Oil Falls Despite Geopolitical Tensions
Crude futures eased lower as concerns over the macroeconomic outlook and global oil demand offset the impact of geopolitical tensions in Russia and the Middle East.
Exxon Sues Two ESG Investors
The oil giant says Arjuna Capital and Follow This want Exxon's oil-and-gas business to shrink, putting them at odds with shareholders.
First Solar Buys Peloton's Ohio-Based Manufacturing Facility
The solar-technology company said it acquired the plant that wound down amid declining demand for Peloton's bikes and treadmills.
SLB Tops Earnings Estimates and Boosts Dividend. International Growth Is Strong.
The oil services provider posts adjusted earnings of 86 cents a share, beating analysts' forecasts by 2 cents.
The Multibillion-Dollar Clean Energy Bet Gone Wrong
Offshore wind turbines are proving too risky for many utilities.
U.S. Crude-Oil Inventories Fall More Than Expected
Crude-oil stockpiles declined by a greater-than-expected 2.5 million barrels last week, while supplies of gasoline and diesel continued to rise, government data showed.
Oil-Demand Growth Slowdown Marks Return to Prepandemic Trends
Global oil-demand growth slowed significantly at the end of last year and is expected to weaken further, marking a return to prepandemic trends, according to the IEA.
China Goes All In on Green Industry to Jolt Ailing Economy
Capital is pouring into factories that make items such as electric vehicles, batteries and renewable-energy gear as Beijing looks for new sources of growth.
Eaton Names Johnson Controls Finance Chief as Next CFO
Olivier Leonetti will join the power management company on Feb. 5, succeeding Thomas Okray, who is leaving for personal reasons.
OPEC Expects Global Oil Demand to Slow in 2025
OPEC said it expects global oil demand to slow next year, even as it raised its economic forecast as easing inflation spurs global growth.
(END) Dow Jones Newswires
01-22-24 0715ET
