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Zacks News
Petrobras Invests $892M to Double Capacity at RNEST Refinery
by Zacks Equity Research
PBR signs key contracts to complete RNEST's Train 2, doubling refining capacity by 2029 and boosting production of low-sulphur fuels.
Chevron Acquires Lithium-Rich Acreage in Strategic Expansion
by Zacks Equity Research
CVX enters the lithium market with 125,000 acres leased in key regions, planning innovative extraction methods to support a resilient, low-carbon energy future.
BKR Expands Pressure Management Portfolio With $540M CDC Acquisition
by Zacks Equity Research
Baker Hughes acquires CDC for $540M, boosting its IET segment with high-margin, safety-critical technologies.
SLB Rolls Out Sequestri to Advance Industrial Decarbonization
by Zacks Equity Research
SLB unveils Sequestri, a full-suite CCS solution aimed at advancing global industrial decarbonization efforts.
Petrobras Awards a PRM Contract to Geospace to Install OptoSeis
by Zacks Equity Research
PBR selects Geospace's OptoSeis technology to enhance the reservoir management system at Mero fields 3 & 4 in Santos Basin.
Shell Awards Key EPC Contract to TendrillWood Joint Venture
by Zacks Equity Research
SHEL's Brunei arm awards TendrillWood joint venture a key five-year EPC deal, boosting local talent and energy infrastructure.
Equinor's 2025 Energy Outlook Warns of Fragmented Energy Transition
by Zacks Equity Research
EQNR's Energy Perspectives 2025 outlines four diverging futures as rising emissions and weak cooperation derail climate goals.
TechnipFMC & Petrobras Pilot Electric Actuation Tech in Brazil
by Zacks Equity Research
FTI and Petrobras are piloting electric actuation technology to boost subsea electrification ahead of a 2026 deployment.
Chevron Shuts Down Leviathan Gas Field Amid Rising Tensions
by Zacks Equity Research
CVX halts operations at Israel's Leviathan gas field amid rising regional tensions, sparking global energy supply concerns.
CVE Makes Complete Output Restoration at Christina Lake Site
by Zacks Equity Research
Cenovus Energy fully restores production at its key Christina Lake site after wildfire-related shutdowns in Alberta.
Eni Monitors Iraq's Security Situation Amid US Embassy Evacuation
by Zacks Equity Research
E is maintaining operations at Iraq's Zubair oilfield while monitoring security risks after the U.S. embassy evacuation.
Chevron and Halliburton Unveil Next-Gen Hydraulic Fracturing
by Zacks Equity Research
CVX partners with HAL to launch an autonomous fracturing system that boosts efficiency, control and shale recovery in Colorado.
Oceaneering Secures Vessel Services Agreement With Major Operator
by Zacks Equity Research
OII secures key subsea services contract to deploy the Harvey Deep Sea vessel and deliver high-quality IMR services in the Gulf of Mexico.
EQT Inks Landmark 10-Year Gas Supply Deals With Duke and Southern
by Zacks Equity Research
EQT locks in 10-year gas deals with Duke and Southern, shifting 20% of output to higher-priced Southeast markets.
Petrobras Expands Energy Output With High-Tech FPSO Solutions
by Zacks Equity Research
PBR partners with ABB and Seatrium to launch all-electric FPSOs, P-84 and P-85, redefining offshore oil production in Brazil.
Cenovus CEO Defends Canada-US Energy Ties Amid Tariff Threats
by Zacks Equity Research
CVE CEO defends Canada's vital oil role in U.S. energy supply, urging policy reform over tariff retaliation amid rising tensions.
EPD Faces Export Setback as US Blocks China-Bound Ethane Cargoes
by Zacks Equity Research
Enterprise faces potential export disruption as the United States moves to block 2.2M barrels of ethane cargoes bound for China.
Oceaneering Wins $33M Navy Contract for Submarine Equipment
by Zacks Equity Research
OII wins $33 million Navy contract to supply key components for Virginia-class submarines through 2030.
BP Takeover Appears Unlikely Due to Size and Complexity
by Zacks Equity Research
BP's size, asset complexity and limited buyer interest make a near-term takeover highly unlikely, say Moelis bankers.
Shell Awards a Subsea Contract for Aphrodite Gas Field to Subsea7
by Zacks Equity Research
SHEL awards Subsea7 a major subsea contract for its Aphrodite gas field, boosting LNG exports from Trinidad and Tobago.
Eni Taps Argentina's Vaca Muerta Potential With Strategic MoU
by Zacks Equity Research
E partners with YPF to fast-track Argentina LNG's first phase, tapping Vaca Muerta's vast shale gas potential.
Here's Why Retain Strategy Is Apt for Ovintiv Stock for Now
by Zacks Equity Research
OVV boosts free cash flow, trims debt and sees Montney gains, but commodity price volatility and execution risks pose challenges.
Petrobras Targets Africa as Key Region for International Growth
by Zacks Equity Research
PBR targets Africa's offshore riches, leveraging Brazil's geological twin basins and bold partnerships to fuel global growth.
Equinor, Centrica Strike 10-Year UK Gas Supply Agreement
by Zacks Equity Research
EQNR inks a 20 billion euro deal with Centrica to supply 10% of UK gas demand for 10 years starting in 2025.
ExxonMobil, SOCAR Sign Deal to Explore Onshore Oil in Azerbaijan
by Zacks Equity Research
XOM signs new deal with SOCAR to explore Azerbaijan's untapped onshore oil, eyeing unconventional reserves for growth.