Oil prices set for weekly gains, despite easing back from highs after U.S. inflation data
Oil futures climbed on Friday, with both U.S. and global benchmark crude prices headed for their first weekly gains in three weeks.
Exxon Spent Money to Make Money
The oil and gas giant's steady spending in recent years has opened up a huge gap with domestic rival Chevron, and it might widen further.
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
NextEra Arm, Squeezed by Niche Financing, Considers Private Capital Raise
NextEra Energy Partners is mulling its options for how to pay bills coming due under an obscure type of financing that has weighed on the company since its stock price tumbled last year.
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities.
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day's losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.
Energy Department Gets Power Over Big Grid Projects
In a bid to fast track grid-infrastructure construction, the department is set to become the lead federal agency coordinating environmental approval of major transmission projects.
GE Vernova Stock Bounces Back After Earnings. Here's Why.
One reason for the early drop was that the results weren't a big surprise.
New EPA Emissions Rules Squeeze Coal Plants
The measures, which come as power demand is surging, will force coal plants to adopt costly technology or shut down.
(END) Dow Jones Newswires
04-26-24 1115ET
