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Zacks News
Eni (E) & PTTEP Consortium Wins Exploration Deal From ADNOC
by Zacks Equity Research
The latest exploration deal boosts Eni's (E) footprint in the hydrocarbon-rich United Arab Emirates and strengthens its bond with ADNOC.
Eni (E) Plans to Divest Its Oil & Gas Assets in Pakistan
by Zacks Equity Research
Eni (E) looks to sell its assets in Pakistan as part of plans to refocus its portfolio amid a shift in the company's plans this year.
Equinor (EQNR) Boosts Snorre Life to 2040 Ahead of Schedule
by Zacks Equity Research
Equinor's (EQNR) Snorre expansion project requires drilling of 24 new wells, divided into six subsea templates.
Eni (E), Sonatrach Enter MoU to Explore Algeria's Berkine Basin
by Zacks Equity Research
Eni (E) enters into a MoU with Sonatrach to explore the Berkine basin. This strengthens the partnership between the two companies.
Equinor (EQNR) & Partners to Develop New Solar Farm in Brazil
by Zacks Equity Research
An investment decision for Equinor's (EQNR) Brazil solar project is likely to be achieved by the next year.
Equinor (EQNR) Joins Massive NortH2 Green Hydrogen Project
by Zacks Equity Research
Equinor (EQNR) expects the Dutch NortH2 project to produce green hydrogen of 1 million tons by 2040.
Oil & Gas Stock Roundup Headlined by Exxon & Chevron's 2021 Capex
by Nilanjan Choudhury
Energy majors ExxonMobil (XOM) and Chevron (CVX) set their investment budgets for 2021, while Eni (E) acquired a 20% stake in U.K.'s massive Dogger Bank wind project.
Big Oil's Big Asset Write Downs: Is More in the Offing?
by Nilanjan Choudhury
Oil majors including ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), BP plc (BP) and TOTAL SE (TOT) have recorded some very large impairments in the recent past following the downward revision of oil and natural gas price outlooks.
You Should Hold Equinor (EQNR) in Your Portfolio: Here's Why
by Zacks Equity Research
To combat climate change, Equinor (EQNR) is actively investing in renewable energy projects, comprising power generation from solar and wind energy.
Stock Market News for Dec 4, 2020
by Zacks Equity Research
U.S. stock markets closed modestly higher on Thursday after falling from record intraday highs.
Equinor's (EQNR) Dogger Bank Farm to Welcome Eni as Partner
by Zacks Equity Research
The ownership for the third phase of Dogger Bank Wind Farm has remained unchanged with Equinor (EQNR) and SSE Renewables holding 50% interest each.
Equinor (EQNR) Stalls Tjeldbergodden Facility Output After Fire
by Zacks Equity Research
The methanol unit at Equinor's (EQNR) Tjeldbergodden facility produces more than 25% of European output.
Oil & Gas Stock Roundup: Helmerich & Payne's Q4, Gulfport's Bankruptcy & More
by Nilanjan Choudhury
Contract drilling operator Helmerich & Payne (HP) reported September-quarter earnings, while natural gas producer Gulfport Energy (GPOR) filed for Chapter 11 bankruptcy protection.
Eni (E)-Falck Renewables to Buy Savion's Virginia Solar Project
by Zacks Equity Research
The accord signifies Eni's (E) focus on renewable energy since it has been a challenge to supply sustainable cleaner energy while combating climate change.
Eni (E) Rallies More Than 7% Despite Q3 Earnings Decline
by Zacks Equity Research
Lower production volumes and average realized prices of liquids and natural gas hurt Eni's (E) third-quarter earnings.
TOTAL (TOT) Q3 Earnings Beat Estimates, Production Drops Y/Y
by Zacks Equity Research
TOTAL's (TOT) third-quarter earnings are higher than expected but production level drops due to reduction of output from OPEC+ countries and a natural decline in production fields.
Eni & SNOC to Move Forward With Sharjah Natural Gas Project
by Zacks Equity Research
While Eni (E) has a 50% interest in the Concession Area B, SNOC holds the remaining 50% operating stake.
BP Kick-Starts Ghazeer Gas Production Ahead of Schedule
by Zacks Equity Research
BP's experience in U.S. onshore operations pays off for well tests and completions in Ghazeer. This, in turn, enables it to reduce emissions.
Equinor Discovers Oil & Gas in North Sea Swisher Prospect
by Zacks Equity Research
Equinor (EQNR) expects the new finding in the Swisher Prospect to hold 13-38 million barrels of oil equivalent.
Equinor Submits Breidablikk Development Plan in North Sea
by Zacks Equity Research
Production from Equinor's (EQNR) Breidablikk field is likely to come online in the first half of 2024.
Oil & Gas Stock Roundup: Chevron's Ecuador Win, Eni's Egypt Gas Find & More
by Nilanjan Choudhury
The District Court of The Hague ruled in favor of U.S. energy major Chevron (CVX) in an environmental dispute with Ecuador, while Italy's Eni (E) made a new gas discovery offshore Egypt.
Stock Market News for Sep 18, 2020
by Zacks Equity Research
U.S. stock markets closed lower on Thursday as technology sector selloff continued.
Eni Boosts Gas Reserves With New Discovery Offshore Egypt
by Zacks Equity Research
With the new discovery, Eni (E) expects more than 4 trillion cubic feet of natural gas in place in the Great Nooros Area.
BP Sets a Target for 50 GW of Renewable Projects by 2030
by Zacks Equity Research
BP will likely generate majority of power from solar energy since solar projects can be brought online with 18 to 24 months of planning.
Eni May Build Iraq Refinery to Capitalize on Domestic Demand
by Zacks Equity Research
Eni's (E) upcoming refinery in Iraq is likely to have a refining capacity of 300,000 barrels per day.