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Zacks News
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.
ExxonMobil (XOM) Finds Crude Offshore Equatorial Guinea
by Zacks Equity Research
ExxonMobil (XOM) will likely evaluate the commercial aspect of the crude discovery in the offshore EG-06 block.
Can Shell (RDS.A) Stock Continue Its Upward Movement?
by Nilanjan Choudhury
The oil rally has contributed to a nice run for Shell (RDS.A) with its stock price jumping approximately 14.7% since September, outperforming the industry's 10.4% growth.
Eni Meets $4.7 Billion Financial Close for Coral South FLNG
by Zacks Equity Research
Eni (E) operates at the Coral South gas resource through its unit, Eni East Africa.
Energy Firms Team Up for API Program to Cut Methane Emission
by Zacks Equity Research
With environmentalists holding energy firms responsible for most of the methane emission, various companies have started taking steps to switch to cleaner energy policies.
Where Will Chevron (CVX) Spend the Bulk of Its 2018 Capex?
by Nilanjan Choudhury
For 2018, Chevron (CVX) expects to spend $18.3 billion on capital expenditure of which a little over 86% is planned to be incurred in its upstream operations.
BP to Spend $227 Million on New Lubricant Facility in China
by Zacks Equity Research
BP looks to capture the growing market of premium lubricants in the world's second-largest economy.
Sinopec May Reduce Exposure in African Energy Resources
by Zacks Equity Research
Weak commodity price and a militant attack have compelled Sinopec to consider of divesting oil resources in Nigeria and Gabon.
BP Forms Ethanol Joint Venture to Expand Presence in Brazil
by Zacks Equity Research
The move is one of BP's strategies to reduce its carbon footprint.
Statoil Receives Operatorship of Bajo del Toro Este License
by Zacks Equity Research
Statoil (STO) wins operatorship of Bajo del Toro Este exploration license in the Neuquen basin. Argentina's Gas y Petroleo del Neuquen's (GyP) awarded the license in its fifth bidding round.
Shell (RDS.A) to Divest Pipeline Asset Stakes Worth $825M
by Zacks Equity Research
Shell's (RDS.A) $30-billion divestment goals advance with the company's latest deal to offload its pipeline and terminal assets to Shell Midstream.
4 Stocks to Gain Even If OPEC Decides Against Deal Extension
by Zacks Equity Research
The Vienna meeting is expected to answer the million-dollar question - will oil continue to trade above $55 per barrel?
Will Oil Major Chevron (CVX) Soon Raise Its Dividend?
by Nilanjan Choudhury
Chevron (CVX) has a history of boosting its quarterly payout annually, increasing its dividend 29 times, never missing a year.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Petrobras, BP, Stone Energy and Bill Barrett
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Petrobras, BP, Stone Energy and Bill Barrett
Shell Resumes Full-Cash Dividend Payment on Oil Revival
by Zacks Equity Research
Shell's (RDS.A) recommencement of cash dividend payouts and share buyback programs signals the resurgence of the industry from the three-year period slump.
Here's Why Investors Should Buy ExxonMobil Stock Right Away
by Zacks Equity Research
Strong potential to generate cashflow makes ExxonMobil Corporation (XOM) an impressive stock.
Statoil Acquires Stakes in Two Fields From Total for $1.45B
by Zacks Equity Research
Statoil (STO) acquires interests in two fields located in NCS for a total consideration of $1.45 billion from Total.
Enbridge (ENB) Inks Agreement for Line 5 Pipeline Evaluation
by Zacks Equity Research
Enbridge (ENB) signs deal with the State of Michigan to carry out evaluation for the replacement of the aging Line 5 pipelines.
Is Shell (RDS.A) Set to Resume Full-Cash Dividend Payment?
by Zacks Equity Research
Rebounding oil prices and cost-cut efforts give Shell (RDS.A) enough financial visibility to abandon scrip dividends.