Continued(ADP) Stock Market News for July 8, 2011 – Market News
On Thursday, positive jobs and retail reports lifted investor sentiment and subsequently boosted the benchmarks which edged closer to 2011 highs. Nonetheless, volumes remained tight as investors anxiously await crucial non-farm payroll data from the government. The Dow Jones...
8Jul2011 | vitalstocks | 0 comments | Continued(STO) Statoil ASA to Pay $2.47 Billion for New Rigs
Oil giant Statoil ASA (STO) has awarded a contract worth $2.47 billion to Norway’s Songa Offshore. Per the deal terms, Songa will build two category D semi-submersible rigs for use on Norwegian Continental Shelf (NCS) with specified terms of 8 years each that could extend to...
7Jul2011 | vitalstocks | 0 comments | Continued(CVX) Chevron Expanding Caspian Pipeline
Integrated energy company Chevron Corporation (CVX), through its subsidiary Chevron Neftegaz, has commenced the construction for the expansion of the Caspian pipeline. The total value of the development project is estimated at $5.4 billion. The venture intends to enhance the...
5Jul2011 | vitalstocks | 0 comments | Continued(COP) ConocoPhillips and Karoon Drilling Plan OK’d
The joint venture between ConocoPhillips (COP) and Karoon Gas Australia Ltd. (KAR) got the government approval to initiate a drilling operation in three blocks of the Browse Basin, about 350 kilometers off the northwest coast in Australia. The drilling campaign was postponed...
5Jul2011 | vitalstocks | 0 comments | Continued(BP) BP Restores Two Texas Units
As per an emissions report filed with state regulators, British energy giant BP Plc (BP) has restarted its gasoline-producing fluidic catalytic cracking (FCC) unit No.1 in its Texas city refinery. The unit of the 437,080-barrels-per-day (bpd) refinery was shut in April following...
4Jul2011 | vitalstocks | 0 comments | Continued(PBR) Petroleo Brasileiro S.A. Start Extended Well Test at Aruana
Brazilian state-run Petroleo Brasileiro S.A. or Petrobras (PBR) has commenced production of oil at the Aruana area, following the start-up of extended well test (EWT). The Aruana area is in the post-salt layer of the southern area of the Campos Basin offshore Brazil. Petrobras...
1Jul2011 | vitalstocks | 0 comments | Continued