Shell Faces Fresh Legal Challenge Over Development of New Oil and Gas Fields
Dutch environmental group Milieudefensie said that by developing new fields, the oil and gas giant is in breach of its legal duties to cut carbon emissions.
Oil Futures Extend Rally on Trade Optimism
Oil futures rise for a fourth straight session on improved sentiment after the U.S. and China agreed to cut tariffs for 90 days, which has eased concerns about loss of demand at a time when OPEC+ is raising output.
Republicans Push for Surge in Geothermal Energy on Federal Land
To boost the industry, lawmakers want to speed up the time it takes for businesses to secure permits.
Elliott Wins Backing From Proxy Advisers in Phillips 66 Boardroom Battle
The activist investor won support from influential proxy advisory firm ISS.
NRG Buys 18 Natural-Gas Power Plants in Bet on Soaring Energy Demand
The roughly $12 billion acquisition would double the company's generation capacity to about 25 gigawatts.
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.
Energy & Utilities Roundup: Market Talk
Find insight on Aramco, Ampol, Enbridge and more in the latest Market Talks covering energy and utilities.
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.
(END) Dow Jones Newswires
May 13, 2025 16:00 ET (20:00 GMT)
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