OPEC+ Expected to Halt Output Hikes in August, Goldman Says 
 

Crude futures extended gains, while OPEC+ is expected to halt further increases in oil supply from August as a slowdown in economic activity and weakening oil demand become more evident.

 
NRG Energy to Acquire LS Power Portfolio in $12 Billion Deal 
 

NRG Energy has agreed to acquire LS Power's portfolio of natural gas generation facilities and power plant platform in a cash-and-stock deal with an enterprise value of about $12 billion.

 
Aramco Earnings Narrowly Beat Expectations 
 

Saudi Arabia's national oil company reported a marginal profit beat for the first quarter as weaker oil prices caused by global economic uncertainty dragged on earnings.

 
How Trump's Middle East visit to push OPEC+ for more oil could end up hurting U.S. producers 
 

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for - and American producers may be the ones to soon pay the price.

 
Elliott Eyes Bet on Pipeline Carrying Russian Gas 
 

The deal involves a package of infrastructure in Bulgaria, including Russia's last operational natural-gas link to Europe.

 
Iberdrola to Sell U.K. Smart-Meters Rental Business to Macquarie in $1.2 Billion Deal 
 

The Spanish energy company expects to complete the sale of SP Smart Meters Assets to the Australian investment bank in the third quarter.

 
Conoco  Cuts CapEx View on Volatile Economic Status 
 

The Houston oil producer posted first-quarter earnings of $2.8 billion, or $2.23 a share, up from $2.6 billion, or $2.15 a share, a year earlier.

 
Siemens Energy Expects Limited Hit From U.S. Tariffs 
 

The maker of energy equipment reported a surge in profit and anticipates limited direct impact from U.S. tariffs in its fiscal second half.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on lower diesel prices, Orsted, Enel, EDP and more in the latest Market Talks covering Energy and Utilities.

 
Trump Says He Hasn't Decided if Iran Can Enrich Uranium in a New Deal 
 

The president's latest comments add to the administration's mixed messages as it pursues talks for a new nuclear pact with Tehran.

(END) Dow Jones Newswires

May 12, 2025 11:00 ET (15:00 GMT)

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