Oil Futures Edge Up After Shaky Start
Oil futures settled slightly higher with some support from dollar weakness and ideas that a U.S.-Iran nuclear deal might yet take time given disagreement over Iran's ability to enrich uranium.
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Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion
Asset manager Blackstone moved to expand its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.
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Clean Energy Is Under Attack Even Where It's Booming
Federal tax credits for wind, solar and battery-storage projects are on the chopping block, and states are considering tougher rules.
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U.S. Drillers Say Peak Shale Has Arrived
Lower oil prices are expected to precipitate a decrease in crude output that won't easily be reversed.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, CSE Global, oil supply disruption and more in the latest Market Talks covering Energy and Utilities.
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IEA Lifts Oil Demand View on Softer Tariff Impact, Lower Prices
Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S. tariffs on the economy, the International Energy Agency said.
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Eni in Talks to Sell Plenitude Stake to Ares for Up to $2.3 Billion
Eni is in exclusive talks to sell a 20% stake in its Plenitude low-carbon unit to Ares Management's alternative-credit arm.
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Engie Backs View After Earnings Grow
The increase was mainly driven by a better performance in its infrastructures business.
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Aramco Signs Deals With U.S. Companies With Potential Value of $90 Billion
Aramco signed 34 memoranda of understanding and agreements with major companies such as Exxon Mobil, Nvidia and Amazon.com.
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U.S. Crude Oil Supplies Rise Unexpectedly
U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data from the U.S. Energy Information Administration
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OPEC Signals Cautious Optimism on Trade, Holds Oil Demand Forecast
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast steady as it prepares to accelerate production.
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Swiss Clean-Energy Startup Produces Diesel From Solar Power
Synhelion says using the power of the sun to make fuel could help decarbonize shipping.
(END) Dow Jones Newswires
May 19, 2025 16:00 ET (20:00 GMT)
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