Oil Edges Lower Amid Stronger U.S. Dollar, Inflation Jitters 
 

Oil prices were slightly lower on a stronger dollar and as traders remained on edge ahead of U.S. inflation data and OPEC+'s meeting later this week.


 
A New Way to Make Solar Panels Cheaper Outside China 
 

The biggest investor in U.S. solar manufacturing is embracing a new technology that reduces the cost of producing the panels.


 
Brookfield in Talks for $6.59 Billion Deal for France's Neoen 
 

Brookfield Asset Management is in talks to acquire France's Neoen in a deal that values the renewable-power producer's equity at $6.59 billion.


 
ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal 
 

The deal allows ConocoPhillips to expand its presence in several key U.S. shale basins including in Texas and North Dakota.


 
Exxon Wins Board Vote by Wide Margin 
 

The company's 12 directors were reelected by an average of 95% of shareholders.


 
Storms Again Strike Texas, Leaving Hundreds of Thousands Without Power 
 

Strong winds, rain and hail hit the state, following a spate of deadly weather events in May.


 
Energy Transfer to pay more than $3 billion to expand its Permian pipeline 
 

Energy Transfer announced an agreement to buy WTG Midstream Holdings LLC in a cash-and-stock deal valued at about $3.25 billion.


 
Hess Shareholders Give Approval to $53 Billion Merger With Chevron 
 

Investors' green light cleared one hurdle for the tie-up to happen but a challenge by Exxon makes the final outcome uncertain.


 
Saudi Arabia to Raise $10 Billion to $20 Billion in Fresh Aramco Stock Sale 
 

The long-awaited offering, if it proceeds, would alleviate near-term pressure on the kingdom to raise funds.


 
 Ex-Pioneer CEO Says FTC Used Him as 'Scapegoat' in Exxon Deal 
 

Scott Sheffield says the antitrust enforcer smeared him with collusion allegations when it blocked him from Exxon's board.


(END) Dow Jones Newswires

05-30-24 0715ET