The Leaner, Meaner Chevron Is Ready to Fight

CEO Mike Wirth is overhauling the oil giant's 'nice' corporate culture, getting tougher not just on his employees but also on rivals and the politicians standing in his way.

----

Crude Falls on Soft U.S. Jobs Data, OPEC+ Output Expectations

Oil futures fell for a second straight session as a weak U.S. employment report added economic worries to concerns about U.S. tariffs curbing demand.

----

Exxon Sees M&A Possibilities As Oil Giants Post Lower Profits

Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess.

----

Here's what the E.U. and South Korea trade deals mean for U.S. natural-gas investors

The European Union and South Korea have pledged to buy billions of dollars' worth of energy products under trade deals with the Trump administration, as the White House aims to capitalize on the role of the U.S. as the world's largest exporter of liquefied natural gas. But are U.S. producers up to the challenge?

----

Chevron Stock Rises After Earnings. These Concerns Remain.

The energy explorer just closed the acquisition of Hess, and got permission from the Trump administration to resume operations in Venezuela.

----

Exxon Stock Slips After Earnings. The CEO Might Have Spooked Investors.

Second-quarter earnings of $1.64 a share at the oil giant top analysts' estimates.

----

Energy & Utilities Roundup: Market Talk

Find insight on oil rig numbers, crude futures and more in the latest Market Talks covering Energy and Utilities.

----

First Solar Posts Earnings Beat, Lifts Revenue Outlook

The solar energy company posted second-quarter earnings above analysts' expectations and raised its 2025 revenue guidance.

----

Major Banks Nudge Oil Forecast Higher But U.S. Tariffs, OPEC+ Hikes Weigh on Outlook

Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook.

----

Shell Keeps $3.5 Billion Buyback as Earnings Fall Less Than Expected

The oil major maintains the pace of shareholder returns despite lower prices weighing on energy companies' balance sheets.

----

Enel Launches $1.14 Billion Share Buyback, Confirms Guidance

The Rome-based energy company said first-half net profit fell 11% because the prior year's results were boosted by proceeds from its disposal plan.

----

MPLX to Buy Northwind Midstream for $2.38 Billion

The midstream energy-and-logistics business will gain PE-backed Northwind's portfolio of over 200,000 acres and more than 200 miles of gathering pipelines as part of the deal.

----

Schneider Electric's Double-Digit Growth Driven by Data Center Deals

The company said it remains well placed to seize opportunities in its end markets, despite an environment of heightened uncertainty.

(END) Dow Jones Newswires

August 04, 2025 00:00 ET (04:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.