Caterpillar Shares Slide as Record $78.1 Billion Backlog Fails to Ease AI-Capex Concerns
Caterpillar reported sharply higher third-quarter earnings and a record order backlog Thursday, but its shares fell as investors focused on...
Caterpillar reported sharply higher third-quarter earnings and a record order backlog Thursday, but its shares fell as investors focused on...
Phillips 66 reported record third-quarter earnings of $5.6 billion as stronger refining margins and exceptionally high refinery utilization boosted profitability.
GE Vernova has agreed to acquire high-voltage grid-equipment manufacturer Trench Group from Triton Partners for $9 billion, making a major...
Equinor reported its strongest quarterly earnings in nearly four years as elevated oil and European natural-gas prices produced a major...
QatarEnergy has extended its force majeure on liquefied natural gas deliveries to Italy’s Edison through the end of December, prolonging...
Finnish engineering group Wärtsilä reported a sharp increase in third-quarter orders as data centers and other large electricity users drove...
Portugal’s Galp and Spain’s Moeve have ended negotiations over a proposed combination of their downstream businesses after months of discussions...
EQT has agreed to acquire Range Resources in an all-stock transaction worth roughly $13 billion, creating the largest U.S. natural...
Singapore and Saudi Arabia are moving toward a strategic crude-oil storage arrangement that would place Saudi supplies inside Singapore’s underground...
An offshore drilling rig operated by Borr Drilling sank off Gabon after losing stability during preload operations, prompting a search-and-rescue...