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News Highlights: Top Energy News of the Day

09/11/2020 | 04:16pm EST
Oil Futures Mixed, Post Weekly Loss 

Oil futures suffered from a second consecutive weekly decline on Friday, pressured by worries over the outlook for demand and a climb in U.S. crude supplies.

California Utilities Hope Drones, AI Will Lower Risk of Future Wildfires 

Artificial intelligence may be able to spot fire risks created by faulty distribution and transmission equipment, utilities say.

U.S. Oil-Rig Count Falls by 1 in Latest Week, Baker Hughes Says 

The number of rigs drilling for oil in the U.S. fell by one to 180 in the latest week, according to oil-field services company Baker Hughes.

The New Geopolitics of Energy 

Power is shifting from longtime oil giants like Russia and Saudi Arabia to innovators like China-and maybe the U.S.

Energy & Utilities Roundup: Market Talk 

The latest Market Talks covering Energy and Utilities

Hurricane Season Is So Bad That We Are Running Out of Names 

The 2020 Atlantic hurricane season is moving at such a fast clip that forecasters are just four monikers shy of needing to use the Greek alphabet to name storms-something they have had to do only once before.

Oil Major BP Gives a Taste of How It Will Go Green 

A deal to buy into wind farms off the coast of New York and Massachusetts showcases the British company's ambitions in the clean-energy sector-and the risks it is taking.

Oil Traders Gird for More Price Swings 

Traders are betting on fresh upheaval in the oil market, in an abrupt turnaround from the calm of recent months.

Why Wildfires Are So Bad This Year in California, Oregon and Washington 

The American West is facing one of the most dangerous and overwhelming fire seasons in history due to high temperatures, strong winds, dry forests and lightning storms.

BP Expands U.S. Offshore Wind Presence 

BP has agreed to pay $1.1 billion for some of Equinor's U.S. assets as part of a deal with the Norwegian group to develop offshore wind projects in America.


Stocks mentioned in the article
ChangeLast1st jan.
BAKER HUGHES COMPANY -2.37% 19.7958 Delayed Quote.-20.95%
LBS (LBS) - CMG (ELECTRONIC)/C1 0.00% 600.5 End-of-day quote.48.16%
LONDON BRENT OIL 1.17% 48.55 Delayed Quote.-30.61%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.18% 75.54799 Delayed Quote.22.74%
WTI 1.72% 45.58 Delayed Quote.-29.68%
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