TotalEnergies to Invest $27 Billion in Iraq

The French energy giant signed a 25-year deal spanning fossil fuel and renewables. 


 
Oil ends lower on weaker-than-expected U.S. jobs data, but posts a weekly gain on slow Gulf output recovery

Oil futures end lower on Friday, on the back of a smaller-than-expected gains in U.S. nonfarm payrolls in August, but a slow post-hurricane recovery in energy operations at the Gulf of Mexico contributed to a gain in prices for the week. 


 
Hurricane Ida Leaves Louisianans Without Power, New York State Seeking Disaster Declaration

Parts of Louisiana and the Northeast are still grappling with the aftermath of the storm, with power not expected to return to parts of the Pelican State for weeks. 


 
U.S. Oil-Rig Count Falls by 16 in Latest Week, Baker Hughes Says

The number of rigs drilling for oil in the U.S. fell by 16 in the latest week to 394, according to oil-field services company Baker Hughes. 


 
Chevron Girds for Activist Challenge After Exxon Defeat

Executives at the oil company met recently with Engine No. 1, the hedge fund that waged a successful fight for seats on its rival's board. 


 
Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities 


 
An Army of Utility Workers Heads to Louisiana to Restore Power After Ida

As many as 25,000 workers from 38 states were headed to the state to restore a power grid mangled by the storm, armed with chainsaws and warnings about alligators and snakes. 


 
OPEC Alliance Keeps Gradual Output Increases, Despite U.S. Request

OPEC and a group of Russia-led producers resist, for the time being, recent U.S. pressure to open the alliance's spigots wider. 


 
Biden, Zelensky Discuss Energy, Russia, Ukraine's Future With West

President Biden and Ukrainian President Volodymyr Zelensky met against the backdrop of Kyiv's opposition to a Russian natural-gas pipeline. 


 
Energy Traders See Big Money in Carbon-Emissions Markets

Big energy trading houses, long focused on deep, volatile markets such as oil and natural gas, are now bulking up their carbon-trading operations as governments around the world push to expand the market for trading carbon emissions.

(END) Dow Jones Newswires

09-06-21 0015ET