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

U.S. oil prices head for lowest finish in a month, traders weigh demand 
 

Oil prices head lower Thursday, with U.S. prices on track to finish at their lowest in about a month as traders weigh prospects for energy demand.

 
U.S. Natural Gas Futures Lower on Storage Concerns 
 

U.S. natural gas futures continued their selloff overnight, pushing the May contract to a new low ahead of the EIA's weekly storage report.

 
Energy Department Gets Power Over Big Grid Projects 
 

In a bid to fast track grid-infrastructure construction, the department is set to become the lead federal agency coordinating environmental approval of major transmission projects, providing a one-stop shop as utilities race to meet rising power demand.

 
GE Vernova Stock Falls After Earnings Beat. That Makes Sense. 
 

GE Vernova stock is down after the company reported better-than-expected first-quarter results. The reaction to Thursday's earnings came on Tuesday.

 
New EPA Emissions Rules Squeeze Coal Plants 
 

The measures, which come as power demand is surging, will force coal plants to adopt costly technology or shut down.

 
Cnooc Posts Record Net Profit on Higher Oil Price, Production 
 

Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.

 
Energy & Utilities Roundup: Market Talk 
 

Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.

 
U.S. Crude Oil Stockpiles Fall For First Time in Five Weeks 
 

U.S. crude oil stocks fell by 6.4 million barrels last week, in the first withdrawal in five weeks while refineries increased their capacity use

 
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.

 
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.

(END) Dow Jones Newswires

April 25, 2024 11:15 ET (15:15 GMT)

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