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Zacks News
Noble Clinches New Contract for Ocean Apex in Australia
by Zacks Equity Research
NE's new drilling assignment in Australia is anticipated to last for at least 37 days. The assignment will follow Ocean Apex's prior commitments in the region.
KMI's Tennessee Gas Pipeline Greenlights Mississippi Crossing Project
by Zacks Equity Research
Kinder Morgan sanctions significant expansion capital, totaling $3.1 billion, toward two major projects, the SNG South System 4 Expansion and TGP's Mississippi Crossing Project.
PBA Completes Kaybob Acquisition, Expands Key Infrastructure
by Zacks Equity Research
Pembina Pipeline completes its acquisition of a 50% interest in the Kaybob Complex, expanding infrastructure in Karr, Gold Creek and Lator to support growth.
Equinor Secures $3B for U.S. Offshore Wind Project Empire Wind 1
by Zacks Equity Research
EQNR's $3B project financing drives Empire Wind 1, New York's offshore wind landmark, with 810 MW capacity. It is expected to begin commercial operations by 2027.
Noble Corporation Wins $84M Contract for Petronas Offshore Suriname
by Zacks Equity Research
NE's contract involves drilling three wells offshore Suriname for Petronas using its semi-submersible rig Noble Developer. The rig previously worked for Petronas in Suriname.
BP Begins Gas Output From GTA Project in Senegal & Mauritania
by Zacks Equity Research
BP's GTA project in West Africa begins producing gas, marking a milestone for Senegal and Mauritania. LNG deliveries are expected soon.
Liberty Stock: Is it Time to Sell or Hold Amid Market Challenges?
by Zacks Equity Research
LBRT's performance is affected by pricing pressures, reduced profitability and declining revenues. High CapEx commitments and fleet activity cuts add to the financial uncertainty.
BP and Partners to Develop 450 MW Offshore Wind Project in Japan
by Zacks Equity Research
BP and its consortium partners state that the project involves the construction, maintenance and operation of a bottom-fixed offshore wind farm.
Baker Hughes Secures Major LNG Equipment Order for Louisiana Project
by Zacks Equity Research
BKR strengthens ties with Bechtel and Woodside through a major LNG equipment order for Louisiana's Phase 1 development, aiming for FID readiness by early 2025.
Cheniere Begins LNG Production at Corpus Christi Stage 3 Project
by Zacks Equity Research
Production begins at LNG's Corpus Christi Stage 3, with Train 1 ahead of schedule for substantial completion by first-quarter 2025.
EGY Partners With Borr Drilling for 2025/2026 Offshore Campaign
by Zacks Equity Research
VAALCO Energy is focused on working with its partners at the Etame field in Gabon to execute a drilling program starting mid-2025.
BP Resumes Normal Operations at Whiting Refinery After Leak
by Zacks Equity Research
BP's Whiting refinery in Indiana resumes normal operations after a liquid pipeline leak. The company ensures that air quality is monitored for contaminants.
Eni Expands Offshore Output With Baleine Phase 2 Milestone
by Zacks Equity Research
E begins Baleine Phase 2, raising oil and gas output in Cote d'Ivoire to new heights and advancing its net-zero emission goals.
Petrobras Launches SNOX Emission Reduction Unit at Abreu e Lima
by Zacks Equity Research
PBR launches SNOX unit at Abreu e Lima refinery, raising processing capacity and cutting sulfur oxide emissions in Brazil.
Shell Halts Oil Processing at Pulau Bukom for Leak Investigation
by Zacks Equity Research
SHEL halts operations at its Pulau Bukom refinery in Singapore due to a suspected oil leak, ensuring minimal environmental impact.
Vermilion Strengthens Deep Basin Presence With Westbrick Acquisition
by Zacks Equity Research
VET's acquisition of Westbrick Energy adds approximately 770,000 net acres to Vermilion's asset base and 50,000 boe/d in stable production.
SDRL Bids Farewell to 2007-Built West Prospero, Optimizes Rig Fleet
by Zacks Equity Research
Seadrill's divestment of West Prospero aligns with the company's broader objective to withdraw from the benign jack-up market.
Equinor Completes 10% Stake Acquisition in Orsted for $2.3B
by Zacks Equity Research
EQNR completes its 10% stake acquisition in Orsted, strengthening its renewables portfolio and becoming its second-largest shareholder.
Chevon's Sanha Gas Project Delivers First Gas From Angola
by Zacks Equity Research
CVX reaches a milestone with the first gas production from Angola's Sanha Lean Gas Connection, enhancing energy security, diversifying the economy and boosting its global market position.
Here's Why Hold Strategy Is Apt for Delek US Holdings Stock Now
by Zacks Equity Research
DK capitalizes on logistics growth and deconsolidation but faces risks from volatile refining margins, high debt and limited growth in refining operations.
NE Lands New Drilling Contracts in Ghana & the U.S. Gulf of Mexico
by Zacks Equity Research
Noble Corporation's Noble Venturer drillship is expected to begin operations offshore Ghana in 2025 while Noble Globetrotter I is anticipated to start its contract early in January 2025.
Seadrill Lands Two Drillship Contracts in Brazil, Boosts Order Backlog
by Zacks Equity Research
SDRL states that the new contracts add approximately $1 billion to its order backlog, potentially increasing its earnings and free cash flow in 2026.
BP Partners With Seatrium for Kaskida Project in Gulf of Mexico
by Zacks Equity Research
BP awards Seatrium an EPC contract for its Kaskida FPU in the Gulf of Mexico, advancing deepwater development with cutting-edge 20K technology.
Equinor Joins Forces With Bergen Tankers for Low-Emission Hybrid Ships
by Zacks Equity Research
EQNR charters two electric hybrid tankers from Bergen Tankers, setting a new standard for low-emission shipping along the Norwegian coast.
Best Value Stocks to Buy for December 26th
by Zacks Equity Research
ACMR, OII and EGANmade it to the Zacks Rank #1 (Strong Buy) value stocks list on December 26, 2024.