Latest Industry News
Today in Energy
- U.S. oil companies spent less on interest over the last decade despite higher rates
- U.S. imports of major transportation fuels decreased in 2024
- U.S. natural gas inventories in underground storage ended winter at a three-year low
- The United States operates the world’s largest nuclear power plant fleet
- Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024
- China’s solar capacity installations grew rapidly in 2024
Energy
- First Solar stock plunges as CEO says Trump tariffs pose ‘significant economic headwind’
- Why Lennar is betting on a startup building backup batteries for Texas homes
- PayPal reports first-quarter earnings beat, maintains forecast
- Shift4 shares surge 11% on earnings beat as fintech stocks climb on results and upgrades
- Oil industry that Trump wants to ‘drill, baby, drill’ has taken a beating since he took office
- 'Repowering' era for America's aging wind energy industry begins, despite Trump's effort to kill it
Commodities & Energy
- China bans export of critical minerals to US as trade tensions escalate
- Chevron beats quarterly profit expectations on higher oil output
- OPEC+ could delay December oil output hike, sources say
- BP drops oil output target in strategy reset
- Workers at BHP’s Escondida copper mine will strike after failing to reach agreement
- Traders face $1 bln loss on faltering Ghana cocoa supply