Dow Jones Top Energy Headlines at 12 AM ET: Chevron's Victory in the Oil-Patch Brawl Was a Much-Needed Win | Chevron ...

Dow Jones
Jul 21, 2025

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 00:00 ET (04:00 GMT)

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