Oil Prices Rise as Traders Weigh Saudi Aramco Attack Report, Hormuz Shipping Risks
Regional tensions remained elevated after Saudi Arabia's Energy Ministry said a building belonging to Saudi Aramco in Dhahran was targeted Tuesday evening.
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Global Diesel Squeeze to Drag Into 2027, IEA Says
Supply fell by 1.7 million barrels a day in the third quarter, as the Iran war curtailed flows through the Strait of Hormuz.
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American Electric Power to Invest $4 Billion in Fuel Cell Project
American Electric Power plans to invest about $4 billion in a Wyoming fuel cell generation project to meet growing energy demand from Alphabet's Google.
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Houthi Strike Hits Building at Saudi Aramco Headquarters
The attack follows strikes on Riyadh's international airport and expands the conflict between Saudi Arabia and the Iran-backed militants.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, BP, Iberdrola and more in the latest Market Talks covering Energy and Utilities.
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OPEC Cuts Demand Growth Forecast Again as Gulf Supply Risks Mount
The group of oil-rich countries raised its forecast for next year's demand growth driven in part by the need to replenish oil inventories.
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Europe Heads Into Winter With Low Gas Reserves, Uncertain Gulf Supplies
European natural-gas prices climbed to their highest level in nearly four years as escalating attacks in the Middle East threatened supplies and unusually low storage levels raised fears of a global scramble for LNG.
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'Phantom' Data Centers Are Demanding More From the Power Grid Than They Need
Utilities are imposing higher electricity rates and collateral requirements to identify legitimate data-center projects to better plan their own investments.
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BP's New CEO to Outline Strategy as Balance Sheet Strengthens
The company said it would update its strategy in December, giving new Chief Executive Meg O'Neill her first opportunity to outline her vision to investors.
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Fermi Stock Soars 20% on AMD Deal. Why Analysts See Hurdles Ahead.
Advanced Micro Devices will help advance Fermi's data center plans.
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Why Trump's Diesel-Supply Deal With Russia Won't Ease Fuel Prices Much
Lawmakers on both sides of the aisle are questioning the agreement's legality.
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Adnoc Logistics in Talks to Buy Stake in HEA at $3 Billion Valuation
The move would bolster the U.A.E.'s footprint in offshore oil and gas services months after the country quit OPEC and vowed to aggressively scale up production.
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