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News Highlights: Top Energy News of the Day

05/24/2021 | 12:16am EDT
Oil prices finish higher, suffer a weekly loss on progress toward Iran nuclear deal 
 

Oil futures climb Friday, buoyed by a possible storm formation in the Gulf of Mexico, but prices still register a weekly loss, pressured in part by signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran.

 
Nonprofit Seeks to Trap Carbon in the Financial Markets 
 

Climate Vault buys up permits to pollute from the cap-and-trade market and then locks them away.

 
Green Finance Goes Mainstream, Lining Up Trillions Behind Global Energy Transition 
 

After years of intermittent excitement and fizzled expectations, environmental-oriented investing is no longer just a niche interest. "We've reached the tipping point and beyond," said one power-company executive.

 
Puerto Rico Utility Union Can't Block Privatization Deal 
 

A federal judge refused a request by a Puerto Rico utility workers' union to halt the impending privatization of electricity service in the territory from taking effect.

 
Bitcoin Miners Are Giving New Life to Old Fossil-Fuel Power Plants 
 

The lofty prices of cryptocurrencies have investors sinking money into electricity generation, risking a backlash.

 
Chevron to Restart Israeli Natural-Gas Field After Cease-Fire 
 

Chevron Corp. said it was restarting production at a key natural-gas field offshore Israel after a cease-fire was agreed between the Israeli government and Palestinian militant group Hamas.

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities

 
IEA's Global Energy Road Map Tightens Oil Lane - ESG Insight 
 

Oil majors with a defined energy-transition plan such as BP, Eni, Repsol, Royal Dutch Shell and Total have stronger emissions profile compared to the industry average

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities

 
U.S. Declines to Impose Sanctions on Nord Stream Pipeline 
 

The State Department cited the parent company and chief executive of a Russian natural-gas pipeline for sanctions but waived the penalties, a move that all but enables the natural-gas project to be completed.

(END) Dow Jones Newswires

05-24-21 0015ET

Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO -1.15% 34884.62 Real-time Quote.49.62%
BITCOIN - UNITED STATES DOLLAR -0.97% 41426.29 Real-time Quote.45.13%
CHEVRON CORPORATION -0.74% 101.81 Delayed Quote.20.56%
DJ INDUSTRIAL -0.42% 34935.47 Delayed Quote.14.63%
LONDON BRENT OIL -0.82% 75.16 Delayed Quote.46.69%
REPSOL S.A. -2.87% 9.221 Delayed Quote.11.77%
ROYAL DUTCH SHELL PLC -1.34% 17.092 Real-time Quote.16.96%
S&P GSCI NATURAL GAS INDEX -2.05% 183.2569 Delayed Quote.54.16%
WTI 0.53% 73.659 Delayed Quote.52.09%
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