Oil Futures Extend Rally As U.S.-China Tensions Ease
Oil futures added to last week's gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day's highs as talks on Iran's nuclear program and the Russia-Ukraine war keep open the possibility of sanctions eventually being lifted.
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.
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.
Conoco Cuts CapEx View on Volatile Economic Status
The Houston oil producer posted first-quarter earnings of $2.8 billion, or $2.23 a share, up from $2.6 billion, or $2.15 a share, a year earlier.
Siemens Energy Expects Limited Hit From U.S. Tariffs
The maker of energy equipment reported a surge in profit and anticipates limited direct impact from U.S. tariffs in its fiscal second half.
Energy & Utilities Roundup: Market Talk
Find insight on oil futures, Enbridge, Aramco and more in the latest Market Talks from the Energy and Utilities sector.
Trump Says He Hasn't Decided if Iran Can Enrich Uranium in a New Deal
The president's latest comments add to the administration's mixed messages as it pursues talks for a new nuclear pact with Tehran.
(END) Dow Jones Newswires
May 13, 2025 00:00 ET (04:00 GMT)
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