Milestone Achievements, Program Expansions, Strategy Updates, and Report Publications - Research Report on ExxonMobil, Chevron, Encana, Statoil, and PetroChina

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Sep 18, 2013, 08:00 ET

NEW YORK, September 18, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), Encana Corporation (NYSE: ECA), Statoil ASA (NYSE: STO), and PetroChina Company Limited (NYSE: PTR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Exxon Mobil Corporation Research Report

On September 13, 2013, Exxon Mobil Corporation (ExxonMobil) announced that its Point Thomson project has completed a number of infrastructure milestones during the summer of 2013, as part of an ongoing commitment to Alaska's energy future. Gina Dickerson, Senior Project Manager at Point Thompson stated, "ExxonMobil is strongly committed to hiring Alaskans and, with its contractors, employed more than 1,100 Alaskans during the 2013 winter work season." Dickerson further said, "Point Thomson's infrastructure can help unlock the eastern portion of the North Slope for expanded exploration and development activity. Along with our contractors and partners, we're very proud to be building a project on the North Slope that will significantly contribute to realizing Alaska's full energy potential." According to the Company, the Point Thomson Unit is estimated to hold 25% of known North Slope natural gas and is designed to initially produce 10,000 barrels/day of condensate at startup in the winter of 2015/2016. The Full Research Report on Exxon Mobil Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/36c4_XOM]

Chevron Corporation Research Report

On August 29, 2013, Chevron Corporation (Chevron) announced the expansion of its Fuel Your School Program, an innovative collaboration between Chevron and DonorsChoose.org that is designed to help meet the critical need for classroom funding in various communities where Chevron operates. According to the Company, the program has expanded to 14 U.S. communities in fall 2013, from nine communities in 2012. Commenting on the expansion, Dale Walsh, President of Chevron Americas stated, "Effective education in the STEM subjects-science, technology, engineering and math-can help prepare bright young students to be the engineers, geologists and doctors of the future, driving innovation and economic growth. Fuel Your School provides teachers with essential tools and resources, including hands-on project materials that often do not receive funding from traditional sources. These resources are critical to spurring students' interest in and understanding of the STEM subjects." The Full Research Report on Chevron Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d042_CVX]

Encana Corporation Research Report

On September 12, 2013, Doug Suttles, President and CEO of Encana Corporation (Encana) provided an update on the Company's strategy development process at the Barclays CEO Energy-Power Conference in New York City. According to a Company press release issued earlier on the same day, Encana's strategy will focus on four core competencies: Resource Identification, Market Fundamentals, Capital Allocation, and Operational Excellence. "Over the coming weeks, we will be finalizing our strategy and building our implementation plans. Many of the building blocks for success are in place, but in several areas significant change is required," said Suttles. "I am confident that the organization is ready for what lies ahead and I'm fully committed to driving the necessary change that will get Encana back to winning." The Full Research Report on Encana Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/01ac_ECA]

Statoil ASA Research Report

On September 12, 2013, Statoil ASA (Statoil) announced the publication of the investigation report on the In Amenas terrorist attack that took place on January 16, 2013, where 40 people were killed including five Statoil employees. According to the Company, an investigation was launched on February 26, 2013, and the investigation team submitted its report on September 9, 2013, which was discussed by the Company's Board on September 11, 2013. Svein Rennemo, Chair of Statoil's Board, commented, "The report provides the basis for learning that we requested. And the report supports and underpins the necessity of the improvement efforts initiated in the company. We will see a broad-scale strengthening of Statoil's organisation, systems and practice within security." As per Statoil, the report provides 19 recommendations within the areas of security at In Amenas and other facilities in Algeria, organisation and capabilities, security risk management systems, emergency preparedness and response, and cooperation and networks. Statoil stated that it will now ensure that the recommendations are integrated, while its Board stated that it has endorsed the improvement programme, and will continuously follow up programme implementation and consider the need for further measures. The Full Research Report on Statoil ASA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d198_STO]

PetroChina Company Limited Research Report

On September 11, 2013 PetroChina Company Limited (PetroChina) notified its shareholders of the publication of the 2013 Interim Report (Current Corporate Communications). According to PetroChina, both English and Chinese versions of the Company's Current Corporate Communications are available at its website and the website of HKExnews. The Company also informed that shareholders may at any time choose to receive free-of-charge Corporate Communications either in printed form, or read the website version. Also, shareholders may call the Company's hotline for any queries from Monday to Friday, between business hours 9:00 a.m. to 6:00 p.m. The Full Research Report on PetroChina Company Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/dc96_PTR]

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