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Zacks News
Eni (E) Expands Footprint in Mexico with New Block Wins
by Zacks Equity Research
Eni SpA (E) has been awarded three out of 10 offshore blocks by Mexico's National Hydrocarbon Commission (CNH) in the Sureste Basin, situated in the Gulf of Mexico.
Canadian Solar Divests Stake in Brazil's Pirapora II Project
by Zacks Equity Research
Canadian Solar Inc. (CSIQ) has announced the divestment of 80% stake of its Pirapora II solar energy project to EDF EN do Brasil.
Top Ranked Income Stocks to Buy for June 21st
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, June 21st:
Chevron Spared of $9.5B Fine in Ecuador Case by US Court
by Zacks Equity Research
Chevron Corporation (CVX) welcomed the recent verdict of the U.S. Supreme Court which immunized Chevron from the payment of a landmark $9.5 billion fine for a pollution related case in Ecuador.
Natural Gas Prices Flat Despite Small Inventory Addition
by Nilanjan Choudhury
U.S. natural gas futures stayed flat week-over-week as a bullish inventory data was canceled by fears about the commodity's production strength.
Oil Tumbles After EIA Shows Small Decline in Inventories
by Nilanjan Choudhury
Oil prices fell to 7-month lows after government figures showed a smaller-than-expected decrease in U.S. stocks.
JinkoSolar Inks Cooperation Agreement with Quantum Power
by Zacks Equity Research
JinkoSolar Holding Co., Ltd. (JKS), a global leader in the solar industry, has announced that its Japanese subsidiary ??? Jinko Japan ??? has signed a Cooperation Agreement with Quantum Power GK of Japan.
EOG Resources Ramps Up Well Drilling, Lacks Diversification
by Zacks Equity Research
On Jun 15, we issued an updated research report on EOG Resources Inc. (EOG).
Baker Hughes Cut to Sell on North American Overdependence
by Zacks Equity Research
On Jun 15, oilfield services player Baker Hughes Incorporated (BHI) was downgraded to a Zacks Rank #4 (Sell).
Kinder Morgan (KMI) to Ride on Fee-Based Deals, Debts High
by Zacks Equity Research
On Jun 13, we issued an updated research report on energy infrastructure company Kinder Morgan Inc. (KMI).
ExxonMobil Achieves Success with Production Test on Muruk 1
by Zacks Equity Research
ExxonMobil Corporation (XOM) announced positive production well test results from the Muruk 1 sidetrack 3 well situated in the Papua New Guinea North Highlands.
Enbridge (ENB) JV Alliance Pipeline Announces Force Majeure
by Zacks Equity Research
Enbridge (ENB) and Calgary-based energy infrastructure company Veresen's joint venture, Alliance Pipeline, recently announced force majeure on its export pipeline connecting Chicago.
Eni SpA Submits a Proposal for Performing Drilling in Alaska
by Zacks Equity Research
Eni SpA (E) intends to carry out a drilling program offshore Alaska, from the man-made island, Spy Island Drillsite in the Beaufort Sea.
Natural Gas Ticks Higher Despite Large Inventory Addition
by Nilanjan Choudhury
U.S. natural gas futures ignored the bearish government data to score a weekly gain on favorable weather forecasts.
Stone Energy Starts (SGY) Drilling at Rampart Deep Prospect
by Zacks Equity Research
Stone Energy Corporation (SGY) announced that drilling operations on its Rampart Deep Prospect in Mississippi Canyon Block 116 started on Jun 3, 2017.
Eni to Begin Oil Production from Sankofa Ahead of Schedule
by Zacks Equity Research
Italy-based Eni SpA (E) announced that it will commence commercial oil and gas production at its Sankofa field off the coast of Ghana in July, three months prior to schedule.
Centrica (CPYYY) to Divest Canada-Based E&P Assets for $305M
by Zacks Equity Research
Centrica plc (CPYYY) recently announced that it is about to divest its Canadian oil and gas exploration and production joint venture to a consortium.
Cabot's Marcellus Presence Impress, Falling Gas Prices a Woe
by Zacks Equity Research
On Jun 8, we issued an updated research report on Cabot Oil and Gas (COG).
U.S. Remains World's Top Petroleum Producer in 2016
by Nilanjan Choudhury
Federal data showed that the U.S. produced more petroleum liquids and natural gas than any other nation for the fifth consecutive year in 2016.
Canada Oil Sands Likely to See More Chinese Investment
by Zacks Equity Research
Canada is encouraging Chinese companies to invest in its oil sands.
Enbridge (ENB) Chalks Out Oil & Gas Pipeline Expansion Plans
by Zacks Equity Research
Enbridge Inc. (ENB) announced plans of expanding its oil and gas pipelines to support the rising output of commodities in Western Canada.
Statoil Inks Swap Agreement with BP for Australian Wells
by Zacks Equity Research
Statoil ASA (STO) has inked a swap agreement with BP plc (BP) and has been granted regulatory approval to take over two exploration permits and extend its work program in the Great Australian Bight.
Shell's Forcados Oil Terminal Restart Lifts Nigeria Export
by Zacks Equity Research
Shell (RDS.A) recently lifted force majeure on Nigeria's Forcados crude oil export.
Williams Partners' Pipeline Demand to Grow, Debt Level High
by Zacks Equity Research
On Jun 6, we initiated coverage on energy infrastructure provider, Williams Partners LP (WPZ).
Oil Prices Sink on Shock U.S. Crude Inventory Build
by Nilanjan Choudhury
Oil prices fell to one-month lows after government figures showed a surprise increase in U.S. stocks.