Woodside, Santos End Talks on Merger to Create $57 Billion Energy Giant
The companies spent two months discussing a merger that aimed to capitalize on the rising demand for natural gas resulting from the war in Ukraine.
TotalEnergies Ramps Up Shareholder Returns
TotalEnergies said it would increase its dividend and investor payouts this year, after it posted profits of more than $5 billion in the fourth-quarter, below expectations.
Siemens Energy Posts Profit as Orders Surge
Siemens Energy swung to a net profit in the first quarter of fiscal 2024, helped by a 24% rise in orders and reiterated its outlook for the year.
Vestas Beats Views After Record Orders
Vestas shares rose sharply after it posted fourth-quarter profits and revenue above market expectations and said it expected higher sales in 2024.
Oil logs back-to-back gain as Middle East conflict keeps supply risk 'elevated'
Oil futures on Tuesday notched back-to-back gains to start the week, after a rout last week sent crude to three-week lows as the latest conflict developments in the Middle East fed concerns over risks to global crude supplies.
BP Tops Expectations, Boosts Buyback
BP beat forecasts on fourth-quarter profit and doubled-down on its commitment to hand back cash to investors, helping lift its shares to the top of the FTSE 100..
Energy & Utilities Roundup: Market Talk
Find insights on Precision Drilling, RWE, BP, and more in the latest Market Talks covering Energy and Utilities.
DOJ Charges Iranian Revolutionary Guard Members in Oil Trafficking Cases
Federal officials said they seized $108 million used as part of the funding scheme and 500,000 barrels of Iranian fuel.
Oil Profits Keep Flowing for Exxon and Chevron
U.S. giants join Shell in posting strong earnings, but face an uncertain outlook as countries vow to phase out fossil fuels.
Biden Gas-Export Decision: Smoke, but No Fire
With so many permitted projects struggling to secure contracts, pausing LNG approvals was an easy, low-stakes political win.
(END) Dow Jones Newswires
02-07-24 0415ET
