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Bloomberg· 2025-07-02 09:36
The UK Supreme Court rules in favor of a former UBS executive in a legal fight with his ex-wife over the split of their £133 million estate https://t.co/3lLlrQ1rio ...
3 Tremendous Growth Stocks to Buy With $500 Right Now
The Motley Fool· 2025-07-02 08:40
There are three companies all producing great operating results, and their stocks don't look too expensive for what you get. So, with $500 in available cash, you could build a nice starter portfolio with any of these three growth stocks. 1. Taiwan Semiconductor Manufacturing Taiwan Semiconductor Manufacturing (TSM -0.72%), or TSMC, is the largest contract chip manufacturer in the world. Chip designers flock to TSMC because of its best-in-class production processes, which allow it to make cutting-edge chips ...
Petrobras Enhances FPSO Safety With Exail's Quadrans AHRS Tech
ZACKS· 2025-07-01 15:16
Key Takeaways PBR partners with Exail to install 30 Quadrans AHRS units on FPSOs to enhance operational precision. The AHRS offers high accuracy and performs reliably in harsh marine environments. Local support from Exail ensures smooth integration aligned with Petrobras' offshore standards.Petróleo Brasileiro S.A. - Petrobras (PBR) has awarded a contract to Exail, a global leader in inertial navigation technologies, to equip its Floating Production, Storage and Offloading (FPSO) units with cutting-edge Q ...
Noble Starts Drilling Operations for Malampaya Phase 4 Project
ZACKS· 2025-07-01 13:41
Key Takeaways NE has started drilling at the Malampaya-Camago field using its Noble Viking drillship. The contract includes three wells with an option for a fourth, starting with Bagong Pag-Asa-1. The MP4 project aims to extend field life and reduce the Philippines' reliance on energy imports.Noble Corporation plc (NE) , a leading offshore drilling contractor, has begun its drilling campaign at the Malampaya-Camago field offshore the Philippines. In 2024, Noble’s drillship, the Noble Viking, secured a con ...
Liberty Energy Stock Plunges 41% in Six Months: Time to Hold or Sell?
ZACKS· 2025-07-01 13:15
Key Takeaways LBRT's net income dropped 75% YoY in Q1 2025, signaling mounting profitability concerns. High CapEx, tariff risks, and oil price volatility are pressuring LBRT's margins and cash flow. LBRT's expansion into power systems remains unproven, adding execution risks amid market headwinds.Liberty Energy Inc.’s (LBRT) shares have plunged 40.9% over the past six months. This decline not only contrasts with the broader oil and energy sector's 3.6% gain but also significantly undercuts the 10.2% drop ...
ExxonMobil Loses Supreme Court Appeal Over Baytown Pollution Penalty
ZACKS· 2025-07-01 13:11
Key Takeaways The Supreme Court declined to hear XOM's appeal over a $14.25M Clean Air Act pollution penalty. The case stems from repeated Baytown emissions violations from 2005 to 2013. XOM argued plaintiffs lacked standing, but lower court rulings and precedent were upheld.Exxon Mobil Corporation (XOM) has suffered a legal blow after the U.S. Supreme Court declined to hear its appeal challenging a $14.25 million civil penalty linked to air pollution violations at its massive Baytown refinery complex in ...
Eni's Plenitude Begins Operations at Its Largest Solar Park in Spain
ZACKS· 2025-07-01 13:11
Key Takeaways E has launched operations at Plenitude's Renopool solar park, its largest such project to date. The first operational block includes 3 plants with 130 MW capacity, generating 265 GWh annually. Renopool supports Plenitude's Spain strategy, targeting over 2 GW in future renewable capacity.Eni S.p.A’s (E) energy transition-focused subsidiary, Plenitude, has initiated operations at the northern block of its Renopool photovoltaic complex in Solana de los Barros, Badajoz (Extremadura), Spain. The ...
Chevron to Exit Scotland Office in Global Restructuring Effort
ZACKS· 2025-07-01 13:06
Key Takeaways CVX to shut down Aberdeen office by end of 2026, ending UK North Sea operations. The move is part of CVX's plan to cut up to $3B in costs and reduce global headcount by as much as 20%. CVX is shifting focus to high-margin regions like the Permian Basin and Guyana for better returns.Chevron Corporation (CVX) , one of the world’s largest energy companies, has announced that it will shut down its Aberdeen office in Scotland, ending more than 50 years of operations in the North Sea hub, accordin ...
Equinor Encounters New Oil at Johan Castberg Field, Boosts Reserves
ZACKS· 2025-06-30 13:36
Key Takeaways EQNR's Zacks Rank & Key Picks EQNR currently carries a Zacks Rank #3 (Hold). New Discovery at the Barents Sea The exploration well, 7720/7-DD-1H, was drilled in the Drivis Tubåen prospect of the Johan Castberg field. The Johan Castberg field lies within the production license (PL) 532. Per the Norwegian Offshore Directorate, this exploratory well is the 14 one drilled within PL 532. It was drilled as an exploratory extension from another producing well. The new discovery will add to the existi ...
Eni Opens First Agri-Hub in Congo to Boost Biofuel Ambitions
ZACKS· 2025-06-30 13:25
Key Takeaways The plant is the country's first industrial-scale vegetable oil extraction facility and is designed to produce up to 30,000 tons of oil per year. The output will be directed to Enilive's biorefineries, where it will be converted into biofuels to help decarbonize the transport sector — one of the pillars of Eni's sustainable mobility strategy. E's Loudima Agri-Hub: A Step Toward Net Zero The Loudima agri-hub places the Republic of the Congo as an active participant in the biofuel production cha ...