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Zacks News
Oil Yield at Norway Highly Dependent on Larger Finds
by Zacks Equity Research
In 2017, Norway's oil yield rose for the fourth consecutive year. However, this is highly dependent on larger finds, as explorers continue to reduce spending.
Shell to Restart Development of Penguins Field in North Sea
by Zacks Equity Research
After successful portfolio optimization and favorable tax changes, Shell (RDS.A) plans to ramp up its North Sea output through core production assets.
BP to Cough Up Additional $1.7B in Charges for 2010 Oil Spill
by Zacks Equity Research
BP is expected to pay an additional charge of about $1.7 billion for the remaining BEL and other claims related with the CSSP.
Shell Expands Renewable Foothold, Buys Stake in Silicon Ranch
by Zacks Equity Research
The deal will help Shell (RDS.A) leverage its position as one of the top three wholesale power sellers in the United States along with boosting its New Energies division.
The Zacks Analyst Blog Highlights: Transocean, Parker Drilling, Noble, Rowan and BP
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Transocean, Parker Drilling, Noble, Rowan and BP
BP's Yields From Ravenspurn Well Operation Disappointing
by Zacks Equity Research
BP was examining the potential of a deep horizon several hundred meters beneath the mature reservoirs of Ravenspurn North field.
Can Trump's 5-Year Drilling Plan Revolutionize Energy Sector?
by Zacks Equity Research
Whether the plan actually comes into existence, however, remains a wait-and-watch story, given the negotiations and public consultations that have stemmed from the same.
ExxonMobil Turns the Tables on California Local Governments
by Zacks Equity Research
ExxonMobil (XOM) files lawsuit seeking permission for questioning and gathering reports from government officials who sued the company.
What 2018 May Bring for Oil & Gas Exploration
by Zacks Equity Research
With oversupply being the main reason for the oil price crash and lower spending by the majors in the last few years, the industry may witness lesser oil finds.
Here's Why BP Finds US Corporate Tax Reform a Godsend
by Zacks Equity Research
BP will receive a one-off non-cash charge of about $1.5 billion in fourth-quarter 2017 results, following the U.S. Corporate Tax reform.
TOTAL (TOT) Poised to Grow: Should You Hold the Stock?
by Zacks Equity Research
TOTAL's (TOT) strategic acquisitions, startups along with cost management initiatives are expected to drive performance. Fluctuating commodity prices and intense competition remain headwinds.
Energy Returns to Growth: Shell or BP, Which is a Better Pick?
by Zacks Equity Research
Read on for a comparative analysis of two oil giants, Shell (RDS.A) and BP (BP) in terms of price performance, valuation and several other parameters.
How Much Oil Is Left In The Earth?
by Ryan McQueeney
Oil is one of the earth's most valuable non-renewable resources, and these types of resources are named so because they are--well, non-renewable. Here's how much of the black gold we have left.
The Zacks Analyst Blog Highlights: Chevron, Royal Dutch, ExxonMobil, BP and Statoil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Chevron, Royal Dutch, ExxonMobil, BP and Statoil
At 52-Week Highs, Can Chevron & Shell Soar Even Higher?
by Nilanjan Choudhury
The resurgence in oil prices on the one hand and strong cash flow from operations on the other helped Chevron (CVX) and Royal Dutch Shell (RDS.A).
BP and Rosneft to Exploit Extensive Arctic Gas Resources
by Zacks Equity Research
BP and Rosneft expect a total of 880 billion cubic meters (bcm) of natural gas from Kharampursky and Festivalny blocks.
Eni's First Gas from Zohr Field, Broadens Moroccan Footprint
by Zacks Equity Research
Eni (E) initiates gas production within less than two and a half years has been a big achievement, considering the size of the field.
BP and Lightsource Collaborate on Solar Power Development
by Zacks Equity Research
BP's plans to acquire a stake in Lightsource will boost the company's global presence.
Is Arctic Drilling Set for Revival Amid Environment Concerns?
by Zacks Equity Research
Following a two-year hiatus, Arctic offshore drilling seems poised for revival on the back of Trump's pro-energy policies and improving energy landscape.
The Zacks Analyst Blog Highlights: BP, ConocoPhillips, Northern Oil and Gas and Carrizo Oil & Gas
by Zacks Equity Research
The Zacks Analyst Blog Highlights: BP, ConocoPhillips, Northern Oil and Gas and Carrizo Oil & Gas
BP's Plan to Buy Woolworth's Petrol Stations Rejected by ACCC
by Zacks Equity Research
The buyout of Woolworth's stations by BP will considerably reduce competition in the retail fuel market, according to ACCC.
Enbridge May Defer In-Service Date of Line 3 to Q4 2019
by Zacks Equity Research
The project, touted to be the largest for Enbridge (ENB), entails the replacement of the entire old pipeline, spanning over 1,031 miles.
4 Oil Stocks That Had Massive Earnings Surprises in 2017
by Nilanjan Choudhury
Historical earnings surprise can be viewed as a key metric for share price outperformance and can greatly increase your odds of grabbing big winners.
BP Awards $800M Contract to Petrofac for CPF at Khazzan
by Zacks Equity Research
BP's award of $800 million for CPF at the Khazzan Phase 2 gas development in Oman to Petrofac includes the addition of a third gas train with a capacity for handling 500 mmscfd.
Why Did Kosmos Energy (KOS) Stock Plummet 14% Yesterday?
by Zacks Equity Research
Kosmos Energy (KOS) announces exploration results from the Lamantin-1 well offshore Mauritania.