Latest Industry News
Today in Energy
- China’s crude oil imports decreased from a record as refinery activity slowed
- Recent cold snap results in fourth-largest withdrawal from underground natural gas storage
- Natural gas-fired power plants have different owner types
- Rarely used oil, coal helped power New England during recent cold snap
- U.S. coal exports reached a six-year record in June 2024
- Natural gas spot prices fell across key regional trading hubs in 2024
Energy
- FIS shares plunge most since 2023 on disappointing revenue, guidance miss
- Why U.S. gasoline prices could rise if Trump slaps tariffs on Canadian crude oil next month
- Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS
- British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
- Steel and aluminum stocks surge on Trump plan to impose 25% tariffs on imports to U.S.
- BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
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