NYSE Market News

Rosneft and BP announce the completion of the transaction to sell a 20 per cent share of Taas-Yuryakh Neftegazodobycha LLC to the British company. The joint venture between Rosneft and BP based on Taas-Yuryakh Neftegazodobycha LLC will continue further development of the Srednebotuobinskoye oil and gas condensate field which is one of the largest fields […]

Shares of Pfizer (NYSE:PFE) and Allergan (NYSE:AGN) fell in premarket trading this morning following the announcement that Pfizer would merge with Allergan for a record-breaking healthcare price of $160 billion. I first heard the rumors yesterday that Pfizer  might be poised to acquire Dublin-based Allergan. It struck me as a bit odd, because I was fairly certain that […]

Construction work begins after 2 years of planning on a new power plant that could provide up to 235,000kW more electricity per day to the local grid – Important milestone in much needed redevelopment of the field – Power station to be powered by captured Rumaila gas. Basra, Iraq, 15 November: Construction work has begun […]

What are the details? Northrop Grumman Corporation (NYSE:NOC) has been selected to provide flight-critical inertial instruments on the new Cessna Citation Longitude super-midsize jet. Northrop Grumman’s LCR-100 attitude and heading reference system, as well as the LCR-100N hybrid navigation unit, have been chosen by Cessna Aircraft Company — a subsidiary of Textron Aviation Inc., a...

Company continues to refocus global petrochemical business for long-term growth HOUSTON – BP has decided to market for sale its Decatur, Ala., petrochemicals complex as part of a broader reorganization of the company’s global petrochemicals business. BP’s refocused petrochemicals strategy is pursuing a competitively advantaged portfolio through world-scale, low-cost facilities that...

What are the details Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract extension from the Jabal Omar Development Company (JODC) in connection with the Jabal Omar mixed-use development in Makkah, Saudi Arabia. The one-year contract extension has an estimated value to Hill of approximately SAR […]

Revolutionary Integrated Battle Command System Demonstrates Unprecedented Engagement on Combined Track Data From Dissimilar Radars The U.S. Army and Northrop Grumman Corporation (NYSE:NOC) achieved a major milestone for integrated air and missile defense (IAMD) when the IAMD Battle Command System (IBCS), using tracking data from Sentinel and Patriot radars, provided the command-and-control...

What are the details? BP today announced that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. The Atoll discovery (BP 100%) in the North Damietta Offshore Concession in the East Nile […]

What are the details? TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) today announced financial results for the quarter ended September 30, 2015 and provided an update on its operations. Third Quarter 2015 Highlights – Revenue of $20.2 million – Consolidated Adjusted EBITDAX from continuing operations of $14.9 million (Adjusted EBITDAX is a non-GAAP financial measure that is...

Recent big news from the US was that the Fed’s Chair Janet Yellen “sees a possible December rate rise, and a gradual hiking path”. Janet Yellen on Wednesday highlighted a possible December interest rate “lift-off” but said rates would rise only slowly from then on to nurture the U.S. economic recovery. These are her first […]