WTI Oil Ends Near $42 on Virus Optimism

U.S. benchmark oil prices settled 1.7% higher to $41.94 a barrel on slowly emerging optimism that the global coronavirus pandemic is starting to end, and activities such as air travel could soon be back toward normal. 


 
EPA to Rescind Methane Regulations for Oil and Gas

The Environmental Protection Agency is preparing to end requirements that oil and gas producers detect and fix greenhouse-gas emissions. 


 
Utilities Lose Their Recession Spark

Traditionally seen as recession-proof, utilities have been underperforming the broader U.S. market in the current economic downturn. That may present a buying opportunity for investors harboring doubts about the latest bull market. 


 
Riverstone's $1.8 Billion Fieldwood Energy Investment Put at Risk by Bankruptcy

Fieldwood Energy's second bankruptcy in two years threatens a nearly $2 billion bet by Riverstone Holdings in the offshore driller. 


 
Aramco's Dividend Discipline Isn't Enough

Oil industry investors have been rocked by two jarring dividend cuts this year, but the biggest oil company of them all has stayed the course. That discipline will do little to attract foreigners to Saudi Aramco, though. 


 
Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities 


 
Businesses Charge Up Batteries to Corral Power Costs

As batteries capable of powering buildings get bigger and cheaper, businesses are increasingly looking to install them to gain more control over their electricity costs. 


 
Pacific Drilling Considers Filing for Chapter 11

The offshore oil and gas drilling contractor said it might file for bankruptcy and it has started talks with a group of creditors about a restructuring. 


 
Murray Energy Cleared to Poll Creditors on Chapter 11 Exit Plan

The coal company court approval to begin polling creditors on a revised bankruptcy exit plan and firmed-up financing designed to let it leave chapter 11 despite disruptions to its business caused by the coronavirus pandemic. 


 
How a Tenuous Saudi-Russia Oil Alliance Could Melt Down

Rebounding oil prices have the potential to show the cracks that already exist in the delicate cooperation between the powerful oil-producing nations