News Highlights: Top Energy News of the Day - Friday at 4 AM ET
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day's losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.
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.
GE Vernova Stock Bounces Back After Earnings. Here's Why.
One reason for the early drop was that the results weren't a big surprise.
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
Gain insight on natural gas, Repsol, 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.
(END) Dow Jones Newswires
April 26, 2024 04:15 ET (08:15 GMT)
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