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Zacks News
EOG Resources Ramps Up Well Drilling, Lacks Diversification
by Zacks Equity Research
On Jun 15, we issued an updated research report on EOG Resources Inc. (EOG).
Baker Hughes Cut to Sell on North American Overdependence
by Zacks Equity Research
On Jun 15, oilfield services player Baker Hughes Incorporated (BHI) was downgraded to a Zacks Rank #4 (Sell).
Kinder Morgan (KMI) to Ride on Fee-Based Deals, Debts High
by Zacks Equity Research
On Jun 13, we issued an updated research report on energy infrastructure company Kinder Morgan Inc. (KMI).
ExxonMobil Achieves Success with Production Test on Muruk 1
by Zacks Equity Research
ExxonMobil Corporation (XOM) announced positive production well test results from the Muruk 1 sidetrack 3 well situated in the Papua New Guinea North Highlands.
Enbridge (ENB) JV Alliance Pipeline Announces Force Majeure
by Zacks Equity Research
Enbridge (ENB) and Calgary-based energy infrastructure company Veresen's joint venture, Alliance Pipeline, recently announced force majeure on its export pipeline connecting Chicago.
Eni SpA Submits a Proposal for Performing Drilling in Alaska
by Zacks Equity Research
Eni SpA (E) intends to carry out a drilling program offshore Alaska, from the man-made island, Spy Island Drillsite in the Beaufort Sea.
Natural Gas Ticks Higher Despite Large Inventory Addition
by Nilanjan Choudhury
U.S. natural gas futures ignored the bearish government data to score a weekly gain on favorable weather forecasts.
Stone Energy Starts (SGY) Drilling at Rampart Deep Prospect
by Zacks Equity Research
Stone Energy Corporation (SGY) announced that drilling operations on its Rampart Deep Prospect in Mississippi Canyon Block 116 started on Jun 3, 2017.
Eni to Begin Oil Production from Sankofa Ahead of Schedule
by Zacks Equity Research
Italy-based Eni SpA (E) announced that it will commence commercial oil and gas production at its Sankofa field off the coast of Ghana in July, three months prior to schedule.
Centrica (CPYYY) to Divest Canada-Based E&P Assets for $305M
by Zacks Equity Research
Centrica plc (CPYYY) recently announced that it is about to divest its Canadian oil and gas exploration and production joint venture to a consortium.
Cabot's Marcellus Presence Impress, Falling Gas Prices a Woe
by Zacks Equity Research
On Jun 8, we issued an updated research report on Cabot Oil and Gas (COG).
U.S. Remains World's Top Petroleum Producer in 2016
by Nilanjan Choudhury
Federal data showed that the U.S. produced more petroleum liquids and natural gas than any other nation for the fifth consecutive year in 2016.
Canada Oil Sands Likely to See More Chinese Investment
by Zacks Equity Research
Canada is encouraging Chinese companies to invest in its oil sands.
Enbridge (ENB) Chalks Out Oil & Gas Pipeline Expansion Plans
by Zacks Equity Research
Enbridge Inc. (ENB) announced plans of expanding its oil and gas pipelines to support the rising output of commodities in Western Canada.
Statoil Inks Swap Agreement with BP for Australian Wells
by Zacks Equity Research
Statoil ASA (STO) has inked a swap agreement with BP plc (BP) and has been granted regulatory approval to take over two exploration permits and extend its work program in the Great Australian Bight.
Shell's Forcados Oil Terminal Restart Lifts Nigeria Export
by Zacks Equity Research
Shell (RDS.A) recently lifted force majeure on Nigeria's Forcados crude oil export.
Williams Partners' Pipeline Demand to Grow, Debt Level High
by Zacks Equity Research
On Jun 6, we initiated coverage on energy infrastructure provider, Williams Partners LP (WPZ).
Oil Prices Sink on Shock U.S. Crude Inventory Build
by Nilanjan Choudhury
Oil prices fell to one-month lows after government figures showed a surprise increase in U.S. stocks.
BP Upstream Projects Bode Well, Oil Spill Expenses a Drag
by Zacks Equity Research
We issued an updated research report on oil British energy giant, BP Plc (BP) on Jun 6.
SM Energy Raises Production Guidance, Well Results Impress
by Zacks Equity Research
SM Energy Company (SM) has increased its production guidance by about 0.4 million barrels of oil equivalent (MMBoe).
Kinder Morgan Says No More Concession on Trans Mountain Plan
by Zacks Equity Research
Kinder Morgan (KMI) recently made it clear that the company will not provide any further concessions on its Trans Mountain pipeline expansion.
TechnipFMC (FTI) Clinches Coral South FLNG Project Contract
by Zacks Equity Research
TechnipFMC plc recently won an engineering, procurement, construction, installation, commissioning and start-up contract for Coral FLNG project offshore Mozambique.
McDermott Wins Angelin Field Development Contract from BP
by Zacks Equity Research
McDermott International Inc. (MDR) was recently awarded an engineering, procurement, construction, installation and commissioning contract by energy giant BP p.l.c.'s (BP) associate company BP Trinidad & Tobago.
Exxon's Affiliate Inks PSC with Equatorial Guinea Government
by Zacks Equity Research
ExxonMobil's (XOM) wholly owned affiliate has inked a production sharing contract with the government of Equatorial Guinea.
SeaDrill (SDRL), Rosneft Oil Drilling Deal Deadline Extended
by Zacks Equity Research
SeaDrill Ltd. (SDRL) and its subsidiary, North Atlantic Drilling Ltd. (NADL) recently extended the framework deal on oilfield development projects with Russian integrated oil major, Rosneft.