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News Highlights : Top Energy News of the Day

05/19/2021 | 12:16am EDT
Colonial Pipeline Moving Fuel Despite Disruptions to Orders System 

Colonial Pipeline said the ordering-system outages weren't related to the ransomware attack this month that forced it to shut down the pipeline for six days.

U.S. oil prices end lower, down from 2-year highs, on potential progress in Iran nuclear talks 

Oil futures end lower on Tuesday, with U.S. prices down from their highest finish in more than two years. Prices fall sharply afternoon dealings after a report from BBC Persia implied progress in the Iran nuclear talks.

U.S. Crude-Oil Stockpiles Likely to Rise in DOE Data, Analysts Say 

U.S. crude-oil stockpiles are expected to increase by 1.7 million barrels while gasoline stockpiles are expected to fall by 1.2 million barrels from the previous week in data due Wednesday from the Energy Department, according to a survey of analysts and traders.

Investors Need to Get the Measure of Carbon 

The time has come for investors to think about greenhouse-gas emissions separately from other environmental, social and governance criteria.

Duke Energy Shake-Up Idea May Be Too New, Too Late 

Duke Energy's shares barely moved after activist investor Elliott Management unveiled a letter seeking changes at the utility giant.

Stop New Oil Investments to Hit Net-Zero Emissions, IEA Says 

Investment in new fossil-fuel supply projects must immediately cease if the world is going to slash net carbon emissions to zero by 2050, the Paris-based energy watchdog said.

Engie to Boost Growth Investments, Step Up Disposals 

French utility Engie plans to boost growth investments and accelerate its disposal program, in an effort to increase earnings by EUR600 million between 2021 and 2023.

Energy & Utilities Roundup: Market Talk 

The latest Market Talks covering Energy and Utilities

Woodside Says Will Exit Kitimat LNG Joint Venture 

Woodside Petroleum Ltd. said it intended to exit its 50% interest in the proposed Kitimat liquefied natural gas development in Canada and expects associated costs to cut 2021 net profit by up to $60 million.

Elliott Urges Duke Energy to Consider Separation Into Three Companies 

The activist investor is seeking board seats at Duke and wants the company to form a strategic-review committee.

(END) Dow Jones Newswires

05-19-21 0015ET

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