Brexit: How Does It Affect Energy? Here Are a Few Answers
Nilanjan Choudhury - Zacks Investment Research - Fri Jun 24, 12:45PM CDT
Brexit jitters hit oil, but investors need not panic.
RDS.A: 51.62 (-3.55), TOT: 45.60 (-4.32), APA: 54.86 (-3.30), BP: 32.98 (-1.65), STO: 16.16 (-1.24)
McDermott Gets Pipeline Installation Project Offshore Brunei
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 8:32AM CDT
McDermott International Inc. (MDR) declared that it has secured a pipeline project for 2017.
MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), ICD: 5.88 (+0.13), ENB: 41.54 (-1.50)
Chevron, Shell to Divest Refineries to Retain Profitability
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:03AM CDT
Chevron Corporation (CVX) is contemplating the sale of its refinery and gasoline stations in Burnaby, British Columbia, while integrated energy major, Royal Dutch Shell plc (RDS.A) is seeking buyers for its refinery in Martinez, CA.
BAK: 11.39 (-0.63), RDS.A: 51.62 (-3.55), PBFX: 22.31 (-0.14), CVX: 101.90 (-2.54)
Royal Dutch Shell Plc: Additional Listing
PR Newswire - Mon Jun 20, 4:43AM CDT
Royal Dutch Shell plc ("Shell"
RDS.B: 52.20 (-4.66), RDS.A: 51.62 (-3.55)
Shell and Gazprom Reach Agreement on Baltic LNG Project
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 9:01AM CDT
Integrated energy major, Royal Dutch Shell plc (RDS.A) and Russian gas giant Gazprom recently signed a memorandum of understanding for the Baltic LNG project.
MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), SSL: 26.12 (-2.07), PBFX: 22.31 (-0.14)
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Eni SpA, Statoil and TOTAL
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:30AM CDT
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Eni SpA, Statoil and TOTAL
E: 29.69 (-3.64), RDS.A: 51.62 (-3.55), TOT: 45.60 (-4.32), BP: 32.98 (-1.65), STO: 16.16 (-1.24)
A Bullish Case for Oil with No Production Growth in Sight
Adam Arif - Zacks Investment Research - Wed Jun 15, 5:23PM CDT
Depleting supplies and a record demand of oil products are likely to act cohesively and systematically bring balance to the market.
PBR: 6.74 (-0.47), RDS.A: 51.62 (-3.55), CHK: 4.37 (-0.27), COP: 43.17 (-2.46), XOM: 89.39 (-2.41), CVX: 101.90 (-2.54)
Scientists: Drop Arctic from plans for offshore drilling
By DAN JOLING - AP - Wed Jun 15, 2:31PM CDT
ANCHORAGE, Alaska (AP) — Nearly 400 scientists have signed a letter urging President Obama to eliminate the possibility of Arctic offshore drilling in the near future by taking the Arctic Ocean out of the next federal offshore lease sale plan.
RDS.B: 52.20 (-4.66), RDS.A: 51.62 (-3.55)
Is Iran the World's Next Big Oil Story?
Nilanjan Choudhury - Zacks Investment Research - Wed Jun 15, 11:47AM CDT
Iran is set to emerge as the next big destination for major western oil groups.
E: 29.69 (-3.64), RDS.A: 51.62 (-3.55), TOT: 45.60 (-4.32), BP: 32.98 (-1.65), STO: 16.16 (-1.24)
Shell, Gazprom to Enter into Agreement on Baltic LNG Project
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 9:14AM CDT
According to a report recently published by Reuters, integrated energy major, Royal Dutch Shell plc (RDS.A) and Russian gas giant Gazprom are expected to enter into an agreement on a planned Baltic liquefied natural gas (LNG) project.
