Jaguar Land Rover is the latest major European automaker to confront the structural pressures of high energy costs, climate mandates, Chinese competition, and expensive domestic production. On 13 November 2026, its parent Tata Motors Passenger Vehicles reported an unexpected consolidated net loss of ₹5,531 crore (approximately $587 million) for the second quarter of FY27. Analysts […]
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Kyuden Energy Partners and Homer City Generation announced a long-term operations-and-maintenance agreement today, according to a company release provided to Energy News Beat. The full wire had not been posted as of this writing. The 4.4-gigawatt campus is under construction in Indiana County, Pa., on the site of a retired coal plant, with first power […]
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A $480 million Energy Dominance Financing loan will modernize Arena Energy platforms off Louisiana. Peak output is projected at up to 38,600 barrels a day — a real add, not a price mover. Secretary Wright told Fox Business it will lower pump prices. Today’s first sub-$4 national average since July has other causes. By Energy […]
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The Nasdaq 100 fell more than 6 percent on Thursday morning. Wall Street is pointing to both Democratic wins and chipmaker earnings. Here is what moved on the election and what did not, what Texas Governor-elect Gina Hinojosa can actually do, whether public pensions are really dumping AI stocks, and who ends up paying for […]
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The country’s largest refiner earned more than five times what it made a year ago. Here is what a $45.70-a-barrel margin looks like on the sign at your gas station. By Energy News Beat | Nov. 3, 2026 If you filled up this summer and wondered where the money went, Marathon Petroleum just showed you […]
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Downstream produced 49.7% of Chevron’s third-quarter earnings on 7.8% of its capital spending. The refineries ran at 98% of capacity to do it, and nobody will say what the maintenance bill is. By Energy News Beat | Oct. 30, 2026 | Chevron Q3 2026 earnings release, read Oct. 30, 2026; EIA monthly data through August […]
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ExxonMobil made $7.169 billion refining and $7.088 billion pumping oil in the third quarter, the first time in at least six years the refineries won, with its Gulf Coast crude units at 100%. What it costs to keep them there is the one number neither ExxonMobil nor Chevron will publish. By Energy News Beat | […]
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Virginia’s State Corporation Commission (SCC) is set to scrutinize NextEra Energy’s proposed roughly $67 billion all-stock acquisition of Dominion Energy in an evidentiary hearing beginning November 17, with a decision deadline in mid-January 2027. The deal, announced in May 2026, would create one of the largest regulated U.S. electric utilities, serving about 10 million customer […]
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Refining profit nearly doubled to $6.06 billion on 98% utilization and a third-quarter record 41% distillate yield. Record output is the good news. The margin is the warning. By Energy News Beat | Oct. 28, 2026 Company results from Phillips 66’s Form 8-K, Exhibit 99.1, filed Oct. 28, 2026; diesel, utilization and capacity data from […]
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Exxon, Chevron, Shell and BP report this week. Crude slipped last quarter, but diesel did not. Refiners’ margins roughly tripled from a year ago, and EIA data show refining now takes a bigger slice of every gallon you buy. By Energy News Beat. AAA prices read Oct. 27, 2026, 6:57 a.m. CT; EIA data checked […]
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