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.
Oil Loses Ground on OPEC+ Plans, Trade Uncertainty
Oil futures settled lower after gaining the previous two sessions, kept back by concerns about imminent output increases by OPEC+ and lack of visibility on trade relations between the U.S. and China.
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.
Energy & Utilities Roundup: Market Talk
Find insights on Galp's first-quarter earnings , U.S.-Iranian talks and more in the latest Market Talks from the Energy and Utilities sectors.
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 04:00 ET (08:00 GMT)
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