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Zacks News
ExxonMobil & Other Global Energy Giants Explore Partnership With ONGC
by Zacks Equity Research
XOM emerges as the most probable candidate to partner with ONGC in the KG-DWN-98/2 deepwater block in the Krishna-Godavari Basin.
Petrobras Signs Major EPCI Contract With Subsea 7 for Buzios 11
by Zacks Equity Research
PBR signs a R$8.4 billion contract with Subsea 7 for the Buzios 11 Project, focusing on local content and job creation, with offshore work scheduled for October 2027.
ConocoPhillips Awards FEED Study Contract to Subsea7 Offshore Norway
by Zacks Equity Research
COP mentions that the FEED study will enable it to determine and finalize the technical specifications for the Previously Produced Fields project.
Ecopetrol Expands Renewables Portfolio Through Latest Acquisition
by Zacks Equity Research
EC mentions that the portfolio of wind and solar energy projects acquired from Statkraft could have a total capacity of up to 1.3 GW.
Petrobras Prepares Drill Ship Deployment for Oil Exploration in Amapa
by Zacks Equity Research
PBR is set to deploy a drill ship to Amapa for oil exploration in the Foz do Amazonas Basin amid regulatory hurdles and environmental scrutiny.
Should You Invest in the First Trust Natural Gas ETF (FCG)?
by Zacks Equity Research
Sector ETF report for FCG
Are Oils-Energy Stocks Lagging Expand Energy Corporation (EXE) This Year?
by Zacks Equity Research
Here is how Expand Energy (EXE) and CSLM Acquisition Corp. (SPWR) have performed compared to their sector so far this year.
Equinor & Polenergia Greenlight Major Baltic Offshore Wind Project
by Zacks Equity Research
EQNR and Polenergia state that the two offshore wind farms off the Polish coast are expected to have a generation capacity of 720 megawatts each.
Halliburton Introduces EarthStar 3DX to Maximize Reservoir Value
by Zacks Equity Research
HAL debuts EarthStar 3DX, the industry's first 3D horizontal look-ahead resistivity tool, enabling earlier formation detection for better drilling outcomes.
Will Milder Weather Keep Natural Gas Prices Under Pressure?
by Nilanjan Choudhury
While natural gas remains under pressure, investors should continue keeping an eye on stocks such as EXE, CTRA and EE.
Is Holding Liberty Energy Stock the Best Strategy for Now?
by Zacks Equity Research
LBRT's solid liquidity, shareholder returns and technological edge offer optimism, but risks from oil price shifts, high CapEx and competitive pressures remain significant.
Chevron & European Oil Firms Urge Continued Access to Venezuela
by Zacks Equity Research
CVX and European partners seek U.S. approval to maintain joint ventures in Venezuela as sanctions risk halting operations and aiding rival nations.
Petrobras' Austerity Leads to Strike by Brazilian Oil Workers
by Zacks Equity Research
PBR is set to face a two-day strike as oil workers protest against cost-cutting measures and stalled talks on compensation amid falling crude prices.
Eni's Renewable Arm Plenitude Attracts Investment Interest From Ares
by Zacks Equity Research
E believes that by selling small stakes in its business units, it can support capital expenditures related to low-carbon business while maintaining its capacity to invest in upstream projects.
EQNR's North Sea Wells Indicate Strong Potential for Carbon Storage
by Zacks Equity Research
Equinor notes that the two wells, 32/7-1 and 32/4-4, could potentially serve as a carbon storage unit for its Smeaheia project.
Halliburton & Rhino Deliver Two Exploration Wells in Namibia
by Zacks Equity Research
HAL and Rhino Resources complete delivery of two exploration wells offshore Namibia, marking the first fully in-country completion.
Oceaneering Sells its Entertainment Unit to Falcon's Beyond
by Zacks Equity Research
OII's entertainment arm is acquired by Falcon's Beyond to amplify its leadership in themed entertainment.
Venture Global Seeks FERC Approval for Third LNG Plant in Louisiana
by Zacks Equity Research
VG plans to make a final investment decision on the CP2 plant, which is also its third liquefaction plant in Louisiana, subject to FERC???s approval.
Tullow Oil Exits Gabon, Announces Asset Sale Worth $300 Million
by Zacks Equity Research
TUWOY notes that the sale of its Gabonese assets is beneficial to both the company and its shareholders. TUWOY plans to retain its focus on its core assets in Ghana.
GeoPark Exits Vaca Muerta Deal, Focuses on Strategic Growth Plans
by Zacks Equity Research
GPRK halts its Vaca Muerta acquisition, reaffirming its strategy of focused, value-driven growth across Latin America.
VAALCO Energy to Execute Drilling Plans & FPSO Refurbishment in Africa
by Zacks Equity Research
EGY's plans in Cote d'Ivoire involve the refurbishment of the FPSO at the Baobab field in Block CI-40. In Gabon, EGY is gearing up for the 2025/2026 drilling program.
Shell Faces Renewed Legal Pressure on Fossil Fuel Expansion
by Zacks Equity Research
SHEL's fossil fuel expansion draws new legal threats in Netherlands, claiming it violates a court order to cut carbon emissions.
Transocean's Deepwater Invictus Begins Offshore Drilling for BP
by Zacks Equity Research
RIG's ultra-deepwater rig begins drilling for BP in the Gulf of America under a 3-year contract worth over $500 million.
Shell's Output Expansion Plan for Perdido Development Faces Delay
by Zacks Equity Research
SHEL operates the Perdido offshore development and holds a 35% working interest. The remaining 65% interest is held by Chevron and other partners.
Petrobras Secures Natural Gas Supply Agreement With Portobello
by Zacks Equity Research
PBR inks a natural gas supply deal with Portobello, Brazil's largest ceramic manufacturer, enhancing energy efficiency and reinforcing its position in the country's free gas market.