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DALLAS - TX SEPTEMBER 7 : Portrait of Kneeland Youngblood. Taken inside of His Office at Pharos Capital Group LLC Thursday , September 7th. Credit: Zerb Mellish for The Wall Street Journal

A Descendant of Freed Slaves, Financier Pursues Family’s $900 Million Oil Claim

Kneeland Youngblood alleges his family was deprived of the riches from oil-soaked land and is suing ConocoPhillips.

Benoît Morenne

| Photographs by Zerb Mellish for The Wall Street Journal

20 hours ago

8 min read

FILE - The five turbines of America's first offshore wind farm, owned by the Danish company, Orsted, are seen from a tour boat flying the American flag off the coast of Block Island, R.I., Oct. 17, 2022. The cancellation of two large offshore wind projects in New Jersey is the latest in a series of setbacks for the nascent U.S. offshore wind industry, jeopardizing President Joe Biden's goal of powering 10 million homes by towering ocean-based turbines by the end of the decade. (AP Photo/David Goldman, File)

How the U.S. Market Went Sideways for a Wind-Power Giant

Ørsted’s pullback from East Coast wind farms left the region scrambling.

David Uberti

and

Joe Wallace

November 20, 2023

6 min read

Dump trucks operate in an open pit at Glencore Plc's Bulga Coal operations in this aerial photograph taken near Singleton, Australia, on Saturday, Oct. 3, 2015. The slowdown across global economies is exacerbating a coal glut that's driven prices for the fuel to the lowest level in eight years, according to Glencore Plc. Photographer: Brendon Thorne/Bloomberg

This Coal Giant Now Wants to Get Out of Coal

Glencore has set in motion a plan to quit coal, leaving it to focus on green metals.

Julie Steinberg

November 19, 2023

5 min read

FILE PHOTO: Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. Picture taken August 21, 2019. REUTERS/Jessica Lutz/File Photo

U.S. Crude-Oil Inventories Rise by 3.6 Million Barrels

U.S. oil inventories increased by 3.6 million barrels in the week ended Nov. 10, above forecasts calling for a rise of 800,000 barrels.

Anthony Harrup

November 15, 2023

1 min read

Signage at the Glencore Plc headquarters in Zug, Switzerland, on Tuesday, March 7, 2023. Glencore boss Gary Nagle said his company is the cheapest way to buy exposure to a coming copper boom as he predicted a renewed spree of dealmaking in the mining industry. Photographer: Jose Cendon/Bloomberg

Glencore-Led Group to Buy Teck’s Coal Business

The deal, which values the business at around $9 billion, would cap a lengthy saga and be one of the biggest in mining this year.

Julie Steinberg

and

Ben Dummett

November 14, 2023

3 min read

A Descendant of Freed Slaves, Financier Pursues Family’s $900 Million Oil Claim

20 hours ago

8 min read

OpenAI CEO Sam Altman at the company's office in San Francisco, Calif. on March 16.

Behind the Scenes of Sam Altman’s Wild Ouster From OpenAI

8 hours ago

Long read

Detroit, MI - September 13, 2023: Attendees check out an electric Ford Mustang Mach-E at the 2023 International Auto Show on media day. CREDIT: Nick Hagen for The Wall Street Journal

Ford Downsizes Plan for Michigan Battery Factory, Citing Slower EV Demand

15 hours ago

3 min read

A Cruise self-driving car stalls at an intersection in the Mission District, San Francisco, CA on Tuesday, July 25, 2023.

GM’s Self-Driving Car Unit Skids Off Course

November 20, 2023

Long read

Virtual Credit Cards: What Are They and Should You Use Them?

November 21, 2023

6 min read

Energy & Oil

Latest News

A Descendant of Freed Slaves, Financier Pursues Family’s $900 Million Oil Claim

How the U.S. Market Went Sideways for a Wind-Power Giant

This Coal Giant Now Wants to Get Out of Coal

U.S. Crude-Oil Inventories Rise by 3.6 Million Barrels

Glencore-Led Group to Buy Teck’s Coal Business

A Descendant of Freed Slaves, Financier Pursues Family’s $900 Million Oil Claim

Behind the Scenes of Sam Altman’s Wild Ouster From OpenAI

Ford Downsizes Plan for Michigan Battery Factory, Citing Slower EV Demand

GM’s Self-Driving Car Unit Skids Off Course

Virtual Credit Cards: What Are They and Should You Use Them?

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