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Zacks News
Equinor (EQNR) Q4 Earnings Miss, Decline Y/Y on Lower Prices
by Zacks Equity Research
Equinor's (EQNR) production for 2021 is likely to rise 2% from the 2020 level.
BP Enters Lucrative U.K. Offshore Wind Market With 2 Leases
by Zacks Equity Research
BP's leases in the Irish Sea are likely to generate 3 GW of total power once they come online.
Equinor Completes US Offshore Wind Partnership Deal With BP
by Zacks Equity Research
Equinor (EQNR) completes the acquisition transaction with BP for the latter's purchase of its stakes in the Empire Wind and Beacon Wind projects in a $1.1B deal.
Equinor (EQNR) to Boost Output Capacity at Johan Sverdrup
by Zacks Equity Research
Equinor (EQNR) plans to raise daily output capacity at the Johan Sverdrup field as the company-operated field is likely to enhance its output capacity to 535,000 bpd of oil by mid-2021.
Stay on Federal Oil, Gas Lease Spooks Investors: A Review
by Zacks Equity Research
Following President Biden's executive order, the energy firms claim that they have sufficient permits to last for years. Even Devon Energy (DVN), a leading producer on federal land, assures to have nearly four years of drilling permits in reserve.
Equinor (EQNR) Closes Bressay Oilfield Stake Sale to EnQuest
by Zacks Equity Research
Equinor (EQNR) offloads 50% of its stake in the Bressay oil field development and operatorship.
Equinor (EQNR) Exits Canada Oil Sands, Sells Athabasca Oil Stake
by Zacks Equity Research
Equinor (EQNR) sells 100 million shares in Athabasca Oil for a total of C$18 million.
Equinor (EQNR) Awarded 17 Production Licenses in Norway
by Zacks Equity Research
Equinor (EQNR) has been granted 17 production licenses on the Norwegian Continental Shelf, which is expected to be a major addition to the company's exploration portfolio.
4 Oilfield Services Stocks Countering Industry Headwinds
by Kaibalya Pravo Dey
Multiple vaccine rollouts are likely to drive the global energy market. However, the Zacks Oil and Gas - Field Services industry is still suffering from low upstream spending. KLXE, SLB, BKR & HAL are likely to pull through, and come back stronger.
Equinor (EQNR) Plans to Divest Onshore Assets in Bakken Shale
by Zacks Equity Research
Equinor (EQNR) is considering a sale of its onshore shale assets in the Bakken field, while it focuses on Marcellus field projects to improve profitability.
Gain Big From These 5 Stocks as Energy Market Recovers in 2021
by Kaibalya Pravo Dey
The energy sector is recovering fast, with improving energy demand. Five stocks - HighPoint Resources (HPR), Vermilion Energy (VET), KLX Energy (KLXE), NOW (DNOW) and SunPower (SPWR) - from different industries of the sector are poised for massive growth.
Equinor (EQNR) to Invest in Statfjord Ost, Boost Oil Recovery
by Zacks Equity Research
The latest plan requires Equinor (EQNR) to drill four new wells from the existing subsea templates at the site. This is likely to take place in the 2022-2024 period.
Shell and Equinor Collaborate for Inventory Optimization
by Zacks Equity Research
Shell (RDS.A) collaborates with Equinor (EQNR) to develop the next-generation Shell Inventory Optimizer, a cloud-based inventory optimization tool.
Stock Market News for Dec 15, 2020
by Zacks Equity Research
Wall Street closed mixed on Monday as investors remained concerned about recent spike in new COVID-19 cases in the United States and Eurozone.
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.
Oil & Gas Stock Roundup: Exxon's Suriname Find, Equinor's Hydrogen Bet & More
by Nilanjan Choudhury
U.S. energy major ExxonMobil (XOM) made an oil and gas discovery in offshore Suriname Block 52, while Norway-based Equinor (EQNR) signed up to Europe's biggest green hydrogen project; NortH2.
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.
The Zacks Analyst Blog Highlights: Equinor, BP, SunPower, Antero and EQT
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Equinor, BP, SunPower, Antero and EQT