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Zacks News
SunPower (SPWR) to Build 28 MW Air Force Solar Project
by Zacks Equity Research
SunPower Corp. (SPWR) has initiated construction of a 28 megawatt (MW) solar photovoltaic system at Vandenberg Air Force Base near Lompoc, CA.
EOG Resources, Carlyle to Form $400 Billion Joint Venture
by Zacks Equity Research
EOG Resources Inc. (EOG) and global private equity firm The Carlyle Group L.P. (CG) recently inked an agreement to form a joint venture ("JV"). Carlyle which will invest about $400 million to assist EOG develop its oil and natural gas assets in Oklahoma.
2 Leakages Found in ETP Pipeline
by Zacks Equity Research
Dakota Access pipeline leaked more than 100 gallons of oil in North Dakota.
Helmerich & Payne (HP) to Acquire Drilling Tech Firm MOTIVE
by Zacks Equity Research
Helmerich & Payne Inc. (HP) recently entered into an agreement to acquire Dallas-based drilling tech firm MOTIVE Drilling Technologies, Inc.
Chesapeake (CHK) Declares Pricing of $750M Notes Offering
by Zacks Equity Research
Chesapeake Energy Corporation (CHK) declared the pricing of its senior notes that have been offered to eligible purchasers in a private placement.
Exxon Declares Completion of Two Polyethylene Lines in Texas
by Zacks Equity Research
ExxonMobil Corporation's (XOM) subsidiary company, ExxonMobil Chemical Company announced the mechanical completion of two new 650,000 tons per year high performance polyethylene lines at its plastics plant in Mont Belvieu, TX.
BP Reinitiates $5.7 Billion Quad 204 Project at Offshore UK
by Zacks Equity Research
BP plc (BP) on behalf of its co-venturers -- Royal Dutch Shell plc (RDS.A) and Siccar Point Energy -- announced the restart of operations of the Quad 204 project in the redeveloped Schiehallion Area, west of Shetland region, offshore U.K.
Oceaneering's (OII) Inspection Agreement Extended by Statoil
by Zacks Equity Research
Oceaneering International, Inc. (OII) recently announced that it has secured a three-year extension from Norwegian oil and gas company Statoil ASA (STO) for one of its oilfield business segments, Asset Integrity.
Natural Gas Slips on Larger-than-Expected Stock Build
by Nilanjan Choudhury
U.S. natural gas futures fell after government data showed that supplies in storage increased more-than-expected last week.
Eni Begins Oil & Gas Project in OCTP Block Ahead of Schedule
by Zacks Equity Research
Eni SpA (E) recently announced that its Integrated Oil & Gas Development Project in the Offshore Cape Three Points (OCTP) block has come online three months ahead of schedule.
ExxonMobil, SABIC Ink Deal to Forge Ahead with U.S. Project
by Zacks Equity Research
ExxonMobil Corporation???s (XOM) affiliates and SABIC recently inked an agreement to carry out a comprehensive study of the planned Gulf Coast Growth Ventures project in Texas.
Delek Logistics (DKL) Prices Senior Notes Worth $250 Million
by Zacks Equity Research
Delek Logistics Partners, LP (DKL) with subsidiary Delek Logistics Finance Corp., announced the pricing of 6.75% senior unsecured notes worth $250 million
Keane (FRAC) Inks Deal to Buy RockPile Energy for $284.5M
by Zacks Equity Research
Keane Group, Inc. (FRAC) recently announced that it has entered into an agreement to acquire RockPile Energy Services, LLC for $284.5 million.
Is it Worth Holding Ensco plc (ESV) in Your Portfolio?
by Zacks Equity Research
We issued an updated research report on offshore contract driller Ensco plc (ESV) on May 18, 2017.
Statoil Projects Over 50% Rise in U.S Offshore Production
by Zacks Equity Research
Statoil ASA (STO) recently declared that it anticipates net production from offshore operation in the U.S Gulf of Mexico to increase by more than 50% by 2020.
Exxon Mobil (XOM) to Foray into the Mexican Fuel Market
by Zacks Equity Research
Exxon Mobil Corporation (XOM) recently announced its intention to enter the retail fuel market of Mexico.
ConocoPhillips Concludes Asset Divestment to Cenovus Energy
by Zacks Equity Research
ConocoPhillips (COP) recently announced that it has concluded its earlier announced transaction with Cenovus Energy Inc. (CVE) pertaining to the divestment of the company's 50% non-operated interest in the Foster Creek Christina Lake ("FCCL") oil sands partnership as well as the majority of its western Canada Deep Basin gas assets.
BP Plc (BP) Projects Significant Production Growth by 2020
by Zacks Equity Research
BP Plc (BP) recently announced that it anticipates production to reach 4 million barrels of oil equivalent per day (BOE/D) by the end of 2020.
SM Energy (SM) Postpones Divide County Asset Divestiture
by Zacks Equity Research
SM Energy Company (SM) recently announced its decision to indefinitely defer its planned sale of Divide County, ND assets.
Is it Worth Holding EOG Resources (EOG) in Your Portfolio?
by Zacks Equity Research
We issued an updated research report on upstream energy company EOG Resources Inc. (EOG) on May 16, 2017.
The Zacks Analyst Blog Highlights: Canadian Natural Resources, Ocean Rig UDW, McDermott International, C&J Energy Services and W&T Offshore
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Canadian Natural Resources, Ocean Rig UDW, McDermott International, C&J Energy Services and W&T Offshore
5 Oil Stocks to Buy on Probable OPEC Deal Extension
by Zacks Equity Research
High time to buy oil stocks now as crude nears $50 per barrel psychological mark again following expected OPEC deal extension.
Eni (E) Begins Production at Jangkrik Development Project
by Zacks Equity Research
Eni SpA (E) recently commenced gas production from a project in deep water offshore Indonesia - Jangkrik Development Project. Notably, work on the project has started ahead of schedule.
ExxonMobil's Muruk-1 Sidetrack Well Yields Positive Results
by Zacks Equity Research
ExxonMobil Corporation (XOM) recently came up with positive drilling results on the Muruk-1 sidetrack well in the Papua New Guinea ("PNG") North Highlands.
Sinopec (SNP) Plans Foreign Investments of Over $30 Billion
by Zacks Equity Research
China Petroleum & Chemical Corporation or Sinopec (SNP) recently announced its intention to invest in the continued expansion to other countries.