Energy

Weary of poor shale returns, investors seek better results from startups focused on battery storage and other emerging technologies.

The Dow and S&P 500 slipped after jobless claims jumped sharply last week, though energy shares rallied.

Thursday’s advance continues a monthslong rebound from oil’s April lows around $19 a barrel during global economic shutdowns.

Superior Energy became the latest oil and gas drilling services company to file for chapter 11, while J.C. Penney said it is exiting bankruptcy and has closed a deal to sell its operations to mall owners. The  Small Business Administraion took issue with Astria Health’s restructuring plan.

The downturn in the oil markets isn’t all bad news for pipeline operators.

Denmark is to end all new oil-and-gas exploration, in one of the most drastic moves by a crude-producing nation to curb carbon emissions.

The agreement ends a standoff over oil policy between the two sides, promising a modest boost to global supplies as oil markets tighten.

OPEC put off its decision about whether to extend oil output cuts until Thursday, when the cartel plans to meet with Russian-led producers.

By some measures, the coronavirus pandemic hit the energy industry harder than any other major segment of the U.S. economy, and while crude prices have staged a rally recently, the sector is still going through one of the most brutal years in its history.

OPEC and its Russia-led partners are leaning toward extending oil production cuts for another two to three months, according to officials familiar with the discussions, a move they hope will keep markets tight even as prices start to recover.

The energy supplier is trying to sell its portfolio of LNG supply contracts and other assets, according to people familiar with the matter, as it seeks to simplify its operations amid volatile LNG prices.

An investigation into the troubled Chinese state-owned Yongcheng Coal & Electricity Holding Group was escalated to the country’s securities regulator.

The best-performing big oil stock this year is one roundly rejected by global investors: Saudi Aramco. Most of the credit belongs with its shareholders rather than its management.

Patti Poppe, who has led an ambitious effort to retire coal-fired power plants at CMS Energy, will take the helm at a challenging time for PG&E.

The financial position of the world’s largest oil producer has darkened as it contends with a fall in crude prices caused by the coronavirus pandemic.

The effects of Covid-19 mean that Joe Biden’s foreign policy, not domestic energy policy, might prove more impactful for U.S. energy companies in the near future.

Global oil markets may have rallied on the latest positive vaccine trial results, but they are unlikely to feel any significant economic benefits until well into next year, the IEA said.

The essayist behind “No One Asked for This” on her hatred of shopping and a (potentially life-changing) Ralph Lauren sweater she swiped from a friend.

For the first time since March, there are silver linings to be found in the oil-demand outlook.