--- title: "Dow Jones Top Energy Headlines at 4 PM ET: Oil Prices Are Back Above $100. Why It Could Be a 'Cruel Summer.' | Shell ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/284265540.md" description: "Oil prices have surged above $100 a barrel amid ongoing tensions in the Middle East. Shell is expanding its operations in Western Canada by acquiring Arc Resources, while Meta Platforms has entered a solar power agreement with Overview Energy. Nordex shares reached a 24-year high following strong earnings, and Galp reported a 41% increase in quarterly profits. Endurance Investment Partners is seeking $350 million for energy investments. Canada has approved Enbridge's $3 billion gas pipeline expansion, and SLB's profits have declined due to disruptions from the Iran conflict." datetime: "2026-04-27T20:20:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284265540.md) - [en](https://longbridge.com/en/news/284265540.md) - [zh-HK](https://longbridge.com/zh-HK/news/284265540.md) --- # Dow Jones Top Energy Headlines at 4 PM ET: Oil Prices Are Back Above $100. Why It Could Be a 'Cruel Summer.' | Shell ... Oil Prices Are Back Above $100. Why It Could Be a 'Cruel Summer.' Brent crude futures rose above $100 a barrel with no peace talks between the U.S. and Iran scheduled. \---- Shell Buys a Gas Producer Far From the Middle East Turmoil Shell is set to expand its reach in Western Canada with a deal to buy Arc Resources, a move expected to boost production at a time when Canada is looking to grow energy exports. \---- Meta Platforms Enters Solar-Power Pact The Facebook parent has agreed to purchase up to a gigawatt of solar power from Overview Energy, a startup that aims to deploy satellites capable of providing power to customers on Earth's surface. \---- Nordex Shares Hit 24-year High after Earnings Beat Group earnings before interest, taxes, depreciation and amortization jumped 64% on year. \---- Galp's Key Earnings Metric Boosted by Higher Production, Prices Quarterly adjusted replacement-cost net profit rose 41% on the same period last year to €272 million. \---- Endurance Investment Partners Seeks $350 Million to Back Energy Secondary Bets The firm formed last year and is supported by the Rice brothers who control natural-gas producer EQT Corp. \---- Energy & Utilities Roundup: Market Talk Find insight on oil futures, Shell's planned acquisition of Arc Resources, and more in the latest Market Talks covering Energy and Utilities. \---- U.S. Delegation Will Head to Pakistan for Talks With Iran. Oil Prices Settle Below $100. News of a fresh round of talks helped calm oil markets on Friday. \---- X-Energy's Shares Jump in IPO, Delivering Wins to Amazon and Ken Griffin X-Energy scrapped a public offering less than three years ago, before the artificial-intelligence boom took hold. \---- Canada Approves Enbridge's $3 Billion Westcoast Gas-Pipeline Expansion Canada approved Enbridge's proposed multibillion-dollar expansion of a west-coast natural gas pipeline system. \---- Persian Gulf Oil Damage Will Ripple Long Past the End of the War Even if the strait opened tomorrow, the hit to the global economy would be long lasting. \---- SLB Profit Falls as Iran War Disrupts Operations, Clouds Outlook SLB's first-quarter profit fell in the face of what Chief Executive Olivier Le Peuch called a challenging start to the year, as widespread disruptions across the Middle East hurt business. (END) Dow Jones Newswires April 27, 2026 16:15 ET (20:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [SHEL.US](https://longbridge.com/en/quote/SHEL.US.md) - [SLB.US](https://longbridge.com/en/quote/SLB.US.md) - [ERX.US](https://longbridge.com/en/quote/ERX.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [NRGU.US](https://longbridge.com/en/quote/NRGU.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) ## Related News & Research - [Transaction in Own Shares | SHEL Stock News](https://longbridge.com/en/news/287037545.md) - [Transaction in Own Shares | SHEL Stock News](https://longbridge.com/en/news/286754415.md) - [Oil futures lose ground in early US trading](https://longbridge.com/en/news/287089289.md) - [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md)