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Zacks News
BP Clinches 10% Interest in Abu Dhabi's ADCO Concession
by Zacks Equity Research
BP plc inked an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company per which, the company gained an interest of 10% in Abu Dhabi Company for Onshore Petroleum Operations Limited onshore oil concession.
ConocoPhillips Divests Assets Worth $1.3 Billion in 2016
by Zacks Equity Research
ConocoPhillips (COP) recently declared the completion of its planned asset sale for 2016.
ExxonMobil Names Darren Woods as CEO; Tillerson Resigns
by Zacks Equity Research
ExxonMobil Corporation (XOM) recently announced its decision to appoint Darren Woods as the chairman and CEO.
EQT Corp Sets 2017 Capital Expenditure Budget at $1.5B
by Zacks Equity Research
EQT Corporation (EQT) recently came up with 2017 capital expenditure budget, which has been set at $1.5 billion.
Eni Farms Out 30% Stake in Shourouk Concession to Rosneft
by Zacks Equity Research
Eni SpA (E) recently announced that it has agreed to divest a participating interest of 30% in the Shourouk Concession, offshore Egypt, to Rosneft.
Sinopec (SNP) Agrees to Divest 50% Stake in Pipeline Project
by Zacks Equity Research
China Petroleum and Chemical Corporation (SNP), also known as Sinopec, recently agreed to divest 50% of its stake in the Sichuan-East China gas pipeline project.
ExxonMobil CEO Expected to be Named Secretary of State
by Zacks Equity Research
ExxonMobil Corporation's (XOM) Chief Executive, Rex Tillerson, is expected to be nominated as the secretary of state by President-elect Donald Trump.
Phillips 66 (PSX) Sets 2017 Capital Budget at $2.7 Billion
by Zacks Equity Research
Phillips 66 (PSX) recently provided the capital budget for 2017 at $2.7 billion.
BP Begins Drilling on Carboniferous Prospect in North Sea
by Zacks Equity Research
BP plc (BP) recently announced that it has commenced drilling on a new carboniferous prospect in southern North Sea.
Suncor (SU) Resolves $1.3 Billion Tax Dispute with CRA
by Zacks Equity Research
Canada???s largest energy firm, Suncor Energy Inc. (SU) recently declared that it has resolved a $1.3 billion tax dispute with the Canada Revenue Agency ("CRA") without new charges or penalties.
Ensco Announces Pricing of Senior Notes Worth $750 Million
by Zacks Equity Research
Ensco plc (ESV) recently announced the pricing of an upsized private placement of 3.00% Exchangeable Senior Notes, due 2024, for an aggregate principal amount of $750 million.
Stone Energy Provides Operational Update on Amethyst Well
by Zacks Equity Research
Stone Energy Corporation (SGY) recently provided an operational update on its Amethyst well.
Kinder Morgan (KMI) Offers Financial Projections for 2017
by Zacks Equity Research
Kinder Morgan Inc. (KMI) recently announced its preliminary financial forecasts for 2017.
5 Red Hot Momentum Stocks Making New Highs
by David Bartosiak
These 5 momentum stocks are all breaking out to new 52-week highs
ExxonMobil's PNG LNG Project to Exceed Prior Capacity
by Zacks Equity Research
According to a recent report on Reuters, ExxonMobil Corporation (XOM) is likely to deliver 7.9 million tons of liquefied natural gas from Papua New Guinea this year.
SM Energy Closes Divestment of Williston Basin Assets
by Zacks Equity Research
SM Energy Company recently declared the closure of the earlier announced divestiture of its Williston Basin assets for a total consideration of $765.8 million of net cash proceeds.
TOTAL???s SATORP Complex in Saudi Arabia Officially Debuts
by Zacks Equity Research
TOTAL S.A. (TOT) announced that its biggest refining and petrochemical complex, Saudi Aramco Total Refining and Petrochemical (SATORP), has been officially inaugurated on Nov 29.
ExxonMobil Hires Mitsubishi Heavy Industries for Beaumont
by Zacks Equity Research
ExxonMobil Corporation (XOM) recently contracted Tokyo-based Mitsubishi Heavy Industries Ltd., the parent company of Houston-based Mitsubishi Heavy Industries America, for its new Beaumont expansion.
6 Reasons to Buy McDermott International (MDR) Stock Now
by Nilanjan Choudhury
Despite the challenging market, McDermott International (MDR) is well-positioned to extend its impressive rally in stock price.
Kinder Morgan's Trans Mountain Project Gets Final Approval
by Zacks Equity Research
Kinder Morgan, Inc.'s (KMI) recently announced that it has received approval from the Government of Canada for the Trans Mountain Expansion Project.
Oil & Gas Stock Roundup: Exxon's Liberia Drilling, BP's Egyptian Deal and More
by Nilanjan Choudhury
ExxonMobil's (XOM) started drilling a deepwater exploration well offshore of Liberia, while BP (BP) has agreed to buy a 10% interest in Egypt's Shorouk concession.