News Highlights: Top Energy News of the Day - Tuesday at 4 AM ET
Oil prices fall after Iran's president says country is prepared to ease Middle East tensions
Oil futures ended lower Monday, giving up earlier gains, after Iran's president told reporters the country was prepared to ease tensions in the Middle East if Israel takes the same actions.
California Sues Exxon, Alleges Plastics Deception
The state's attorney general accused the oil company of misleading consumers about the recyclability of plastic products. It's seeking civil penalties.
Electricity That Costs Nothing-or Even Less? It's Happening More and More
A big increase in wind and solar power has pushed wholesale prices to zero or below for many hours of the year, spurring a sea change in the way people use power in some parts of the world.
Three Mile Island's Nuclear Plant to Reopen, Help Power Microsoft's AI Centers
The 20-year deal with Constellation Energy would kick-start the site of the nation's worst nuclear power accident.
Move Over, Oil Producers. These Energy Stocks Are Taking the Lead.
Pipeline companies, not oil producers, are the hot oil stocks now.
U.S. Crude Oil Stockpiles Fall in Week Ended Sept. 13
Commercial crude oil stockpiles excluding the Strategic Petroleum Reserve fell by 1.6 million barrels to 417.5 million barrels in the week ended Sept. 13 and were about 4% below the five-year average for the time of year, the EIA said.
BP to Sell U.S. Onshore Wind Energy Business
The divestment is part of a wider strategy to simplify the business and increase the company's value as it transitions to an integrated energy company, BP said.
Renewables, and Good Luck, Prop Up Power Grid Through Extreme Heat
The grid has avoided rolling blackouts so far this summer. Regions that added renewables and batteries quickly have fared better than others.
Saipem Wins $4 Billion QatarEnergy Contract
Saipem shares rose sharply after it was awarded an engineering, procurement and construction contract from QatarEnergy LNG.
It's the Epicenter of U.S. Gas Exports, and a Hurricane Magnet
When Francine slammed southern Louisiana, it became the latest storm to hit near an area that has become the epicenter of U.S. LNG exports.
(END) Dow Jones Newswires
September 24, 2024 04:15 ET (08:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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