Dow Jones Top Energy Headlines at 4 AM ET: Adnoc Gas Reports Record Profit Despite Fall in Prices | Scott ...

Dow Jones02-09 17:00

Adnoc Gas Reports Record Profit Despite Fall in Prices

The Abu Dhabi-owned company posted full-year profit of $5.17 billion, supported by double-digit earnings growth in its domestic gas unit.

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Scott Strazik on How GE Vernova Is Riding the AI Power Surge

When Scott Strazik became head of General Electric's energy business, GE Vernova, in 2021, the electricity business felt very different than it does today.

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Saudi Arabia Cuts Flagship Oil Price to Asia for Fourth Straight Month

The reduction signals further caution as concerns that global supply will outstrip demand continue to weigh on markets.

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Orsted Shares Rise After Guidance Confirmation Despite Blow From U.S. Disruption

The company confirmed earnings guidance for the next two years despite hefty impairments and U.S. tariff costs hitting its bottom line in 2025.

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Oil Futures Settle Higher As U.S.-Iran Talks Get Under Way

Oil futures settled higher after a first day of talks between the U.S. and Iran ended with the sides agreeing to further discussions, although with Iran refusing to give up its enrichment of nuclear fuel, according to Iranian state media.

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Carbon Removal Startup Terradot Acquires Eion as Market Consolidates

Amid a challenging business environment, some climate-tech companies are mulling mergers.

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Energy & Utilities Roundup: Market Talk

Find insight on Orsted, Beach Energy and more in the latest Market Talks covering Energy and Utilities.

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Bitter Cold Tested the Electric Grid. Nuclear and Batteries Came Through.

It is also clear that reliability concerns are growing, and will only get worse as more AI data centers hook into the system.

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ConocoPhillips Posts Weaker Profit on Lower Prices

ConocoPhillips' fourth-quarter earnings fell, hurt by lower prices that were slightly offset by higher production.

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Shell Keeps $3.5 Billion Buyback Despite Slide in Earnings

Adjusted earnings fell to $3.26 billion from $5.43 billion in the preceding quarter.

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Vestas Shares Slide After Mixed Earnings Report

The company reported adjusted earnings before interest and taxes of €580 million in the fourth quarter, shy of analyst expectations.

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Peloton CFO Coddington Leaving for Solar-Energy Company Palmetto

In her new role, Coddington said she plans to strengthen Palmetto's profit metrics, improve working capital and tighten financial controls.

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The $100 Billion Bet on Venezuelan Oil Relies on a Broken State Company

Foreign energy companies are facing a legal minefield dealing with PdVSA, which has long been accused of corruption.

 

(END) Dow Jones Newswires

February 09, 2026 04:00 ET (09:00 GMT)

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