Duke Energy Corp. said it has signed a three-year deal with Amazon. com Inc.’s cloud-computing unit as the electric power and natural gas holding company aims to advance its power grid improvements and clean energy goals. Charlotte, N.C.-based Duke will use Amazon Web Services to run applications that predict electricity needs on its power grid, […]
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Republicans have the power to block Democratic efforts to approve new regulations or taxes on the fossil-fuel industry, private-equity funds, tobacco makers and drug manufacturers. Source link Source link
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Australia’s OZ Minerals says it intends to recommend BHP’s revised offer valuing its equity at $6.34 billion. Source link Source link
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World Middle East The country is cutting back on its domestic energy use so it can sell more gas to Europe and tackle its economic crisis Source link Source link
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Business Russian crude oil exports, including to the European Union, were largely unchanged last month Source link Source link
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World Europe Berlin to spend over $13.4 billion to shore up the natural gas business it had been running for months Source link Source link
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The discussions had been seen as an indication of how the coal-price surge is transforming the sector’s fortunes. Source link Source link
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U.S. oil-and-gas companies offer little relief for tight global market. Source link Source link
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WSJ News Exclusive Business Major oil company uses less than half of available space at campus poised to become global headquarters next year, memo says Source link Source link
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The president said the energy companies should be punished if they don’t use their profits to help lower energy costs for consumers. Source link Source link
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Business Earnings Earnings driven by higher oil prices and volumes sold Source link Source link
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London-based BP reported robust underlying profit for the third quarter and said it would buy back another $2.5 billion of shares, as a strong performance in natural-gas trading offset weaker refining margins. Source link Source link
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The annual rate of consumer-price inflation in the eurozone increased to double digits in October, reaching a record and highlighting the challenges facing the European Central Bank. Source link Source link
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Frackers in America’s busiest oil field are butting heads with miners working to boost production of a vital crop nutrient in short supply following Russia’s invasion of Ukraine. Relentless drilling in the Delaware basin has pushed New Mexico’s oil production up faster than in any other state over the past 10 years. But the Delaware, […]
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The world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp. reported almost $20 billion in profit, its most lucrative quarter ever, while rival Chevron Corp. CVX 1.17% reported just a slight dip from the record haul it set in the prior quarter. Despite the hefty […]
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