Oil Falls on Clouding Demand Outlook 
 

Oil prices extended losses from the previous trading session, weighed down by lingering concerns over global demand in absence of a U.S.-China trade deal and the risk of larger OPEC+ production increases in June.

 
Renown Capital Partners Backs Power-Grid AI Company Utilidata 
 

The recently set up investment firm led a $60.3 million deal that also included participation from AI chip giant Nvidia.

 
BP Cuts Buyback; Profit Misses Expectations 
 

BP said it would return less cash to shareholders after its profit came in worse than expected.

 
Woodside in Intensive Talks With 'Couple of Parties' Over Louisiana LNG 
 

Woodside Energy is involved in intensive discussions with a couple of parties interested in participating in its newly approved $17.5 billion Louisiana LNG gas-export project, Chief Executive Meg O'Neill said.

 
Woodside Energy Approves $17.5 Billion Louisiana LNG Development 
 

Woodside Energy approved the $17.5 billion development of the Louisiana LNG project, betting on strong ongoing demand for traditional fuels and the U.S. as a key natural gas supplier to the global market.

 
Clean-Energy Factories Are Being Cancelled as Problems Pile Up 
 

Investments in new plants to make clean-energy products fell in the first quarter from the final three months of 2024, according to a report from MIT and the Rhodium Group.

 
SLB Earnings Miss Estimates. The Stock Is Falling. 
 

The company's fortunes are closely tied to prices of oil and gas, and they haven't provided much help.

 
Lower Oil Prices Could Curb Growth in U.S. Shale Production 
 

The U.S. is already the world's top oil and natural gas producer and output is expected to continue growing, although at a much slower pace.

 
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.

(END) Dow Jones Newswires

April 29, 2025 07:00 ET (11:00 GMT)

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