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

Dow Jones00:00
 
Oil prices tick higher as attention turns to OPEC+ decision on crude production 
 

Oil futures edged higher Wednesday as traders turned their attention to a weekend meeting of OPEC+.

 
Adnoc Launches New Natural Gas, Chemicals Investment Unit Valued at $80 Billion 
 

The Abu Dhabi National Oil Company started a new investment unit as it aims to capitalize on growing international demand and become a fully integrated energy company.

 
Europe's Gas Trades Lower on Cease-Fire Deal, Pluto Plant Restart Plans 
 

U.S. natural gas futures were lower with forecasts overnight showing slightly warmer near-term temperatures, while European prices were pressured by lower supply risks after Israel and Hezbollah reached a cease-fire deal.

 
NTPC Green Energy Shares Rise in Debut After More Than $1 Billion IPO 
 

The renewable-energy arm of state-controlled power company NTPC raised 100 billion rupees in the offering.

 
Trump's oil-drilling plans may pose a big problem for OPEC+ 
 

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year - and as U.S. President-elect Donald Trump's "drill, baby, drill" agenda makes matters even worse.

 
One of the Hottest Stocks in the Oil Patch Is a Defunct 19th-Century Railroad 
 

A new approach to wringing cash from its swath of desert has Texas Pacific Land shares soaring.

 
Energy & Utilities Roundup: Market Talk 
 

Read about Equinor, liquefied natural gas and more in the latest Market Talks covering Energy and Utilities.

 
Dana Names Bruce McDonald as Next CEO; To Begin Cost-Cutting Plan 
 

Dana said CEO and Chairman James Kamsickas retired after nearly a decade and it named Bruce McDonald his successor while it initiates a cost-cutting strategy and explores the sale of a unit.

 
Energy Capital Partners Eyes Power Contracts With Large Tech Companies 
 

Rising demand for electricity from large technology companies to power their data centers is making supply contracts more profitable for project developers, and energy-infrastructure investors such as Energy Capital Partners have taken notice.

 
Oneok to Acquire EnLink Midstream in $4.3 Billion Stock Deal 
 

Oneok shares will be used to acquire all of the outstanding publicly held units of EnLink Midstream for $4.3 billion.

 
 

(END) Dow Jones Newswires

November 27, 2024 11:00 ET (16:00 GMT)

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