Oil Eases, With OPEC+ Supply and Geopolitical Risks in Focus

Oil prices ticked lower after settling more than 1% higher in the previous session as OPEC+’s supply increase for November turned out to be more modest than expected.

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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.

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Ardian’s Energia Deal Valued Around $3 Billion

The private-equity firm agreed to buy the Irish power supplier with a strong renewables portfolio and a track record in data centers.

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Ukraine’s New Strategy for Keeping the Lights On Through a Winter of War

Top-secret sites house rows of batteries designed to support the country’s power grid during bombardments.

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How China Secretly Pays Iran for Oil and Avoids U.S. Sanctions

A hidden funding conduit has deepened economic ties between the two U.S. rivals in defiance of Washington’s efforts to isolate Tehran.

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OPEC and Allies Agree to Boost Oil Production

The Organization of the Petroleum Exporting Countries wants to regain market share lost to U.S. shale producers, Brazil and Guyana.

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Fire at Chevron’s El Segundo Refinery in Los Angeles Is Extinguished

Oil prices rose in part on news of the fire at the refinery, one of the largest on the West Coast.

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Warren Buffett’s Berkshire Comes to the Aid of Occidental Petroleum-Again

Berkshire’s $9.7 billion buy of Occidental’s petrochemicals business will allow the company to reduce debt and focus on fossil fuels.

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Berkshire Hathaway to Buy Occidental’s Petrochemical Unit for $9.7 Billion

Warren Buffett’s Berkshire Hathaway said it will buy Occidental Petroleum’s petrochemical business for $9.7 billion in cash.

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BP’s New Chairman Calls for Urgency in Push to Simplify the Business

Albert Manifold’s message signaled more asset sales as it attempts to shore up its balance sheet while boosting valuations for shareholders.

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U.S. Crude Oil Inventories Climb While Production Slips

U.S. inventories of crude oil grew by 1.8 million barrels from last week, well more than expected by analysts surveyed by The Wall Street Journal.

(END) Dow Jones Newswires

October 07, 2025 07:15 ET (11:15 GMT)

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