Oil Little Changed, With Focus on U.S.-Russia Meeting

Oil prices were little changed in European afternoon trade as markets focused on the planned meeting between Trump and Putin that could pave the way for a Ukraine peace deal.

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Orsted Shares Tumble After Halting of U.S. Wind Project Sale; $9.4 Billion Rights Issue Proposal

The decision to stop the sale comes after developments in the U.S. wind market disrupted the renewable-energy company’s asset sale plans.

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Vistra sees electricity demand trending like it’s the 1990s, fueled by AI and crypto

Vistra Corp.’s stock rose Thursday after the power company lifted its estimate for potential profitability next year, citing the rising demand for electricity to power data centers used for artificial intelligence and the mining of cryptocurrencies.

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ConocoPhillips Posts Lower Earnings as Oil Prices Fall

ConocoPhillips’s second-quarter earnings fell, hurt by lower prices that were slightly offset by higher production.

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Blackstone Agrees to Buy Private-Equity Backed Enverus

The transaction paves the way for Genstar Capital and Hellman & Friedman to exit stakes in the energy data intelligence company.

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U.S. Crude Oil Stockpiles Fall as Imports Slip, Exports Rise

U.S. crude oil inventories fell by 3 million barrels last week as imports dropped, exports rose, and refineries raised their capacity use.

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Adnoc Gas Posts Record Earnings Despite Weaker Prices

The Abu Dhabi-owned gas company said net profit for the quarter rose 16% on the same period a year prior, setting a fresh quarterly record.

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Siemens Energy Expects Results at Upper-End of Guidance After Record Order Intake

The German maker of energy equipment reaffirmed its guidance after swinging to a net profit.

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Saudi Aramco Keeps Dividend After Profit Takes Hit From Lower Oil Prices

Aramco pumped more oil but lower prices hurt its top line as crude on average fell to $66.7 a barrel from $76.3 earlier this year.

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BP Pledges Further Cost, Portfolio Review

The London-based energy company said it would launch a new cost review and evaluate its portfolio, as it presses ahead with a plan to address investor concerns.

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BP Makes Potentially Largest Discovery in 25 Years Offshore Brazil

The energy giant said it discovered oil and gas in the deepwater Santos basin offshore Brazil as it seeks to grow global upstream production output.

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Residential Solar Industry Looks to Cut Costs as End to Tax Credits Looms

With President Trump’s tax law putting an early end to solar tax credits, the residential solar industry is now looking to lower prices, particularly by cutting sky-high sales and marketing costs, according to companies and analysts.

(END) Dow Jones Newswires

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

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