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News Highlights : Top Energy News of the Day - Wednesday at 12 AM ET

PG&E Nears Deal With KKR for Stake in Power Business Spinoff

The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power. ....

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News Highlights : Top Energy News of the Day - Wednesday at 7 AM ET

Oil Extends Losses on U.S. Inflation Concerns

Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting. ....

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News Highlights : Top Energy News of the Day - Tuesday at 4 AM ET

OMV Profit Tops Hopes, Keeps Outlook

OMV reported first-quarter profits ahead of forecasts despite revenue falling on lower gas prices, and backed its full-year production guidance.

Oil. ....

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News Highlights : Top Energy News of the Day - Tuesday at 12 AM ET

Oil Falls on U.S. Inflation Concerns

Oil prices traded lower in Europe after the latest U.S. data reinforced prospects of higher-for-longer interest rates, but signs of a tightening physical. ....

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News Highlights : Top Energy News of the Day - Tuesday at 7 AM ET

Oil Broadly Stable Amid Gaza Ceasefire Talks

Oil was broadly stable as fresh talks over a Gaza ceasefire reduced the risk premium for crude, and a tight market limited the price downside.

A. ....

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