RDS.A: 51.62 (-3.55), TOT: 45.60 (-4.32), PBFX: 22.31 (-0.14), PTR: 65.75 (-5.79)
Petrobras (PBR) Likely to Divest Stakes in Japanese Unit
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 9:12AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to auction its stakes in its Japanese unit on the tropical island of Okinawa.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), XOM: 89.39 (-2.41)
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Southwestern Energy, Williams Companies and Energy Transfer Equity
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:30AM CDT
The Zacks Analyst Blog Highlights: Royal Dutch Shell, BP, Southwestern Energy, Williams Companies and Energy Transfer Equity
RDS.A: 51.62 (-3.55), ETE: 13.83 (-0.52), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), SWN: 12.62 (-0.95)
Oil & Gas Stock Roundup: Shell Unveils New Strategy, BP to Spin Off Norway Business
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 14, 1:32PM CDT
Royal Dutch Shell (RDS.A) unveiled a strategy to reshape the company through steeper cost cuts, while BP (BP) has agreed to spin off Its local business in Norway.
RDS.A: 51.62 (-3.55), RIG: 11.27 (-0.76), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), SWN: 12.62 (-0.95), STO: 16.16 (-1.24)
Shell to Restart Purchase of Crude from Iran After Total
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:06AM CDT
Europe's largest energy producer Royal Dutch Shell plc (RDS.A) has decided to restart buying Iranian crude is now grabbing attention
BAK: 11.39 (-0.63), RDS.A: 51.62 (-3.55), SSL: 26.12 (-2.07), TOT: 45.60 (-4.32), PTR: 65.75 (-5.79)
Crude Marches Higher: 5 Energy Stocks with Great Momentum
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:45AM CDT
Energy investors are all fired up with West Texas Intermediate crude making a dramatic comeback, breaching the $50 per barrel barrier and still going strong.
HERO: 1.22 (+0.01), E: 29.69 (-3.64), MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), BWP: 17.59 (-0.32), COP: 43.17 (-2.46), NADL: 6.80 (-1.02), CPGX: 25.47 (-0.01)
KBR Incorporated's 10 Top-Valued Projects Anchored in LNG, Offshore Drilling Markets, an Industrial Info News Alert
Marketwired - Thu Jun 09, 5:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 9, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- KBR Incorporated (NYSE:KBR) (Houston, Texas) has been riding the wave of liquefied natural gas (LNG) and offshore drilling projects that have crested in the past few years. Across all industries, the engineering, procurement and construction (EPC) provider is involved in 155 projects that carry a total investment value of $144.52 billion. More than 75% of its active projects are in the Oil & Gas Production Industry -- including all of its 10 highest-valued projects, which account for more than half of the TIV.
KMI: 17.99 (-0.91), E: 29.69 (-3.64), RDS.A: 51.62 (-3.55), KBR: 13.12 (-1.23), BP: 32.98 (-1.65), CVX: 101.90 (-2.54)
Shell to end longtime sponsorship with Houston Open
AP - Wed Jun 08, 6:17PM CDT
HOUSTON (AP) — Shell Oil Co. has decided not to extend its title sponsorship of the Houston Open after next year, ending the third-longest running title sponsorship on the PGA Tour.
RDS.B: 52.20 (-4.66), RDS.A: 51.62 (-3.55)
Royal Dutch Shell (RDS.A) Unveils New Plans, Eyes No. 1 Spot
Nilanjan Choudhury - Zacks Investment Research - Wed Jun 08, 1:46PM CDT
Royal Dutch Shell (RDS.A) has embarked on a slew of cost-cutting initiatives to boost sluggish shares.
MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), XOM: 89.39 (-2.41), NADL: 6.80 (-1.02)
Crude Oil Hits $50: Energy Stock Winners Year to Date
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:48AM CDT
A new ray of hope can be seen in the energy space with the crude barrier for both Brent and WTI breaching the $50 per barrel.
RDS.A: 51.62 (-3.55), TOT: 45.60 (-4.32), BBG: 6.86 (-0.52), XOM: 89.39 (-2.41), BP: 32.98 (-1.65), DNR: 4.30 (-0.38), DWSN: 7.23 (-0.40), SWN: 12.62 (-0.95), BHI: 45.22 (-1.95)