Sinopec’s First-Half Net Profit Slid on Low Oil Prices
China’s biggest oil refiner, better known as Sinopec, attributed the weaker results to a sharp drop in international crude oil prices and the sluggish gross profit margin in the chemical market.
—-
Oil Adds to Gains on U.S. Inventories, Geopolitical Risk
Oil futures posted back-to-back gains with support from yesterday’s bigger-than-expected U.S. crude inventory draw, and lack of visible progress toward direct negotiations to end the Russia-Ukraine war.
—-
U.S. Natural Gas Advances on Small Inventory Build
U.S. natural gas futures snapped a three-day losing streak as the EIA reported a smaller-than-usual inventory build that reduced the storage surplus over the five-year average to 174 Bcf from 196 Bcf.
—-
Energy & Utilities Roundup: Market Talk
Find insight on oil futures, Ithaca Energy, Dialog and more in the latest Market Talks covering Energy and Utilities.
—-
U.S. Crude Oil Inventories Fall More Than Expected
Crude oil stocks decreased by 6 million barrels last week as imports fell and exports rose.
—-
NorthWestern Energy, Black Hills Set to Merge
NorthWestern Energy Group and Black Hills have agreed to combine to form a large $7.8 billion regulated electric and natural gas utility company at a time of climbing energy demand across the U.S.
—-
Woodside Wants to Sell 20%-30% of Louisiana LNG Holding Company
Woodside Energy could retain as much as 80% of the holding company for its $17.5 billion Louisiana LNG project in the U.S. as it progresses talks with potential partners.
—-
What’s Next for Trump and Ukraine? A Call to Putin and Specific Security Guarantees
President Donald Trump and Ukraine President Volodymyr Zelensky answered reporters questions in the Oval Office Monday. Here’s what comes next.
—-
European Renewable Stocks Rise After U.S. Tax Guidance
The shares rose after the U.S. published better-than-expected guidelines on which projects will qualify for wind and solar tax credits.
—-
National Grid to Sell LNG Terminal to Centrica Consortium in $2 Billion Deal
Grain LNG comprises two National Grid subsidiaries which own and operate the U.K.’s largest liquefied natural gas import terminal under-long term contracts.
—-
RWE Sticks to Full-Year Guidance After Earnings Decline
Weak trading, as well as unfavorable weather conditions that hampered wind production, contributed to the decline in earnings.
—-
Nuclear Power Is Having a Pop Culture Moment
Atomic energy has attracted influencers, spawned merch and even made a cameo on ESPN’s ‘College GameDay.’
(END) Dow Jones Newswires
August 21, 2025 16:15 ET (20:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.