BP Agrees to Sell Majority of Castrol Lubricants Unit to Stonepeak
The deal values Castrol at $8 billion and represents one of BP’s biggest moves to revive its fortunes after an ill-timed turn toward renewable energy.
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Trump stops offshore wind projects. ‘The pause could last weeks to months,’ analysts warn.
“While we believe these latest pauses will be challenged in court, we expect refreshed concerns around the projects,” other analysts say.
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U.S. Targeting Oil Tankers in Bid to Stymie Global Black Market
Trump administration is aiming to interrupt a shadow fleet of tankers that supply sanctioned oil to several U.S. adversaries.
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Dominion Energy Stock Drops as Trump Administration Pauses Work at Offshore Wind Farms
Dominion’s offshore wind farm in Virginia is one of five leases on pause so the Trump administration can assess national security concerns.
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Energy & Utilities Roundup: Market Talk
Find insight on Seatrium and oil futures in the latest Market Talks covering energy and utilities.
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Trump Administration Halts All Offshore Wind Projects
The Interior Department cited “national security risks” as it paused federal leases for five projects in the works from Massachusetts to Virginia.
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Unloved Energy Bet Is Set to Become Most Profitable Private-Equity Deal Ever
Energy Capital Partners’ investment in Calpine will earn the firm and its co-investors more than $25 billion, according to people familiar with the matter.
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Harbour Energy Pushes Into U.S. With $3.2 Billion Deal for LLOG Exploration
The expansion into the U.S. is part of the U.K. oil-and-gas producer’s strategy to bulk up its operations through dealmaking.
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How Chevron Secured Its Place as Venezuela’s Largest Foreign Investor
The U.S. oil company and President Trump agree that opportunity abounds in the Latin American country.
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U.S. Coast Guard Chasing Another Tanker Involved in Shipping Venezuela Oil
The operation comes as the administration carries out Trump’s order to blockade Venezuela’s oil shipments.
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U.S. Seizes Second Oil Tanker Near Venezuela
The move ramps up pressure on Caracas after Trump declared a blockade on sanctioned ships moving its oil.
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PosiGen Faces Creditor Doubt Over Its Ability to Manage Funds
The residential solar installer is facing creditor challenges to its efforts to restructure in chapter 11 after the company’s outside advisers found it had double-pledged assets as collateral and commingled what should have been segregated funds.
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BP’s New CEO Is an American Defender of Oil and Gas
Former Exxon executive Meg O’Neill is set to become the first woman to lead an oil major.
(END) Dow Jones Newswires
December 24, 2025 04:15 ET (09:15 GMT)
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