Exxon Held Secret Talks With Rosneft About Going Back to Russia
Resuming business in Russia would mark a dramatic rapprochement after Exxon’s messy breakup with Moscow when Putin attacked Ukraine in 2022.
—-
Oil Gains As U.S. Stocks Draw, India Tariffs Take Effect
Oil futures recovered part of the previous day’s losses, helped by a second straight weekly draw in U.S. crude oil inventories and geopolitical risk.
—-
U.S. Nuclear Energy Drive to Spur Uranium Enrichment
The growing need for electricity to power artificial intelligence and massive data centers in the U.S. promises to usher nuclear energy into a new era of expansion, opening up opportunities for the industries that provide the fuel for the plants.
—-
U.S. Crude Oil Stockpiles Fall for Second Straight Week
U.S. crude oil inventories fell by 2.4 million barrels, more than the estimated drop of 1.9 million barrels.
—-
Another Old Nuclear Reactor Is Coming Back. These Stocks Could Benefit.
The electricity needed for the tech sector’s artificial intelligence race is turning reactors that were once unprofitable albatrosses into potential profit-drivers.
—-
Energy & Utilities Roundup: Market Talk
Find insight on oil futures, distributed solar installations and more in the latest Market Talks covering energy and utilities.
—-
Puerto Rico Utility Bondholders Break Off Deal After Oversight Board Purge
BlackRock, Nuveen and other creditors ditched a previous deal to write down over $8 billion in electric revenue bonds.
—-
U.S. and South Korean Nuclear Companies Sign Agreement
U.S. and South Korean officials have pledged cooperation in several industries, which could include nuclear energy and shipbuilding.
—-
The Ukrainian Attacks That Are Forcing Russia to Ration Its Fuel
The late Sen. John McCain once called Russia “a gas station with nukes.” Now, because of Ukrainian attacks, it must ration fuel.
—-
Orsted Shares Tumble After U.S. Issues Stop-Work Order on Wind Project
The Danish energy giant’s shares fell 16% amid President Trump’s opposition to wind power.
—-
Sasol Swings to Profit Despite Challenging Environment
The chemicals-and-energy group swung to earnings per share profit-despite lower turnover-and said it wouldn’t pay a final dividend.
—-
Europe’s Fragile Energy Lifeline Exposed by Ukraine’s Strikes in Russia
Ukraine’s attacks, encouraged by President Trump, have disrupted flows and triggered angry reactions from regional leaders.
(END) Dow Jones Newswires
August 28, 2025 04:15 ET (08:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.