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Zacks News
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.
Kinder Morgan Cuts 2017 Capital Spend View for Canada Unit
by Zacks Equity Research
Kinder Morgan (KMI) plans to lower spending on Canadian subsidiary in 2017.
Which Is the Best Oil Supermajor Post-Q3 Earnings?
by Zacks Equity Research
BP is clearly a better investment proposition than Exxon Mobil and PetroChina on the back of strong earnings performance and estimate revisions.
Here's Why Investors Should Sweep Up BP Stock Right Away
by Zacks Equity Research
With a recovery in crude prices, BP's financials are improving as reflected in the recently recommenced share repurchase program.
ExxonMobil Dismisses Non-Essential Staff at PNG LNG Project
by Zacks Equity Research
ExxonMobil (XOM) downsizes non-essential staff from PNG LNG project due to community tension.
Major Energy Players Collaborate to Curb Methane Emission
by Zacks Equity Research
Curbing Methane Emission has been prioritized by investors and environmentalists lately and hence, several global energy majors are teaming up to solve this issue.
BP to Divest Interests in Bruce Assets to Serica Energy
by Zacks Equity Research
BP agrees to divest interests in Bruce assets to Serica Energy for a payment of 300 million pounds over the next four years.
Chevron (CVX) Inks Final Phase of $1.7B JV Deal With NNPC
by Zacks Equity Research
Chevron's (CVX) development projects in Nigeria are aimed at boosting output growth and exports.