Avi Salzman

Oil drillers are becoming increasingly efficient as new technology takes hold. Why oil country is quieter than it used to be.

Core Scientific went from bankruptcy to stock market darling with its two bets. Still, it likes data centers more.

It has been a particularly cold start to winter in central and northern Europe, and people have been using a lot of natural gas to heat their homes. The winter chill has boosted the price of natural gas in recent weeks. Prices haven’t quite reached the stratospheric levels they hit after Russia invaded Ukraine in 2022, but they’ve risen enough to lift the stocks of companies involved in selling liquefied natural gas.

Chevron’s 2025 capital budget is about $2 billion less than its expected 2024 budget, as energy companies prioritize cash flow over production growth.

Louisiana utility Entergy has already submitted plans to build three natural gas plants that can serve the data center campus with 2.2 gigawatts of capacity.

The oil major’s big investment plans come at a time when most analysts expect oil prices to fall next year.

Exxon Mobil stock has outperformed all of its Big Oil competitors over the past five years. Look for that to continue.

In This Article XOM Exxon Mobil stock has outperformed all of its Big Oil competitors over the past five years. Look for that to continue.

For 10 straight days through Friday, more stocks in the S&P 500 fell than rose, the longest such streak since 2000.

The International Energy Agency expects Chinese oil demand to grow by just 140,000 barrels a day in 2024, versus 1.4 million barrels in 2023.