UPDATE - Hurricane Earl closes in on U.S. East Coast
2010-09-03 04:05:21
Keywords: United States,Major Breaking News,Weather Markets / Weather,Natural Disasters,Energy,Crude Oil,Refined Products,Utilities,Natural Gas,Marine Services,Insurance,Financials,Airline Services,Bermuda,Canada,Oil / Gas Exploration / Production,Colombia,Energy I
Quote: [ID:nN02195719] Exxon Mobil (XOM.N) said it had pulled nonessential staff
from its Sable field in offshore Nova Scotia. [ID:nN02238430] The U.S. Energy Information Administration said about 1.1
million barrels per day (bpd) of oil refining capacity lies in
the likely U.S. affected area. [ID:nWNA8910] At least 100,000 people were ordered to evacuate from North
Carolina's Outer Banks islands as Earl approached the Atlantic
shore. It was one of the biggest storms to menace the state
since Hurricane...
Read articleOil explorer Kosmos considers IPO - FT
2010-09-03 04:05:20
Keywords: Invesment Management and Fund Operators,Financials,Private Equity Funds,United States,Oil / Gas Exploration / Production,Ghana,Africa,United Kingdom,Western Europe,Europe,Banking / Investment Services,Financials,Investment Banking / Investment Services,Fu
Quote: Read articleWind, rain from Hurricane Earl buffet North Carolina
2010-09-03 04:05:19
Keywords: United States,Major Breaking News,Weather Markets / Weather,Natural Disasters,Energy,Crude Oil,Refined Products,Utilities,Natural Gas,Marine Services,Insurance,Financials,Airline Services,Bermuda,Canada,Oil / Gas Exploration / Production,Colombia,Energy I
Quote: [ID:nN02195719] Exxon Mobil (XOM.N) said it had pulled nonessential staff
from its Sable field in offshore Nova Scotia. [ID:nN02238430] The U.S. Energy Information Administration said about 1.1
million barrels per day (bpd) of oil refining capacity lies in
the likely U.S. affected area. [ID:nWNA8910] At least 100,000 people were ordered to evacuate from North
Carolina's Outer Banks islands as Earl approached the Atlantic
shore. It was one of the biggest storms to menace the state
since Hurricane...
Read articleEnergy Stocks: Energy stocks snap recent losing streak
2010-09-02 03:47:45
Keywords: Markets|U.S. & Canada, XOI, ARCA OIL INDEX, DJIA, Dow Jones Industrial Average, XOM, Exxon Mobil Corp, CVX, Chevron Corp, XOI, ARCA OIL INDEX, XNG, ARCA NATURAL GAS, OSX, Philadelphia Oil Service Sector Index, RDC, Rowan Companies Inc, MEE, Massey Ene
Quote: DJIA components Exxon Mobil/quotes/comstock/13*!xom/quotes/nls/xom(XOM60.91,+1.80,+3.05%) and Chevron/quotes/comstock/13*!cvx/quotes/nls/cvx(CVX76.77,+2.69,+3.63%) rose 3% and 4% respectively.Outpacing gains in the broad equities market, the NYSE Arca Oil Index/quotes/comstock/10t!xoi.x(XOI963.51,+37.63,+4.06%) rose 4% to 966.The gauge of major oil producers has been down for 14 of the past 17 trading sessions on dimming investor hopes for a robust recovery from the recession.Crude oil for Octob...
Read articleEnergy Stocks: Energy stocks rally after losing streak
2010-09-02 03:47:44
Keywords: Markets|U.S. & Canada, XOI, ARCA OIL INDEX, DJIA, Dow Jones Industrial Average, XOM, Exxon Mobil Corp, CVX, Chevron Corp, XOI, ARCA OIL INDEX, XNG, ARCA NATURAL GAS, OSX, Philadelphia Oil Service Sector Index, RDC, Rowan Companies Inc, MEE, Massey Ene
Quote: DJIA components Exxon Mobil/quotes/comstock/13*!xom/quotes/nls/xom(XOM60.91,+1.80,+3.05%) and Chevron/quotes/comstock/13*!cvx/quotes/nls/cvx(CVX76.77,+2.69,+3.63%) rose 3% and 4% respectively.Outpacing gains in the broad equities market, the NYSE Arca Oil Index/quotes/comstock/10t!xoi.x(XOI963.51,+37.63,+4.06%) rose 4% to 966.The gauge of major oil producers has been down for 14 of the past 17 trading sessions on dimming investor hopes for a robust recovery from the recession.Crude oil for Octob...
