BP Names Albert Manifold Chairman to Succeed Lund
The appointment comes as the energy major slashes green spending and pivots back to oil amid pressure from investors.
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Why cheaper power looks unlikely as Trump's big budget law reshuffles the U.S. energy landscape
President Donald Trump's One Big Beautiful Bill Act, signed into law earlier this month, will likely change the nation's energy landscape - potentially leading to higher power costs just as the race to grow artificial intelligence heats up.
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Chevron's Victory in the Oil-Patch Brawl Was a Much-Needed Win
The acquisition of Hess-and its stake in a generational oil find-helps clear up lingering doubts about Chevron's growth prospects.
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Chevron Closes Megadeal for Hess After Winning Exxon Arbitration
Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.
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Oil CEOs Get Their Revenge on Biden's Antitrust Enforcers
The FTC reversed an order barring Scott Sheffield from Exxon's board, but the former Pioneer CEO said he was no longer interested in joining.
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SLB Earnings Beat Expectations. The Oil Services Stock Is Rising.
SLB's fortunes are closely tied to crude prices, and they've been falling this year.
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Fortescue to Rethink New U.S. Green-Energy Projects in Light of Trump
The Australian mining company is looking to buy established green-energy operations in the U.S. but will hold back on projects under development in light of President Trump's policies, the company's executive chairman said.
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FTC Reopens Consent Orders for Proposed Acquisitions from Exxon Mobil, Chevron
The FTC has reopened an order involving Chevron's proposed acquisition of Hess, and another regarding Exxon Mobil's proposed purchase of Pioneer Natural Resources after its initial complaints failed to plead any antitrust law violation.
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Kinder Morgan Results Boosted by Natural Gas Demand
The Houston-based energy infrastructure company said its net income was driven by increased financial contributions from its natural gas pipelines and terminal business segments.
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Santos Second-Quarter Output Rises as Takeover Campaign Continues
Santos reported a 1% rise in quarterly oil and natural gas production as it waits on a consortium led by Abu Dhabi's national oil company to firm up a $18.72 billion takeover bid.
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U.S. Crude Oil Inventories Post Weekly Draw
U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data.
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TotalEnergies Expects Hit From Lower Oil, Gas Prices
The energy company joined BP in flagging that weaker prices would weigh on results. Shell said earlier it anticipated a hit from weaker performance in its core integrated gas division.
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KKR-Backed Sol Systems Lines Up $675 Million in Bank Credit for Solar Projects
The new financing comes two weeks after U.S. tax changes that threaten sector investments.
(END) Dow Jones Newswires
July 21, 2025 04:00 ET (08:00 GMT)
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