BHP to Sell Controlling Stake in Two Coal Mines for Up to $1.35 Billion
ADELAIDE, Australia— BHP Group Ltd. said it would sell its controlling interest in two metallurgical coal mines to Stanmore Resources...
Energy
Wind Manufacturers Blown Off Course
Wind turbine makers continue to struggle due to supply-chain woes and uncertainty over the future of federal tax credits, so...
WSJ News Exclusive | Rivian Automotive Targets IPO Valuation Just Above $60 Billion
Rivian Automotive Inc. is seeking a valuation in a range just above $60 billion in its initial public offering next...
Carbon Offsets Are Used by Companies Seeking ‘Net Zero,’ but Concerns Persist
Companies are snapping up carbon offsets, but the patchwork of informal markets serving that appetite lack consistent standards and oversight,...
California Scrambles to Find Electricity to Offset Plant Closures
California is racing to secure large amounts of power in the next few years to make up for the impending...
Oil Prices Have Topped $80. But Don’t Expect a Spending Bonanza from Shale Drillers
Shale companies are on track to spend a little more money pumping oil next year, but most aren’t opening up...
Iraqi Lawmakers Call for Probe Into GE, Siemens Electricity Contracts
Members of an Iraqi parliamentary commission are calling for an investigation into large power-generation contracts struck with General Electric Co....
Summer Road Trips, Falling Crude Prices Pump Up Refiners’ Profits
Summer road trips and a pullback in crude prices have pumped up refineries’ profits, offering brighter prospects for one part...
BHP Considers Sale of $15 Billion-Valued Petroleum Business
SYDNEY— BHP Group Ltd. , the world’s biggest mining company, said it is considering the sale of its petroleum business,...
Analysis: Oil companies are facing the moment of truth. The stakes couldn’t be higher
One group is made up of European oil giants like BP (BP), Shell (RDSA) and Total (TOT), which are trying...