Read articleDining Out Just Got Easier for ExxonMobil Cardholders
2010-09-01 10:13:32
Keywords: Dining Out Just Got Easier for ExxonMobil Cardholders, xom
Quote: Read articleExxon Mobil's Downstream Profits Restored
2010-09-01 10:13:32
Quote: We recommend the common stock of Exxon Mobil (XOM) as a Contrarian Buy with unlevered appreciation potential of 40% to a McDep Ratio of 1.0 where stock price would equal Net Present Value (NPV) of $89 a share. Second quarter results released today displayed a reassuring recovery in downstream oil and chemical profits. The most distinctive advantage XOM has over its integrated oil industry peers is greater concentration on natural gas, the most rapidly growing large scale energy source, a...
Read articleKey political risks to watch in Ghana
2010-09-01 10:13:31
Keywords: Ghana,Africa,Emerging Market Countries,Government / Politics,Economic Events / Macroeconomics,Monetary / Fiscal Policy / Policy Makers,Debt / Fixed Income Markets,National Government Debt,New Issues,General News,Crude Oil,Cocoa,Precious Metals / Minerals,
Quote: Read articleShell, Exxon selling North Sea Corvette assets
2010-09-01 10:13:30
Keywords: Integrated Oil / Gas,Energy,United Kingdom,Western Europe,Europe,United States,Mergers / Acquisitions / Takeovers,Natural Gas,Energy,Oil / Gas,North Sea Crudes,Netherlands,Oil - Related Services / Equipment,Securities International News Service (Reuters),
Quote: HOUSTON/NEW YORK, Sept 1 |Wed Sep 1, 2010 8:45am EDT
HOUSTON/NEW YORK, Sept 1 (Reuters) - Royal Dutch Shell Plc
(RDSa.L) and Exxon Mobil Corp (XOM.N) plan to sell their
interest in the Corvette field and platform in the North Sea,
Shell said on Wednesday. The field, which has an ultimate recovery of around 200
billion cubic feet of natural gas equivalent, came on-stream in
1999 and has produced through two wells drilled from a single
platform, according to data on a Schlumberger Ltd (SLB.N)
webs...
Read articleGoldman swims downstream for PetroAlgae IPO
2010-08-31 10:14:09
Keywords: Goldman swims downstream for PetroAlgae IPO, c,gs,palg.ob,tyr.l,ubsn.vx,xom, pe-and-hedgefunds,ipos
Quote: Read articleINSIGHT-Goldman swims downstream for PetroAlgae IPO
2010-08-31 10:14:09
Keywords: Investment Banking and Brokerage Services,Financials,Funds,Banking Services,Financials,United States,Renewable Fuels,Banks,Investment Services - Diversified,Integrated Oil / Gas,Energy,Banking / Investment Services,Renewable Energy,Biofuels,Debt Internati
Quote: But PetroAlgae is by no means a leader in the field.
And unlike one of its rivals, it doesn't have dollars flowing
its way from Exxon Mobil Corp (XOM.N), which is expecting to
pump $600 million into the emerging industry. Rather, PetroAlgae's main backer is an $800 million New
York hedge fund, Laurus Capital Management, run by brothers
Eugene and David Grin, who are best known for investing in
private placements of cash-strapped micro-cap companies. The IPO could help the brothers and their inve...
Read articleCompany seeks quick hearing on wide loads in Idaho
2010-08-30 03:03:10
Keywords: Company seeks quick hearing on wide loads in Idaho, cop,xom, legal-matters
Quote: Additional delays could keep the trucks in Lewiston until early next year, forcing repairs and upgrades at the refinery to be postponed until next summer."If the shipments do not commence without delay, ConocoPhillips likely will suffer financial losses in excess of $9 million and will have its Billings refinery significantly compromised," Stidham wrote.The company also contends Bradbury's ruling creates new and conflicting interpretations of IDT's regulations that should be resolved quickly bec...
Read articleUPDATE - Conoco seeks quick hearing on Idaho highway ban
2010-08-30 03:03:08
Keywords: Crude Oil,Refined Products,Energy,United States,Integrated Oil / Gas,Commodities Markets,Energy Markets,Energy,Oil / Gas,Canada,Company News item,Economic news, EC, business/financial pages,
Quote: Imperial Oil (IMO.TO) and Exxon Mobil Corp (XOM.N) want to
use the highway to move equipment needed to develop the $8
billion Kearl oil sands project in Alberta. Imperial has
declined to discuss the possible effect of the Conoco case on
the Kearl project.(Editing by Gary Hill)......
