Chevron, Workers Back Brokered Deal to End LNG Strikes—Update

[ad_1] U.S. energy giant Chevron and workers at two of its large natural-gas operations in Australia have backed a recommendation from Australia’s workplace arbiter to end strikes affecting plants that…

KKR to Invest Another $250M in Reliance’s Retail Unit

[ad_1] Private-equity firm KKR plans to invest an additional $250 million to boost its stake in the retail unit of the conglomerate Reliance Industries. [ad_2] Source link

Energy Stocks Are Back in the Market’s Driver’s Seat

[ad_1] Oil prices are at their highest level this year. [ad_2] Source link

Saudi Cuts Send World Diesel Prices Soaring

[ad_1] One corner of the global energy market is getting especially squeezed by Saudi Arabia and Russia’s oil-production cuts: diesel. [ad_2] Source link

Sinopec First-Half Net Fell on Weak Demand

[ad_1] The company attributed a decline in revenue to lower prices for crude oil, refined oil products and chemical products and lower sales volume of petrochemical products. [ad_2] Source link

Woodside Energy CEO Upbeat About Resolving Labor Dispute

[ad_1] Woodside Energy is making good progress toward resolving a labor dispute in Australia that has jolted natural gas markets worldwide, Chief Executive Meg O’Neill said. [ad_2] Source link

Origin Energy Returns to Annual Profit

[ad_1] Origin Energy returned to an annual profit as prices of liquefied natural gas stayed strong and the performance of its Energy Markets unit improved, illustrating why a consortium led…

Texas Sues Shell Over Massive Fire at Houston Chemical Plant

[ad_1] State officials allege that the multiday fire caused ‘mass quantities’ of airborne contaminants and illegal flows of wastewater into nearby waterways. [ad_2] Source link

Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.

[ad_1] Listen to article (2 minutes) In 2020, Carl Icahn tapped his son, Brett, to eventually take over his eponymous investment empire, whose value had surged after years of successfully…

Natural-Gas Prices Soar on Australian Labor Dispute

[ad_1] Most of Australia’s supply is committed to Asia, so a sudden drop in LNG exports could push European and Asian buyers into a bidding war for gas from elsewhere,…