Dow Jones Top Energy Headlines at 12 AM ET: U.S. Proposes Lifting Oil and Gas Development Curbs at Alaska Reserve | Why ...

Dow Jones
03 Jun

U.S. Proposes Lifting Oil and Gas Development Curbs at Alaska Reserve

The Interior Department is seeking to rescind 2024 restrictions.

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Why oil's rally after Russia's 'Pearl Harbor' moment may be short-lived

Ukraine's audacious attack on Russian airfields sent a shockwave through the oil market, but analysts doubt the rally will last as OPEC+ accelerates production hikes.

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Why Oil Prices Are Jumping After OPEC Increased Production

Crude benchmarks jumped by more than 3% after Ukraine destroyed more than 40 warplanes in Russia.

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First Solar Stock Falls. Wall Street Is Split on Fate of Renewables.

The solar energy company's shares are down 45% over the last 12 months but some analysts believe it has room to rise.

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Kellie Metcalf Parts Ways With EnCap Investments

The former managing partner helped set up and lead the oil-and-gas investor's clean-energy strategy.

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Indian Billionaire Gautam Adani Comes Under New Scrutiny from U.S. Prosecutors

The Justice Department is investigating whether Adani's companies violated U.S. sanctions on Iran, after charging him in a bribery case last year.

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Energy & Utilities Roundup: Market Talk

Gain insight on oil futures, Galp's Bacalhau project, Orsted and more in the latest Market Talks covering Energy and Utilities.

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Sliding Oil Prices Have Reopened the Door to Russian Crude

A cadre of Greek shipping magnates has stepped back into the fold as the go-to distributors of Moscow's crude to the world.

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EOG Resources to Buy Encino Acquisition Partners for $5.6 Billion

EOG Resources has agreed to buy Encino Acquisition Partners for $5.6 billion, extending its acreage in Ohio's Utica Shale.

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BP Appoints Former Devon Energy Chief David Hager as Nonexecutive Director

The naming of the U.S. oil executive comes at a time when BP is seeking to more than double its production of oil and gas in the country by the end of the decade.

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U.S. Crude Oil Stockpiles Fall More Than Expected

U.S. crude oil inventories fell by 2.8 million barrels, exceeding estimates for a drop of 600,000 barrels.

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NRG's Stock Is a Top Gainer. How Does It Really Make Money?

The company looks more like a risky energy trader than a simple power producer.

 

(END) Dow Jones Newswires

June 03, 2025 00:00 ET (04:00 GMT)

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