All Posts Tagged With: "CVX"

(TOT) TOTAL S.A. Gets a New Partner in Congo

Integrated oil and gas company TOTAL S.A. (TOT) and Qatar Petroleum International (QPI) signed an agreement to develop oil projects in Congo. Per the agreement Qatar Petroleum International will acquire a 15% share of Total E&P...

12Sep2013 | | Comments Off on (TOT) TOTAL S.A. Gets a New Partner in Congo | Continued

(STO) Statoil ASA to Procure FSO Unit

Norwegian major Statoil ASA (STO) announced that it would procure a floating storage and offtake (“FSO”) unit from Teekay Offshore Partners L.P. (TOO). The FSO...

22Aug2013 | | Comments Off on (STO) Statoil ASA to Procure FSO Unit | Continued

(STO) Statoil ASA U.S. Business to Drive Growth

Norwegian major Statoil ASA (STO) intends to grow in the United States with investments in oil and gas assets valued in excess of $20 billion.

Statoil has high expectations with respect to growth from these assets. In 2012,...

22Jul2013 | | Comments Off on (STO) Statoil ASA U.S. Business to Drive Growth | Continued

(XOM) U.S. Crude Supplies Fall from Record Highs

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an unexpected decrease from their all-time high level, as refiner demand strengthened and production fell. The report further revealed that product inventories – gasoline and distillate – increased...

15Jul2013 | | Comments Off on (XOM) U.S. Crude Supplies Fall from Record Highs | Continued

(CVX) Chevron Hits 52-Week High

Shares of Chevron Corp. (CVX) hit a 52-week high of $122.33 on May 2. In fact, the San Ramon, Calif.-based energy giant has seen its stock price climb some 10% since the beginning of the year. This price appreciation can be attributed...

17May2013 | | Comments Off on (CVX) Chevron Hits 52-Week High | Continued

(MHP) U.S. Crude Oil Supplies Hit Record High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped to their all-time high level, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks fell, while distillate supplies were up from the week-ago levels....

17May2013 | | Comments Off on (MHP) U.S. Crude Oil Supplies Hit Record High | Continued

(CVX) Oil and Gas Stock Outlook – May 2013 – Zacks Analyst Interviews

OUTLOOK

Crude Oil

Record-high U.S. crude stocks, a struggling European economy, worries about China’s growth outlook, and the strong dollar have weakened oil prices to around mid-$90s a barrel. Partly offsetting this unfavorable view has been the improvement in domestic...

17May2013 | | Comments Off on (CVX) Oil and Gas Stock Outlook – May 2013 – Zacks Analyst Interviews | Continued

(MGV) Vanguard Switches Indexes for 8 U.S. ETFs – ETF News And Commentary

Vanguard has been leading the ultra-cheap ETF market, and is easily the top choice for investors seeking low-cost products in many fund categories. This technique has proven to be a winning strategy for the company as investors have flocked in droves to these low cost products, giving Vanguard over...

24Apr2013 | | Comments Off on (MGV) Vanguard Switches Indexes for 8 U.S. ETFs – ETF News And Commentary | Continued

(XLE) Stock Market News for April 15, 2013 – Market News

Benchmarks closed in the red following a series of disappointing domestic reports. Major indices retreated following four days of consecutive gains. Meanwhile, quite surprisingly, retail sales fell in the month of March. Consumer sentiment declined to its lowest level in nine months in April. The...

15Apr2013 | | Comments Off on (XLE) Stock Market News for April 15, 2013 – Market News | Continued

(PCE) Stock Market News for April 1, 2013 – Market News

Benchmarks finished the last trading session of the month on a positive note. The S&P 500 finally managed to post a new all time high on Thursday. Meanwhile, the number of Americans filing for unemployment benefits increased in the previous week. GDP data revealed that the U.S. economy expanded...

11Apr2013 | | Comments Off on (PCE) Stock Market News for April 1, 2013 – Market News | Continued

(MHP) U.S. Crude Stocks Up – Fuel Stocks Drop

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged another increase to hit their highest level since June last year, as refiner demand weakened. The report further revealed that refined product inventories – gasoline and distillate – fell from their...

11Mar2013 | | Comments Off on (MHP) U.S. Crude Stocks Up – Fuel Stocks Drop | Continued

(CVX) Chevron Conducts Test at St. Malo PS003 Well in The Gulf of Mexico

U.S. oil major Chevron Corporation (CVX) announced that it carried out a production test at St. Malo PS003 well located in the deepwater Gulf of Mexico. The attempt was successful, with oil flow rate reported to be over 13,000 barrels...

5Mar2013 | | Comments Off on (CVX) Chevron Conducts Test at St. Malo PS003 Well in The Gulf of Mexico | Continued

(MHP) U.S. Domestic Crude Supplies Rise Again

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an increase, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks fell, while distillate supplies were up from the week-ago levels. Meanwhile,...

5Mar2013 | | Comments Off on (MHP) U.S. Domestic Crude Supplies Rise Again | Continued

(XHB) Stock Market News for February 26, 2013 – Market News

Benchmarks took a battering on Monday following uncertainty about the outcome of the Italian elections and a revival of euro zone concerns. The instability in the Italian government indicates European debt problems might resurface which in turn could weaken the global economy. The major indices logged...

26Feb2013 | | Comments Off on (XHB) Stock Market News for February 26, 2013 – Market News | Continued

(MHP) U.S. Domestic Crude Oil Supplies Rise

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an increase, as refinery demand weakened. The report further revealed that within the ‘refined products’ category, gasoline stocks rose, while distillate supplies were down from the week-ago levels.

The...

