Saudis Showcase Technology in Bid to Woo Business Leaders
Continue Reading Below
Saudi Arabia this week set out to dazzle the world's business elite, who welcomed signs that an insular kingdom is opening up even though some expressed skepticism the monarchy could accomplish the grand goals it set out.
Oil Edges Down After Strong Advance
Oil prices gave up some recent gains, as investors put the brakes on Brent crude's upward march to the elusive $60-a-barrel mark.
Natural Gas Falls as Inventories Rise as Expected
Natural-gas prices settled lower Thursday as U.S. data showed that stockpiles rose last week in line with analyst expectations
Continue Reading Below
Big Oil's Suddenly Popular Measure for Success: Break-Even Oil Price
Investors are watching the once-obscure figure at which companies say they can sell oil for a profit, seeking assurance that they will continue paying dividends despite low energy prices.
Scana Profit Pressured by Failed Nuclear Plant Project
Utility holding company Scana Corp. saw its profit plunge during its latest quarter, pressured by a $210 million impairment charge linked to a failed nuclear power plant project.
Vistra Energy Nears Deal to Buy Dynegy
Vistra Energy and Dynegy, two big independent power producers, are in advanced talks to combine and could announce a deal as soon as next week.
Saudi Arabia, Russia Want Oil Output Limits Through 2018
Top oil producers Saudi Arabia and Russia want to extend their agreement to limit petroleum production until the end of 2018 in their continuing effort to cut the global oil oversupply, people familiar with the matter said.
South Korean Opposition Leader Presses U.S. for Nuclear Weapons
The head of South Korea's conservative opposition party is urging the Trump administration to redeploy tactical nuclear weapons to South Korea to help counter threats from North Korea and change the dynamics on the peninsula.
Judge Rules Peabody Energy Bankruptcy Blocks Global-Warming Lawsuits
A judge ruled Peabody Energy is protected by its recent bankruptcy from global-warming lawsuits brought by California coastal communities against fossil-fuel companies.
Emergency Manager to Be Installed at Puerto Rico Power Utility
Federal officials supervising Puerto Rico's finances are installing an emergency manager at the island's public electricity utility, an attempt to course-correct a disaster response that has come under congressional scrutiny.
(END) Dow Jones Newswires
October 27, 2017 07:15 ET (11:15 GMT)