Nymex Crude Erases Earlier Declines
Nymex crude oil erased earlier declines, trading flat amid rising U.S. equities and storm concerns.
OPEC Extends Forecast for Decline in Global Oil Demand
The economic hit from the coronavirus pandemic will hurt global energy demand harder and for longer than previously feared, the Organization of the Petroleum Exporting Countries said.
Exxon's Bet on Oil, Gas Drags Down U.S. Titan
The oil giant doubled down on oil and gas at what now looks to be the worst possible time. Investors are fleeing and workers are grumbling about the direction of a company some see as out of touch.
Uganda, Total Reach Key Deal on Pipeline
Uganda and French oil giant Total have reached an agreement for the construction of a $3.5 billion pipeline to the Tanzanian port of Tanga, unlocking the long delayed development of the region's largest crude reserves.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities
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.
Hurricane Forecasters Are Running Out of Names This Year
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.