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Eni (E) Boosts UK CCS Leadership With CCUS Market Launch https://www.zacks.com/stock/news/2201565/eni-e-boosts-uk-ccs-leadership-with-ccus-market-launch?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2201565 Dec 22, 2023 - Eni (E) plays a significant role in the expansion of the HyNet Cluster, operating CO2 transport and storage within this initiative.
Marathon (MPC) Appoints Mannen as President, Quaid as CFO https://www.zacks.com/stock/news/2201398/marathon-mpc-appoints-mannen-as-president-quaid-as-cfo?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2201398 Dec 22, 2023 - Marathon (MPC) announces key leadership changes. The company appoints Mannen as its president and Quaid as CFO, signaling a new era.
Shell (SHEL) Initiates Further Job Cuts in Cost-Cutting Effort https://www.zacks.com/stock/news/2201397/shell-shel-initiates-further-job-cuts-in-cost-cutting-effort?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2201397 Dec 22, 2023 - Shell (SHEL) implements a leaner organizational structure, offering options amid division-by-division job cuts, per the CEO's cost-trimming plans.
EIA Reports All Round Inventory Build, Caps Oil Gains https://www.zacks.com/stock/news/2201059/eia-reports-all-round-inventory-build-caps-oil-gains?cid=CS-ZC-FT-analyst_blog|industry_focus-2201059 Dec 21, 2023 - We remain optimistic about near-term prices for crude and advise investors to buy stocks like MUSA, WMB and SUN.
ExxonMobil (XOM) Gets Approval for Hebron Field Expansion https://www.zacks.com/stock/news/2200931/exxonmobil-xom-gets-approval-for-hebron-field-expansion?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2200931 Dec 21, 2023 - This approval grants ExxonMobil (XOM) and its partners the authority to proceed with the development of sands within Jeanne d'Arc Formation.
Chevron (CVX) CFO Urges Employees to Do Better After 2023 Miss https://www.zacks.com/stock/news/2200915/chevron-cvx-cfo-urges-employees-to-do-better-after-2023-miss?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2200915 Dec 21, 2023 - Chevron (CVX) CFO Pierre Breber calls for a renewed focus on industry-leading performance and consistent execution among employees after operational setbacks in 2023.
Shell's (SHEL) Subsidiary Announces FID for Sparta Development https://www.zacks.com/stock/news/2200383/shell-s-shel-subsidiary-announces-fid-for-sparta-development?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2200383 Dec 20, 2023 - Shell's (SHEL) 15th deep-water development project in the Gulf of Mexico, Sparta, is scheduled to commence production in 2028.
ExxonMobil (XOM) Plans to Pilot CCS With CFC Technology https://www.zacks.com/stock/news/2199857/exxonmobil-xom-plans-to-pilot-ccs-with-cfc-technology?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2199857 Dec 19, 2023 - ExxonMobil (XOM) intends to construct a pilot plant at its Rotterdam Manufacturing Complex.
BP Halts Red Sea Voyages Amid Rising Geopolitical Tensions https://www.zacks.com/stock/news/2199807/bp-halts-red-sea-voyages-amid-rising-geopolitical-tensions?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2199807 Dec 19, 2023 - BP joins other major companies in pausing all tanker transits through the Red Sea, altering shipping routes for safety and security.
Shell (SHEL) Resumes FLNG Operations Amid Gas Demand Surge https://www.zacks.com/stock/news/2199806/shell-shel-resumes-flng-operations-amid-gas-demand-surge?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2199806 Dec 19, 2023 - Shell's (SHEL) Prelude FLNG, the world's largest offshore platform, resumes LNG production offshore Australia, strategically aligning with peak winter demand and showcasing the company's power of adaptability.

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