Dow Jones Top Energy Headlines at 11 am ET: Oil Extends Rally with Iran Conflict Seen Dragging on | Energy ...

Dow Jones
Sep 03

Oil Extends Rally With Iran Conflict Seen Dragging On

The rise in oil prices stretched into a fourth day with the resumption of fighting in the Middle East rekindling concerns about tight global supplies for longer.

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Energy & Utilities Roundup: Market Talk

Find insight on Petronas, Chevron, BP and more in the latest Market Talks covering energy and utilities.

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Why Trump's Venezuela Oil Grab Is No Quick Fix for Gas Prices

The president's plan comes with uncertainties, and it's unclear it would provide relief to Americans pinched by high prices at the pump.

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Winter Is Approaching and Europe Is Running Low on Natural Gas

The continent has put off buying natural gas for the winter in a potentially risky bet that the Iran war will be over soon and prices will drop.

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Chevron to Invest $7 Billion in Venezuela, Doubling Production

Other oil-and-gas companies, including Italian giant ENI and smaller U.S. players Primavera and Aspect Holdings, signed production deals as well.

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U.S. Crude Oil Stockpiles See Larger-Than-Expected Drop

Commercial crude oil stocks were down by 4.5 million barrels last week. Analysts had expected crude stocks to fall by 300,000 barrels.

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BP Names Replacement for Chairman Ousted Over Bullying Concerns

Interim chairman Ian Tyler will take the role permanently, making him the company's third chair in less than a year.

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Vertiv to Buy AI Data-Center Power Provider

Vertiv stock has suffered in recent months but a new acquisition could help quieten concerns about the AI data-center revolt.

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This Energy Storage Stock Jumps on Deal to Power Google Data Centers

Eos Energy Enterprises shares rise after the company announces plans to supply Google with data-center batteries.

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FuelCell Energy Stock Sinks 17% on Earnings. Has the AI Luster Worn Off?

FuelCell Energy stock falls after the company reports a wider-than-expected loss and underwhelming revenue.

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Oil Stocks Hit New Highs After U.S. Resumes Strikes in Strait of Hormuz

Petróleo Brasileiro, BP, and Canadian Natural Resources were among the biggest gainers.

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Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google

The company, which counts Bill Gates as an early backer, went public in a buzzy IPO in May.

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Trump's Venezuelan Oil Company Plans Massive Drilling Push

The company led by Alejandro Betancourt plans to dispatch more than 50 drilling rigs to turbocharge the country's anemic crude production.

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Fighting Flares in Middle East After U.S. Strike on Iranian Rocket Launchers

American forces later defended against missiles launched at Jordan, which hosts nearly 4,000 U.S. troops, U.S. military officials said.

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PG&E Stock Plummets. It May Not Be Shielded From Wildfire Liabilities.

PG&E stock falls sharply after the California State Assembly amends key wildfire legislation that leaves out liability protection for utilities.

 

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