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Zacks News
Eni (E) JV Signs Deal to Develop Photovoltaic Projects in Italy
by Zacks Equity Research
GreenIT, led by Eni (E), expects the agrivoltaic parks to satisfy the power requirements of 150,000 households.
Eni (E) Delivers First LNG Cargo to Italy's Piombino Terminal
by Zacks Equity Research
Eni (E) expects the terminal's production capacity to increase to five billion cubic meters of gas per year.
Baker Hughes (BKR) to Deliver 3 Trains for Texas LNG Project
by Zacks Equity Research
Baker Hughes' (BKR) gas technology solution is selected for the Rio Grande LNG project in Texas.
Callon (CPE) Acquires Delaware Basin Assets From Percussion
by Zacks Equity Research
Callon (CPE) uses the transactions to reduce its debt and start a shareholder return plan.
Baker Hughes (BKR) to Supply Gas Technology for Brazil FPSO
by Zacks Equity Research
This is Baker Hughes' (BKR) second combined cycle power generation FPSO project for MODEC and Equinor in Brazil's deep waters.
Equinor (EQNR) Gets Approval to Drill Well Offshore Argentina
by Zacks Equity Research
Equinor (EQNR) receives the offshore drilling project's authorization for the period between Dec 15, 2023, and Jun 15, 2024.
Eni (E) to Develop Second FLNG Facility Offshore Mozambique
by Zacks Equity Research
Eni (E) hires Consultec to conduct the environmental impact assessment process.
RPC (RES) Acquires Oilfield Service Player Spinnaker for $79.5M
by Zacks Equity Research
Per the deal, RPC (RES) pays $79.5 million for Spinnaker's equity. The acquisition will be in effect from Jul 1, 2023.
Here's Why You Should Hold on to Hess (HES) Stock for Now
by Zacks Equity Research
Hess (HES) expects the cash flow to increase 25% annually over the next five years, with the crude oil price at $75 per barrel.
ConocoPhillips (COP) to Pay $914,000 Fine Over Alaska Gas Leak
by Zacks Equity Research
The Alaska Oil and Gas Conservation Commission accuses ConocoPhillips (COP) of violating several state law regulations which led to the blunder that caused the leak.
Eni (E) Announces Closing of St. Bernard Biorefinery JV
by Zacks Equity Research
The project increases Eni's (E) biorefining capacity to 1.6 million tons from 1.1 million tons.
Equinor (EQNR) Partners With Azane to Study Clean Ammonia
by Zacks Equity Research
Equinor's (EQNR) project will mainly focus on distributing ammonia and developing bunkering terminals at strategic locations.
Reasons Why You Should Hold on to Baker Hughes (BKR) Stock Now
by Zacks Equity Research
Baker Hughes (BKR) expects to receive massive LNG equipment orders in 2023.
Equinor (EQNR) Begins Production at Poland's Zagorzyca Plant
by Zacks Equity Research
Zagorzyca is Equinor's (EQNR) second photovoltaic asset in Poland, where the company is developing a broad energy offering among onshore and offshore projects.
Seadrill (SDRL) to Get $85M by Selling 3 Tender-Assist Rigs
by Zacks Equity Research
The sale allows Seadrill (SDRL) to unlock value, generate substantial cash proceeds and concentrate on high-grading its portfolio.
KLX Energy (KLXE) Amends Credit Facility, Gets More Funds
by Zacks Equity Research
The increased availability of funds under the facility contributes to KLX Energy Services Holdings' (KLXE) overall liquidity, providing a stronger financial position.
Reasons Why You Should Hold Cheniere Partners (CQP) Stock
by Zacks Equity Research
Cheniere Partners (CQP) is well-positioned to capitalize on the rising LNG demand as it is expected to surpass growth of other hydrocarbons over the next 10-15 years.
Eni (E) Negotiates to Acquire Neptune Energy Worth $5M
by Zacks Equity Research
The negotiations have progressed after Eni (E) increases its offer price to acquire Neptune Energy, which is currently between $5 billion and $6 billion.
SM Energy (SM) Raises Q2 Production Outlook, Lowers Capex View
by Zacks Equity Research
For the second quarter, SM Energy (SM) announces a 10% reduction in its capital budget (before acquisitions) from the previously mentioned mid-point of $295-$315 million.
3 Stocks to Gain From Higher Offshore Exploration Activity
by Nilanjan Choudhury
The expected uptick in offshore oil and gas exploration spending presents opportunities for companies such as SLB (SLB), Seadrill (SDRL) and Transocean (RIG).
Why Investors Should Consider Retaining MPLX Stock for Now
by Zacks Equity Research
Apart from gauging low-carbon opportunities, MPLX is banking on several organic growth projects.
Baker Hughes (BKR) Gets Subsea Contract for Baleine Project
by Zacks Equity Research
Per the terms of the contract, Baker Hughes (BKR) will deliver eight deep-water trees and three Aptara manifolds.
Eni (E) Expands Car Sharing Fleet in Rome by Adding EVs
by Zacks Equity Research
Eni's (E) Enjoy will recharge EVs and ensure that the new cars are available with a minimum battery level of 30%.
Enbridge (ENB) Gets 3 Years to Stop Part of Line 5 Pipeline
by Zacks Equity Research
Enbridge (ENB) will have to pay a portion of its profits to the tribe as long as the pipeline continues to operate in trespass.
Equinor (EQNR) Plans to Increase Crude Production in Brazil
by Zacks Equity Research
Equinor (EQNR) is planning to develop renewable projects in the offshore wind power sector.