Oil Futures Post Back-to-Back Weekly Losses
Oil futures ended the session and the week lower in rangebound trade, with tariff concerns tempered by the U.S. reaching several trade deals and moving toward an agreement with the EU.
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Eni Lifts Cash-Flow Guidance, Confirms $1.8 Billion Buyback Despite Headwinds
The company confirmed its planned shareholder returns for 2025 of a 5% dividend increase and a buyback program.
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Trump Administration Greenlights Chevron to Resume Pumping Oil in Venezuela
The decision marks a softening in the White House’s approach to the South American country.
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Energy & Utilities Roundup: Market Talk
Find insight on Phillips 66, Eni and more in the latest Market Talks covering Energy and Utilities.
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Private Equity Gets Bullish on Natural Gas-Fired Power Plants
Deals involving the assets totaled $49 billion during the first six months of the year.
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TotalEnergies Maintains Buyback Pace Despite Profit Drop, Higher Debt
The energy major said it would keep its $2 billion quarterly buyback even as lower oil-and-gas prices weighed on its earnings.
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U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories declined by 3.2 million barrels as domestic production and imports fell while exports picked up.
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GE Vernova Stock Soared on Earnings Beat. Wall Street Loves the Power Firm.
The power company posted strong second-quarter earnings, and raised full-year financial guidance.
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Equinor Takes Near $1 Billion Hit From Trump Flip-Flop on Offshore Wind
Norwegian energy giant said stalling of construction of its Empire Wind project off the New York coast and an issue with a lease cost the company $955 million.
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Halliburton Sees Softer Oilfield Services Market as Profit, Revenue Slide
Halliburton expects the oilfield services market will be softer than previously thought after logging lower second-quarter profit and revenue.
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U.K. Government Approves $51 Billion Sizewell C Nuclear Power Plant
The government said it will take an initial 44.9% stake in the 3.2 gigawatt nuclear power station in southeast England, becoming the project’s biggest shareholder.
(END) Dow Jones Newswires
July 28, 2025 00:15 ET (04:15 GMT)
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