News Highlights: Top Energy News of the Day - Friday at 7 AM ET

Dow Jones
04-25
 
Oil Prices Head for Weekly Loss on Clouded Outlook 
 

Oil prices edged higher but were heading for a weekly loss as uncertainty over de-escalating U.S.-China trade war tensions and the threat of oversupply clouded the picture.

 
U.S. Needs More Power for AI-but Critical Equipment Is Pricey and Scarce 
 

A backlog of renewable energy projects is waiting to connect to the U.S. power grid. Tariffs on steel, aluminum, solar panels and battery components are adding to costs and delays.

 
GE Vernova Swings to Profit as Backlog Rises 
 

GE Vernova swung back to a profit in the first quarter as orders stacked up and its revenue climbed, sending shares higher in the premarket session.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on oil prices, Woodside Energy, Superloop and more in the latest Market Talks covering Energy and Utilities.

 
U.S. Crude Oil Stockpiles Post Small Increase 
 

U.S. crude oil inventories rose by 244,000 barrels, for a fourth consecutive weekly climb, amid higher net imports, while refineries ramped up their capacity use.

 
Offshore Wind Is a New Trump Target. Many Projects Are at Risk. 
 

The Trump administration's move last week to halt a wind project under construction has put the industry in a state of emergency.

 
Energy Has Been Hit Hard. Chevron  Can Bounce Back. 
 

Legitimate concerns about the oil staple have led to an overly bearish outlook and an opportunity for investors seeking a haven.

 
U.S. Slaps Steep Tariffs on Southeast Asian Solar Imports 
 

The U.S. broadened its trade dispute with China by imposing steep tariffs on solar imports from four Southeast Asian countries where Chinese manufacturers have set up factories in recent years.

 
Woodside Energy Assessing Tariff Impact on Louisiana LNG Project 
 

Louisiana LNG, which Woodside acquired last year, is within a so-called Foreign-Trade Zone that enables the project to defer the payment of tariffs until the completion of each gas processing unit.

 
Halliburton sees tariffs cutting up to $26 million from earnings this quarter 
 

Halliburton is following the "fluid" trade situation closely, according to CFO Eric Carre

 
 

(END) Dow Jones Newswires

April 25, 2025 07:00 ET (11:00 GMT)

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