July 29 (Reuters) - The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for delivery to the Bayou Choctaw site in Louisiana during the last three months of the year. Exxon Mobil ( XOM ) will supply 3.9 million barrels of the contract,...

12:13 PM EDT, 07/29/2024 (MT Newswires) -- UBS on Monday outlined key items of focus for second-quarter results from oil-sands producers Cenovus Energy ( CVE ) , Imperial Oil ( IMO ) and Canadian Natural Resources ( CNQ ). Wild fires are still burning across Canada's main oil and gas-producing province. We believe these fires and any potential impact on...

12:04 PM EDT, 07/29/2024 (MT Newswires) -- Wall Street's major market averages were mixed on Monday ahead of the Federal Reserve's new policy statement on Wednesday and the quarterly reports of some of the biggest names in the tech industry. The Fed's policy-setting Federal Open Market Committee is scheduled to begin its two-day meeting on Tuesday. Amazon.com ( AMZN )...

PARIS, July 29 (Reuters) - Airbus is drawing up a new turnaround plan for its Space Systems business, industry sources said, adding talks over potential European consolidation to fend off competition include Italy's Leonardo as well as France's Thales. Airbus has launched an immediate cash containment plan across the wider Defence and Space division, aims to announce the specific Space...