PG&E Wins Approval to Bury More Than 1,200 Miles of Power Lines

The utility said its plan is essential to preventing wildfires in California. The company's power lines have ignited numerous deadly fires in recent years. 


 
Oil futures settle at lowest since early July, pressured by demand worries and a rise in U.S. supplies

Oil futures declined Thursday, with worries about energy demand and a sharp rise in U.S. crude inventories over the past two weeks leading prices to their lowest settlement in more than four months. 


 
Natural Gas Futures Fall After Above-Estimate Storage Build

Natural gas futures fell sharply after a storage report came in above estimates. 


 
U.S. Sanctions Shipping Companies for Allegedly Evading Russia Oil Price Cap

The U.S. has imposed sanctions on more shipping companies and vessels that it says evaded a cap meant to cut Russia's oil revenue. 


 
U.S. Crude-Oil Inventories Rise by 3.6 Million Barrels

U.S. oil inventories increased by 3.6 million barrels in the week ended Nov. 10, above forecasts calling for a rise of 800,000 barrels. 


 
Karoon Energy to Buy Stake in 2 U.S. Oil, Gas Fields for US$720 Million

Karoon said the deal would increase its production next year by 57-63%. 


 
Hydrogen Fuel Is Gaining Traction With Truckers

Some operators say it allows trucks to drive farther and faster, but the technology is far behind development of battery-cell electric vehicles. 


 
Energy & Utilities Roundup: Market Talk

Gain insight on oil companies, Copenhagen Infrastructure Partners, SSE, Tullow Oil and more in the latest Market Talks covering Energy and Utilities 


 
Why the U.S. government is changing the way it collects data on the oil market

The U.S. Energy Information Administration has been implementing changes to the way it collects its data, and it hasn't been easy to understand what those changes mean for the traders who use the government agency's reports to make key decisions. 


 
Siemens Reviews Troubled Wind Business Structure

Siemens Energy reported a net loss in the fourth quarter due to mounting challenges at its Gamesa unit, and said it would review the structure of the wind-turbine business, expecting it to break even in fiscal 2026.


(END) Dow Jones Newswires

11-17-23 0015ET