All Posts Tagged With: "E"
(CEO) CNOOC Finds Gas in Yinggehai
Chinese offshore giant CNOOC Ltd. (CEO) has made another breakthrough in the high temperature and high-pressure natural gas reservoir in Yinggehai Basin.
The new discovery made in Dongfang (DF) 13-2...
(STO) Statoil ASA Finds Gas Offshore Tanzania
Statoil ASA (STO) along with its partner ExxonMobil Corporation (XOM) has found indications of natural gas in the Zafarani-1 well in Block...
(SUN) Oil and Gas Stock Outlook – February 2012 – Industry Outlook
OUTLOOK
Crude Oil
Signs of progress in resolving Europe’s long-running sovereign debt crisis and a tightening global supply picture in view of the geopolitical fallout over Iran’s alleged nuclear ambitions have been keeping oil prices...
(FTI) FMC Technologies and Anadarko Sign Service Deal
Oil drilling equipment maker FMC Technologies Inc. (FTI) inked a deal with Anadarko Petroleum Corporation (APC), whereby it will render...
(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...
(EPD) Enterprise Products Partners and Genesis Energy Sign Pipeline Plan
Enterprise Products Partners L.P. (EPD) and Genesis Energy L.P. (
8Jan2012 | 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...
(E) Eni SpA Buys Stake in Evans Shoal Offshore Australia
Italian oil major Eni SpA (E) has agreed to acquire a 40% stake in the Evans Shoal gas field in offshore Australia from the domestic firm Santos Ltd. As per the initial agreement, signed in late October, Eni...
(EIA) Oil and Gas Stock Outlook – October 2011 – Industry Outlook
OUTLOOK
Crude Oil
Mounting worries about Europe’s debt crisis, a persistently weak U.S. jobs market and less-than-encouraging guidance from the Federal Reserve have been weighing on investor sentiment, weakening oil prices to around $85...
(RIG) Transocean Update Shows Higher Dayrates
Offshore drilling giant Transocean Ltd. (RIG) recently issued a monthly ‘Fleet Update Summary’ covering the company’s drilling rig status and contract information. As per the report, Transocean secured...
(E) Eni SpA Commences Appaloosa Oil Flow
Italian oil major Eni SpA (E) announced the start-up of oil production from the Appaloosa field in the deepwaters of the U.S. Gulf of Mexico (GoM). This follows the Nikaitchuq field start-up in Alaska earlier...
(STO) Statoil ASA Awarded Contract for Subsea Compression
Statoil ASA (STO) has awarded a contract to Aker Solutions for subsea compression topside modifications on the Statoil-operated Asgard A and B platforms in the North Sea. The contract is worth NOK 650 million...
(XOM) Exxon Mobil Makes Giant Gulf of Mexico Discovery
Exxon Mobil Corporation (XOM) announced the discovery of oil and gas in three major blocks in the deepwater Gulf of Mexico, marking the company’s first deepwater exploration since the end of the drilling...
(STO) Statoil ASA to Offload Gassled Stake
Statoil ASA (STO) announced plans to divest majority of its stake in the Gassled joint venture for 17.35 billion kroner, or about $3.25 billion, in an effort to streamline its portfolio. The deal is subject...
(BP) BP Plc on Track to Meet Rumaila Target
BP Plc (BP) and its partner China National Petroleum Corp. (“CNPC”) are on track to meet their preliminary target of a 10% rise in output from the Rumaila oilfield by the end of this month. The growth in...
(CVX) Chevron Plans $7.5 Billion Gulf of Mexico Drilling Investment
U.S. energy behemoth Chevron Corp. (CVX) has approved a multibillion-dollar deepwater project in the Gulf of Mexico (“GoM”), just days after the federal government decided to lift its...
(E) Eni Brings Offshore Gas Platform Online
Eni SpA (E) is currently busy with its offshore gas production initiatives. The company said yesterday that it has started production at its offshore platform “Annamaria B”, located off the coast between...
(E) Eni SpA Analysts Downgrade The Stock
We are downgrading Eni SpA (E) ADRs to Underperform from Neutral. Our primary concerns for the company are the lack of a clear dividend policy, a declining dividend yield trend, cyclical low returns, threat...
(FTI) FMC Technologies Wins Oil Drilling Subsea Deal
Oil drilling equipment maker FMC Technologies Inc. (FTI) announced a $62 million contract from Norway-based oil and gas company StatoilHydro ASA (
9Mar2010 | vitalstocks | 0 comments | Continued(E) Eni SpA’s Earnings Surpass Consensus Estimates
Eni SpA (E) reported its fourth quarter earnings per ADR of €0.76 ($1.12), compared to €1.08 ($1.42) in the year-earlier quarter and the Zacks Consensus Estimate of $1.06. An increased production volume...
(E) Eni SpA Joins New Venture in Venezuela
Eni SpA (E) joins with Venezuela’s state-owned oil firm PDVSA for a joint venture that will start producing heavy crude oil in the country’s Orinoco region. The joint venture is planning to start construction...
(E) Eni SpA ADRs Initiated at Neutral by Analysts
We have initiated coverage on Eni SpA ADRs (E) with a Neutral recommendation and a $53 target price, as we believe that it will perform in line with the industry. Based in Rome, Italy, Eni SpA with its consolidated...
(E) Eni SpA Acquiring Heritage Oil Assets in Uganda
Eni SpA (E) has entered into a definitive agreement with Heritage Oil to purchase a 50% interest and operatorship in blocks 1 and 3A in Uganda for a total consideration of $1.35 billion. There is a provision...
(E) ENI Buys Uganda Blocks From Heritage Oil
ENI S.p.A (E) entered into a definitive agreement with Heritage Oil to buy the latter’s 50% interest in blocks 1 and 3A in Uganda . Total consideration for the contract is $1.35 billion....
(RDSA) This Small Oil Producer is Ripe for a Takeover – Here’s How to Profit
by Sheena Martin, Contributing Editor
Friday, November 20, 2009
Takeovers...
(REP) Repsol YPF S.A. Confirms Gas in Venezuela
Following the test on recently found gas resource in the shallow waters of the Gulf of Venezuela, Repsol YPF S.A. (REP) confirmed reserves of between 5.6 trillion and 7.8 trillion cubic feet of gas. With an estimated area of 33 square kilometers, it is the...
(E) Eni SpA Wins Contract in Iraqi Oil Field
A consortium, led by Eni SpA (E) was awarded the license to develop the giant Zubair oil field in Iraq. Eni, which is the operator, will have a participation of 40% in the consortium, subject to adjustments. The other members include Occidental Petroleum...
(BP) America and Europe Join Forces on Natural Gas – Here Are The Companies Set To Profit
by Tony Daltorio, Investment U Research
Is the natural gas market ever going to emerge from the doldrums?
With the global recession still marking its territory across the world, demand has dropped, sending natural gas prices plummeting from last year’s...
(A) Fewer Revisions, But Still Positive – Earnings Trends
Key Points:
Growth
- Third quarter expected to be down 23.8% year-over-year
- Fourth quarter to more than double year ago, but it is all in the Financials
- 2009 total net income expected to fall 7.3%, but rise 23.8%...
3Oct2009 | vitalstocks | 0 comments | Continued
(REP) Repsol YPF S.A. Strikes Gold in Venezuela
Repsol YPF S.A. (REP) recently found a huge gas resource in shallow waters of the Gulf of Venezuela. The largest integrated oil and gas company in Spain said that the offshore field had an estimated area of 33 square kilometers and was 60 meters deep.