Foreign Oil News: Royal Dutch Shell plc (ADR) (RDS.A)’s Extracted Bid, Total SA (ADR) (TOT)’s Agreement & Petroleo Brasileiro Petrobras SA (ADR) (PBR)’s Options Chain

Page 1 of 2

Editor’s Note: Related tickers: Royal Dutch Shell plc (ADR) (NYSE:RDS.A), Total SA (ADR) (NYSE:TOT), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Chevron Corporation (NYSE:CVX)

Vitol Sells Urals at Lower Price; Surgut Awards September Tender (BusinessWeek)
Vitol Group sold Russian Urals blend at a lower price than the previous trade, the first transaction in 10 days in the Mediterranean. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) withdrew its earlier bid for North Sea Forties crude. OAO Surgutneftegas sold five cargoes of 100,000 metric tons each for loading in September from the Baltic Sea ports via a tender to Total SA (ADR) (NYSE:TOT), Eni SpA and China International United Petroleum & Chemical Corp., known as Unipec., according to three traders who participate in the market, asking not to be identified as the information is confidential.

Total SA (ADR) (NYSE:TOT)

Total to Buy Chevron Egypt Operations With Beltone Funds (Bloomberg)
Total SA (ADR) (NYSE:TOT) said it reached an agreement to buy Chevron Corp. (CVX)’s Egypt retail and aviation businesses, the company’s second acquisition in Egypt this year. The French oil company and Beltone Private Equity managed funds will acquire 66 service stations, two oil depots and aviation fuel operations at the Cairo and Marsa Alam airports, according to a joint e-mailed statement today. The deal is set to make Total Egypt the biggest marketing and services subsidiary of its parent company outside Europe.

September 6th Options Now Available For Petroleo Brasileiro (PBR) (Forbes)
Investors in Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) saw new options begin trading today, for the September 6th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the PBR options chain for the new September 6th contracts and identified one put and one call contract of particular interest. The put contract at the $13.50 strike price has a current bid of 20 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $13.50, but will also collect the premium, putting the cost basis of the shares at $13.30 (before broker commissions).

EU will approve Nynas’s Royal Dutch Shell deal (IVCPost)
The oil refiner earlier announced its 100,000 barrels per day (BPD) deal in 2011. EU decided to do a detailed investigation to determine whether Nyna’s deal with Royal Dutch Shell plc (ADR) (NYSE:RDS.A) would break antitrust laws and would solely produce naphthenic oils for the European market. Naphthenic oils are the basic materials to products like metalworking fluids, anhesives, and ink, among others. Both companies are awaiting regulatory approval from EU. Nynas was founded as a national oil company in Sweden and is known for its specialty in naphthenic oil and asphalt products. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) is a UK-Dutch multinational company with headquarters in the Netherlands and delves in the business of oil and gas.

Total S.A. Oil & Gas Exploration and Production Operations and Cost Analysis – Q1, 2013 (SBWire)
Reportstack, provider of premium market research reports announces the addition of Total SA (ADR) (NYSE:TOT) Oil & Gas Exploration and Production Operations and Cost Analysis – Q1, 2013 market report to its offering Total S.A. Oil & Gas Exploration and Production Operations and Cost Analysis – Q1, 2013 …Total SA (ADR) (NYSE:TOT) Oil & Gas Exploration and Production Operations and Cost Analysis is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the operational and financial performance of the company. The report is an essential source for key operational data, analysis and strategic insight into company.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!