Oil Edges Lower Amid Geopolitical Uncertainty, Demand Concerns

Oil prices slipped in early trade as investors assessed potential risks stemming from Ukraine peace talks and U.S.-Iran nuclear negotiations.

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The Big Offshore Wind Project in New York Is Back On

The decision to resume construction marks an abrupt about-face by the Trump administration, which halted the project last month.

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Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion

Asset manager Blackstone moved to expand its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.

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Energy & Utilities Roundup: Market Talk

Find insight on Equinor's Empire Wind energy project and more in the latest Market Talks covering energy and utilities..

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U.S. Drillers Say Peak Shale Has Arrived

Lower oil prices are expected to precipitate a decrease in crude output that won't easily be reversed.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, China solar capacity, CSE Global, and more in the latest Market Talks covering Energy and Utilities.

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IEA Lifts Oil Demand View on Softer Tariff Impact, Lower Prices

Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S. tariffs on the economy, the International Energy Agency said.

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Eni in Talks to Sell Plenitude Stake to Ares for Up to $2.3 Billion

Eni is in exclusive talks to sell a 20% stake in its Plenitude low-carbon unit to Ares Management's alternative-credit arm.

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Engie Backs View After Earnings Grow

The increase was mainly driven by a better performance in its infrastructures business.

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Aramco Signs Deals With U.S. Companies With Potential Value of $90 Billion

Aramco signed 34 memoranda of understanding and agreements with major companies such as Exxon Mobil, Nvidia and Amazon.com.

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U.S. Crude Oil Supplies Rise Unexpectedly

U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data from the U.S. Energy Information Administration

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Swiss Clean-Energy Startup Produces Diesel From Solar Power

Synhelion says using the power of the sun to make fuel could help decarbonize shipping.

(END) Dow Jones Newswires

May 20, 2025 07:00 ET (11:00 GMT)

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