News Highlights: Top Energy News of the Day - Wednesday at 12 AM ET

Oil prices mark first loss in 4 sessions as demand worries prevail 
 

Oil prices declined Tuesday, with worries over a slowdown in demand contributing to the first loss in four sessions.

 
TotalEnergies Unit to Pay $48 Million Over Alleged Gasoline Futures Manipulation 
 

The Commodity Futures Trading Commission said a TotalEnergies subsidiary tried to manipulate a gasoline benchmark after it took a short position in the futures market.

 
The Hottest Sectors in Climate Tech? Follow the VC Money 
 

Startups developing technologies to make the power grid more reliable and efficient are among those getting attention from venture capitalists.

 
More Than 40% of World's Electricity Came From Zero-Carbon Sources in 2023 
 

Investments in renewables continue to outpace fossil fuels, a BloombergNEF report finds.

 
Goldman Cuts Oil Outlook Below $80. Blame a Surprise U.S. Surplus, Weak China Demand. 
 

It lowered the forecast for Brent prices by $5 a barrel, reflecting soft China demand and increased global supply, including from OPEC+.

 
LS Power Raises $2.7 Billion for Energy-Infrastructure Bets 
 

The power-focused developer and investment firm sees the "best investment environment" ever.

 
Woodside Gets Interest in Potential Selldown of U.S. Ammonia Project 
 

Woodside Energy has received interest from groups seeking to acquire equity in the U.S. ammonia project that it is buying from OCI Global for around $2.35 billion.

 
Can a Closed Nuclear Power Plant From the '70s Be Brought Back to Life? 
 

Surging demand for electricity and new investment in green energy drove the plan to restart Michigan's decommissioned Palisades plant. It would be a global first.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on PetroChina, Sinopec, ENN Energy and more in the latest Market Talks covering Energy and Utilities.

 
Libya's oil output 'cannot be easily replaced' during reported production halt, analysts warn 
 

The oil market's attention was turning to North Africa on Monday, with reports that Libya's eastern government had halted crude exports and production from the nation's oil fields.

(END) Dow Jones Newswires

August 28, 2024 00:15 ET (04:15 GMT)

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