Oil Prices Rise on Fears of Mideast Conflict Escalation

Oil prices closed out the week solidly higher with the market on edge about the possibility of renewed U.S.-Iran hostilities and further attacks on Saudi energy infrastructure.

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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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Tanker Carrying Russian Diesel Signals U.S. Port After Trump-Putin Deal

A tanker carrying Russian diesel intermittently signaled it was headed to the U.S., potentially marking a resumption of direct shipments amid Trump’s push to increase fuel supplies to global markets.

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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.

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Eni Shareholders Set for Cash Boost After Earnings Double

The company kicked off earnings season for energy majors with an extraordinary dividend and buyback hike on exceptional refining margins.

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SLB Revenue Rises as Data-Center Demand Grows, Middle East Business Recovers

The company’s third-quarter revenue climbed 5.8% to $9.45 billion, supported by rapid growth in its data-center division and a gradual recovery in its Middle East business.

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Energy & Utilities Roundup: Market Talk

Find insight on Eni, SLB, oil prices and more in the latest Market Talks covering energy and utilities.

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PG&E Profit Falls as Revenue Dips But Backs Full-Year Guidance

The Oakland, Calif., utility posted third-quarter earnings of $776 million, or 34 cents a share, compared with $850 million, or 37 cents a share, a year earlier.

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Bloom Energy Lifts Outlook, Logs Higher Profit

The company now expects full-year adjusted earnings of between $3.10 and $3.40 a share after reporting a profit of $250.3 million, driven by demand for the company’s on-site power solutions.

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Inside the U.S. Push to Put Nuclear Reactors in Ports and on Cargo Ships

Federal agencies are teaming up with startups to deploy floating power barges and nuclear cargo fleets.

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Energy Security Concerns Spur U.K. to Preserve Gas Pipelines to Europe

The pipelines are only used occasionally but give the U.K. greater flexibility to tap gas from other sources in times of high demand, such as severe winters.

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Trump Says Data Centers Must Provide Their Own Electricity

The move is the president’s latest attempt to address widespread opposition to the AI boom ahead of the midterm elections.

(END) Dow Jones Newswires

October 23, 2026 16:15 ET (20:15 GMT)

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