Dow Jones Top Energy Headlines at 4 AM ET: BP's Oil Profits Surge as Fossil Fuel Pivot Continues With Plan to Offload U.S. Biogas Unit | Saudi ...
BP's Oil Profits Surge as Fossil Fuel Pivot Continues With Plan to Offload U.S. Biogas Unit
The British oil major intends to sell its Archaea biogas business as its oil trading and higher energy prices lifted profits.
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Saudi Aramco Profit Jumps 33% on Higher Oil Prices Amid Iran War
Elevated crude prices lifted earnings despite disruption in the Strait of Hormuz pushing sales volumes lower.
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Zach Dell Is Raising Money to Put a Battery in Your Backyard
Base Power, co-founded by Michael Dell's son, lands a $13 billion valuation as electricity demand and battery storage are booming.
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Global oil prices fall below $83 a barrel to hover at 3-week low after Trump calls off planned attack and says Iran talks to resume Monday
Oil prices declined sharply on Monday as hopes rose among investors of a potential de-escalation in the war between the U.S. and Iran.
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Trump Blasts Big Oil Companies for 'Making Too Much Money'
The president called out ExxonMobil and Chevron for record profits amid high oil prices.
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Diamondback Energy Lifts Production Guidance, Reports Surging Profit on High Oil Prices
The company benefited from the run-up in oil prices following the start of the war in Iran.
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TotalEnergies Sells Stake in European Renewable Assets to KKR
TotalEnergies said it agreed to sell a 50% stake in European onshore solar and wind assets to private-equity firm KKR.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, Origin Energy, Fluence and more in the latest Market Talks covering energy and utilities.
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OPEC, Allies Increase Oil Output for Sixth Time in a Row
The cartel nears the end of a cycle of production hikes, while potentially difficult talks over future quotas loom.
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U.A.E. Changes How It Prices Its Crude Oil Grades
The United Arab Emirates' state-oil company said that it will base its official selling prices on the prompt-month Platts Dubai benchmark starting from Nov. 1.
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Westinghouse Electric Files Confidentially for IPO
Nuclear technology and services supplier Westinghouse Electric has confidentially filed a draft registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock
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Big Oil Is Reaping Rewards From the Chaos in Energy Markets
ExxonMobil's earnings doubled and Chevron posted its highest quarterly earnings on record as energy prices soared during the prolonged closure of the Strait of Hormuz.
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BP Puts U.K. North Sea Business Up for Sale
The energy major said that it would market the business to potential buyers, paving the way to end oil production in its home country after 60 years.
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Eaton Stock Jumps on AI Relief After Earnings Beat
The electrical infrastructure supplier reported second-quarter earnings per share of $3.15, with sales of $8.5 billion. Wall Street was looking for EPS of $3.07 and sales of $8.2 billion.
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Chevron Earnings and Oil's 20% July Jump Are Great News for the Stock
Chevron is benefiting from higher oil prices while pursuing new growth opportunities in Iraq, Venezuela, Argentina, and power generation for AI data centers.
(END) Dow Jones Newswires
August 04, 2026 04:15 ET (08:15 GMT)
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