Company Overview and News

 
Macri juggling act entangles Argentina's answer to the Permian

2017-11-28 worldoil
After a win in the Oct.-22 midterm elections, President Mauricio Macri unveiled reforms to trim a fiscal deficit seen ending 2017 at about 4% of gross domestic product. The result: Macri will spend less on a subsidy that natural gas drillers depended on for their shale projects. While new wells qualify, it’ll be tough for those in production to get the higher prices.
Upvote Downvote

 
Shell restores full cash dividend as it emerges from slump

2017-11-28 worldoil
From this quarter, Shell will no longer offer shareholders the option to take the payout in stock, it said Tuesday. The company paid about $16 billion in dividends in the past year, of which about $4 billion was in shares. It also reiterated plans to buy back at least $25 billion of stock by 2020, subject to further debt reductions and a continued recovery in oil prices.
Upvote Downvote

 
Stock Market News For Nov 28, 2017

2017-11-28 zacks
Benchmarks turned in mixed performances on Monday as the rally in retail stocks earlier in the session petered out. Moreover, energy shares declined after oil prices fell as investors speculated that the production-cut deal would be extended by OPEC in the meeting slated for this week. Nevertheless, investors remained hopeful of a likely cut in corporate taxes and this boosted the investor sentiment.
Upvote Downvote

 
Statoil Acquires Stakes in Two Fields From Total for $1.45B

2017-11-28 zacks
Statoil ASA (STO - Free Report) has entered into an agreement with Total SA (TOT - Free Report) to acquire equity interests in two fields — Martin Linge and the Garantiana— from the latter for a total consideration of $1.45 billion. The fields are located in the Norwegian continental shelf (NCS). Statoil will acquire a 51% stake in the Martin Linge field and 40% in the Garantiana discovery. About Martin Linge Martin Linge is an oil and gas field under development.
Upvote Downvote

 
Shell Scraps Scrip Dividend, Confirms $25 Billion Buyback Plan - Bloomberg

2017-11-28 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Upvote Downvote

 
Shell cancels scrip dividend as oil market downturn eases

2017-11-28 telegraph.co.uk
Royal Dutch Shell will stop paying dividends in shares for the first time since 2015 as it seeks to demonstrate it has left the worst of the crude slump behind.
Upvote Downvote

 
Amnesty Wants Shell Probed for Nigerian Abuses in the 1990s - Bloomberg

2017-11-28 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Upvote Downvote

 
Royal Dutch Shell Vs. Suncor Energy

2017-11-27 seekingalpha
Royal Dutch Shell is the only oil major that made a big acquisition in the downturn while Suncor Energy has also grown significantly through acquisitions.
Upvote Downvote

 
Sales Growth Keeps Total (TOT) Shares a Buy

2017-11-24 investorplace
The current recommendation of Buy for Total SA (NYSE:TOT) has been derived by using the methods of Louis Navellier for investing and his Portfolio Grader stock evaluator. The current overall Portfolio Grader recommendation on the shares has changed twice in the past month, which represents a greater level of change than is typical.
Upvote Downvote

 
Hariri Marks Return With Vow to Advance Lebanon Energy Deals - Bloomberg

2017-11-23 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
Upvote Downvote

 
Major Energy Players Collaborate to Curb Methane Emission

2017-11-23 zacks
Many energy players are teaming up to curb methane emission, in order to ward off global warming. As per a recent news, three leading integrated energy players — Royal Dutch Shell plc (RDS.A - Free Report) and BP plc (BP - Free Report) and ExxonMobil Corporation (XOM - Free Report) — have joined hands for the same purpose. Earlier, Royal Dutch Shell and BP have collaborated with other oil majors for similar industry-wide cooperation on environmental issues.
Upvote Downvote

 
BP to Divest Interests in Bruce Assets to Serica Energy

2017-11-22 zacks
BP plc (BP - Free Report) has decided to divest a package of interests in the Bruce assets in the North Sea to Serica Energy plc. The company expects to conclude the sale and transfer of operatorship in the third quarter of 2018, subject to various approvals. The assets, which consist of the Bruce, Keith and Rhum fields along with three bridge-linked platforms and related subsea infrastructure, are currently operated by BP.
Upvote Downvote

 
Guess?'s (GES) CEO Victor Herrero on Q3 2018 Results - Earnings Call Transcript

2017-11-22 seekingalpha
Good day, everyone. And welcome to the Guess? Third Quarter Fiscal 2018 Earnings Conference Call. On the call are Victor Herrero, Chief Executive Officer and Sandeep Reddy, Chief Financial Officer. During today’s call, the Company will be making forward-looking statements, including comments regarding future plans, strategic initiatives, capital allocation and short and long-term financial outlook.
Upvote Downvote

