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Zacks News
Equinor to Invest NOK 21B in Fram Sor Oil and Gas Project
by Zacks Equity Research
EQNR is set to invest NOK 21 billion in Fram Sor, a low-emission oil and gas project to boost Europe's energy security and local industry.
Eni's Plenitude to Build Solar Plant for Modine in Italy
by Zacks Equity Research
E partners with Modine to build a 1.585 MWp solar plant in Italy, thereby boosting renewable energy output and promoting clean energy use.
Phillips 66 to Produce CARB Gasoline, Boost California Fuel Supply
by Zacks Equity Research
PSX is set to produce CARB gasoline at its Ferndale refinery to offset supply loss from its Los Angeles plant closure.
Chevron Restarts Operations at Leviathan Gas Field After Ceasefire
by Zacks Equity Research
CVX has resumed gas operations at Leviathan, restoring critical exports to Egypt and Jordan, and stabilizing regional supply.
Coterra Holds Rig Count Steady in the Permian as Market Jitters Ease
by Zacks Equity Research
CTRA reverses its plans to cut rigs in the Permian, citing a stronger oil price outlook and increased confidence in market stability.
Eni & Its Plastics Unit Novamont Face 32M Euro Market Abuse Fine
by Zacks Equity Research
E and Novamont have been fined over 32 million euros by Italy's antitrust watchdog for abusing market dominance in bioplastics.
SLB Warns of Flat Q2 on Saudi and Latin America Activity Slowdown
by Zacks Equity Research
SLB flags flat Q2 revenues and EBITDA as drilling slows in Saudi Arabia and Latin America, denting margins.
BP's GTA Project Hits New Milestone as Gimi FLNG Reaches COD
by Zacks Equity Research
Gimi FLNG ramps up LNG output to 2.4 mtpa, equivalent to 90% of the unit's nameplate capacity, at the BP-operated GTA project.
Equinor's First Danish Solar Plant Begins Operations via BeGreen
by Zacks Equity Research
BeGreen's 65MW Ingerslev A plant marks EQNR's first solar project in Denmark and a milestone in its renewables expansion.
Linde to Supply Gas to Major Low-Carbon Ammonia Project
by Zacks Equity Research
LIN to invest $400M in new ASU for Blue Point's low-carbon ammonia plant, boosting its Gulf Coast clean energy presence.
Halliburton Joins GeoFrame's Lithium and Geothermal Project in Texas
by Zacks Equity Research
HAL will design wells for GeoFrame's lithium extraction and geothermal project in East Texas, reducing U.S. reliance on lithium imports.
Shell Led LNG Canada Begins Production Marking New Era in Gas Exports
by Zacks Equity Research
SHEL-operated LNG Canada produces its first LNG for export, opening direct Pacific access and shifting Canada's energy trade dynamics.
OII Wins $33 Million Contract to Supply Submarine Support Systems
by Zacks Equity Research
Oceaneering's segment wins $33 million Navy contract, boosting its role in the Virginia Class Submarine support program.
Eni Sells 20% Stake in Plenitude to Ares in 2 Billion Euro Deal
by Zacks Equity Research
E sells 20% of Plenitude to Ares for 2B euros, valuing the unit at 10B euros and advancing its energy transition strategy.
CNQ to Divest Seiu Lake Stake to Secure SLB's Asset Acquisition
by Zacks Equity Research
CNQ will divest a 75% stake in Seiu Lake to finalize its Palliser Block deal, easing competition concerns in Alberta.
HAL & Petronas to Deploy Next-Gen Tech to Accelerate Exploration
by Zacks Equity Research
Halliburton teams up with Petronas to deploy next-gen modeling tools to speed up exploration, enhance accuracy and boost reservoir management.
Equinor Secures UK Floating Wind Leases in Celtic Sea Push
by Zacks Equity Research
EQNR secures a 1.5 GW floating wind lease in the Celtic Sea, advancing UK net-zero goals and offshore wind growth.
Eni and PETRONAS Sign JV Deal to Combine Asia Oil & Gas Assets
by Zacks Equity Research
E teams up with PETRONAS in a 50:50 joint venture to merge oil and gas assets across Southeast Asia, targeting a 500,000 boepd output.
Cheniere Expands LNG Exports to Japan With Long-Term Strategy
by Zacks Equity Research
LNG expands presence in East Asia with a 20+ year JERA deal, meeting Japan's demand for clean, flexible energy amid rising regional consumption.
Chevron Invites Bids to Divest 50% Stake in Singapore Refinery
by Zacks Equity Research
CVX is looking to sell its 50% stake in Singapore Refining Company as part of a global restructuring effort, cut costs and streamline operations.
Shell Commits to Invest in Malaysia Over the Next Three Years
by Zacks Equity Research
SHEL commits RM9 billion to Malaysia, boosting economic growth and workforce development while reinforcing its position in the global energy sector.
Petrobras Awards Prosafe a Four-Year Contract to Deploy Safe Notos
by Zacks Equity Research
PBR confirms a $204 million deal with Prosafe for the Safe Notos flotel to enhance offshore safety and maintenance by awarding a four-year contract.
Equinor Secures New Offshore Block in Brazil's Santos Basin
by Zacks Equity Research
EQNR secures 100% of Brazil's S-M-1617 block near existing assets, reinforcing its deepwater and renewables push.
ExxonMobil Awards Hoover-Diana Decommissioning Deal to EnerMech
by Zacks Equity Research
XOM taps EnerMech for its first major Gulf deepwater decom project at the 25-year-old Hoover-Diana field.
Subsea7 to Begin Work on Substantial Subsea Contract Offshore Norway
by Zacks Equity Research
SUBCY lands a $150-$300M subsea EPCI contract offshore Norway, with work planned from 2025 to 2027.