Energy & Utilities Roundup: Market Talk
Find insight on Harbour Energy, Eneos Holdings, China National Offshore Oil Corporation and more in the latest Market Talks covering Energy and Utilities.
----
The $2 Billion Brawl Over a Ruinous Wood-Pellet Trade
Creditors say Enviva's former C-suite blew up the once-highflying green-energy company by chasing bonus targets.
----
Enbridge Forms $1.95 Billion Joint Venture to Expand British Columbia Pipeline
Enbridge has partnered with private equity companies KKR and Apollo Global Management to fund a 2.7 billion Canadian dollar, or $1.95 billion, expansion of its natural gas pipeline system in British Columbia.
----
The US Army Is Driving the Next Big Breakthrough in Nuclear Power
The U.S. Army selected five companies to build nuclear microreactors at military bases, with the first one switching on as soon as September 2028.
----
Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening
Prices fell for a third straight day after Iran and Oman discussed measures to temporarily reopen the strait.
----
An Oil Catastrophe Was Averted in 2026. What If It Comes in 2027?
Two fund managers with a strong track record of contrarian commodity calls think the oil spike is yet to come. Here's how they're preparing.
----
Siemens Energy Plans to Spin Off Transformation of Industry Unit
The company said it could bring in external investors or undertake a potential capital markets transaction, and plans to deconsolidate the business while maintaining a minority stake.
----
U.S. Squeezes Iran but Avoids Targeting Its Biggest Lifeline: China
Washington's fresh campaign to economically isolate Tehran stopped short of directly penalizing the country that has enabled Iran to withstand years of American pressure.
----
Woodside Puts 'Everything on the Table' in Review of Beaumont Facility
Chief Executive Liz Westcott said the review reflected a shift in international policy positions and slack demand for lower carbon ammonia.
----
Bessent's sweeping sanctions against Iran send oil prices to their biggest drop in 3 weeks, while fueling hopes of de-escalation
What matters more for oil prices is how hard U.S. sanctions hit China, Iran's biggest oil buyer, and whether Beijing pushes back.
----
Nancy Pelosi Discloses Big Investment in AI Energy Play
A disclosure form, signed by the former House speaker on Aug. 21, showed purchases of 15,000 shares of Bloom Energy and 200 call options.
----
U.S. Says Oil Is Pouring Through Hormuz. Trackers Can't Find It.
Firms that count ships, oil output and imports aren't able to verify U.S. claims about the volume of oil getting through Iran's chokehold.
----
The Tiny California Company Racing Into Venezuela Faster Than Big Oil
Pacific Coast's grab at some of the first assets made available under the interim government has spurred complaints from a local business dynasty.