1
BP to Acquire Cairn Energy's Oil Assets Offshore Senegal

2017-11-21 zacks
Per Reuters, BP plc (BP - Free Report) is planning to acquire a stake in Cairn Energy’s oil assets, located offshore Senegal. Subject to approval by the state, BP intends to buy 30% interest in Cairn Energy’s deepwater SNE field. This acquisition is likely to be valued at $600 million. However, the companies have declined to disclose details. The waters off Senegal, along with neighbors Mauritania and Gambia, have been consistently pursued by oil majors.
Upvote Downvote

 
BP Seeks Stake In Cairn Energy Senegal Assets

2017-11-20 rigzone
SYDNEY/DAKAR, Nov 20 (Reuters) - Oil exploration company, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said on Monday.
Upvote Downvote

Related Articles

RDHL: Redhill Biopharma Ltd (OTC:REDIF) Analysis and Research Report

2018-04-18 - Asif

History and Development of the Company The company's legal and commercial name is RedHill Biopharma Ltd. The company's company was incorporated on August 3, 2009, and was registered as a private company limited by shares under the laws of the State of Israel. The company's principal executive offices are located at 21 Ha’arba’a Street, Tel Aviv, Israel. In February 2011, the company completed its initial public offering in Israel, pursuant to which the company issued 14,302,300 Ordinary Shares, and 7,151,150 tradable Series 1 Warrants to purchase 7,151,150 Ordinary Shares for aggregate gross proceeds of approximately $14 million. On December 27, 2012, the company completed the listing of its ADSs on the NASDAQ Capital Market. The company's Ordinary Shares are traded on the Tel-Aviv Stock Exchange under the symbol “RDHL,” and its ADSs are traded on the NASDAQ Capital Market under the same symbol "RDHL". The company's capital expenditures for the years ended December 31, 2...

SCYX: SCYNEXIS Analysis and Research Report

2018-04-16 - Asif

Overview SCYNEXIS, Inc. is a biotechnology company committed to positively impacting the lives of patients suffering from difficult-to-treat and often life-threatening infections by delivering innovative anti-infective therapies. SCYNEXIS is developing its lead product candidate, SCY-078, as the first representative of a novel oral and intravenous (IV) triterpenoid antifungal family in clinical development for the treatment of several serious fungal infections, including invasive candidiasis, invasive aspergillosis, refractory invasive fungal infections and vulvovaginal candidiasis (VVC). SCY-078 is a structurally distinct glucan synthase inhibitor that has been shown to be effective in vitro and in vivo against a broad range of human fungi pathogens such as Candida and Aspergillus species, including multidrug-resistant strains, as well as Pneumocystis species. Candida and Aspergillus species are the fungi responsible for approximately 85% of all invasive fungal infections in t...

ENRT: Enertopia Corp (CNSX:TOP) Analysis and Research Report

2018-04-16 - Asif

Business History Enertopia Corp. was formed on November 24, 2004 under the laws of the State of Nevada and commenced operations on November 24, 2004. From inception until April 2010, the company were primarily engaged in the acquisition and exploration of natural resource properties. Beginning in April 2010, the company began its entry into the renewable energy sector by purchasing an interest in a solar thermal design and installation company. In late summer 2013, the company began its entry into medicinal marijuana business. During its 2014 fiscal year end its activities in the clean energy sector were discontinued. During fiscal 2015 its activities in the Medicinal Marijuana sector were discontinued. During fiscal 2016 its activities in the Women’s personal healthcare sector were discontinued. The Company is actively pursuing business opportunities in the resource sector, whereby the company signed a definitive agreement for a Lithium Brine Project in May 2016. In May ...

FB: Facebook Analysis and Research Report

2018-04-15 - Asif

Overview The company's mission is to give people the power to build community and bring the world closer together. The company's top priority is to build useful and engaging products that enable people to connect and share with friends and family through mobile devices, personal computers, and other surfaces. The company also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the public at large, and stay connected everywhere by accessing its products, including: Facebook enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers. There are a number of different ways to engage with people on Facebook, the most important of which is News Feed which displays an algorithmically-ranked series of stories and advertisements individualized for each pers...

VSTM: Verastem Analysis and Research Report

2018-04-12 - Asif

Business Overview Verastem is a biopharmaceutical company focused on developing and commercializing drugs to improve the survival and quality of life of cancer patients. The company's most advanced product candidates, duvelisib and defactinib, utilize a multi-faceted approach to treat cancers originating either in the blood or major organ systems. Verastem is currently evaluating these compounds in both preclinical and clinical studies as potential therapies for certain cancers, including leukemia, lymphoma, lung cancer, ovarian cancer, mesothelioma, and pancreatic cancer. The company believe that these compounds may be beneficial as therapeutics either as single agents or when used in combination with immuno-oncology agents or other current and emerging standard of care treatments in aggressive cancers that are poorly served by currently available therapies. Duvelisib targets the Phosphoinositide 3-kinase (PI3K) signaling pathway. The PI3K signaling pathway plays a centr...

CUSIP: 00892E113