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Zacks News
Shell Pulls Out of 19-Year Motiva JV with Saudi Aramco
by Zacks Equity Research
Royal Dutch Shell PLC (RDS.A) and Saudi Arabian Oil Co. or Saudi Aramco recently finalized an agreement to split up their 19-year joint venture (JV) -- Motiva Enterprises LLC.
ONEOK Partners: Contract Conversion Helps, Regulations Hurt
by Zacks Equity Research
ONEOK Partners, L.P. (OKS) has seen mixed earnings estimates lately.
Shell and Eni Slapped with Corruption Charges in Nigeria
by Zacks Equity Research
Royal Dutch Shell (RDS.A) and Eni SpA (E) were recently got hit by criminal charges by Nigeria's anti-graft agency over the $1.1 billion acquisition of Africa's richest oil blocs in 2011.
TransCanada (TRP) to Divest Stakes in 2 U.S. Pipelines
by Zacks Equity Research
TransCanada Corporation (TRP) recently announced the sale of two U.S. pipelines to affiliated limited partnership, TC Pipelines, LP (TCP) in order to fund the purchase of Columbia Pipeline Group.
Petrobras (PBR) Board Okays Settlement of 4 Individual Suits
by Zacks Equity Research
Petroleo Brasileiro S.A. or Petrobras (PBR) recently announced that its Board of Directors has approved to settle four investor lawsuits filed in the Federal Court of New York.
Williams Companies (WMB) Hikes Quarterly Dividend by 50%
by Zacks Equity Research
The Williams Companies, Inc. (WMB) recently hiked its quarterly dividend by 50% to 30 cents per share
MPLX Subsidiary Signs a Deal to Buy Ozark Pipeline for $220M
by Zacks Equity Research
MPLX LP (MPLX) recently announced that its subsidiary MPLX Pipeline Holdings has inked an asset purchase deal with Enbridge Inc.'s (ENB) Ozark Pipeline LLC.
Bear of the Day: Frank's International (FI)
by Brian Hamilton
The suspensions and cancellations of several deep-water rigs has hurt this service provider.