Tesla's Downsizing Worries Supercharger Industry 

Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network.

Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels 

Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.

U.S. Crude Oil Inventories Post Big Build Amid Lower Refinery Runs 

Commercial crude oil stockpiles rose by 7.3 million barrels last week, after analysts had predicted a 1.5 million barrel decrease.

BP Goes Deeper Into Gulf of Mexico, After Triumphs and Tragedy 

While rivals bank on big new plays in Guyana and Namibia, the new BP CEO is focused on heartland waters off the coast of Louisiana and Texas.

Energy & Utilities Roundup: Market Talk 

Gain insight on Cenovus Energy, Cameco, Origin Energy and more in the latest Market Talks covering Energy and Utilities.

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 generation business.

A Massive U.S. Nuclear Plant Is Finally Complete. It Might Be the Last of Its Kind. 

Cost overruns and delays at Southern Co.'s Plant Vogtle pushed U.S. nuclear power in a different direction.

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.

PetroChina's Net Profit Rose on Higher Sales 

PetroChina's net profit and revenue rose, primarily due to a rise in sales volume for the Chinese state-controlled oil company's oil and gas products.

In America's Biggest Oil Field, the Ground Is Swelling and Buckling 

Land has subsided by as much as 11 inches since 2015 in a prime portion of the Permian Basin, as drillers extract huge amounts of oil and water, according to a Wall Street Journal analysis of satellite data.

(END) Dow Jones Newswires

05-01-24 1615ET