Oil Giant Total Pledges Renewable Power Push
Total SA pledged to ramp up its spending on renewable energy and reduce its dependence on petroleum, the latest move by a major oil company toward cleaner power.
NextEra, Renewable-Energy Giant, Seeks Greater Scale With a Duke Takeover
NextEra Energy's pursuit of Duke Energy could result in a merger of utility giants that would speed the renewable-energy transition in the South and Midwest.
India Govt Extends Deadline for BPCL Stake Bids
The Indian government has extended the deadline to submit bids for Bharat Petroleum, giving interested parties another month to make offers for the oil-and-gas company.
Utility Megadeal Looks Unlikely and Unappetizing
Duke Energy's shares surged after the Journal reported that NextEra Energy made a takeover approach. The enthusiasm looks premature.
Analysts Expect 80 Billion Cubic-Foot Injection in Natural Gas Storage
U.S. government natural-gas data due Thursday are expected to show inventories rose last week by 80 billion cubic feet -- an amount slightly above normal for this time of year as the sudden arrival of mild, fall weather curbed demand.
U.S. Oil Inventories Fall as Refinery Activity Speeds Up
U.S. inventories of crude oil unexpectedly fell by two million barrels last week as refinery activity picked up the pace, while gasoline stockpiles surprisingly rose by 683,000 barrels, government data showed.
Oil Rises on Storage Data, Stimulus Hopes
U.S. benchmark oil prices ended the session 2.4% higher at $40.22 a barrel after government data showed another drop in U.S. oil inventories, and as investors increasingly expect some type of coronavirus-relief deal to be passed in the U.S.
Renewable Energy Can Live With Trump or Biden
Despite President Trump's public skepticism about environmental goals, renewable energy companies' values and installations have been rising at a healthy clip.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities.
NextEra Energy Made Takeover Approach to Duke Energy
NextEra Energy recently made a takeover approach to Duke Energy, according to people familiar with the matter, testing the waters for what would be a $60 billion-plus combination of two southern utilities.