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

Dow Jones
11 Mar
 
Oil Remains Under Pressure Amid Economic, Tariff Concerns 
 

Oil edged higher but remained under significant pressure, as fears of escalating trade tensions and OPEC+'s plans to start raising output weighed on sentiment.

 
Clean-Energy Stocks Are Jumping as S&P 500 Dropped 
 

Stocks of Enphase Energy, AES, and Nextera Energy gained ground. The industry has lagged behind the market for the past two years.

 
Energy Chief Pushes for Natural Gas Pipelines, Exports. Oil Slumps on Tariff Threat. 
 

Chris Wright also signed a permit extension for a natural gas export terminal in Louisiana.

 
Ontario Confirms 25% Surcharge on Electricity Shipped to U.S. 
 

The Canadian province of Ontario officially imposed a 25% surcharge on all its electricity exports to the U.S., which officials say will affect 1.5 million households and businesses in Michigan, Minnesota and New York.

 
Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal 
 

Whitecap Resources and Veren have agreed to combine their companies in $10.44 billion deal that will enlarge their Alberta oil and gas footprint.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on Occidental Petroleum, BP and more in the latest Market Talks covering energy and utilities.

 
Eneos Plans $3 Billion IPO of Metals Subsidiary 
 

The Tokyo-based energy giant said that it plans to offer a majority of shares in the wholly owned subsidiary, JX Advanced Metals, in the offering that would raise as much as 438.6 billion yen, equivalent to $2.96 billion.

 
Nearly Half of Energy Executives Think We Won't Reach Net Zero Until 2070 
 

Rising capital project costs and a lack of optimism around ESG are pushing back environmental goals, according to a survey of industry leaders from across oil and gas, utilities, chemicals, mining, and agribusiness.

 
Harbour Energy Shares Sink to Record Low After Profit Hit by U.K. Windfall Tax 
 

The oil-and-gas producer swung to a loss in 2024 as the energy profits levy continued to drag on results and its CEO described the U.K. as a difficult fiscal and regulatory environment in which to operate.

 
Sunnova Bondholders Engage Advisers Following KKR Deal, Going-Concern Warning 
 

A group of bondholders in Sunnova Energy International has organized and hired legal counsel after the rooftop solar panel company issued a going concern notice and said it raised financing from KKR.

 
 

(END) Dow Jones Newswires

March 11, 2025 07:00 ET (11:00 GMT)

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