Dow Jones Top Energy Headlines at 11 AM ET: Oil Trades Sideways With Market Focus on U.S.-Iran Talks | Equinor ...

Dow Jones
02/05

Oil Trades Sideways With Market Focus on U.S.-Iran Talks

Crude futures were flitting between small gains and losses with the market attentive to talks scheduled for Friday between the U.S. and Iran.

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Equinor Posts Earning Slide, Targets Cost Cuts in 2026

Fourth-quarter earnings slid as weaker oil and gas prices bite, with the company targeting a 10% reduction in operating costs this year and paring back capital expenditure.

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The Dell Scion Who Wants to Shore Up the Texas Power Grid

Zach Dell is the co-founder and CEO of Base Power, a home-battery company that has raised more than $1.3 billion from investors.

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Why India Will Struggle to Reduce Its Reliance on Russian Oil

India relies on Russia for roughly a third of its oil imports, up from just 2% before Russia invaded Ukraine in early 2022.

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Energy & Utilities Roundup: Market Talk

Find insight on Equinor, SSE, oil prices and more in the latest Market Talks covering Energy and Utilities.

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BP Investors Demand Proof That Shift Back to Oil and Gas Will Boost Returns

A shareholder resolution filed by U.K. and European pension funds, along with activist investor Australasian Centre for Corporate Responsibility, said the reset strategy and renewed focus on oil and gas doesn't address the root cause of BP's underperformance.

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Siemens Energy to Spend $1 Billion to Boost Manufacturing of Electrical-Grid Equipment

Investments include restarting manufacturing of gas turbines, the monster machines needed to supply reliable power for the AI-data-center boom.

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Orsted Sells Onshore Business for $1.7 Billion After Judge Rules U.S. Wind Project Can Resume

The company has been working through a major restructuring that includes a large-scale divestment program to free up funds and shore up its coffers.

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EU Launches In-Depth Foreign Subsidies Probe Into China's Goldwind

The commission said it was investigating whether the wind-turbine company received foreign backing that would give it an unfair advantage in the EU.

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Investors Bet on Newcleo as It Designs Nuclear Waste-Fueled Reactors

The $85 million growth investment finances the development of lead-cooled small reactors that use recycled fuel

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Google Is Spending Big to Build a Lead in the AI Energy Race

A deal to buy wind and solar developer Intersect is the latest in a series of moves that have left Google well prepared for the power crunch facing data centers.

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Devon Energy to Buy Coterra for $21.5 Billion to Create Shale Giant

Devon Energy agreed to buy Coterra Energy in a roughly $21.5 billion all-stock deal that would birth one of the largest U.S. oil-and-gas producers as consolidation continues to reshape the industry.

 

(END) Dow Jones Newswires

February 04, 2026 11:00 ET (16:00 GMT)

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