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BP plans to cut at least $2 billion in costs after its profit was hit by lower oil and gas prices and an outage at a U.S. refinery.
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Chevron to sell off its remaining North Sea oil and gas fields
US company denies decision is linked to UK’s 35% windfall tax on North Sea producers. Chevron is preparing to call time on more than five decades in the North Sea with a plan to sell its remaining oil and gas fields in the ageing oil basin.. The ...The Guardian - World -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
European utilities cut renewable targets as high costs and low power prices bite
Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuelsFinancial Times - Business -
Lula Pushes New Petrobras CEO to Boost Refinery, Gas Investments
Yahoo News - World -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Oil scores weekly gains, with U.S. prices ending above $80 for first time this month
Oil futures climbed Friday, contributing to gains for the week and prompting U.S. benchmark prices to settle above $80 a barrel for the first time this month, as some economic data from the U.S. and China raised hopes for stronger crude demand.MarketWatch - Business -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - World -
At least 20 U.S. medics trapped in Gaza after Israel closes Rafah crossing
A group of American doctors who are stuck in Gaza say they were scheduled to leave Monday, but were told there was no longer a safe way out. CBS News foreign correspondent Imtiaz Tyab reports.CBS News - Top stories - Israel -
Eye Opener: Severe storm in Texas kills at least 7 people, caused major power outages
Severe storm in Houston, Texas kills at least seven people and caused power outages that could last for weeks. Also, North Korea launched short range ballistic missiles toward the sea of Japan. All that and all that matters in today’s Eye Opener.CBS News - Top stories
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The Workers Defeat the UAW in Alabama
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Iran Says Helicopter Carrying Its President Is Missing After Crash
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The Big Decision Before the Trump Verdict
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