11Feb2013 | | Comments Off on (MHP) U.S. Domestic Crude Oil Supplies Rise | Continued

(BP) BP Gets Shah Deniz Extension Nod

BP Plc (BP) received an additional 5-year extension (2031 to 2036) from Azerbaijan related to the Shah Deniz gas project. The extension follows the company’s deferment of the start date for phase 2 of the project.

The British...

31Jan2013 | | Comments Off on (BP) BP Gets Shah Deniz Extension Nod | Continued

(CVX) Oil & Gas Stock Outlook – January 2013 – Industry Outlook

OUTLOOK

Crude Oil

High U.S. crude and fuel stocks, worries about North America and Europe’s growth outlook, a strong dollar and an impending fight over raising the U.S. debt ceiling have weakened oil prices to around low-$90s a barrel. Partly offsetting this unfavorable...

18Jan2013 | | Comments Off on (CVX) Oil & Gas Stock Outlook – January 2013 – Industry Outlook | Continued

(MLP) Tesoro Logistics Prices Unit Offer

Fuel-gatherer/transporter Tesoro Logistics L.P. (TLLP) has priced a public offering of 8,500,000 common units at $41.70 a piece, with a 30-day over-allotment option for an additional 1,275,000 units. The offering is expected to close...

16Jan2013 | | Comments Off on (MLP) Tesoro Logistics Prices Unit Offer | Continued

(XOM) U.S. Refined Product Supplies Soar

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an increase, as imports climbed and refinery demand weakened. The report further revealed that refined product inventories – gasoline and distillate – soared from their previous week levels on weakening...

15Jan2013 | | Comments Off on (XOM) U.S. Refined Product Supplies Soar | Continued

(CVX) Chevron Crude Unit to be Back in February

U.S. energy behemoth Chevron Corporation (CVX) is almost through with repair work at its Richmond, California, refinery crude unit, according to people familiar with the situation. The integrated major could bring the facility online...

15Jan2013 | | Comments Off on (CVX) Chevron Crude Unit to be Back in February | Continued

(EOG) EOG Resources to Sell Kitimat Stake

Texas-based EOG Resources Inc.’s (EOG) Canadian subsidiary – EOG Resources Canada Inc. – has signed a purchase and sale agreement with the Canadian counterpart of Chevron Corporation (CVX)....

1Jan2013 | | Comments Off on (EOG) EOG Resources to Sell Kitimat Stake | Continued

(XLE) Stock Market News for December 31, 2012 – Market News

Benchmarks ended in the red for the fifth consecutive day after fears intensified that U.S lawmakers may not be able to seal a deal on the Fiscal Cliff issue before January 1. The Dow Jones logged its longest five-day decline since July. Meanwhile, the pending home sales index jumped to its highest...

1Jan2013 | | Comments Off on (XLE) Stock Market News for December 31, 2012 – Market News | Continued

(XLF) Stock Market News for December 24, 2012 – Market News

Boehner’s “Plan B” failed to garner ample support from Republicans, dragging the benchmarks into negative territory on Friday. However, the benchmarks finished higher for the week. Both personal spending and demand for durable goods showed an upward trend in November. The financial and energy...

24Dec2012 | | Comments Off on (XLF) Stock Market News for December 24, 2012 – Market News | Continued

(CVX) Chevron, Brazil Nearing Settlement?

U.S. energy behemoth Chevron Corporation (CVX) is willing to shell out $150 million to resolve two civil lawsuits in Brazil associated with an oil leak 74 miles off the coast of Rio de Janeiro in November 2011. The civil suits –...

24Dec2012 | | Comments Off on (CVX) Chevron, Brazil Nearing Settlement? | Continued

(DEJ) Dejour farms out development of West Grand Valley

Dejour farms out development of West Grand Valley

By Steven Ralston, CFA

Dejour Energy (DEJ) announced the execution of an agreement to sell and farm-out approximately...

10Dec2012 | | Comments Off on (DEJ) Dejour farms out development of West Grand Valley | Continued

(XOM) U.S. Crude Oil Drilling Production at 18-Yr High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as production climbed to its highest level in 18 years. The report further revealed that refined product inventories – gasoline and distillate – decreased from their previous week levels, as demand...

3Dec2012 | | Comments Off on (XOM) U.S. Crude Oil Drilling Production at 18-Yr High | Continued

(XLE) Stock Market News for November 19, 2012 – Market News

Markets finally finished in the green on Friday after Congressional leaders hinted that the “fiscal cliff” meeting with President Barack Obama had gone well. Benchmarks have taken a battering ever since this problem came to the forefront, but a positive outcome on Friday instantly steered the...

30Nov2012 | | Comments Off on (XLE) Stock Market News for November 19, 2012 – Market News | Continued

(XOM) U.S. Crude Oil and Fuel Supplies Fall

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged a surprise decline, as imports fell. The report further revealed that refined product inventories – gasoline and distillate – decreased from their previous week levels. Meanwhile, refiners scaled up...

27Nov2012 | | Comments Off on (XOM) U.S. Crude Oil and Fuel Supplies Fall | Continued

(XOM) U.S. Refined Petroleum Products Inventory Increased

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as production climbed. The report further revealed that refined product inventories – gasoline and distillate – increased from their previous week levels. In particular, gasoline supplies in the...

9Nov2012 | | Comments Off on (XOM) U.S. Refined Petroleum Products Inventory Increased | Continued

(DD) Stock Market News for October 24, 2012 – Market News

Benchmarks suffered heavy losses on Tuesday following weak quarterly results from DuPont and United Technologies. Meanwhile, the Dow suffered its biggest decline since June 21. Also, more blue-chip companies slashed their forecasts for the rest of this year. The energy and material sectors were the...

4Nov2012 | | Comments Off on (DD) Stock Market News for October 24, 2012 – Market News | Continued