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Zacks News
Noble Energy (NBL) Posts Narrower-Than-Expected Loss in Q2
by Zacks Equity Research
Noble Energy's (NBL) second-quarter 2019 revenues decline on a year-over-year basis.
Occidental (OXY) Beats Q2 Earnings Estimates on Solid Output
by Zacks Equity Research
Occidental Petroleum's (OXY) Q2 earnings are aided by strong production growth from U.S. and international operations.
5 ETFs & Stocks Riding High on Oil Rebound
by Sweta Killa
Oil prices strongly rebounded from a bear territory hit in early June, with U.S. crude comfortably trading above $60.
ExxonMobil to Exit Norwegian Offshore Hydrocarbon Fields
by Zacks Equity Research
A Norwegian business newspaper expects ExxonMobil's (XOM) offshore assets in Norway to be valued at $3-$4 billion.
Oil & Gas Stock Roundup: Comstock's Acquisition, Shell's Strategy Update & More
by Nilanjan Choudhury
Comstock Resources (CRK) agreed to buy Cover Park Energy for $2.2 billion. Meanwhile, Royal Dutch Shell (RDS.A) pledged to return at least $125 billion to its shareholders between 2021 and 2025.
ExxonMobil to Redevelop Block 15 Offshore Angola, Grow Output
by Zacks Equity Research
ExxonMobil (XOM) expects the redevelopment deal with Angola to optimize recovery and increase output from mature fields.
BP to Redirect Focus From Oil Assets in Egypt to Gas Reserves
by Zacks Equity Research
Since BP considers Egypt a core region for conducting upstream operations, the company is preparing to allocate an additional $3 billion over the next two years.
Eni Hits Oil for the 5th Time in Block 15/06 Offshore Angola
by Zacks Equity Research
Eni (E) expects the new discovery offshore Angola to hold 300-400 million barrels of light oil.
EVs are the Road to the Future, Big Oil Hears the Message
by Rimmi Singhi
The fact that the electric effect is in full force with EVs on track to dominate the market in the future has sent a clarion call to the energy industry as well.
Eni's (E) Q1 Earnings Miss Estimates, Revenues Increase Y/Y
by Zacks Equity Research
Lower oil equivalent production hurts Eni SpA's (E) Q1 earnings.
Global Oil & Gas Discoveries to Witness Major Uptick in 2019
by Rimmi Singhi
Volumes from global oil and gas discoveries are likely to rise 30% year over year in 2019, which will mark the highest levels since the crude downturn.
Eni Installs First Foreign Offshore Oil Asset in Mexico
by Zacks Equity Research
Eni's (E) installation of Mizton platform offshore Mexico is expected to be operational in the first half of 2019.
Eni Collaborates With CIB to Produce Advanced Biomethane
by Zacks Equity Research
Eni's (E) initiative to produce biomethane is in sync with its efforts to protect environment. Also, the product will be utilized in the transport sector.
Top ETF Stories of Q1
by Sanghamitra Saha
Inside the top ETF stories of first-quarter 2019.
TechnipFMC Gets iEPCI Contract From Eni in Indonesia
by Kaibalya Pravo Dey
TechnipFMC (FTI) expects the iEPCI contract value in the range of $500 million to $1 billion.
Eni Discovers Oil and Gas Reserves in PL869 in North Sea
by Zacks Equity Research
Eni (E) conducts drilling activity in the exploration well 24/9-14S and the horizontal appraisal well 24/9-14A in the Froskelar Main prospect.
Oil & Gas Stock Roundup: Transocean's Contract Awards, Eni's Angola Discovery & More
by Nilanjan Choudhury
Transocean (RIG) secured contracts for two of its drillships, namely Mykonos and Corcovado, which were acquired as part of Ocean Rig buyout in December 2018.
Stock Market News For Mar 18, 2019
by Zacks Equity Research
Markets closed in the green on Friday as optimism around a U.S. - China trade deal boosted investor sentiment.
Eni (E) Unveils Progressive Strategic Plan for 2019-2022
by Zacks Equity Research
Eni (E), through the strategic plan, targets a net zero direct emissions in the upstream business by 2030.
Eni (E) Optimistic on Discovery in Egypt's Nour Prospect
by Zacks Equity Research
Eni's (E) Nour-1 well encounters 33 meters of gross sandstone reserve with good petrophysical properties.
Eni (E) Strikes Oil in Angola, Sells Stake in Tarfaya Area
by Zacks Equity Research
Eni's (E) find in Block 15/06, in the Agogo exploration prospect, is estimated to hold light oil in place in the range of 450-650 million barrels.
Eni Advances to Build Solar Plants in Tunisia and Pakistan
by Zacks Equity Research
Eni's (E) photovoltaic projects will support exploration and production activities, and simultaneously provide green energy with an off-grid set up.
Eni (E) to Sell 25.5% Stake in Block A5-A to Qatar Petroleum
by Zacks Equity Research
Subsequent to the sale of Eni's (E) 25.5% stake, its holding in block A5-A would reduce to 34% from 59.5%.
Eni, COREPLA Tie Up to Produce Hydrogen From Plastic Waste
by Zacks Equity Research
Through the deal, Eni (E) targets to evaluate the introduction of research projects to produce hydrogen and high-quality biofuels from plastic waste.
Top Research Reports for Intel, AbbVie & United Technologies
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Intel (INTC), AbbVie (ABBV) and United Technologies (UTX).