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Dow Jones Top Energy Headlines at 11 AM ET: Oil Prices Rise as Houthi Militants Target Saudi Energy | GE ...

Dow Jones Top Energy Headlines at 11 AM ET: Oil Prices Rise as Houthi Militants Target Saudi Energy | GE ...

Dow JonesDow Jones2026/10/28 15:00
By:Dow Jones

Oil Prices Rise as Houthi Militants Target Saudi Energy

The Houthis said Tuesday that they struck Saudi Arabia's Ras Tanura refinery in the Eastern Province with a ballistic missile.

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GE Vernova to Buy Grid-Equipment Manufacturer for $9 Billion as Energy Demand Grows

The energy company, formed from the breakup of General Electric, said the acquisition will create scale across its electrification portfolio.

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Equinor Earnings Double as Upended Energy Markets Offer Windfall

Equinor raised its full-year 2026 oil and gas production target to around 4% growth compared with 2025, up from its previous 3% target.

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Energy & Utilities Roundup: Market Talk

Find insight on Galp Energia and more in the latest Market Talks covering energy and utilities.

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Trump Moves to Weaken Methane Emissions Rules for Oil and Gas

Small fossil-fuel producers have opposed regulations to curb releases of the potent greenhouse gas.

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Baker Hughes Revenue Lifted by Growing Demand From Energy, Industrial Markets

The energy company, however, reported a lower third-quarter profit of $411 million, or 41 cents a share, compared with a profit of $609 million, or 61 cents a share, a year earlier.

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Enphase Energy Extends Weakness on Slumping Residential Demand

The company's core U.S. residential business continues to face headwinds from higher interest rates and the expiration of federal tax credits.

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Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount

The Cronos project off Cyprus in the eastern Mediterranean lays the foundation for future drilling in the region, according to chief operating officer, Guido Brusco.

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Natural Gas Is Feeding AI Data Centers. A $50 Billion Deal Proves It.

Natural gas producer EQT will acquire Range Resources in a deal valuing the combined company at over $50 billion.

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The Energy Stocks With the Most at Stake in the Midterms

NextEra, AEP and others could be impacted by next week's vote.

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EQT to Buy Range Resources in $13 Billion Stock Swap

EQT Corp. has struck a deal to buy Range Resources in a stock swap worth nearly $13 billion that would create a U.S. natural-gas giant.

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This German Energy Giant Is an Overlooked AI Bargain

Siemens Energy is outselling GE Vernova on gas turbines.

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Galp Shares Fall After Moeve Merger-Talks Collapse

The stock fell more than 8% after talks with Moeve on a potential downstream combination broke down, overshadowing earnings growth and a full-year guidance hike.

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U.S. Energy Execs Say They Quit Startup Over Undisclosed Russian Funding

High-ranking officials at the company, Polar LNG, shared their concerns with the Trump administration.

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Oil Majors' Quarterly Earnings in Spotlight With Refineries Set to Gain

Tightness in global fuel markets is driving refining margins to all-time highs, making refineries a key earnings driver for oil majors.

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Eni to Sign up to $1.8 Billion of Infrastructure Contracts for Cyprus Gas Project in Coming Days, Sources Say

The contracts involve building subsea infrastructure that will help extract, treat and send gas to Egypt via underwater pipelines, according to people familiar with the matter.

(END) Dow Jones Newswires

October 28, 2026 11:00 ET (15:00 GMT)

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