News Highlights: Top Energy News of the Day - Monday at 4 AM ET

Dow Jones11-04
 
Schneider Electric Removes CEO Herweck 
 

Schneider Electric said it dismissed chief executive officer Peter Herweck due to differences on the implementation of the company's roadmap, and appointed Olivier Blum as his replacement.

 
Oil Climbs After Report of Iran Preparing to Strike Israel 
 

Oil soared on reports that Iran is preparing a retaliatory strike on Israel in the coming days, possibly before the U.S. election.

 
Exxon and Chevron Feel Brunt of Cheaper Oil 
 

The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on oil prices, Chevron, Exxon and more in the latest Market Talks covering Energy and Utilities.

 
Big Tech Is Paving the Way for a Nuclear Breakthrough 
 

Small modular reactors could eventually make the power source cheaper, safer and faster to build.

 
Employees Lose Out After Driller's Last-Minute Change to Stock Warrants 
 

Unit Corp. faces litigation after warrants issued to shareholders in its chapter 11 case turned out to be worthless

 
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices 
 

Shell's earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors' results over the third quarter.

 
TotalEnergies Profit Falls as Downstream Margins Bite 
 

TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.

 
Aker Solutions Upbeat Despite Profit Miss 
 

Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity.

 
U.S. Crude Oil Inventories Post Moderate Decline 
 

Oil stockpiles decreased last week as production held steady and imports fell. Analysts had predicted an increase.

 
 

(END) Dow Jones Newswires

November 04, 2024 04:00 ET (09:00 GMT)

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