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Zacks News
Oil & Gas Stock Roundup: ConocoPhillips' Dividend Hike, Hess' Asset Sale & More
by Nilanjan Choudhury
ConocoPhillips (COP) said its board increased quarterly dividend by 2.4%, while Hess Corporation (HES) sold its working interest in Gulf of Mexico's Shenzi Field for $505 million.
TOTAL & Google Cloud's Solar Mapper to Drive Solar Energy Use
by Zacks Equity Research
TOTAL (TOT) and Google Cloud develop a new tool, Solar Mapper, which could increase the installation of solar panels in individual houses and lower emissions.
4 International Oil Stocks to Escape Coronavirus-Led Industry Woes
by Nilanjan Banerjee
Social-distancing measures to combat coronavirus have dented global fuel demand and clouded the outlook for the Zacks Oil and Gas Integrated International industry. But with oil prices improving steadily, XOM, CVX, RDS.A and TOT should do well on strong fundamentals.
Brent Crude Heads Higher as Norway Strike Cuts Production
by Nilanjan Choudhury
Oil workers in Norway have gone on strike, shutting down fields that cut output by 330,000 barrels of oil equivalent per day (or 8% of the country's overall volumes).
TOTAL Buys 20% of Eolmed Wind Project, Widens Renewable Base
by Zacks Equity Research
TOTAL (TOT) further expands the offshore wind business through the acquisition of a 20% stake in the Eolmed floating wind farm pilot project.
Oil & Gas Stock Roundup: Exxon, Shell, ConocoPhillips' Q3 Updates & More
by Nilanjan Choudhury
ExxonMobil (XOM), Royal Dutch Shell (RDS.A) and ConocoPhillips (COP) issued updates on their upcoming Q3 earnings.
TOTAL (TOT) Puts Forward Long-Term Strategy and Outlook
by Zacks Equity Research
TOTAL (TOT) unveils long-term plan, with focus on expanding LNG and renewable businesses. The company aims to cut costs by $2 billion by 2023.
Petrobras to Take Charge of 5 Blocks in Foz do Amazonas Basin
by Zacks Equity Research
Per Petrobras (PBR), its new role as an operator will enable it to extend its ownership of the fields to at least 50% and further stretch it to 70% if BP does not intend to grow its stakes in the fields.
Oil & Gas Stock Roundup: Devon-WPX Merger, TOTAL's Solar Push & More
by Nilanjan Choudhury
Devon Energy (DVN) and WPX Energy (WPX) agreed to combine in a bid to strengthen their Permian Basin position, while TOTAL (TOT) enters into a deal to develop 3.3 GW of solar projects in Spain.
TOTAL Buys Blue Point London, Widens Vehicle Charging Network
by Zacks Equity Research
TOTAL (TOT) further expands electric vehicle charging operations in Europe through the acquisition of Blue Point London from the Bollor?? Group.