News Highlights: Top Energy News of the Day - Friday at 11 AM ET

Oil prices on track for solid weekly gains on fears of wider Middle East conflict 
 

Oil futures edged higher on Friday and remained on track for solid weekly gains as investors gauged the potential for a wider Middle Eastern conflict that could endanger crude flows from the region.

 
U.S. Natural Gas Futures Little Changed 
 

U.S. natural gas futures were little changed after yesterday's sharp drop as the heat that has been driving up demand shows signs of easing.

 
BP to Take Control of Brazilian Biofuels JV in $1.4 Billion Deal 
 

BP is taking full control of its Brazilian biofuels joint venture, BP Bunge Bioenergia, with the acquisition of its partner's 50% shareholding, as part of its plan to focus on new biofuels projects.

 
It's Going to Cost More to Stay Cool This Summer 
 

Record-breaking temperatures and higher natural-gas prices are lifting electricity bills.

 
Carlyle Expands Energy Assets With Energean Portfolio Buy 
 

Private-equity firm Carlyle Group is expanding its exploration and production assets with the acquisition of operations in Italy, Egypt and Croatia from Energean for up to $945 million.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on BP, renewable energy in Europe and more in the latest Market Talks covering the Energy & Utilities sector.

 
Exxon Lawsuit Against Activist Shareholders Thrown Out 
 

A federal judge said he was prevented from weighing in on a heated battle between the oil giant and a sustainability-focused investment firm.

 
Solar Energy Faces Cloudy Prospects on Warehouse Rooftops 
 

Installations are growing, but experts say the benefits of solar panels on rooftops come with significant costs.

 
Biden's Tough-on-China Stance Threatens Green America Push 
 

The president tries to balance building clean-energy industries in the U.S. and curbing Chinese imports such as batteries and solar-panel parts.

 
Wind Energy Is Starting to Revive. The Election Could Throw a Wrench in the Works. 
 

New turbines are popping up offshore and on land. High interest rates and local opposition have been a drag on projects for several years.

(END) Dow Jones Newswires

June 21, 2024 11:15 ET (15:15 GMT)

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