BP Profits Double as Iran War Boosts Oil Traders
The British oil major reported quarterly profits of $3.2 billion as traders capitalized on volatility triggered by the conflict.
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Iran Is Flooded With So Much Unsold Oil That It's Stashing It in Derelict Tanks
Tehran is trying to buy time as the war turns into a race to see whether its oil fields or global consumers can take more pain.
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Oil Prices Are Back Above $100. Why It Could Be a 'Cruel Summer.'
Brent crude futures rose above $100 a barrel with no peace talks between the U.S. and Iran scheduled.
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Shell Buys a Gas Producer Far From the Middle East Turmoil
Shell is set to expand its reach in Western Canada with a deal to buy Arc Resources, a move expected to boost production at a time when Canada is looking to grow energy exports.
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Meta Platforms Enters Solar-Power Pact
The Facebook parent has agreed to purchase up to a gigawatt of solar power from Overview Energy, a startup that aims to deploy satellites capable of providing power to customers on Earth's surface.
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Nordex Shares Hit 24-year High after Earnings Beat
Group earnings before interest, taxes, depreciation and amortization jumped 64% on year.
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Galp's Key Earnings Metric Boosted by Higher Production, Prices
Quarterly adjusted replacement-cost net profit rose 41% on the same period last year to €272 million.
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Endurance Investment Partners Seeks $350 Million to Back Energy Secondary Bets
The firm formed last year and is supported by the Rice brothers who control natural-gas producer EQT Corp.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, small U.S. oil producers, Shell and more in the latest Market Talks covering Energy and Utilities.
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U.S. Delegation Will Head to Pakistan for Talks With Iran. Oil Prices Settle Below $100.
News of a fresh round of talks helped calm oil markets on Friday.
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X-Energy's Shares Jump in IPO, Delivering Wins to Amazon and Ken Griffin
X-Energy scrapped a public offering less than three years ago, before the artificial-intelligence boom took hold.
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Canada Approves Enbridge's $3 Billion Westcoast Gas-Pipeline Expansion
Canada approved Enbridge's proposed multibillion-dollar expansion of a west-coast natural gas pipeline system.
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Persian Gulf Oil Damage Will Ripple Long Past the End of the War
Even if the strait opened tomorrow, the hit to the global economy would be long lasting.
(END) Dow Jones Newswires
April 28, 2026 04:00 ET (08:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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