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Zacks News
Equinor, Centrica Strike 10-Year UK Gas Supply Agreement
by Zacks Equity Research
EQNR inks a 20 billion euro deal with Centrica to supply 10% of UK gas demand for 10 years starting in 2025.
ExxonMobil, SOCAR Sign Deal to Explore Onshore Oil in Azerbaijan
by Zacks Equity Research
XOM signs new deal with SOCAR to explore Azerbaijan's untapped onshore oil, eyeing unconventional reserves for growth.
BP Secures Long-Term LNG Deal With India's Torrent Power
by Zacks Equity Research
BP signs decade-long LNG deal with Torrent Power to fuel India's gas plants and distribution push.
ExxonMobil Consortium Reports $10.4B Profit From Guyana in 2024
by Zacks Equity Research
XOM and partners raked in $10.4B from Guyana in 2024 as output rose and the basin tightened under their control.
BP & Partners Greenlight $2.9 Billion Shah Deniz Gas Field Expansion
by Zacks Equity Research
BP-led consortium commits $2.9 billion to expand Azerbaijan's Shah Deniz field to access low-pressure gas reserves in the field and boost the field's production capacity.
Shell Approves Final Investment Decision for Aphrodite Field
by Zacks Equity Research
SHEL approves its Aphrodite gas project located offshore Trinidad, aiming to boost LNG output and secure long-term supply by 2027.
Chevron Advances Global Workforce Reduction Plan With Texas Layoffs
by Zacks Equity Research
CVX to lay off nearly 200 Texas workers in July as part of a global workforce cut of up to 20% by 2026, to reduce costs and streamline its operations.
Here's Why Retain Strategy Is Apt for Delek US Stock Now
by Zacks Equity Research
DK's operational gains and strategic steps support growth, yet margin softness, execution risks and crude supply uncertainty temper the outlook.
Petrobras Announces Gasoline Price Cut for Distributors
by Zacks Equity Research
PBR announces it will cut gasoline prices by 0.17 reais to 2.85 reais/liter, effective Tuesday, following rising demand and a shift in pricing policy.
Equinor Advances LNG Decarbonization With Axess-Aibel Deal
by Zacks Equity Research
EQNR accelerates CO2 cuts with new Axess-Aibel deal for its LNG decarbonization drive at Hammerfest.