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Zacks News
SLB and Aker Solutions Win Contract for Carbon Capture in Norway
by Zacks Equity Research
SLB and Aker Solutions win a key contract to deploy a modular carbon capture plant at Hafslund Celsio's Oslo facility, marking a crucial step in Norway's Longship CCS project.
Kinder Morgan Announces the Advancement of $1.7B Gas Pipeline in Texas
by Zacks Equity Research
KMI announces the $1.7B Trident pipeline project in Katy, set to deliver 1.5B cubic feet of natural gas daily by 2027, driven by growing energy demand in Texas.
Hess Q4 Earnings Beat Estimates, Revenues Rise Year Over Year
by Zacks Equity Research
HES' Q4 earnings gain from increased oil-equivalent production and lower costs, though partially weighed down by weaker realized crude and natural gas prices.
ExxonMobil Launches Natural Gas Exploration Project Offshore Cyprus
by Zacks Equity Research
XOM begins exploratory drilling offshore Cyprus at the Electra prospect. The region has shown promising results, as highlighted by XOM???s 2019 discovery at the Glaucoma well.
Equinor Extends Contract With Odfjell Drilling for Deepsea Atlantic
by Zacks Equity Research
EQNR extends its contract with Odfjell Drilling for the Deepsea Atlantic rig until 2027, with options for further extensions up to 2030.
Diversified Energy to Enter the Permian Via Maverick Acquisition
by Zacks Equity Research
DEC's acquisition of Maverick Natural Resources is expected to bring the total production of the combined company to 59,000 barrels of oil equivalent per day.
Is EOG Resources (EOG) Stock Outpacing Its Oils-Energy Peers This Year?
by Zacks Equity Research
Here is how EOG Resources (EOG) and Sunoco LP (SUN) have performed compared to their sector so far this year.
Why the Market Dipped But Sunoco LP (SUN) Gained Today
by Zacks Equity Research
In the closing of the recent trading day, Sunoco LP (SUN) stood at $55.82, denoting a +0.02% change from the preceding trading day.
ConocoPhillips Takes Over Full Operatorship of Kebabangan Gas Field
by Zacks Equity Research
COP becomes the sole operator of the Kebabangan gas field, which has an export capacity of up to 750 million standard cubic feet per day.
Equinor Awards Pre-FEED Contracts for Bay du Nord FPSO in Canada
by Zacks Equity Research
EQNR's Bay du Nord project involves several offshore oil discoveries in the Flemish Pass basin. The first discovery in Bay du Nord was made by EQNR in 2013.
Kinder Morgan Q4 Earnings Miss Estimates, Revenues Fall Y/Y
by Zacks Equity Research
KMI Q4 earnings suffer due to lower volumes on certain systems and the effect of asset divestitures during the quarter.
Equinor Secures $225M for Arkansas Lithium Project Expansion
by Zacks Equity Research
EQNR and Standard Lithium secure a $225M grant to develop the SWA lithium project, targeting 45,000 tons of battery-grade lithium carbonate annually.
BP Achieves Milestone in GTA Project With First FLNG Gas
by Zacks Equity Research
BP's GTA project advances with FLNG Gimi commissioning, unlocking long-term value with 20 years of LNG production.
Here's Why Sunoco LP (SUN) Gained But Lagged the Market Today
by Zacks Equity Research
Sunoco LP (SUN) closed the most recent trading day at $54.73, moving +0.26% from the previous trading session.
BP Recommences Operations at Azerbaijan's Shah Deniz Field
by Zacks Equity Research
BP resumes production at Shah Deniz Alpha in the Caspian Sea after fixing a subsea pipeline issue, ensuring gas supplies to key regions like Serbia and Bulgaria.
ExxonMobil Unearths Gas in Egypt With Valaris Drillship
by Zacks Equity Research
XOM discovers gas off Egypt's Mediterranean coast with Valaris DS-9 drillship, marking a breakthrough in the untapped western region.
HAL Nears Deal to Increase Production From Iraq's Nahr Bin Omar Field
by Zacks Equity Research
Halliburton is expected to help Iraq increase its production from the Nahr Bin Omar field to 300,000 barrels per day (bpd) from its current 50,000 bpd.
Is Kinder Morgan Poised for a Beat in Fourth-Quarter Earnings?
by Zacks Equity Research
Expanding LNG exports, robust natural gas demand, and long-term contracts are likely to have aided KMI's financial performance in Q4.
KRP Closes Acquisition of Royalty Interests in the Midland Basin
by Zacks Equity Research
Kimbell Royalty Partners estimates production from the acquired assets in the Midland Basin to be approximately 1,842 Boe/d for full-year 2025.
Atlas Energy's Dune Express Conveyor System Completes First Delivery
by Zacks Equity Research
AESI believes that Dune Express will improve the speed of sand delivery in the Permian Basin region, thereby enhancing efficiency and reliability for operators in the region.
Earnings Estimates Rising for Sunoco LP (SUN): Will It Gain?
by Zacks Equity Research
Sunoco LP (SUN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
SLB Beats on Q4 Earnings, Provides '25 Capex Guidance
by Zacks Equity Research
SLB's Q4 earnings benefit from broad-based growth and margin expansion in the Middle East and Asia, alongside AI advancements and digital solutions.
BP Announces Layoffs, Aims to Cut At Least $2B in Costs by 2026
by Zacks Equity Research
BP announces a 5% reduction in its global workforce, including almost 4,700 employees and 3,000 contractor positions.
Eni Concludes Construction of 200 MW Battery Storage System in Texas
by Zacks Equity Research
E's newly built Guajillo plant is the company's largest battery storage system, equipped with lithium-ion LFP batteries.
Talos Encounters Major Hydrocarbon Reserves in the Gulf of Mexico
by Zacks Equity Research
TALO plans to begin production from the Katmai West #2 well in the second quarter of 2025. The well will be tied back to TALO's Tarantula facility.