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Zacks News
Shell Invests in Gato do Mato to Drive Brazil's Pre-Salt Growth
by Zacks Equity Research
SHEL approves investment in Brazil's Gato do Mato project, advancing the development of pre-salt reserves and strengthening its role in global energy markets.
NextDecade Clears Legal Hurdle for Rio Grande LNG Project Construction
by Zacks Equity Research
NEXT's Rio Grande LNG project gets a revised court judgment removing vacatur risk and ensuring smooth construction.
Chevron's Venezuela Deadline Extended Amid U.S. Policy Shifts
by Zacks Equity Research
The United States extends CVX's Venezuela deadline by at least 30 days, imposing new conditions tied to migrant deportations.
Equinor Lowers Green Targets by Citing Rising Costs & Delays
by Zacks Equity Research
EQNR is lowering climate targets amid rising costs and policy shifts. While scaling back renewables, it remains committed to net zero by 2050.
Subsea7 Locks in Multi-Year Deal for Solstad Offshore IMR Vessel
by Zacks Equity Research
The new contract prolongs the IMR vessel's stay with SUBCY for two more years and includes three yearly options.
ExxonMobil Taps New Wave Offshore to Provide MWS Services in Guyana
by Zacks Equity Research
New Wave Offshore Energy is expected to provide risk management services and safety supervision for XOM's giant Whiptail project in the Starbroek Block offshore Guyana.
Petrobras' Offshore Fields to Deploy Baker Hughes' Completions Tech
by Zacks Equity Research
PBR partners with Baker Hughes to deploy intelligent completions technology, enhancing production and remote operations in Brazil's offshore fields.
Shell Aims for First Gas Production at Dragon Field by 2026
by Zacks Equity Research
SHEL aims to start gas production at Venezuela's Dragon field by 2026, a year ahead of schedule, it secures LNG supply for Trinidad amid shifting U.S. sanctions.
Here's Why Archrock Inc. (AROC) Fell More Than Broader Market
by Zacks Equity Research
In the closing of the recent trading day, Archrock Inc. (AROC) stood at $26.69, denoting a -0.48% change from the preceding trading day.
Oil & Gas Stock Roundup: LNG's Project Milestone, VRN's Merger in Focus
by Nilanjan Choudhury
LNG, VRN, XOM, AROC and APA emerge as the energy headline makers during the week.
Eni to Divest Stakes in Cote d'Ivoire and Congo Assets to Vitol
by Zacks Equity Research
E and Vitol's latest agreement allows the latter to gain access to high-value upstream assets in West Africa, including the giant Baleine discovery and the Congo LNG project.
APA Reduces Workforce as Part of Cost-Cutting Initiative
by Zacks Equity Research
APA reduces its workforce by 10-15% to cut costs and enhance competitiveness amid declining oil prices and rising automation.
ExxonMobil Challenges Colonial Pipeline's Fuel Shipping Plan
by Zacks Equity Research
XOM questions Colonial Pipeline's plan to cut gasoline grades, claiming it would hurt fuel supply efficiency and increase costs for shippers.
Harbour Energy Receives Permit for Havstjerne Carbon Storage Project
by Zacks Equity Research
HBRIY's work commitment includes drilling the exploratory well by the first quarter of 2025, followed by the concept selection for the development of the carbon storage unit.
Phillips 66 Confirms Los Angeles Refinery Shutdown by October
by Zacks Equity Research
PSX to shut its LA refinery by October, raising concerns about fuel supply and price spikes in California amid strong seasonal demand and refinery maintenance.
Petrobras Strikes Hydrocarbons at the Aram Block Offshore Brazil
by Zacks Equity Research
PBR discovers hydrocarbons at the Aram block in Brazil's Santos Basin, strengthening its pre-salt exploration.
ExxonMobil and Woodside Approve $221M Turrum Gas Project
by Zacks Equity Research
XOM and Woodside take a final investment decision on the $221M Turrum project, expected to help avert Australia's looming gas shortfall.
EQNR's Halten East Field Begins Production to Boost Norway Gas Exports
by Zacks Equity Research
Equinor's Halten East development holds recoverable reserves of approximately 100 million barrels of oil equivalent per the discoveries.
Archrock, Inc. (AROC) Is a Trending Stock: Facts to Know Before Betting on It
by Zacks Equity Research
Archrock Inc. (AROC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Are Oils-Energy Stocks Lagging Archrock (AROC) This Year?
by Zacks Equity Research
Here is how Archrock Inc. (AROC) and Flotek Industries (FTK) have performed compared to their sector so far this year.
BP and SOCAR Enter Israeli Waters With Gas Exploration Deal
by Zacks Equity Research
BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy market and expands natural gas exports.
Wall Street Bulls Look Optimistic About Archrock Inc. (AROC): Should You Buy?
by Zacks Equity Research
The average brokerage recommendation (ABR) for Archrock Inc. (AROC) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Cheniere Reaches Substantial Completion of Train 1 at CCL Stage 3
by Zacks Equity Research
LNG announces Substantial Completion of Train 1 at CCL Stage 3, boosting LNG output and continuing project success ahead of schedule.
APA's North Slope Prospects Strengthened by Sockeye-2 Discovery
by Zacks Equity Research
APA and its partners announce promising results from the Sockeye-2 well, confirming a high quality reservoir and unlocking potential in Alaska.
Here's Why Hold Strategy is Apt for Antero Midstream Stock Now
by Zacks Equity Research
AM's stable revenue model driven by long-term contracts and strong cash generation supports its dividend and growth prospects.