News Highlights: Top Energy News of the Day - Friday at 12 AM ET

Dow Jones
05-02
 
Chevron's Buyback Strategy at Center Stage as It Prepares to Report Earnings 
 

Analysts expect Chevron to report $2.16 of earnings per share, down from $2.93 a year ago.

 
Equinor Sells Stake in Brazil's Peregrino Oil Field for $3.5 Billion 
 

Equinor's Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of PRIO SA, Brazil's largest independent oil-and-gas firm, the company said Friday.

 
Exxon Growth Strategy Will Be Tested as It Reports Earnings 
 

An oil downturn that has taken the price of crude to its lowest level in about four years.

 
Oil Rallies as Trump Threatens Sanctions on Iranian Oil Buyers 
 

Oil futures surged late in a choppy session as President Trump threatened secondary sanctions against any country buying Iranian oil or petrochemical products.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on TC Energy, Canada's biggest energy companies, BP, and more in the latest Market Talks covering energy and utilities.

 
U.S. Crude Oil Stockpiles Post Unexpected Decline 
 

U.S. crude oil inventories fell unexpectedly last week as exports increased and refineries raised their capacity use, according to data released Wednesday by the U.S. Energy Information Administration.

 
Wall Street Lowers Oil Price Forecast as Trade War Weighs on Demand 
 

Brent crude is expected to average $68.23 a barrel this year, while West Texas Intermediate is projected at $64.60 a barrel, an April survey showed.

 
Trump Ally Lindsey Graham Pushes Russia Crackdown 
 

The South Carolina senator is building support for new sanctions on Moscow and tariffs on countries that buy Russia's oil.

 
SolarWinds Security Chief Tim Brown Hopes the SEC Will Dismiss Charges 
 

The CISO discusses personal legal liability for cyberattacks; 'I ended up having a heart attack the week that I was notified.'

 
TotalEnergies Keeps $2 Billion Buyback Despite Weak Oil Prices 
 

The company said it would continue to buy back up to $2 billion of shares over the second quarter despite a softening price environment.

 
 

(END) Dow Jones Newswires

May 02, 2025 00:00 ET (04:00 GMT)

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