energy News

Cenovus Energy to Issue $2.6B in Notes to Refinance Debt
Energy
2mo ago

Cenovus Energy to Issue $2.6B in Notes to Refinance Debt

The Canadian energy giant is moving to extend its debt maturities and lower costs, targeting notes due in 2027 and 2029 for redemption.

Venture Global Ups Stakes in LNG Race with Massive Expansion Plan
Energy
2mo ago

Venture Global Ups Stakes in LNG Race with Massive Expansion Plan

The private energy firm's filing to create one of the world's largest LNG facilities intensifies competitive pressure on public rivals Cheniere and Sempra.

CEG Gets $1B US Loan to Revive Three Mile Island for Microsoft AI
Energy
2mo ago

CEG Gets $1B US Loan to Revive Three Mile Island for Microsoft AI

Historic nuclear plant, shuttered in 2019, will be restarted to provide carbon-free power for Microsoft's growing data center operations under a 20-year deal.

Helmerich & Payne Stock Slides Despite Saudi Rig Reactivation News
Energy
2mo ago

Helmerich & Payne Stock Slides Despite Saudi Rig Reactivation News

The drilling contractor's shares fell nearly 3% as investors weigh a key international expansion against a recent earnings miss and cautious sector outlook.

PEDEVCO Dips on Q3 Loss as Focus Shifts to Post-Merger Growth
Energy
2mo ago

PEDEVCO Dips on Q3 Loss as Focus Shifts to Post-Merger Growth

Energy firm's 13% production dip and revenue miss are overshadowed by a transformative deal set to quadruple its daily output.

Oil Market Finds Footing as Asian Demand Absorbs Supply Glut
Energy
2mo ago

Oil Market Finds Footing as Asian Demand Absorbs Supply Glut

Robust purchasing from India and China provides a critical floor for crude prices, boosting major energy stocks despite record global production.

Energy Stocks Climb as US-Venezuela Tensions Fuel Oil Price Rally
Energy
2mo ago

Energy Stocks Climb as US-Venezuela Tensions Fuel Oil Price Rally

Crude benchmarks rise and energy sector ETFs gain as the arrival of a U.S. aircraft carrier in the Caribbean introduces a geopolitical risk premium to the market.

Oil Prices Climb as Ukrainian Strike Hits Major Russian Refinery
Energy
2mo ago

Oil Prices Climb as Ukrainian Strike Hits Major Russian Refinery

Attack on Rosneft's Samara facility is the latest in a campaign tightening global fuel markets and adding a geopolitical risk premium to crude.