Texas Power-Grid Operator Urged to Enhance Emergency Units
Texas needs to revamp the procurement of "black start" resources-the power generation that would be needed to jump-start the grid in the event of a collapse-five former members of the Public Utility Commission of Texas said.
Oil Ends Flat Amid Concerns Over US Fuel Demand
U.S. benchmark oil prices ended little changed, finishing the session down 0.03% at $68.81 a barrel as a bullish drop in U.S. crude-oil inventories was offset by concerns that rising prices for everything from gasoline to hotels may soon put a crimp into Americans' summer travel plans.
U.S. Crude-Oil Inventories Fall More Than Expected
U.S. inventories of crude oil fell more than expected but gasoline and other fuel supplies increased, according to data released Thursday by the Energy Information Administration.
Carbon Price Boom Attracts Investors to Emissions-Trading Market
Investors have piled into new carbon-credit-trading funds, helping make the upstart market one of the best performing commodities-related investments of the past year.
Natural Gas Falls Due to Rise in Inventories
Natural gas prices ended 1.1% lower at $3.041/mmBtu following the release of a weekly storage report that showed an increase to inventories that was slightly higher than analysts expected.
Activist Likely to Gain Third Seat on Exxon Board
Upstart hedge fund Engine No. 1-which challenged the oil giant's strategy to focus on oil production amid climate-change concerns-may expand its board-fight victory, an updated tally shows.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities.
Oil's Sunset Years Could Be Profitable for Some
Western oil producers' transition plans create an opportunity for state-backed peers that are insulated from shareholder pressure over their climate impact.
Biden Administration Suspends Oil Leases in Arctic Refuge
The decision is the latest twist in more than 30 years of fights, often highly partisan, over how to manage what many consider some of the country's last unspoiled wilderness.
Weatherford to Relist on Nasdaq as Oil Recovers
Hard hit by the 2015 oil bust and the 2020 pandemic, the company is now seeing its prospects improve as global crude prices top $70 a barrel.
(END) Dow Jones Newswires