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Zacks News
Is Galp Energia (GLPEY) Outperforming Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Here is how Galp Energia SGPS SA (GLPEY) and Marathon Petroleum (MPC) have performed compared to their sector so far this year.
BP Triumphs Over Venture Global in LNG Supply Arbitration Case
by Zacks Equity Research
BP secures an arbitration victory over Venture Global in a $1B LNG supply dispute linked to the Calcasieu Pass facility.
BP Ramps Up Oil & Gas Focus With the North Sea Murlach Field Startup
by Zacks Equity Research
BP boosts its oil and gas output with the Murlach field startup, marking its sixth major upstream project of 2025.
Repsol Taps Dolphin Drilling's Rig for Plug & Abandonment Campaign
by Zacks Equity Research
REPYY secures Dolphin Drilling's Borgland Dolphin rig for a $60M plug and abandonment campaign spanning seven wells.
ExxonMobil Signs Deal to Develop Iraq's Massive Majnoon Field
by Zacks Equity Research
XOM considers re-entry to Iraq with a deal to develop the vast Majnoon oil field, signaling renewed ties and major production ambitions.
Shell Divests 27% Non-Working Interest in North Cleopatra Block
by Zacks Equity Research
SHEL sells a 27% non-working stake in Egypt's North Cleopatra block to QatarEnergy, while retaining operatorship and a 36% share.
Eni & Partners Greenlight Second FLNG Development in Mozambique
by Zacks Equity Research
E's Coral North FLNG project in Mozambique reaches FID, doubling the nation's LNG capacity and boosting its global energy role.
Has Delek Logistics Partners (DKL) Outpaced Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Here is how Delek Logistics Partners, L.P. (DKL) and Galp Energia SGPS SA (GLPEY) have performed compared to their sector so far this year.
Eni Finalizes Sale of 30% Interest in the Baleine Field to Vitol
by Zacks Equity Research
E finalizes a 30% Baleine stake sale to Vitol, streamlining its upstream portfolio and advancing its dual exploration strategy.
Eni to Convert Sannazzaro Refinery Units to Boost Biofuel Capacity
by Zacks Equity Research
E secures approval to convert some Sannazzaro refinery units into a biorefinery, targeting HVO diesel and SAF output starting in 2028.
Equinor Receives Approval for Drilling Operations at Verdande
by Zacks Equity Research
EQNR secures approval to begin drilling at Verdande, set to boost output using FPSO Norne and existing subsea infrastructure.
XOM Boosts Oil Production in Guyana, Greenlights Hammerhead Project
by Zacks Equity Research
ExxonMobil???s $6.8B Hammerhead project marks its seventh Guyana development, pushing production goals higher by 2029.
CRC to Acquire BRY in All-Stock Merger Strengthening Asset Portfolio
by Zacks Equity Research
California Resources is set to acquire Berry in a $717M deal, adding oil assets and Uinta Basin acreage while targeting $80-$90M in synergies.
Shell Joins Petrobras and Galp to Boost Sao Tome Exploration
by Zacks Equity Research
SHEL retains operator role in Sao Tome's Block 4, joining forces with Petrobras and Galp to enhance offshore exploration and development in West Africa.
Chord Energy to Acquire Williston Basin Assets From XTO Energy
by Zacks Equity Research
CHRD is set to acquire XTO Energy's Williston Basin assets for $550M, boosting production, efficiency and shareholder returns.
Equinor Gets Go-Ahead for Drilling Two Wildcat Wells in the North Sea
by Zacks Equity Research
EQNR secures permits to drill two North Sea wildcat wells, with operations led by Deepsea Atlantic and COSLInnovator rigs.
Subsea7 Announces Major Project Under Agreement With Aramco
by Zacks Equity Research
SUBCY lands a major $750M-$1.25B contract with Aramco for offshore pipeline installation and facility upgrades in Saudi Arabia.
Baker Hughes Wins Key Contract to Support Sakarya Gas Field Phase 3
by Zacks Equity Research
BKR secures a contract for Sakarya gas field Phase 3, supplying subsea and completion systems to boost offshore production.
Shell Signs Long-Term U.S. LNG Supply Deal With Italian Firm Edison
by Zacks Equity Research
SHEL inks a 15-year deal to supply U.S. LNG to Edison from 2028, strengthening the Italian firm's portfolio and supply-chain flexibility.
ExxonMobil to Acquire Superior Graphite Assets, Boost EV Ambitions
by Zacks Equity Research
XOM is set to acquire Superior Graphite assets to build a U.S. synthetic graphite supply chain and boost its EV ambitions.
EQT Inks 20-Year LNG Purchase Agreement to Diversify Its Portfolio
by Zacks Equity Research
EQT secures a 20-year LNG supply deal with Commonwealth LNG, expanding its export portfolio and boosting global market reach.
Is Clearway Energy (CWENA) Outperforming Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Here is how Clearway Energy (CWENA) and Galp Energia SGPS SA (GLPEY) have performed compared to their sector so far this year.
ConocoPhillips Inks 20-Year LNG Offtake Agreement With NextDecade
by Zacks Equity Research
COP secures a 20-year deal with NEXT, bringing NEXT closer to a final investment decision on Rio Grande LNG Train 5.
EOG Resources Advances Shale Project With ADNOC in the Middle East
by Zacks Equity Research
EOG advances its shale project in the UAE with ADNOC and pursues gas exploration in Bahrain.
Shell Discards Biofuels Project in Rotterdam Amid Market Headwinds
by Zacks Equity Research
SHEL scraps its Rotterdam biofuels project, citing weak market conditions and a shift back to traditional fossil fuels.