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Zacks News
Tullow (TUWOY) Granted Approval for Uganda Asset Divestment
by Zacks Equity Research
Tullow (TUWOY) receives approval from the Uganda government for the sale of a $575-million stake to TOTAL, which will improve the company's liquidity.
Oil & Gas International E&P Stock Outlook Upbeat on OPEC+ Cuts
by Nilanjan Choudhury
Currently at a five-month high above $45, the oil market is expected to tighten through the remainder of 2020, supported by the OPEC+ cuts.
Oil & Gas International E&P Industry: Coronavirus Destroys Demand
by Nilanjan Choudhury
Oil prices are unlikely to trade much higher from current levels in the near term, meaning pain ahead for the international E&P operators.
Oil & Gas Discoveries Hit 4-Year High: What Does it Imply?
by Kaibalya Pravo Dey
Energy behemoth ExxonMobil (XOM) leads the discoveries with four new findings in offshore Guyana in 2019.
Oil & Gas International E&P Industry Plagued by Supply Overhang
by Nilanjan Choudhury
Despite OPEC's continued production cut pledge, the world will still face a supply surplus in 2020 on North American shale production growth.
Oil & Gas Stock Roundup: Chevron's 2020 Capex, Transocean's Contract Win & More
by Nilanjan Choudhury
Chevron (CVX) set its investment budget for 2020 at $20 billion. Meanwhile, Transocean (RIG) announced that it has been awarded a one-year contract worth $91 million.
Kosmos (KOS) Dives Due to Partners' Ghana Production Issues
by Zacks Equity Research
Failed drilling of the Resolution well and disappointing results from its partners' Ghana fields induce Kosmos' (KOS) share price fall, thereby hurting investor confidence.
Tullow Tanks on Lower Production View, Dividend Suspension
by Zacks Equity Research
Tullow (TUWOY) is looking for a new CEO and until replacement, Dorothy Thompson will serve as the interim CEO.
Oil & Gas Stock Roundup: Energy Transfer's Acquisition, ExxonMobil's Guyana Oil Find & More
by Nilanjan Choudhury
Midstream biggie Energy Transfer (ET) said on Monday it would buy SemGroup (SEMG) for $5.1 billion. Meanwhile, supermajor ExxonMobil (XOM) confirmed its 14th oil discovery off the coast of Guyana.
Tullow Finds Oil for the 2nd Time in Orinduik Block, Guyana
by Zacks Equity Research
Tullow Oil's (TUWOY) Joe-1 oil discovery follows its massive and significant oil discovery in August at its Jethro-1 exploration well in Guyana.
OPEC Supply Cuts to Boost Oil & Gas International E&P Industry
by Nilanjan Choudhury
The oil market appears well supported, especially through steady demand from Asian consumers like China and India.
Oil & Gas Stock Roundup: Good News for TransCanada, Enbridge
by Nilanjan Choudhury
Bringing in pleasant news for TransCanada (TRP), Donald Trump issued a new presidential permit in an attempt to kick-start the much-delayed Keystone XL project.
Tullow Oil Finds 2nd Well Site in Orinduik Offshore Guyana
by Zacks Equity Research
In mid-July 2019, Tullow Oil (TUWOY) is likely to drill the second well in the Orinduik oil and gas field at 650 meters of water depth.
World Cup Success, GDP Growth Boost U.K. Economy: 5 Picks
by Gourav Kanti Bagchi
With England geared up to face Croatia in the second semi-final and strong GDP growth, U.K. clearly has a lot more to gain.
Will CNOOC Generate First Oil From Kingfisher Field in 2021?
by Zacks Equity Research
From the Kingfisher field, CNOOC (CEO) is intending to pump out roughly 40,000 barrels of crude on a daily basis.
BP Receives Five Prolific Oil Blocks Offshore Ivory Coast
by Zacks Equity Research
BP and its partner Kosmos will work in the five blocks along with state-run company, Petroci.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, Cheniere Energy Partners, Petrobras and Tullow Oil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, Cheniere Energy Partners, Petrobras and Tullow Oil
Oil & Gas Stock Roundup: RDS.A Buys EV Charging Network, CVX Cancels Australia Drilling Plan
by Nilanjan Choudhury
Global energy provider Royal Dutch Shell (RDS.A) agreed to buy electric car charging network owner NewMotion, while U.S. supermajor Chevron (CVX) dumped plans to drill in the Great Australian Bight.
Tullow to Gain from Ivory Coast Onshore Block Acquisition
by Zacks Equity Research
Tullow (TUWOY) increases its presence in Ivory Coast with its latest onshore acquisition.
Tullow Offers Operational Update for 2016, Guidance for 2017
by Zacks Equity Research
Tullow Oil Plc (TUWOY) recently issued a statement regarding its operational activities.