(XOM) ExxonMobil Joins PetroChina in Iraqi West Qurna Oilfield Venture
China’s largest oil and gas producer – PetroChina – is interested in joining Texas-based ExxonMobil Corporation (XOM), for the development of West Qurna oilfield in southern Iraq. Both parties are yet...
View Article(EEP) Enbridge Energy Partners LP Brings Bakken Pipeline Online
Texas-based Enbridge Energy Partners LP (EEP) and its project partner Enbridge Income Fund have completed their Bakken crude pipeline expansion project, which forms a part of the partnership’s Bakken...
View Article(E) Eni SpA in $4.21 Billion Deal with China National Petroleum Corporation
Italian energy giant Eni SpA (E) has inked a $4.21 billion deal with China National Petroleum Corporation (CNPC) for divesting a stake of about 20% in Area 4, offshore Mozambique. CNPC farmed into the...
View Article(VLO) Valero Energy Poised At Neutral
We reaffirmed our Neutral recommendation on the largest North American independent refiner and marketer of petroleum products Valero Energy Corporation (VLO), on May 14, 2013. Riding on growth in...
View Article(SM) SM Energy Prices Notes Worth $500 Million
Independent oil and gas company, SM Energy Company (SM) has recently announced the pricing of senior unsecured notes aggregating $500 million. These notes with a coupon rate of 5% are to be issued at...
View Article(TLM) Talisman Energy Strikes Oil in Vietnam
Canadian energy explorer, Talisman Energy Inc. (TLM) recently declared first oil production from fields at the Hai Su Trang (HST) and Hai Su Den (HSD) development, located offshore Vietnam. The HST and...
View Article(EPD) Enterprise Products Partners, L.P. Poised at Neutral
We reaffirmed our Neutral recommendation on leading master limited partnership Enterprise Products Partners, L.P. (EPD), on May 20, 2013. Riding on growth from record throughput volumes in its...
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