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Zacks News
Are Oils-Energy Stocks Lagging Clearway Energy (CWEN) This Year?
by Zacks Equity Research
Here is how Clearway Energy (CWEN) and Global Partners LP (GLP) have performed compared to their sector so far this year.
HAL & Petronas to Deploy Next-Gen Tech to Accelerate Exploration
by Zacks Equity Research
Halliburton teams up with Petronas to deploy next-gen modeling tools to speed up exploration, enhance accuracy and boost reservoir management.
Chevron Invites Bids to Divest 50% Stake in Singapore Refinery
by Zacks Equity Research
CVX is looking to sell its 50% stake in Singapore Refining Company as part of a global restructuring effort, cut costs and streamline operations.
Petrobras Awards Prosafe a Four-Year Contract to Deploy Safe Notos
by Zacks Equity Research
PBR confirms a $204 million deal with Prosafe for the Safe Notos flotel to enhance offshore safety and maintenance by awarding a four-year contract.
Petrobras Invests $892M to Double Capacity at RNEST Refinery
by Zacks Equity Research
PBR signs key contracts to complete RNEST's Train 2, doubling refining capacity by 2029 and boosting production of low-sulphur fuels.
Petrobras Awards a PRM Contract to Geospace to Install OptoSeis
by Zacks Equity Research
PBR selects Geospace's OptoSeis technology to enhance the reservoir management system at Mero fields 3 & 4 in Santos Basin.
Shell Awards Key EPC Contract to TendrillWood Joint Venture
by Zacks Equity Research
SHEL's Brunei arm awards TendrillWood joint venture a key five-year EPC deal, boosting local talent and energy infrastructure.
Global Partners (GLP), a Top Stock to Buy Amid the Spike in Oil Prices
by Shaun Pruitt
Operating one of the largest terminal networks of refined petroleum products in the Northeastern United States, Global Partners (GLP) is an appealing stock to consider amid the sharp spike in crude oil prices.
TechnipFMC & Petrobras Pilot Electric Actuation Tech in Brazil
by Zacks Equity Research
FTI and Petrobras are piloting electric actuation technology to boost subsea electrification ahead of a 2026 deployment.
Shell Eyes 12 Million Metric Tons of LNG Capacity Expansion by 2030
by Zacks Equity Research
SHEL plans to add 12 million metric tons of LNG capacity by 2030 from projects in Canada, Qatar, Nigeria and the UAE.
Petrobras Launches Tenders for Offshore Wind Energy Project in Brazil
by Zacks Equity Research
PBR issues tenders for geophysical and geotechnical surveys to assess offshore wind feasibility, marking a key step in Brazil's clean energy shift.
Chevron to Undergo Scrutiny After Angola Platform Tragedy
by Zacks Equity Research
CVX has raised alarms over rising safety near-misses just weeks before a deadly fire in Angola. The tragedy has now prompted urgent internal reviews.
Halliburton Wins Five-Year Contract From Repsol UK for North Sea Ops
by Zacks Equity Research
HAL to deliver integrated well services and rigless solutions to boost Repsol UK's North Sea production and decommissioning efficiency.
Shell Awards a Subsea Contract for Aphrodite Gas Field to Subsea7
by Zacks Equity Research
SHEL awards Subsea7 a major subsea contract for its Aphrodite gas field, boosting LNG exports from Trinidad and Tobago.
Are Oils-Energy Stocks Lagging Epsilon Energy (EPSN) This Year?
by Zacks Equity Research
Here is how Epsilon Energy Ltd. (EPSN) and Global Partners LP (GLP) have performed compared to their sector so far this year.
Harbour Energy Begins First Oil Production From Maria Phase 2
by Zacks Equity Research
HBRIY has started oil flow from its Maria Phase 2 subsea project in Norway, marking a milestone in expanding its North Sea production.
Shell Reshapes Operations in Indonesia With Fuel Business Divestment
by Zacks Equity Research
SHEL divests its fuel retail arm in Indonesia to Citadel & Sefas JV, retaining its lubricant business as part of a strategic portfolio transformation.
Shell Expects Major LNG Exporters Turning Into Importers
by Zacks Equity Research
SHEL expects former LNG exporters like Indonesia and Algeria to turn into importers, boosting global demand amid Asia's growing energy needs.
Shell Secures Legal Victory in US Over $58M Nigeria Lawsuit
by Zacks Equity Research
SHEL secures dismissal of a $58M lawsuit filed against it, affirming jurisdictional boundaries for international business disputes.
Shell Faces Shareholder Pressure Over LNG Growth Strategy
by Zacks Equity Research
As SHEL doubles down on gas and LNG, a fifth of its shareholders question the climate and economic logic of its long-term energy transition plan.
Chevron Eyes Return to Indonesia With Focus on Large Gas Reserves
by Zacks Equity Research
CVX explores new high-potential oil and gas blocks in Indonesia, marking a comeback after 2023 with renewed interest in the region.
ProPetro's PROPWR Wing Lands First 10-Year, 80MW Power Deal
by Zacks Equity Research
PUMP's PROPWR division signs its first major deal - paving the way for scalable, low-emission distributed power solutions.
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.
3 Refining & Marketing MLPs Poised to Defy Bearish Trends
by Nilanjan Choudhury
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise focusing on companies like TRGP, SUN and GLP.
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.