California Officials Try to Limit Damage From Oil Spill

CEO of Houston-based company that operates the oil platform says pipeline has been shut off and remaining oil was suctioned off. 


 
Exxon Sees Green Gold in Algae-Based Fuels. Skeptics See Greenwashing.

Exxon says it is closer to its goal of fueling planes and trucks with oil distilled from algae. With government subsidies, it says it is on pace to make algae biofuel commercially viable by the end of the decade. 


 
OPEC Boss Says World Can't Afford to Underinvest in Oil

Mohammed Barkindo said consumers should brace for more energy shortages unless the world boosts investment in oil-and-gas development, the cartel's first, full-throated response to calls to limit such spending. 


 
China's Power Shortfalls Begin to Ripple Around the World

Widespread power shortfalls have hurt the recovery of the world's second-largest economy and add to a global energy squeeze that risks upsetting the post-pandemic recovery. 


 
U.S. Oil-Rig Count Rises by 7 in Latest Week, Baker Hughes Says

The number of rigs drilling for oil in the U.S. climbed by seven in the latest week to 428, according to oil-field services company Baker Hughes. 


 
Mexico Weighs Limits to Private Investment in Electricity

The move could jeopardize billions of dollars in foreign investments, but President López Obrador argues it is needed to protect consumers. 


 
Oil futures gain Friday and for week, ahead of Monday's OPEC+ decision on output

Oil futures finish with a gain on Friday as traders weigh possible outcomes for Monday's expected decision by OPEC and its allies on crude production levels. 


 
Winter Is Coming. Should the U.S. Hang On to Its Natural Gas?

Rising natural gas prices could put pressure on politicians to limit exports-but curbs have the potential to backfire. 


 
Chevron Foe Steven Donziger Sentenced to Six Months

The disbarred attorney was sentenced for contempt of court after a federal judge concluded that he willfully violated orders stemming from a legal crusade against Chevron over pollution in the Ecuadorean rainforest. 


 
Russia Seeks to Protect Economy From Energy Transition

The country is looking to limit spending from its sovereign-wealth fund as the global transition away from fossil fuels threatens the backbone of its economy.

(END) Dow Jones Newswires

10-04-21 0015ET