Dow Jones Top Energy Headlines at 7 AM ET: Repsol Sets Out Fresh Buyback as Earnings Surge | TotalEnergies ...

Repsol Sets Out Fresh Buyback as Earnings Surge

Repsol has no assets in the Middle East, and so has seen production broadly unaffected by the war this year.

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TotalEnergies Uses Cash From War-Induced Price Rises to Cut Debt

Continued high oil and gas prices offered a boost to earnings while enabling the company to cut its net debt by $3.3 billion, bringing it down to just shy of $20 billion.

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Eni to Buy European Fuel Service Station Business From Prax

The deal-for an undisclosed sum-was made through its Enilive subsidiary that is co-owned with U.S private equity company KKR, which has a 30% stake.

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U.S. Commercial Crude Oil Stockpiles Post Weekly Build

Crude oil stocks rose unexpectedly last week by 2 million barrels as imports increased and exports fell, said the U.S. Energy Information Administration.

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Global oil prices settle at 6-week high after topping $95 a barrel, as hopes dim for de-escalation of Iran war

Oil prices settled at six-week highs on Wednesday after the U.S. struck Iran for the 11th night in a row and President Donald Trump warned that the U.S. will bomb Iranian bridges and power plants if Tehran fires on ships in the Strait of Hormuz.

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ExxonMobil and Oil Stocks Rise After Rubio Says Iran 'Not Serious' About Talks

Renewed U.S. strikes on Iran have sent oil prices higher on Wednesday, with shares in energy companies like ExxonMobil gaining as Secretary of State Marco Rubio said Iran was "not serious" about peace talks.

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Equinor Hikes Buyback as Earnings Jump on Higher Energy Prices

Second-quarter adjusted operating income jumped over 75% as the Norwegian energy major captured higher oil and gas prices triggered by the conflict in the Middle East.

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Energy & Utilities Roundup: Market Talk

Find insight on the Strait of Hormuz, weekly builds in U.S. crude oil and more in the latest Market Talks covering energy and utilities.

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Utilities Join Trump Pledge to Limit AI-Driven Increases in Electricity Bills

The effort could be hard to enforce because power prices are often decided by state regulators and electricity buyers and sellers.

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Trump Approves Landmark Nuclear Deal With Saudi Arabia in Big Win for Kingdom

The deal could mean large profits for American companies but also is likely to raise concerns about nuclear proliferation in the Middle East.

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War Risk to Oil Supplies Grows With Red and Black Sea Disruptions

Tankers loaded with Saudi oil do a U-turn after Houthi blockade threats, while Ukrainian attacks snarl pipeline operations.

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America's Most Prolific Oil Field Has a Natural-Gas Problem

So much natural gas pools up in the Permian Basin of West Texas that producers often can't give it away.

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Iberdrola to Take Control of Finnish Utility Caruna for $2.3 Billion

The deal to acquire 80% of the share capital of Caruna Group should be completed by the end of the year or early in 2027, the Spanish utility company said.

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Norway Oil Fund Urges Constructive Talks Between Prologis and Segro

As a long-term shareholder in both companies, Norges Bank Investment Management said it understood the rationale for a combination and the proposal merited consideration.

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Halliburton Profit Climbs on Higher Revenue

Halliburton logged higher earnings and revenue in the second quarter thanks to gains in both its North American and overseas markets.

(END) Dow Jones Newswires

July 23, 2026 07:15 ET (11:15 GMT)