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Zacks News
Suncor (SU) Faces Cyberattack, Raises Concerns About Transactions
by Zacks Equity Research
Suncor (SU) experiences a cybersecurity incident that affects its operations, including Petro-Canada gas stations, leading to cash-only payments and app and website unavailability.
Eni (E) Announces Closing of St. Bernard Biorefinery JV
by Zacks Equity Research
The project increases Eni's (E) biorefining capacity to 1.6 million tons from 1.1 million tons.
Equinor (EQNR) Receives Norwegian Oil and Gas Fields Approval
by Zacks Equity Research
Equinor (EQNR) obtains government approval for the development and operation of oil and gas fields in the Norwegian Sea.
Transocean (RIG) Announces $184 Million Addition to Backlog
by Zacks Equity Research
Investors should know that the addition to backlog is important since it will affect Transocean Ltd.'s (RIG) sales, earnings and future cash flows.
Eni (E) Agrees to Sell $300M Non-Core Congo Assets to Perenco
by Zacks Equity Research
Eni (E) signs an agreement with Perenco for the sale of its non-core oil assets in Congo worth $300 million.
TechnipFMC (FTI) Clinches Subsea Contract From Azule Energy
by Zacks Equity Research
TechnipFMC (FTI) secures a significant subsea contract from Azule Energy in Angola, showcasing its expertise in subsea production systems.
Shell (SHEL) Pipeline's Oil Spill Pollutes Niger Delta Farms
by Zacks Equity Research
Shell's (SHEL) oil pipeline spill in Nigeria, which lasted almost a week, severely contaminates the Niger Delta farms and rivers.
Cheniere (LNG) Inks LNG Supply Deal With China's ENN Natural Gas
by Zacks Equity Research
Cheniere (LNG) signs a 20-year LNG supply deal with ENN Natural Gas, securing long-term trade ties between the United States and China.
Equinor (EQNR) Partners With Azane to Study Clean Ammonia
by Zacks Equity Research
Equinor's (EQNR) project will mainly focus on distributing ammonia and developing bunkering terminals at strategic locations.
Enbridge's (ENB) Line 5 Gets Go-Ahead But Must Cease by 2026
by Zacks Equity Research
Enbridge's (ENB) Line 5 gets go-ahead from a U.S. judge but it must cease operations by June 2026.
Shell (SHEL) to Sell Its Masela Stake to Pertamina and Petronas
by Zacks Equity Research
Shell (SHEL) is set to sell its 35% stake in Indonesia's Masela project to Pertamina and Petronas. The deal is expected to close in a month.
Reasons Why You Should Hold on to Baker Hughes (BKR) Stock Now
by Zacks Equity Research
Baker Hughes (BKR) expects to receive massive LNG equipment orders in 2023.
Shell (SHEL) Resumes Maintenance at Norway's Nyhamna Gas Plant
by Zacks Equity Research
Shell (SHEL) announces the resumption of maintenance work at Norway's Nyhamna gas processing plant after a brief shelving of the facility's operations due to a technical flaw.
Vertex (VTNR) Reports First Renewable Diesel Transaction
by Zacks Equity Research
Vertex Energy (VTNR) acquired a refinery in Mobile, AL in 2022 and initiated a renewable diesel conversion project.
Petrobras (PBR) Partners With Nauticus Robotics for Aquanaut
by Zacks Equity Research
Petrobras (PBR) joins forces with Nauticus Robotics to develop Aquanaut, an advanced autonomous underwater vehicle, using robotics and AI.
Here's Why Hold Strategy is Apt for ConocoPhillips (COP) Now
by Zacks Equity Research
Favorable oil price is aiding ConocoPhillips' (COP) bottom line. However, increasing production and operating expenses are hurting it.
Zacks Industry Outlook Highlights Cheniere Energy, APA, Northern Oil and Gas and Evolution Petroleum
by Zacks Equity Research
Cheniere Energy, APA, Northern Oil and Gas and Evolution Petroleum have been highlighted in this Industry Outlook article.
Nabors (NBR) Announces SPAC Registration With $300M IPO Plan
by Zacks Equity Research
Nabors (NBR) announces the filing of the registration of a special purpose acquisition company with the Securities and Exchange Commission, and intends to raise $300 million from initial public offering.
Equinor (EQNR) Begins Production at Poland's Zagorzyca Plant
by Zacks Equity Research
Zagorzyca is Equinor's (EQNR) second photovoltaic asset in Poland, where the company is developing a broad energy offering among onshore and offshore projects.
Chevron (CVX) Inks Agreement With Mitsui for Geothermal Project
by Zacks Equity Research
Chevron's (CVX) Japan-based unit and Mitsui Oil Exploration Co. collaborate on using advanced closed-loop technology for geothermal energy, with pilot tests in Japan's Niseko region.
Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks
by Zacks Equity Research
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
4 U.S. Upstream Stocks With Potential Despite Industry Headwinds
by Nilanjan Choudhury
While the Zacks Oil and Gas - US E&P industry has certainly taken some punishment due to the low-price environment, companies like LNG, APA, NOG and EPM should still appeal to investors willing to be patient.
Seadrill (SDRL) to Get $85M by Selling 3 Tender-Assist Rigs
by Zacks Equity Research
The sale allows Seadrill (SDRL) to unlock value, generate substantial cash proceeds and concentrate on high-grading its portfolio.
Here's Why You Should Hold BP Stock in Your Portfolio Now
by Zacks Equity Research
BP is strongly focused on employing 60% of 2023 surplus cashflow for repurchasing shares.
Reasons Why You Should Hold Cheniere Partners (CQP) Stock
by Zacks Equity Research
Cheniere Partners (CQP) is well-positioned to capitalize on the rising LNG demand as it is expected to surpass growth of other hydrocarbons over the next 10-15 years.