Oil Settles Lower Ahead of OPEC+ Output Decision

Crude futures settled lower as the market awaits the outcome of Saturday's OPEC+ meeting where the group is expected to decide on another large unwind of voluntary output cuts for July.

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Sliding Oil Prices Have Reopened the Door to Russian Crude

A cadre of Greek shipping magnates has stepped back into the fold as the go-to distributors of Moscow's crude to the world.

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EOG Resources to Buy Encino Acquisition Partners for $5.6 Billion

EOG Resources has agreed to buy Encino Acquisition Partners for $5.6 billion, extending its acreage in Ohio's Utica Shale.

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BP Appoints Former Devon Energy Chief David Hager as Nonexecutive Director

The naming of the U.S. oil executive comes at a time when BP is seeking to more than double its production of oil and gas in the country by the end of the decade.

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U.S. Crude Oil Stockpiles Fall More Than Expected

U.S. crude oil inventories fell by 2.8 million barrels, exceeding estimates for a drop of 600,000 barrels.

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Energy & Utilities Roundup: Market Talk

Find insight on manufacturing's energy needs, Tenaga Nasional, Forsyth Barr, oil futures and more in the latest Market Talks covering Energy and Utilities.

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NRG's Stock Is a Top Gainer. How Does It Really Make Money?

The company looks more like a risky energy trader than a simple power producer.

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Shell to Buy TotalEnergies' Stake in Nigeria Oil Field for $510 Million

The stake increases Shell's interest in the deep-water Bonga field to 67.5% from 55%.

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Controversial New York Pipeline Project Is About to Be Revived

Pipeline operator Williams will seek to build two natural-gas supply lines to New York following talks between President Trump and Gov. Kathy Hochul.

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Trump's Nuclear Orders Could Loosen Radiation Standards. DOGE's Key Role.

The president wants to speed up construction of reactors. But experts are worried about the safety measures that keep the public safe.

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Oil Giants Face Mix of Climate Pressures at Annual Investor Meetings

One year after Exxon Mobil sued activist shareholders pressing it on climate issues, the company touted that the energy transition is "an opportunity."

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Why Big Oil Turned to Trump for Help in Africa

Chevron, ConocoPhillips and other companies are locked in a dispute with six Central African countries over fossil-fuel projects.

(END) Dow Jones Newswires

May 30, 2025 16:00 ET (20:00 GMT)

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