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Zacks News
ExxonMobil (XOM) Contemplates Divesting LNG Offshore Terminal
by Zacks Equity Research
ExxonMobil (XOM) is considering selling its ownership interest in LNG Offshore Terminal Italy while gauging market interest. However, no decision has been made regarding a potential sale.
Here's Why Murphy USA (MUSA) is a Compelling Energy Pick
by Zacks Equity Research
Murphy USA (MUSA) has strong growth prospects as evident from the rise in earnings projections and rock-solid share performance.
Pembina (PBA) Receives Environment Clearance for LNG Project
by Zacks Equity Research
Pembina Pipeline (PBA) gets environmental clearance from the British Columbia government for its $2.4 billion Cedar liquefied natural gas project, with an estimated 3-million-ton export capacity.
Equinor (EQNR) Strikes Another Oil Discovery Near Troll Field
by Zacks Equity Research
Equinor (EQNR) discovers oil and gas near the Troll field in the North Sea, marking its second discovery of the year and eighth since 2019.
Here's Why Valero (VLO) is an Attractive Investment Bet Now
by Zacks Equity Research
In 2023, Valero's (VLO) renewable diesel margins are expected to remain consistent with the current levels.
Shell (SHEL) Finances Gulf Wind Technology for Offshore Hub
by Zacks Equity Research
Shell (SHEL) and Gulf Wind Technology join forces to establish an offshore wind energy hub in Louisiana.
ConocoPhillips' (COP) Alaska Oil Project Scores Biden Approval
by Zacks Equity Research
ConocoPhillips (COP) obtains Biden approval for the Willow oil drilling project's development on Alaska's North Slope.
Baker Hughes (BKR) to Offer Additive Manufacturing Solutions
by Zacks Equity Research
As part of the agreement with Oqton, Baker Hughes (BKR) is incorporating Oqton's MOS into its workflow, including its additive manufacturing solutions developed for vertical applications over the last 10 years.
Investors Heavily Search Murphy USA Inc. (MUSA): Here is What You Need to Know
by Zacks Equity Research
Murphy USA (MUSA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Chevron (CVX) Division and JERA Enter Into MOU for CCS Project
by Zacks Equity Research
Chevron's (CVX) unit, Chevron New Energies and JERA have signed a memorandum of understanding (MOU) to explore carbon capture and storage projects in Australia and the United States.
Eni (E) Signs Deal to Supply HVOlution to the Spinelli Group
by Zacks Equity Research
The agreement is part of Eni's (E) plan to develop sustainable transport services via its new company, Eni Sustainable Mobility.
Marathon (MPC) Acquires a 49.9% Share in LF Bioenergy
by Zacks Equity Research
Marathon (MPC) acquires a 49.9% stake in an emerging renewable natural gas (RNG) company, LF Bioenergy, in an attempt to lower its carbon project investments.
Baker Hughes (BKR) to Develop DAC Technology With HIF Global
by Zacks Equity Research
Baker Hughes (BKR) and HIF Global plan to examine the Mosaic Materials technology of the former to enhance DAC deployment at a commercial scale.
Chevron (CVX) Adds Texas Hub to Its Carbon Capture Project
by Zacks Equity Research
Chevron (CVX), together with Talos Energy, expands the size of a proposed carbon capture and storage hub for the Gulf Coast. For this, it has purchased over 100,000 acres of onshore land in Texas.
Shell (SHEL) Makes Oil Discovery off the Coast of Namibia
by Zacks Equity Research
Shell (SHEL) makes its third oil discovery in Namibia, since February 2022, at the Jonker-1X Deepwater Exploration Well.
Chevron (CVX) Affirms Higher Returns, Boosts Share Buyback Plan
by Zacks Equity Research
Chevron (CVX) updates on its initiatives to deliver low-carbon energy to the world, including plans to increase output in the United States and expand its share repurchase program.
Murphy USA (MUSA) Down 1.7% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Murphy USA (MUSA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
BP and Iberdrola Join Forces to Expedite Electric Mobility
by Zacks Equity Research
BP and Iberdrola ink a strategic partnership agreement to hasten the energy transition process in sustainable mobility.
Hess (HES) Rewards Investors With Quarterly Dividend Hike
by Zacks Equity Research
Hess (HES) expects operations cash flow to expand at a compound annual growth rate of around 25% through 2027. This raises the possibility of further dividend hikes.
Here's Why Diamondback (FANG) is Looking Up Post Q4 Earnings
by Nilanjan Choudhury
For 2023, Diamondback Energy (FANG) forecast a capital spending budget between $2.5 billion and $2.7 billion and has committed to return at least 75% of the free cash flow.
BP Unveils Plans for Generation of Green Hydrogen in Spain
by Zacks Equity Research
In an attempt to make Valencia a leading producer of green hydrogen, BP inaugurates a low-carbon green hydrogen cluster in Spain's Valencia area.
Marathon (MRO) Stock Down Since Q4 Earnings: Here's Why
by Zacks Equity Research
Marathon Oil (MRO) spent $344 million in capital and exploratory expenditures during the quarter and raked in $763 million in adjusted free cash flow.
Here is What to Know Beyond Why Murphy USA Inc. (MUSA) is a Trending Stock
by Zacks Equity Research
Murphy USA (MUSA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
BP & Partners Advance GTA Project to Next Evaluation Phase
by Zacks Equity Research
The development concept for the second phase of the BP-operated Greater Tortue Ahmeyim liquefied natural gas (LNG) project, has been approved by BP and its partners.
ExxonMobil (XOM) Reduces Workforce for Structural Cost Savings
by Zacks Equity Research
ExxonMobil (XOM) reduces its staff by 1,000 personnel in 2022, marking its third year of consecutive workforce decline.