Tesla's Downsizing Worries Supercharger Industry
Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network.
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.
U.S. Crude Oil Inventories Post Big Build Amid Lower Refinery Runs
Commercial crude oil stockpiles rose by 7.3 million barrels last week, after analysts had predicted a 1.5 million barrel decrease.
BP Goes Deeper Into Gulf of Mexico, After Triumphs and Tragedy
While rivals bank on big new plays in Guyana and Namibia, the new BP CEO is focused on heartland waters off the coast of Louisiana and Texas.
Energy & Utilities Roundup: Market Talk
Gain insight on Cenovus Energy, Cameco, Origin Energy and more in the latest Market Talks covering Energy and Utilities.
PG&E Nears Deal With KKR for Stake in Power Business Spinoff
The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.
A Massive U.S. Nuclear Plant Is Finally Complete. It Might Be the Last of Its Kind.
Cost overruns and delays at Southern Co.'s Plant Vogtle pushed U.S. nuclear power in a different direction.
OMV Profit Tops Hopes, Keeps Outlook
OMV reported first-quarter profits ahead of forecasts despite revenue falling on lower gas prices, and backed its full-year production guidance.
PetroChina's Net Profit Rose on Higher Sales
PetroChina's net profit and revenue rose, primarily due to a rise in sales volume for the Chinese state-controlled oil company's oil and gas products.
In America's Biggest Oil Field, the Ground Is Swelling and Buckling
Land has subsided by as much as 11 inches since 2015 in a prime portion of the Permian Basin, as drillers extract huge amounts of oil and water, according to a Wall Street Journal analysis of satellite data.
(END) Dow Jones Newswires
05-01-24 1615ET
