---
title: "Dow Jones Top Energy Headlines at 4 AM ET: Oil Rises Amid Growing Doubts Over Strait of Hormuz's Reopening | U.A.E.'s ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295376834.md"
description: "Oil prices rose amid Strait of Hormuz reopening doubts. Adnoc Gas plans $8B expansion post-OPEC exit. Trump proposes 15% solar tariffs to reduce China reliance. ConocoPhillips and Consolidated Edison reported higher Q2 profits; new CEOs were named at both firms. Suncor promoted Peter Zebedee to CEO. Siemens Energy hit record orders due to data center demand, while SolarEdge stock fell on sales woes."
datetime: "2026-08-10T08:17:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295376834.md)
  - [en](https://longbridge.com/en/news/295376834.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295376834.md)
generator: "portal-rs"
---

# Dow Jones Top Energy Headlines at 4 AM ET: Oil Rises Amid Growing Doubts Over Strait of Hormuz's Reopening | U.A.E.'s ...

Oil Rises Amid Growing Doubts Over Strait of Hormuz's Reopening

Oil rose in early Asian trade amid growing doubts over the reopening of the Strait of Hormuz. 

---- 

U.A.E.'s Adnoc Gas to Invest More Than $8 Billion in Expansion Push 

Plan to boost production comes after OPEC exit earlier this year frees state-owned Adnoc of cartel's restrictions. 

---- 

China-Free Batteries Made From Salt Are Finally Here 

Sodium-ion batteries have almost none of the problems that lithium-ion ones do, and could be cheap enough to make fossil-fuel dependence a thing of the past. 

---- 

Energy & Utilities Roundup: Market Talk 

Find insight on Brazilian oil-and-gas companies, Oklo and more in the latest Market Talks covering energy and utilities. 

---- 

'Refine, Baby, Refine' Is the Energy Industry's New Mantra 

America's fuel-makers are maxed out as they try to fill in the gaps of the global fuel supply crunch. 

---- 

Trump to Impose 15% Tariff, Set Minimum Prices on Solar Panels and Components 

The action aimed to cut U.S. reliance on Chinese-made panels and polysilicon, which is critical for semiconductors and solar-energy systems. 

---- 

Virginia Governor Is 'Skeptical' of NextEra Energy's Dominion Acquisition 

Since taking office this year, Virginia Gov. Abigail Spanberger has been outspoken about rising utility bills, which have hit residents hard. 

---- 

ConocoPhillips Names New CEO as Profit Boosted by Climbing Oil Prices 

ConocoPhillips recorded higher profit in the second quarter, driven by a 36% jump in average oil and gas prices, as it promoted its finance chief, Andy O'Brien, to become its new chief executive. 

---- 

Consolidated Edison Reports Higher Profit, Revenue 

The New York-based utility company posted a second-quarter profit of $308 million, up from $246 million a year earlier. 

---- 

Suncor to Promote Peter Zebedee to CEO 

The Canadian energy company said current President and CEO Rich Kruger will transition to the role of executive vice chair in April next year. 

---- 

Abu Dhabi's Adnoc Distribution Profit Nearly Doubles on Fuel Demand, Inventory Gains 

Adnoc Distribution reported a sharp jump in quarterly profit as higher fuel sales, inventory gains and stronger margins lifted earnings. 

---- 

Siemens Energy Orders Reach Record Highs on U.S. Data-Center Demand 

Shares rose around 4% in early morning European trade as demand for U.S. data centers and surging global demand for electricity led to record high orders in its fiscal third quarter. 

---- 

SolarEdge's stock is shedding a quarter of its value as sales woes trump AI progress 

The company faces challenges in Europe, which led to a weaker-than-expected revenue forecast. 

(END) Dow Jones Newswires

August 10, 2026 04:15 ET (08:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**