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Zacks News
Here's Why BP Taps Hybrid Bond Market for the First Time
by Zacks Equity Research
The issuance of hybrid bond will fortify BP's financial footing.
Oil & Gas Stock Roundup: BP's Job Cuts, TOTAL's Wind Farm Deal & More
by Nilanjan Choudhury
BP plc (BP) said it would cut 10,000 jobs in response to crashing oil prices, while TOTAL S.A. (TOT) agreed to purchase a 51% stake in the Seagreen 1 offshore wind farm project in Scottish waters.
TOTAL to Buy Stake in Seagreen 1, Boost Renewable Portfolio
by Zacks Equity Research
TOTAL (TOT) decides to further expand the clean power generation capacity through the acquisition of a 51% interest in the Seagreen 1 offshore wind farm project from SSE Renewables.
Occidental (OXY) to Cut Dividend Again to Preserve Liquidity
by Zacks Equity Research
Occidental's (OXY) board of directors decides to lower dividend rate again to preserve liquidity amid this unprecedented economic crisis caused by COVID-19.
Southern Company (SO) Targets Net-Zero Emissions by 2050
by Zacks Equity Research
Southern Company (SO) is set to adopt technology-based negative carbon solutions to boost emission-reduction efforts.
Will the $8.8B Bailout Bring France Auto Sector Back on Track?
by Rimmi Singhi
President Macron wants France to become the leading producer of clean cars in Europe, and targets to produce more than 1 million electric and hybrid cars per year over the next five years.
Oil & Gas Stock Roundup: Halliburton Lowers Dividend, National Oilwell Stops Paying
by Nilanjan Choudhury
Halliburton (HAL) told investors it is cutting its dividend by 75%, while National Oilwell Varco (NOV) board suspended the quarterly payout indefinitely to retain cash in the business.
B&G Foods, Boot Barn, Royal Dutch Shell, TOTAL and BP highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
B&G Foods, Boot Barn, Royal Dutch Shell, TOTAL and BP highlighted as Zacks Bull and Bear of the Day
America's Fossil Fuel or Europe's Bet on Low Carbon Future?
by Zacks Equity Research
The coronavirus pandemic has indelibly impacted the global energy sector. Although the demand for oil has noticeably dropped and prices have plunged, the pace of shift to renewable energy from fossil fuel is still uncertain.
Occidental, TOTAL Cancel Deal for Remaining Africa Assets
by Zacks Equity Research
After TOTAL decides against acquiring Occidental's (OXY) Ghana assets, the latter is set to find a new buyer for the same.