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Eni (E) Announces Ambitious Share Repurchase Program for 2024 https://www.zacks.com/stock/news/2280213/eni-e-announces-ambitious-share-repurchase-program-for-2024?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2280213 May 28, 2024 - As part of the initial phase of the buyback, Eni (E) will acquire up to 6.4 million of its shares, representing 0.25 of its share capital.
BP and EOG Resources to Develop Major Trinidad Gas Field by 2026 https://www.zacks.com/stock/news/2280105/bp-and-eog-resources-to-develop-major-trinidad-gas-field-by-2026?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2280105 May 28, 2024 - BP and EOG Resources are in active negotiations to develop the Coconut gas field in Trinidad, targeting first gas production by late 2026 to supply the Atlantic LNG project and boost regional output.
Shareholders Divided Over Shell's (SHEL) Climate Plan at AGM https://www.zacks.com/stock/news/2279926/shareholders-divided-over-shell-s-shel-climate-plan-at-agm?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2279926 May 28, 2024 - Per its climate strategy, Shell (SHE)) aims for a 15-20% reduction in the net carbon intensity of its energy products by 2030 from the 2016 levels.
Baker Hughes (BKR) Gets Major Contract for Hassi R'Mel Project https://www.zacks.com/stock/news/2278795/baker-hughes-bkr-gets-major-contract-for-hassi-r-mel-project?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2278795 May 24, 2024 - As part of this project, Baker Hughes (BKR) will provide 20 compression trains to be installed across three gas-boosting stations within Hassi R'Mel.
Here's Why It Is Worth Investing in Sunoco (SUN) Stock Now https://www.zacks.com/stock/news/2278797/here-s-why-it-is-worth-investing-in-sunoco-sun-stock-now?cid=CS-ZC-FT-analyst_blog|rank_focused-2278797 May 24, 2024 - Sunoco's (SUN) issuer credit rating has been raised to BB+ by S&P Global Ratings, and its Corporate Family Rating has been upgraded to Ba1 by Moody's.
Key Takeaways From Suncor's (SU) Business Update https://www.zacks.com/stock/news/2278007/key-takeaways-from-suncor-s-su-business-update?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2278007 May 23, 2024 - Suncor Energy (SU) announced an increase in its share repurchase program to 75% of its free funds flow this quarter, with plans to escalate this to nearly 100% once net debt is reduced.
Crude Oil Holding Support: 2 Leading Energy Stocks to Buy Now https://www.zacks.com/commentary/2277549/crude-oil-holding-support-2-leading-energy-stocks-to-buy-now?cid=CS-ZC-FT-investment_ideas-2277549 May 22, 2024 - Marathon Petroleum and Ecopetrol are two market leading companies that enjoy top Zacks Ranks
EQT CEO Raises Concerns Over Proposed Carbon Capture Regulations https://www.zacks.com/stock/news/2276835/eqt-ceo-raises-concerns-over-proposed-carbon-capture-regulations?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2276835 May 21, 2024 - EQT's Toby Rice highlights a promising future for natural gas with rising demand driven by AI but cautions that new regulations could double or triple power costs, hindering U.S. energy goals.
Eni's (E) Kenyan Subsidiary Secures Funding for Green Transport https://www.zacks.com/stock/news/2276273/eni-s-e-kenyan-subsidiary-secures-funding-for-green-transport?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2276273 May 20, 2024 - Eni (E) partners with IFC and the Italian Climate Fund to secure a $210 million investment, aiming to revolutionize Kenya's biofuel industry, empower farmers, and decarbonize transportation.
Top Stock Reports for UnitedHealth, Danaher & Abbott https://www.zacks.com/commentary/2275925/top-stock-reports-for-unitedhealth-danaher-abbott?cid=CS-ZC-FT-research_daily-2275925 May 20, 2024 - Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Incorporated (UNH), Danaher Corporation (DHR) and Abbott Laboratories (ABT), as well as a micro-cap stock Ark Restaurants Corp. (ARKR).

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