BP to Simplify Group Structure
BP said it plans to simplify its organizational structure in an effort to reduce duplication and complexity, though it will keep its three business units.
Santos's Oil, Natural Gas Output Fell 7% in First-Quarter
Santos said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and planned maintenance.
U.S. Says Oil Companies in Venezuela Can Still Operate Despite Regime Oppression
Companies that entered Venezuela after U.S. lifted sanctions must apply for licenses on a case-by-case basis to remain in the country.
Oil prices settle at three-week low with U.S. supplies up a fourth week in a row
Oil futures declined on Wednesday for a third straight session, with prices falling to their lowest in three weeks.
U.S. Crude Oil Supplies Rise More Than Expected
Weekly commercial crude storage grew by 2.7 million barrels to 460 million barrels, while analysts predicted an increase of 600,00 barrels.
New Maui Fire Report Shows the Role Hawaiian Electric Power Line Played in Deadly Blaze
Hawaii attorney general's report offers details about high winds and a downed power line on the day catastrophic flames engulfed Lahaina on Maui last summer.
Vinci Buys Majority Stake in Edinburgh Airport
Vinci has bought a majority shareholding in Edinburgh Airport for around $1.6 billion, expanding its network in the U.K. to three airports.
Energy & Utilities Roundup: Market Talk
Gain insight on Kinder Morgan, Parkland, power rationing in Zambia, and more in the latest Market Talks covering Energy and Utilities.
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.
Are Battery-Powered Home Appliances in Our Future?
Appliances with batteries are designed to keep working when the power goes off. Some researchers believe they also could help prop up the electrical grid.
(END) Dow Jones Newswires
04-18-24 0415ET
