Strathcona Resources Terminates Takeover Bid for MEG Energy
Strathcona Resources terminated its takeover bid for MEG Energy, days after rival Cenovus Energy upped its offer to buy out the Canadian oil-sands producer and changed the terms of their standstill agreement.
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Gas Turbine Makers Are Riding the AI Power Boom
Orders and prices are soaring for the monster machines made by GE Vernova, Siemens Energy and Mitsubishi Heavy Industries.
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Canada, U.S. Have Discussed Reviving Keystone XL, Carney Says
Canadian Prime Minister Mark Carney said he and President Trump have discussed the development of energy projects that would help both countries, including the twice-rejected Keystone XL expansion project.
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Oil Futures Sink As Trump Rekindles Trade Tensions
Oil futures posted their sharpest single-day declines in several months as the Israel-Hamas ceasefire reduced geopolitical risk premium and President Trump stepped up trade tensions with China.
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After Years of Protests, Environmentalists Are Fighting to Save Nuclear Plants
Where governments and the public once saw safety risks, some now see a source of low-carbon electricity.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, U.S. oil rigs and more in the latest Market Talks covering energy and utilities.
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Orsted to Slash 2,000 Jobs in Coming Years
A quarter of the workforce will be cut by 2027 as it scales back its global footprint to focus more on offshore wind markets in Europe and select regions in Asia Pacific.
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U.S. Crude Oil Inventories Post Bigger-Than-Expected Build
Commercial crude oil stocks rose by 3.7 million barrels to 420.3 million barrels in the week ended Oct. 3, greater than the increase of 700,000 barrels expected by analysts.
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IEA Cuts U.S. Renewable Energy Growth Outlook on Trump Policies
The world’s renewable capacity is still expected to double over the next five years, driven by solar power.
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Shell Sees Trading Boost in Its Integrated Gas Division, Higher Refining Margins
The energy giant expects significantly higher earnings from its integrated gas division, while a rise in refining margins will partially offset weaker oil prices.
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Orsted Raises $9.4 Billion to Boost Coffers Amid U.S. Challenges
The capital raise allows the renewable-energy company to shore up its balance sheet after developments in the U.S. wind market disrupted its plans to sell assets.
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Plug Power Stock Is Flying Again. Why the Rally Just Keeps Going.
A confluence of events lifted shares of the hydrogen technology provider by 67% over the week through Friday.
(END) Dow Jones Newswires
October 13, 2025 00:15 ET (04:15 GMT)
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