Warren Buffett Not Expected to Bid for Control of Occidental

The green light to buy up to 50% of the oil company enables Berkshire Hathaway to avoid bumping up against a Federal Energy Regulatory Commission-imposed limit. 


 
Energy Projects Sought in U.S. Face Local Hurdles

Plans face delays and increased costs as they navigate legal and regulatory challenges-concerns a bill negotiated by Sen. Joe Manchin would seek to address. 


 
Russia to Halt Nord Stream Gas Flows to Europe, Citing Pipeline Maintenance

Unexpected three-day maintenance shutdown later this month on the Nord Stream pipeline fans fears that Russian natural-gas cuts will tip Europe into a recession. 


 
Oil prices edge up, but suffer a loss for the week

Oil prices inch higher on Friday, but the potential for an Iranian nuclear deal that may lead to higher global supplies and global energy demand concerns keep prices lower for the week. 


 
Europe's Gas Crunch Will Squeeze BASF

The chemical giant's German operations use a lot of gas, and dwindling supplies could make for a very costly couple of years. 


 
Berkshire Hathaway Cleared to Buy as Much as Half of Occidental's Shares

Berkshire Hathaway received regulatory approval to buy as much as 50% of the oil producer's stock following Warren Buffett's rapid acquisition of Occidental shares this year. 


 
Energy & Utilities Roundup: Market Talk

Find insight on TPC Group, natural gas prices, forecasts for dought-stricken Texas and Oklahoma, and more in the latest Market Talks covering Energy and Utilities. 


 
AGL Energy Returns to Full-Year Profit

AGL Energy Ltd. returned to profit at the end of a year marked by unplanned outages at several power plants and the collapse of a plan to break into two entities. 


 
A Top Gas Producer Considers Cutting Exports, but Timing Couldn't Be Worse

Australia could demand some exporters redirect natural gas to domestic buyers, straining global energy supply further. 


 
Oil Giants Must Face Climate-Liability Suits in States, Appeals Court Rules

In a setback for companies such as Exxon, Chevron and Shell, the decision is the sixth this year to find that climate lawsuits should play out in state, not federal courts.


(END) Dow Jones Newswires

08-22-22 0015ET