energy News
Plug Power Stock Jumps on Debt Deal and NASA Contract
Hydrogen company secures $399 million in proceeds to slash interest costs and strengthen its balance sheet, easing investor concerns over its financial footing.
ExxonMobil Boosts Outlook, Targets $25B Earnings Growth by 2030
Energy giant reaffirms massive $20 billion annual buyback program, signaling confidence in sustained cash flow from core oil and gas assets.
TotalEnergies Takes Control of Giant Namibian Oil Discovery
French energy major acquires 40% operating stake in the Mopane field, estimated to hold up to 10 billion barrels, solidifying its dominance in a new oil frontier.
Oil Producers Under Pressure as Saudi Arabia Slashes Crude Prices
Aramco's deepest price cut for Asian buyers in five years signals a fight for market share amid forecasts of a global supply glut, sending bearish signals across the energy sector.
Crescent Energy Rises After Divestiture Program Tops $900 Million
Asset sales aimed at reducing debt and streamlining its portfolio attract positive notice from credit rating agencies as the company sharpens its focus on core assets.
Enbridge Boosts Dividend, Issues Upbeat 2026 Financial Outlook
Energy infrastructure giant signals confidence with a 3% dividend hike and forecasts significant EBITDA growth, driven by its expanding U.S. gas utility business.
Natural Gas Prices Hit Three-Year High Amid Winter Demand Forecasts
Futures briefly top $5.00/MMBtu as colder weather and record LNG exports tighten supply, boosting shares of major producers like EQT and Expand Energy.
Chevron Deepens West Africa Push with Nigerian Offshore Stake
Energy giant acquires 40% interest in two exploration licenses from TotalEnergies, expanding a global collaboration in a key hydrocarbon basin.