Dow Jones Top Energy Headlines at 4 AM ET: Senate Megabill Stuns the Clean Energy Industry With New Tax on Wind and Solar | The …

Senate Megabill Stuns the Clean Energy Industry With New Tax on Wind and Solar

Elon Musk calls the Senate’s latest version of the spending bill ‘utterly insane and destructive.’

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The Oil Tycoon and the Philosopher Threatening Big Oil’s Bet on Carbon Capture

The fraught politics of carbon capture are dividing the oil industry.

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Oil Posts Weekly Loss As Geopolitical Premium Evaporates

The Israel-Iran cease-fire and avoidance of supply disruptions took much of the geopolitical risk premium out of the price.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, Canada’s economy, Medco Energi Internasional, and more in the latest Market Talks covering Energy and Utilities.

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Shell in Early Talks to Acquire Rival BP

A deal would be a landmark combination of two supermajor oil companies. Shell issued a formal stock exchange denial of takeover talks.

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Trump Goes to Bat for Big Oil on Climate Rules in EU Trade Talks

The administration is targeting key EU greenhouse-gas regulations in trade negotiations with Europe.

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Equinor and Partners to Invest Over $2 Billion in North Sea Oil and Gas Project

The energy major said the new subsea development at Farm Sor will mean more oil and gas can be supplied to Europe, bolstering energy security.

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I Grilled Steaks to Explain the Mysterious Energy Suck of AI

From your laptop to a loud GPU cluster, AI prompts are a mysterious energy drain. Our columnist attempted to trace their journey-and their impact.

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AB Foods Plans to Close Northern England Biofuel Plant After U.S.-U.K. Trade Deal

The company said the commercial viability of Vivergo had been further undermined by the U.K.’s trade deal with the U.S., which allowed tariff-free U.S. ethanol into the U.K.

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Iberdrola Names U.S. Business Head Pedro Azagra as New Group CEO

The Spanish utility appoints a company veteran at the helm who most recently led its U.S. business Avangrid.

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U.S. Crude Oil Stockpiles Fall More Than Expected

U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations for a drop of only 1.3 million barrels.

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Gas Prices Are Down for Summer Driving Season Despite Middle East Turmoil

Low energy prices have helped keep inflation in check this year.

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Nuclear Power’s Biggest IPO in Years Is on the Way

Holtec CEO says the plan is to go public within several months. The IPO may be coming at just the right time.

(END) Dow Jones Newswires

June 30, 2025 04:15 ET (08:15 GMT)

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