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Zacks News
Halliburton (HAL) to Deploy UEM Solution at Norway's Maria Field
by Zacks Equity Research
Halliburton's (HAL) UEM technology allows Wintershall Dea to use both static and dynamic data in real time for a comprehensive understanding of subsurface conditions and to enrich its reservoir models.
Chevron (CVX) Suspends Wheatstone LNG Project for Repairs
by Zacks Equity Research
Chevron's (CVX) Wheatstone LNG project in Australia halts due to fuel system repairs, affecting LNG and domestic gas supply and raising concerns about long-term reliability.
Shell (SHEL) and Ceres to Scale Up Green Hydrogen Production
by Zacks Equity Research
Shell (SHEL) and its partner Ceres Power are set to leverage the data and insights gained from the 1MW demonstration project to design the new solid oxide electrolyser (SOEC) module.
Noble (NE) to Acquire Diamond Offshore, Expand Drilling Fleet
by Zacks Equity Research
Noble's (NE) merger with Diamond Offshore (DO) is expected to position the former as a leader in offshore drilling services, owning a giant fleet of 41 rigs and a contract backlog of $6.5 billion.
Oceaneering (OII) Clinches $120-$183M Contracts With Petrobras
by Zacks Equity Research
Oceaneering (OII) secures major contracts with Petrobras, boosting revenues by $120-$183 million, and supplying critical subsea technology for offshore oil operations.
BP Enforces Stricter Workplace Relationship Disclosure Rules
by Zacks Equity Research
BP has tightened its conflict-of-interest policy, requiring employees to disclose any intimate workplace relationships or face potential dismissal, following the high-profile exit of former CEO Bernard Looney.
Petrobras (PBR), Baker Hughes Ink Well Construction Contract
by Zacks Equity Research
Petrobras (PBR) partners with Baker Hughes to enhance offshore oil operations in Brazil, boosting efficiency and service starting in 2025.
Are Oils-Energy Stocks Lagging Archrock (AROC) This Year?
by Zacks Equity Research
Here is how Archrock Inc. (AROC) and Enterprise Products Partners (EPD) have performed compared to their sector so far this year.
Phillips 66 (PSX) Launches Open Season for Blue Line System
by Zacks Equity Research
Phillips 66 (PSX) announces the launch of a 30-day open season for the Blue Line System, inviting shippers to secure long-term LPG transport services between Kansas, MO, and Illinois.
Diversified Energy (DEC) Acquires Accretive Assets Worth $377M
by Zacks Equity Research
Diversified Energy's (DEC) acquisition includes assets that currently produce approximately 122 million cubic feet equivalent per day and have PDP reserves of 510 billion cubic feet equivalent.
Enbridge (ENB) Gas Faces Union Backlash Over Toronto Shift Cuts
by Zacks Equity Research
Enbridge's (ENB) gas unit's plan to cut emergency response shifts in Toronto has led to concerns from Unifor, a leading labor union, which warns of increased risks and delayed interventions.
Petrobras (PBR), Vallourec Team Up for Offshore Development
by Zacks Equity Research
Petrobras (PBR) extends a contract with Vallourec for GRE-lined carbon steel tubes and accessories for offshore drilling in Brazil's Campos Basin.
Chevron's (CVX) Rig-to-Reef Strategy Receives Green Backlash
by Zacks Equity Research
Chevron (CVX) plans to decommission its nine oil and gas platforms off the Pilbara Coast by creating artificial reefs out of the eight set-ups, and removing and recycling the ninth one.
Repsol (REPYY) Advances KBD Gas Field Development in Indonesia
by Zacks Equity Research
Repsol (REPYY) awards the FEED contract tender for Kali Berau Dalam gas field development to Synergy Engineering. The project is advancing per schedule, according to SKK Migas.
ExxonMobil's (XOM) Golden Pass LNG Project Faces Six-Month Delay
by Zacks Equity Research
ExxonMobil (XOM) and QatarEnergy's ambitious Golden Pass LNG project faces a significant delay after contractor issues, pushing the expected startup of key LNG trains to late 2025 and early 2026.
Petrobras (PBR) Divests 30% Stake in Brentech to Enegen
by Zacks Equity Research
Petrobras (PBR) sells a 30% stake in Brentech Energia to Enegen for approximately $2 million, aligning with decarbonization goals by focusing on natural gas.
Here's Why Archrock Inc. (AROC) Fell More Than Broader Market
by Zacks Equity Research
In the most recent trading session, Archrock Inc. (AROC) closed at $18.87, indicating a -1.46% shift from the previous trading day.
Diamondback (FANG) JV Acquires New Water Infrastructure Assets
by Zacks Equity Research
Diamondback's (FANG) joint venture, Deep Blue Midland Basin's new acquisition underscores its commitment to sustainable water management practices in the Midland Basin.
Chevron (CVX) Extends Shelf Drilling Contract Till 2026
by Zacks Equity Research
Chevron's (CVX) Angola subsidiary Cabinda Gulf Oil Company to keep the Shelf Drilling Tenacious jack-up rig under contract till February 2026 for drilling operations offshore West Africa.
Suncor (SU) Sued by Environmentalists for Air Pollution
by Zacks Equity Research
Suncor (SU) sue by environmentalists for air pollution violations under the U.S. Clean Air Act at its Commerce City refinery from 2019-23.
BP Taps Seatrium for Early Engineering on Gulf of Mexico FPU
by Zacks Equity Research
BP selects Singapore's Seatrium to handle early engineering for its new floating production unit in the Gulf of Mexico, marking a significant step forward in the Kaskida project.
Eni's (E) Versalis and Crocco Team Up for Eco-Friendly Packaging
by Zacks Equity Research
Eni's (E) Versalis and Crocco join forces to revolutionize food packaging with chemically recycled materials, marking a leap toward enhancing sustainability in the retail market.
Transocean (RIG) Secures Major Contract Extensions Worth $161M
by Zacks Equity Research
Transocean's (RIG) contract extensions for its semisubmersible rigs reinforce its confidence in the high-specification harsh environment market's positive outlook.
TC Energy's (TRP) Liquids Pipeline Spin-Off Creates New Player
by Zacks Equity Research
TC Energy (TRP) spins off its liquids pipeline business to reduce debt and focus on natural gas.
Archrock, Inc. (AROC) is Attracting Investor Attention: Here is What You Should Know
by Zacks Equity Research
Zacks.com users have recently been watching Archrock Inc. (AROC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.