Read articleAramco, Exxon to refit Yanbu plant in 2013 -source
2010-08-30 03:03:07
Keywords: Saudi Arabia,Middle East,United States,Refined Products,Emerging Market Countries,Gasoline,Integrated Oil / Gas,Asia/Pacific,Commodities Markets,Energy Markets,Energy,Energy,Energy International News Service (Reuters),Company News item,Economic news, EC,
Quote: Sat Aug 28, 2010 6:28am EDT
* Aramco, Exxon to shut refinery for clean fuel project* Clean fuel project to come online in 2013 * Shutdown to last 4-5 weeks, says industry source * Firms investing $2.5 bln to cut sulphur emissions KHOBAR, Saudi Arabia, Aug 28 (Reuters) - Saudi Aramco and
Exxon Mobil (XOM.N) plan to shut their 400,000 barrels per day
(bpd) Yanbu refinery in 2013 to bring on stream a new clean fuel
project, an industry source said on Saturday. Exxon and Aramco are investing $2.5 b...
Read articleNigeria's reform plans for domestic power sector
2010-08-27 07:14:12
Keywords: Nigeria,Africa,Emerging Market Countries,Utilities,Natural Gas,Energy,Crude Oil,Government / Politics,Banking Services,Financials,Funds,Central Banks / Central Bank Events,Elections / Voting,Commodities Markets,Energy Markets,Economic news, EC, business/f
Quote: Read articleHow To Make Money In Overlooked, Small Cap Stocks
2010-08-27 07:14:10
Keywords: small cap stocks, large cap stocks, Perritt Capital, investing, microcaps
Quote: Read articleChalmette to shut 3 units, save $8 mil/month -sources
2010-08-27 07:14:09
Keywords: Crude Oil,Refined Products,Energy,United States,Integrated Oil / Gas,Commodities Markets,Energy Markets,Energy,Oil / Gas,Company News item,Economic news, EC, business/financial pages,
Quote: HOUSTON |Fri Aug 27, 2010 2:10am EDT
HOUSTON Aug 27 (Reuters) - Exxon Mobil Corp's (XOM.N)
196,000 barrel per day (bpd) joint-venture Chalmette, Louisiana,
refinery will shut three units in a reconfiguration planned to
save between $8 million and $9 million per month, according to
sources familiar with the plans. The refinery, a 50-50 joint venture between Exxon and
Venezuela's national oil company PDVSA, plans to shut a
distillate hydrocracker, a gasoline reformer and a coking unit,
according t...
Read articleUPDATE - Cosan, Shell sign binding deal on ethanol venture
2010-08-26 10:06:19
Keywords: Sugar,Grains,Brazil,South / Central America,Emerging Market Countries,Mergers / Acquisitions / Takeovers,Biofuels,Crude Oil,Oil and Gas International News Service (Reuters),Fishing / Farming,Food Processing,Food processing,United States,Integrated Oil / G
Quote: Cosan has all of its sugar and ethanol mills in the
venture, as well as fuel distribution assets it bought from
Exxon Mobil Corp (XOM.N) in 2008. Shell is investing $1.6
billion in the deal, which will also take on $2.5 billion of
Cosan's debt, in addition to its 500 million reais debt to the
BNDES. ($1=1.763 reais)(Reporting by Elzio Barreto and Reese Ewing; editing by Derek
Caney and Andre Grenon)......
Read articleUPDATE - Idaho judge blocks highway for Conoco refinery work
2010-08-26 10:06:18
Keywords: Crude Oil,Refined Products,Canada,Energy,United States,Integrated Oil / Gas,Commodities Markets,Energy Markets,Energy,Oil / Gas,Company News item,Economic news, EC, business/financial pages,
Quote: The judge's ruling could also affect plans by Imperial Oil
(IMO.TO) and Exxon Mobil (XOM.N) to begin using the same
highway later this year to move equipment to the $8 billion
Kearl oil sands project in Alberta. Judge John Bradbury said the Idaho Department of
Transportation's decision to issue the permit for Conoco's use
of U.S. Highway 12 through the state violated the agency's own
regulations and was "arbitrary, capricious and an abuse of
discretion." A contractor hired by Conoco was schedule...
Read articleExxonMobil Selected as Exclusive Lubricants Supplier to Camping World
2010-08-26 10:06:17
Keywords: ExxonMobil Selected as Exclusive Lubricants Supplier to Camping World, xom
Quote: for ExxonMobilLubricants & Petroleum Specialties Company, a division of Exxon MobilCorporation. “We pride ourselves on offering a range of products thatmeets the needs of all of our customers, and we’re confident that ourpartnership with Camping World will help RV owners around the countryachieve long engine life, not only for their RVs, but also for the carsand pickup trucks used to pull towable trailers.â€RV owners and enthusiasts have always had a strong association to thera...
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