Dow Jones Top Energy Headlines at 11 AM ET: Crude Picks Up As U.S.-India Trade Deal to Affect Russian Oil | BP ...

Dow Jones02-04 00:00

Crude Picks Up As U.S.-India Trade Deal to Affect Russian Oil

Crude futures recovered some of the previous day's losses as India is expected to cut purchases of Russian oil under a trade deal with the U.S.

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BP Investors Demand Proof That Shift Back to Oil and Gas Will Boost Returns

A shareholder resolution filed by U.K. and European pension funds, along with activist investor Australasian Centre for Corporate Responsibility, said the reset strategy and renewed focus on oil and gas doesn't address the root cause of BP's underperformance.

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Siemens Energy to Spend $1 Billion to Boost Manufacturing of Electrical-Grid Equipment

Investments include restarting manufacturing of gas turbines, the monster machines needed to supply reliable power for the AI-data-center boom.

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Orsted Sells Onshore Business for $1.7 Billion After Judge Rules U.S. Wind Project Can Resume

The company has been working through a major restructuring that includes a large-scale divestment program to free up funds and shore up its coffers.

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EU Launches In-Depth Foreign Subsidies Probe Into China's Goldwind

The commission said it was investigating whether the wind-turbine company received foreign backing that would give it an unfair advantage in the EU.

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Investors Bet on Newcleo as It Designs Nuclear Waste-Fueled Reactors

The $85 million growth investment finances the development of lead-cooled small reactors that use recycled fuel

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Energy & Utilities Roundup: Market Talk

Find insight on Galp Energia, Petronas, Devon Energy and more in the latest Market Talks covering Energy and Utilities.

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Google Is Spending Big to Build a Lead in the AI Energy Race

A deal to buy wind and solar developer Intersect is the latest in a series of moves that have left Google well prepared for the power crunch facing data centers.

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Devon Energy to Buy Coterra for $21.5 Billion to Create Shale Giant

Devon Energy agreed to buy Coterra Energy in a roughly $21.5 billion all-stock deal that would birth one of the largest U.S. oil-and-gas producers as consolidation continues to reshape the industry.

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U.S. Cold Snap Kills Dozens and Leaves Thousands Without Power

At least 60 million people were under National Weather Service warnings, but temperatures are forecast to warm in parts of the South.

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Chevron CEO Says It's Too Early to Determine Venezuela Outlook

President Trump is pressing energy companies to pump $100 billion into oil projects in Venezuela to rebuild its shattered infrastructure.

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Infrastructure Investors Pursue New 'Powered-Land' Strategies

Firms seek to cash in on the AI boom by backing businesses that provide developers with power-plant and data-center sites along with grid access.

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Global oil prices settle at 6-month high on bets that U.S. strike on Iran is imminent

Oil prices rallied Thursday, with the global benchmark finishing at its highest level since July, as tensions between the U.S. and Iran worsened - raising concerns over disruptions to the global flow of crude.

 

(END) Dow Jones Newswires

February 03, 2026 11:00 ET (16:00 GMT)

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