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Vallourec, Syngular Solutions to Develop Bioenergy Carbon Capture, Storage Projects in Brazil

Vallourec (VK.PA) said Friday it will collaborate with engineering and consulting company Syngular Solutions on carbon capture and geological storage projects in Brazil.The French energy pipelines company said Friday that the memorandum of understanding will involve developing bioenergy with carbon capture and storage, as well as carbon capture, utilization, and storage initiatives.Vallourec noted that the agreement aims to boost its footprint in the new energy market through partnerships.

$VK.PA

Equities33d ago

Saudi Aramco Kept at Buy as BofA Notes Supply Reliability, 'Healthy' H2 Demand Outlook

BofA Global Research reiterated its investment case for Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, noting management commentary on "bullish" second-half oil demand outlook and its supply stability."We hosted Aramco's Investor Relations team for a fireside chat. The team highlighted: 1) company's supply reliability supported by best in class fields and the East West (EW) pipeline, 2) ability to ramp-up production quickly post resolution, 3) focus on capturing incremental value by exporting refined products from the West Coast (WC), 4) healthy seasonal oil demand into 2H with depleted inventories, 5) reiteration of capital investment guidance of US$50-55bn for FY26E. We maintain Buy: shares trade on a 2027E PE of 13x, c.20% discount to average since IPO, while offering a 2027E/28E dividend yield of c.6%," according to a Thursday note.The research firm noted that the oil giant avoided production shut-ins impacting some of its peers by lowering production of heavier crudes and prioritizing light crude movement through the East-West pipeline.Amid a cumulative supply loss of 880 million barrels since late February and rising oil prices, the report highlighted Aramco's positive demand outlook for the latter half of 2026, further bolstered by the lack of a "material increase" in production from non-Gulf Cooperation Council producers.The stock has a price objective of 34.50 Saudi riyals.

Financial News · Live Terminal

Vallourec, Syngular Solutions to Develop Bioenergy Carbon Capture, Storage Projects in Brazil

Saudi Aramco Kept at Buy as BofA Notes Supply Reliability, 'Healthy' H2 Demand Outlook

Halliburton Keeps Quarterly Dividend at $0.17 a Share, Payable June 24 to holders of Record June 3

Matador Resources Acquires $1.1 Billion Delaware Basin Acreage in Federal Lease Sale

Constellation Oil Services Gets Nod to List on Euronext Oslo Børs

Market Chatter: OPEC+ Members Said to Plan July Oil Output Hike Amid Supply Disruption

US Natural Gas Stocks Rise by 101 Bln Cubic Feet in Week Ended May 15 Vs. Expected 96 Bln Increase; Prior Gain of 85 Bln

Tsakos Energy Navigation Q1 Earnings, Revenue Rise

Natural Gas Rises Ahead of Inventory Data as Forecasts See Hot Weather Coming for Eastern Markets

Adnoc CEO Says Full Flow in Hormuz Not Expected Until H1 2027

Weatherford Wins Deepwater Completions Contract From ExxonMobil Unit Offshore Nigeria

UK to Tighten Tax Rules for Oil, Gas Companies' Foreign Branch Profits

Update: Devon Energy Acquires Delaware Basin Acreage for $2.6 Billion in Federal Lease Sale

Morgan Stanley Adjusts ConocoPhillips Price Target to $153 From $149, Maintains Overweight Rating

Morgan Stanley Adjusts Price Target on Expand Energy to $139 From $141, Maintains Overweight Rating

Morgan Stanley Adjusts Price Target on Occidental Petroleum to $74 From $73, Maintains Equalweight Rating

Morgan Stanley Adjusts Price Target on EOG Resources to $160 From $155, Maintains Equalweight Rating

Morgan Stanley Adjusts Diamondback Energy Price Target to $229 From $224, Maintains Overweight Rating

Morgan Stanley Adjusts Chevron Price Target to $214 From $212, Maintains Overweight Rating

Morgan Stanley Adjusts Devon Energy Price Target to $66 From $59, Maintains Overweight Rating

Vallourec, Syngular Solutions to Develop Bioenergy Carbon Capture, Storage Projects in Brazil

Saudi Aramco Kept at Buy as BofA Notes Supply Reliability, 'Healthy' H2 Demand Outlook

Halliburton Keeps Quarterly Dividend at $0.17 a Share, Payable June 24 to holders of Record June 3

Matador Resources Acquires $1.1 Billion Delaware Basin Acreage in Federal Lease Sale

Constellation Oil Services Gets Nod to List on Euronext Oslo Børs

Market Chatter: OPEC+ Members Said to Plan July Oil Output Hike Amid Supply Disruption

US Natural Gas Stocks Rise by 101 Bln Cubic Feet in Week Ended May 15 Vs. Expected 96 Bln Increase; Prior Gain of 85 Bln

Tsakos Energy Navigation Q1 Earnings, Revenue Rise

Natural Gas Rises Ahead of Inventory Data as Forecasts See Hot Weather Coming for Eastern Markets

Adnoc CEO Says Full Flow in Hormuz Not Expected Until H1 2027

Weatherford Wins Deepwater Completions Contract From ExxonMobil Unit Offshore Nigeria

UK to Tighten Tax Rules for Oil, Gas Companies' Foreign Branch Profits

Update: Devon Energy Acquires Delaware Basin Acreage for $2.6 Billion in Federal Lease Sale

Morgan Stanley Adjusts ConocoPhillips Price Target to $153 From $149, Maintains Overweight Rating

Morgan Stanley Adjusts Price Target on Expand Energy to $139 From $141, Maintains Overweight Rating

Morgan Stanley Adjusts Price Target on Occidental Petroleum to $74 From $73, Maintains Equalweight Rating

Morgan Stanley Adjusts Price Target on EOG Resources to $160 From $155, Maintains Equalweight Rating

Morgan Stanley Adjusts Diamondback Energy Price Target to $229 From $224, Maintains Overweight Rating

Morgan Stanley Adjusts Chevron Price Target to $214 From $212, Maintains Overweight Rating

Morgan Stanley Adjusts Devon Energy Price Target to $66 From $59, Maintains Overweight Rating