Pedevco (PED)
(Delayed Data from AMEX)
$0.99 USD
-0.03 (-2.78%)
Updated Oct 2, 2024 03:59 PM ET
After-Market: $1.00 +0.01 (0.85%) 5:24 PM ET
1-Strong Buy of 5 1
B Value C Growth F Momentum C VGM
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$0.99 USD
-0.03 (-2.78%)
Updated Oct 2, 2024 03:59 PM ET
After-Market: $1.00 +0.01 (0.85%) 5:24 PM ET
1-Strong Buy of 5 1
B Value C Growth F Momentum C VGM
Zacks News
Saipem Secures Key Role in Libyan Offshore Gas Project Worth $8B
by Zacks Equity Research
SAPMF states that it has pre-qualified for EPCC work for Production Platform E, allowing the company to construct one of the largest production platforms in the Mediterranean region.
Petrobras & Staatsolie Sign MoU to Explore Collaboration Opportunities
by Zacks Equity Research
PBR believes that collaborating with Staatsolie might result in the adoption of more sustainable oil and gas practices, making its operations more resilient to climate change.
Suncor's Guilty Plea in 2019 Incident: Fines to be Imposed
by Zacks Equity Research
SU pleads guilty to safety breach after a 2019 incident on Terra Nova vessel, resulting in fines and a mandated review of its safety protocols.
Petrofac Plans to Undergo Financial Restructuring to Boost Liquidity
by Zacks Equity Research
POFCY's financial restructuring plan to convert a significant portion of its debt into equity is a significant step toward strengthening the company's balance sheet.
ExxonMobil Secures 20-Year Access to Guangdong Energy's LNG Terminal
by Zacks Equity Research
The agreement with Guangdong Energy Group in China should allow XOM to use the terminal to handle 1.8 million tons of LNG per year.
Halliburton Launches Fully Automated Hydraulic Fracturing Service
by Zacks Equity Research
HAL's Octiv Auto Frac service enables the implementation of fracture design without any human intervention, improving efficiency and safety in frac operations.
Vertex Energy Initiates Bankruptcy Proceedings, Shares Plunge
by Zacks Equity Research
VTNR enters a Restructuring Support Agreement, supported by $80M Debtor-in-Possession financing, to continue day-to-day operations.
Shell Outbids Competitors to Secure Trinidad Shallow Water Block
by Zacks Equity Research
SHEL's victory to secure a key shallow water block in Trinidad and Tobago is significant for increasing gas supply to its majority-owned Atlantic LNG project.
Repsol to Expand Ownership in Mexico's Block 29, Buy PTTEP's Stake
by Zacks Equity Research
REPYY currently holds a 30% operating interest and serves as the operator of Block 29. The company is expected to increase its stake to 46.67%.
Shell Halts Blue Hydrogen Project in Norway Due to Non-feasibility
by Zacks Equity Research
SHEL shelves its blue hydrogen project in Norway due to weak demand, highlighting challenges faced by the clean energy industries.
Petrobras Offers Constellation Two Drillship Contracts Worth $1B
by Zacks Equity Research
PBR's contract with Constellation involves two ultra-deepwater drillships, Laguna Star and Tidal Action, expected to begin new contracts in third-quarter 2025.
Shell Struggles to Divest Its Stake in German Schwedt Refinery
by Zacks Equity Research
SHEL's planned sale of a 37.5% stake in the Schwedt refinery encounters challenges owing to certain pending lawsuits by third parties.
SLB and Aramco to Develop Digital Solutions to Curb GHG Emissions
by Zacks Equity Research
SLB and Aramco are working to develop digital solutions aimed at reducing greenhouse gas emissions. The idea is to consolidate these solutions into SLB's digital sustainability platform.
TechnipFMC Secures Two Petrobras Subsea Contracts in Brazil
by Zacks Equity Research
FTI bags two major contracts from Petrobras to enhance subsea production systems, extending its expertise in Brazil's pre-salt oil fields.
Saipem Wins Major Offshore Contract for Marjan Field in Saudi Arabia
by Zacks Equity Research
SAPMF's latest offshore contract falls under its existing Long-Term Agreement with Saudi Aramco. The contract is valued at approximately $2 billion.
ConocoPhillips Lands Natural Gas Supply Deal With German Energy Firm
by Zacks Equity Research
COP signs a long-term agreement with Uniper to supply natural gas via pipelines and not as liquefied natural gas.
Chesapeake Energy's Merger Deal to Close Early in Q4 2024
by Zacks Equity Research
CHK and SWN's all-stock deal is set to close early in the fourth quarter of this year after the FTC???s request for additional information postponed it.
Vallourec to Enhance Tubular Solutions Portfolio With New Acquisition
by Zacks Equity Research
VLOWY is set to acquire 100% of the shares in Mattr's subsidiary, Thermotite do Brasil. The transaction is expected to take place on a cash-free and debt-free basis.
Saipem Secures Major Offshore Contract Worth $4B From QatarEnergy
by Zacks Equity Research
SAPMF's latest contract win is part of the North Field production sustainability offshore compression complexes program.
Saipem's Scarabeo 8 Semi-Submersible Rig to Stay in Norway till 2026
by Zacks Equity Research
SAPMF's sixth-generation semi-submersible drilling rig secures a contract extension with Aker BP, prolonging its stay in the Norwegian Continental Shelf.
BP Launches Green Hydrogen Initiative to Promote Decarbonization
by Zacks Equity Research
BP's 25 MW green hydrogen project, in partnership with Iberdrola, is set to be developed through their 50-50 joint venture Castellon Green Hydrogen S.L.
TC Energy's Pipeline Deal With Indigenous Communities Hits Snag
by Zacks Equity Research
TRP continues to focus on finalizing a deal with an indigenous-owned investment partnership for the NGTL System and the Foothills Pipeline assets.
Saipem Launches XolarSurf's First Prototype for Testing in Norway
by Zacks Equity Research
SAPMF's XolarSurf is a floating solar energy system designed for harsh offshore environments. The solution can produce electricity from solar panels fitted on floaters.
Transocean Secures New Drilling Assignment in the Gulf of Mexico
by Zacks Equity Research
Work related to RIG's new eighth-generation drillship, Deepwater Atlas, is expected to begin in the second quarter of 2028.
Zacks Industry Outlook Highlights Oil States International, PEDEVCO and Profire Energy
by Zacks Equity Research
Oil States International, PEDEVCO and Profire Energy have been highlighted in this Industry Outlook article.