energy
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Hedge funds turned bearish on US natural gas for the first time since 2024 on signs of plentiful domestic supplies and expectations of reduced export needs.
BP shares break six-session losing streak
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DURHAM, N.C.--(BUSINESS WIRE)--As FlexGen integrates CES to its portfolio, customers will benefit from a larger domestic servicing team across battery storage and solar projects.
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TotalEnergies SE’s oil trading activities generally earn the company about $2 billion per year, Chief Executive Officer Patrick Pouyanné said, a rare comment on the vast size of the oil trading operations of some of Europe’s majors.
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Oil tumbles, stocks gain on US-Iran deal hopes Reuters
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The UK’s much-discussed relationship with the bond markets may be dysfunctional, but it isn’t particularly complicated. It boils down to one basic fact about humanity: Nobody thinks kindly of the people who lend them money.
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Global fuel crisis adds urgency to Cambodian push to tap $300 billion energy resources Reuters
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It’s not too soon to start learning lessons from the dramatic removal of BP Plc chair Albert Manifold and his vigorous reaction to his ousting. The situation already highlights the central challenges of having a non-executive chair sit at the heart of UK corporate governance.
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Chevron CEO Mike Wirth discusses the risks for tankers transiting the Strait of Hormuz and says that multiple vessels have been attacked in recent days. “We see risks very real still in that environment,” Wirth said on “Bloomberg Surveillance.” (Source: Bloomberg)
Saudi Arabia is expected to slash again the official selling prices of the crude it will load for Asia in July amid weakening demand and narrowing spot Middle East crude premiums, a Reuters survey of industry sources showed on Friday. Saudi Arabia, the world’s top crude exporter, is set to cut the o