Oil Prices Rise as Renewed U.S.-Iran Fighting Deepens Hormuz Supply Risks
Renewed fighting revived concerns the conflict could become more prolonged and further disrupt oil flows through the Persian Gulf, just as supply risks are being compounded elsewhere.
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Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google
The company, which counts Bill Gates as an early backer, went public in a buzzy IPO in May.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, Orsted, Thai Oil and more in the latest Market Talks covering energy and utilities.
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Who Pays for Wildfire Damage? California Can't Agree
Lawmakers balk at Newsom's proposal to limit utilities' wildfire liabilities, sending shares down sharply.
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Global oil prices settle above $90 a barrel after U.S. and Iran exchange fire for first time in a month
Oil prices ended sharply higher on Monday after the U.S. and Iran renewed hostilities, as the Middle East conflict stretches into its seventh month.
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Trump's Venezuelan Oil Company Plans Massive Drilling Push
The company led by Alejandro Betancourt plans to dispatch more than 50 drilling rigs to turbocharge the country's anemic crude production.
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Fighting Flares in Middle East After U.S. Strike on Iranian Rocket Launchers
American forces later defended against missiles launched at Jordan, which hosts nearly 4,000 U.S. troops, U.S. military officials said.
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PG&E Stock Plummets. It May Not Be Shielded From Wildfire Liabilities.
PG&E stock falls sharply after the California State Assembly amends key wildfire legislation that leaves out liability protection for utilities.
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SLB to Buy Data Center Cooling Firm Kelvion for $4.1 Billion
The oil drilling and production company agreed to acquire thermal management company Kelvion for $4.1 billion in a bid to strengthen its growing data center business.
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ONEOK to Buy Brazos Midstream's Permian Assets for $4.43 Billion
ONEOK is set to acquire Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for $4.43 billion, expanding its footprint in prolific American oil hub.
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Chevron, Other U.S. Firms Near Deal to Invest Billions in Venezuelan Oil Fields
The U.S. oil major is close to an agreement to add two heavy-oil fields to its portfolio in Venezuela. Halliburton is also in talks.
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How Xi Jinping Turned Oil From a Weakness Into a Geopolitical Weapon
China's crude reserves have given it huge power over the global oil market-and a critical new defense against the West.
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