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Zacks News
Sinopec Commences Zhanjiang Refining Complex Operations
by Zacks Equity Research
Sinopec's (SNP) Zhanjiang refining complex has a crude oil processing capacity of 200,000 bpd and an ethylene facility of 800,000 tons per year.
Here's How Schlumberger Will Cut $1.5B in Costs Every Year
by Zacks Equity Research
Schlumberger (SLB) is reportedly looking to augment the use of automation and digital technologies in its field activities.
Antero Resources (AR) Closes ORRI Deal, Stock Up Nearly 15%
by Zacks Equity Research
The overriding royalty interest deal is likely to help Antero Resources (AR) reach more than half of the asset sale target.
Here's Why BP Decides to Write Off Up to $17.5B From Assets
by Zacks Equity Research
BP expects the prevalent pandemic crisis to continue to affect global energy demand.
Enbridge's Line 5 Tunnel Receives Another Favorable Ruling
by Zacks Equity Research
Enbridge's (ENB) Line 5 utility tunnel under the Straits of Mackinac gets a green signal from Michigan's second-highest court.
ExxonMobil to Postpone Beaumont Expansion on Low Fuel Demand
by Zacks Equity Research
ExxonMobil's (XOM) Beaumont refinery expansion is designed to accommodate the rising production from the Permian Basin.
Will Lower Production Help Natural Gas Prices Head Higher?
by Nilanjan Choudhury
Natural gas is unlikely to see a big breakout with several headwinds pressuring an already oversupplied market.
ExxonMobil May Revive North Sea Asset Divestment Process
by Zacks Equity Research
The North Sea asset sale could reportedly generate $1-$1.5 billion for ExxonMobil (XOM), considering the current market weakness.
EQM Midstream Nears Mountain Valley Pipeline Completion
by Zacks Equity Research
EQM Midstream's (EQM) Mountain Valley Pipeline cost is likely to further rise 5% from the present estimate of $5.4 billion.
Here's Why You Should Hold on to PBF Energy (PBF) Stock Now
by Zacks Equity Research
PBF Energy's (PBF) diversified asset base with complex refining systems is likely to help the company grow in the coming quarters.
Chesapeake (CHK) Witnesses Dramatic Share Price Fluctuations
by Zacks Equity Research
Chesapeake Energy's (CHK) shares witness multiple interruptions in trading, following bankruptcy reports.
Enterprise Products' Oil Terminal Review Temporarily Paused
by Zacks Equity Research
Enterprise Products Partners' (EPD) Sea Port Oil Terminal witnesses temporary suspension of its review process.
BP Gains on Decision to Lay Off 10,000 Global Employees
by Zacks Equity Research
BP says it is time to reinvent, considering the pandemic-hit business environment.
Devon (DVN) Rides on Investments, Returns From Oil-Rich Basins
by Zacks Equity Research
Devon Energy (DVN) is set to benefit from steady capital investments and its focus on four oil-rich U.S. basins.
Here's Why You Should Retain Hess Corp. (HES) Stock for Now
by Zacks Equity Research
Hess Corp. (HES) estimates gross resources of more than 8 billion barrels of oil equivalent from its 16 promising discoveries in the Stabroek Block, offshore Guyana.
Here's What Makes EQT Corporation (EQT) an Attractive Bet Now
by Zacks Equity Research
Being a leading natural gas producer, EQT Corporation (EQT) is well positioned to tap the growing clean energy demand.
BP to Divest Stake in Oman Gas Project for Over $1 Billion
by Zacks Equity Research
BP's Khazzan natural gas field stake divestment will likely help the company to reduce its debt load.
Eni (E) to Restructure, Separate Green Energy From Oil & Gas
by Zacks Equity Research
Eni's (E) newly created Energy Evolution will focus on the transition from fossil fuels to renewable sources.
Is Production Downturn the Cure for Low Natural Gas Prices?
by Nilanjan Choudhury
The fuel has gained a bit on expectations of a brake in the skyrocketing shale oil production growth that will also limit associated gas output, thereby cutting the massive supply glut.
Enbridge's Line 3 to Face Deeper Inquiry for Water Permits
by Zacks Equity Research
Enbridge's (ENB) Line 3 replacement and expansion project is likely to generate 4,200 construction jobs.
Here's Why Investors Should Buy RPC (RES) Stock Right Away
by Zacks Equity Research
RPC's (RES) strong balance sheet with no debt load is likely to provide it with massive financial flexibility.
Here's What Makes DCP Midstream (DCP) an Attractive Bet Now
by Zacks Equity Research
DCP Midstream (DCP) generates solid fee-based margins from its diversified portfolio of downstream assets, comprising NGL pipelines, fractionators along with NGL storage facilities.
Montage Resources Guides 2020 Production Volumes Higher
by Zacks Equity Research
Montage Resources (MR) returns all its production to sales that was previously curtailed.
Enbridge & Partners Start French Wind Farm Construction
by Zacks Equity Research
Enbridge's (ENB) Fecamp offshore wind farm is anticipated to generate 500 megawatts once it comes online in 2023.
Here's Why Investors Should Buy ExxonMobil Stock Right Away
by Zacks Equity Research
ExxonMobil's (XOM) strong integrated business model, with a diversified business presence, makes it a relatively lower-risk energy sector player.