Dow Jones Top Energy Headlines at 4 PM ET: Google Signs Deal to Buy Fusion Energy From Bill Gates-Backed Nuclear Startup | Wall …

view original post

Google Signs Deal to Buy Fusion Energy From Bill Gates-Backed Nuclear Startup

The tech giant is betting that Commonwealth Fusion Systems could start producing fusion power next decade.

—-

Wall Street Banks Nudge Oil Price Forecast Higher But Outlook Stays Bearish

Major Wall Street banks modestly lifted their oil-price forecasts after geopolitical risks flared in the Middle East, but concerns over a global supply glut and uncertain demand prospects continue to weigh on crude.

—-

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.’

—-

Oil Futures Snap Winning Streak on OPEC+ Outlook

Oil futures retreated after three straight sessions of gains, ending both the month and the quarter lower. WTI settled down 0.6% at $65.11.

—-

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.

—-

Energy & Utilities Roundup: Market Talk

Find insight on Star Petroleum Refining, SK Innovation and more in the latest Market Talks covering Energy and Utilities.

—-

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.

—-

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.

—-

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.

—-

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.

—-

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.

—-

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.


(END) Dow Jones Newswires

June 30, 2025 16:15 ET (20:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.