Dow Jones Top Energy Headlines at 7 am ET: on the Six-Month Anniversary of the Iran War, Divisions Appear on Wall Street over the Trajectory for Oil Prices | Trump ...

Dow Jones
08/28

On the six-month anniversary of the Iran war, divisions appear on Wall Street over the trajectory for oil prices

Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market.

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Trump Administration in Advanced Talks for Stake in Venezuelan Oil Fields

The deal would give the U.S. a direct stake in 17 of Venezuela's most promising oil-and-gas fields that house some 90 billion barrels of crude oil reserves.

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U.S. Natural Gas Gains as September Contract Expires

U.S. natural gas futures settled higher as the EIA reports a smaller-than-usual storage injection for last week that reduced the inventory surplus over the five-year average.

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Energy & Utilities Roundup: Market Talk

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

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The $2 Billion Brawl Over a Ruinous Wood-Pellet Trade

Creditors say Enviva's former C-suite blew up the once-highflying green-energy company by chasing bonus targets.

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Enbridge Forms $1.95 Billion Joint Venture to Expand British Columbia Pipeline

Enbridge has partnered with private equity companies KKR and Apollo Global Management to fund a 2.7 billion Canadian dollar, or $1.95 billion, expansion of its natural gas pipeline system in British Columbia.

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The US Army Is Driving the Next Big Breakthrough in Nuclear Power

The U.S. Army selected five companies to build nuclear microreactors at military bases, with the first one switching on as soon as September 2028.

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Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening

Prices fell for a third straight day after Iran and Oman discussed measures to temporarily reopen the strait.

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An Oil Catastrophe Was Averted in 2026. What If It Comes in 2027?

Two fund managers with a strong track record of contrarian commodity calls think the oil spike is yet to come. Here's how they're preparing.

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Siemens Energy Plans to Spin Off Transformation of Industry Unit

The company said it could bring in external investors or undertake a potential capital markets transaction, and plans to deconsolidate the business while maintaining a minority stake.

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U.S. Squeezes Iran but Avoids Targeting Its Biggest Lifeline: China

Washington's fresh campaign to economically isolate Tehran stopped short of directly penalizing the country that has enabled Iran to withstand years of American pressure.

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Woodside Puts 'Everything on the Table' in Review of Beaumont Facility

Chief Executive Liz Westcott said the review reflected a shift in international policy positions and slack demand for lower carbon ammonia.

 

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