Dow Jones Top Energy Headlines at 4 PM ET: Blackstone Agrees to Buy Private-Equity Backed Enverus | Oil ...

Dow Jones
Aug 07

Blackstone Agrees to Buy Private-Equity Backed Enverus

The transaction paves the way for Genstar Capital and Hellman & Friedman to exit stakes in the energy data intelligence company.

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Oil Futures Fall Despite India Tariffs, U.S. Inventory Draw

Oil futures extended their losing streak to five sessions as the market shrugged off higher U.S. tariffs against India for buying Russian crude oil and a draw in U.S. crude stocks.

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U.S. Crude Oil Stockpiles Fall As Imports Slip, Exports Rise

U.S. crude oil inventories fell by 3 million barrels last week as imports dropped, exports rose, and refineries raised their capacity use.

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Adnoc Gas Posts Record Earnings Despite Weaker Prices

The Abu Dhabi-owned gas company said net profit for the quarter rose 16% on the same period a year prior, setting a fresh quarterly record.

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Siemens Energy Expects Results at Upper-End of Guidance After Record Order Intake

The German maker of energy equipment reaffirmed its guidance after swinging to a net profit.

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Energy & Utilities Roundup: Market Talk

Find insight on crude oil futures, ethanol production and more in the latest Market Talks covering Energy and Utilities.

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Saudi Aramco Keeps Dividend After Profit Takes Hit From Lower Oil Prices

Aramco pumped more oil but lower prices hurt its top line as crude on average fell to $66.7 a barrel from $76.3 earlier this year.

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BP Pledges Further Cost, Portfolio Review

The London-based energy company said it would launch a new cost review and evaluate its portfolio, as it presses ahead with a plan to address investor concerns.

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BP Makes Potentially Largest Discovery in 25 Years Offshore Brazil

The energy giant said it discovered oil and gas in the deepwater Santos basin offshore Brazil as it seeks to grow global upstream production output.

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Residential Solar Industry Looks to Cut Costs as End to Tax Credits Looms

With President Trump's tax law putting an early end to solar tax credits, the residential solar industry is now looking to lower prices, particularly by cutting sky-high sales and marketing costs, according to companies and analysts.

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The Leaner, Meaner Chevron Is Ready to Fight

CEO Mike Wirth is overhauling the oil giant's 'nice' corporate culture, getting tougher not just on his employees but also on rivals and the politicians standing in his way.

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Exxon Sees M&A Possibilities As Oil Giants Post Lower Profits

Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess.

 

(END) Dow Jones Newswires

August 06, 2025 16:00 ET (20:00 GMT)

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