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Zacks News
Is Trending Stock Archrock, Inc. (AROC) a Buy Now?
by Zacks Equity Research
Recently, Zacks.com users have been paying close attention to Archrock Inc. (AROC). This makes it worthwhile to examine what the stock has in store.
ExxonMobil Begins Installing Fourth FPSO to Tap Guyana's Reserves
by Zacks Equity Research
XOM's fourth FPSO, One Guyana, has arrived, setting the stage for a major output boost from the Yellowtail field by year-end.
Eni and YPF Join Forces to Fast-Track Argentina's LNG Exports
by Zacks Equity Research
E signs a MoU with YPF to jointly evaluate a major LNG export project in Argentina. The project is aimed at tapping the Vaca Muerta shale to meet rising global gas demand.
Halliburton & Nabors Unveil First Automated Drilling in Oman
by Zacks Equity Research
HAL and Nabors' collaboration in Oman delivers first automated drilling solutions, improving operational efficiency, penetration rates and reducing non-productive time.
Shell Signs Deal to Explore Bulgaria's Black Sea for Oil and Gas
by Zacks Equity Research
SHEL signs an exploration deal with Bulgaria's government for oil and gas in the Black Sea, taking a step forward toward the nation's energy independence.
Why the Market Dipped But Archrock Inc. (AROC) Gained Today
by Zacks Equity Research
Archrock Inc. (AROC) closed the most recent trading day at $23.54, moving +0.77% from the previous trading session.
ExxonMobil Deems Gas Find at Elektra-1 Well Commercially Unviable
by Zacks Equity Research
XOM's preliminary assessments indicate that the gas reserves at the Elektra-1 prospect are commercially infeasible for development.
BP Expects Lower Gas Output & Higher Debt in Q1 Amid Strategy Shift
by Zacks Equity Research
BP expects weak gas trading and a $4B rise in debt in Q1. Refining margins and oil output offer partial support amid its shift to fossil fuels.
NextDecade Secures LNG Sale and Purchase Deal From TotalEnergies
by Zacks Equity Research
NEXT inks 1.5 MTPA LNG deal with TotalEnergies, setting the stage for a favorable Final Investment Decision on Rio Grande LNG Train 4.
TC Energy Completes Pipeline Repairs After Gas Leak Incident
by Zacks Equity Research
TRP completes ANR Pipeline repairs in Michigan, restoring natural gas to more than 5,200 homes after third-party damage caused outage.
Eni Hits 100 LNG Cargo Milestone Off Mozambique Coast, Africa
by Zacks Equity Research
E's Coral South FLNG off Mozambique ships its 100th LNG cargo, boosting local job creation, SME growth and Mozambique's global energy presence.
Ecopetrol Warns of Significant Hit to Profits Amid Lower Oil Price
by Zacks Equity Research
EC mentions that if oil prices continue to slip, it may have to cease production in some fields and focus on assets having lower costs.
Petrobras Signs Extended Contract for Noble Discoverer Rig
by Zacks Equity Research
PBR extends its partnership with Noble, securing the Noble Discoverer rig for offshore drilling in Colombia until 2026, supporting deepwater exploration.
Eni to Invest 24B Euros to Boost North Africa's Energy Production
by Zacks Equity Research
E's investment aligns with the Roman government's Mattei Plan, which aims to strengthen Rome's relations with Africa.
Subsea7 Awards Multi-Year Extension for Seven Viking Subsea Vessel
by Zacks Equity Research
SUBCY awards contract extension to Eidesvik Seven Chartering's Seven Viking. This is expected to prolong the vessel's stay with Subsea7 through 2026 and 2027.
4 Energy Stocks to Gain Despite Oilfield Service Industry Woes
by Nilanjan Banerjee
Strict capital discipline by upstream energy companies is acting as a dampener, making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, HAL, BKR and AROC are expected to survive the industry challenges.
Equinor Forms New Power Unit to Support AI, Data Center Growth
by Zacks Equity Research
EQNR is combining its renewable, gas, and storage assets into a new power business to support grid stability amid growing energy needs.
Petrobras Explores New Oil Exploration Opportunities in India
by Zacks Equity Research
PBR explores offshore auction opportunities in India, balancing long-term exploration goals with short-term price volatility and the impact of global trade disruptions.
TC Energy Retains the Canadian Mainline Amid U.S. Tensions
by Zacks Equity Research
TRP rules out divesting or converting its vital Canadian Mainline pipeline, reaffirming commitment amid energy security concerns.
TC Energy Reports ANR Pipeline Leak, Warns Gas Outage May Last Days
by Zacks Equity Research
TRP shuts down ANR pipeline system over a leakage identified near Fennville, MI, which transports over 10 billion cubic feet of gas per day.
Equinor Projects Lower Liquids & LNG Trading Results in Q1
by Zacks Equity Research
EQNR expects its Q1 results to be affected by nearly $100 million in costs associated with drilling CCS appraisal wells.
Eni Expects Plenitude Valuation to Cross $11B Amid Strong Demand
by Zacks Equity Research
E plans to sell another stake in Plenitude, aiming for a valuation above $11 billion as investor interest stays strong.
Shell's Subsidiary Starts Production at Dover in Gulf of Mexico
by Zacks Equity Research
SHEL's Dover project in the Gulf of Mexico starts production, adding 20,000 boepd to the company's output and advancing its deepwater strategy.
Shell Taps Stena DrillMAX for Drilling Campaign Offshore Suriname
by Zacks Equity Research
SHEL expects the drilling campaign to commence offshore Suriname in the second half of this year. The contract has been awarded to Stena Drilling via SHEL's subsidiaries.
BP Halts Clean Jet Fuel Project at Spain's Castellon Refinery
by Zacks Equity Research
BP pauses its Castellon clean jet fuel project in Spain, citing slower-than-expected market growth as it reevaluates low-carbon spending plans.