News Highlights: Top Energy News of the Day - Wednesday at 11 AM ET

Oil prices hold steady ahead of weekly U.S. crude stockpile data 
 

Oil prices were steady on Wednesday morning as investors awaited the release of the official U.S. data on oil and product stockpiles due at 10:30 a.m. Eastern time.

 
Eni Boosts Buybacks Despite Disappointing First-Quarter 
 

Eni reported first-quarter results that fell short of analysts' forecasts but said it would increase its share buybacks in 2024 to EUR1.6 billion.

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities.

 
Underground Thermal Energy Networks May Be About to Have Their Moment 
 

These climate-friendly heating-and-cooling systems are drawing support from states, cities, utilities and developers.

 
One French Company's Lonely Struggle to Survive Fierce Competition From China 
 

After China destroyed Europe's solar-panel industry, the continent struggles with an onslaught against other green sectors.

 
SLB Tops Revenue Expectations on International Strength 
 

The oil-services company reports adjusted first-quarter earnings of 75 cents a share on revenue of $8.71 billion.

 
Water Facilities Warned to Improve Cybersecurity as Nation-State Hackers Pounce 
 

The water sector is under pressure to improve cybersecurity protections as hacking threats grow.

 
The Push to Store Renewable Energy in Massive Salt Caverns 
 

Renewable power is used to produce hydrogen, which is stored in underground caverns until it is needed for green energy.

 
Woodside Revenue Falls on Lower Prices, Volumes 
 

Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.

 
BP to Simplify Structure, Trim Leadership Team 
 

BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.

(END) Dow Jones Newswires

April 24, 2024 11:15 ET (15:15 GMT)

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