Trump Reverses Course on Venezuela, Revoking Chevron Oil License 
 

The move appears to end the U.S. company's work in the oil-rich country and was prompted by what President Trump said was strongman Nicolás Maduro's failure to accept deportees.

 
Engie Lifts Guidance After Earnings Beat Forecasts 
 

The utility now expects net recurring profit between EUR4.4 billion and EUR5 billion this year, from a range of EUR3.9 billion and EUR4.5 billion previously.

 
Veolia Increases Dividend, Expects Another Year of Earnings Growth 
 

Full-year current net profit rose 15% and the company said it would propose a dividend of EUR1.40 a share for 2024, up from EUR1.25.

 
Eni Earnings Miss Views as Weaker Oil Drags on Results 
 

Italian energy major Eni reported a sequential fall in earnings, which also missed consensus expectations, as weaker oil prices impacted its fourth-quarter results.

 
AI's power demands spark new joint GE Vernova-NRG electricity plant project 
 

NRG flags need for new partnerships to fuel power development.

 
Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine 
 

Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia's war against Ukraine that could lift sanctions on Moscow prompting prices to hold ground at their lowest levels of the year.

 
BP to Slash Green Spending, Pivot Back to Oil 
 

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.

 
U.S. Crude Oil Stockpiles Fall 
 

U.S. crude oil inventories fell last week, while gasoline and distillate fuel stocks increased as refineries stepped up their capacity use, according to EIA data.

 
Biofuel Woes Idle Private Equity-Backed Renewable-Diesel Refinery 
 

Restarting the Braya Renewable Fuels plant backed by Cresta Fund Management and Energy Capital Partners relies on greater regulatory clarity.

 
Buffett Played Hardball in Buying Utility Stake From Partner's Estate 
 

Buffett repurchased a director's stake in a large utility unity for $3.9 billion in cash and stock.

(END) Dow Jones Newswires

February 27, 2025 04:00 ET (09:00 GMT)

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