---
title: "Dow Jones Top Energy Headlines at 4 AM ET: Eni to Partner With TotalEnergies on Cyprus Gas Field in Boost for European Energy | Oil ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294032839.md"
description: "Eni and TotalEnergies finalized investment in Cyprus's Cronos gas field. Oil prices slid as US-Iran hostilities paused. Baker Hughes rose on strong earnings, while KKR and Blackstone signed a $16B Kuwait oil deal. CATL and SLB reported higher profits/revenue driven by energy storage and data center demand. TotalEnergies cut debt using war-induced price boosts, and Repsol announced buybacks. Long Beach Port considers nuclear power."
datetime: "2026-07-28T08:22:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294032839.md)
  - [en](https://longbridge.com/en/news/294032839.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294032839.md)
---

# Dow Jones Top Energy Headlines at 4 AM ET: Eni to Partner With TotalEnergies on Cyprus Gas Field in Boost for European Energy | Oil ...

Eni to Partner With TotalEnergies on Cyprus Gas Field in Boost for European Energy

The companies said Tuesday that they have taken the final investment decision on the deep-water offshore project in the Cronos field.

\----

Oil Prices Slide as Trump Touts Possible Negotiations With Iran

The U.S. and Iran paused strikes for three days after two weeks of renewed hostilities.

\----

Two Wars Converge in the Caspian Sea as Ukraine Hits Iranian Supply Line to Russia

Tehran is threatening retaliation for long-range drone strikes that highlight its ties with Moscow.

\----

Baker Hughes Rises as Energy Infrastructure Demand Outweighs Middle East Disruptions

Baker Hughes stock is one of the top-performing stocks in the S&P 500 on Monday as second-quarter earnings show the oilfield services company is successfully navigating the situation in the Middle East.

\----

KKR, Blackstone Sign $16 Billion Kuwait Oil Deal

The companies that manage Kuwait's oil sector signed a $16 billion lease agreement with a group of investors led by Blackstone, Brookfield and KKR.

\----

Energy & Utilities Roundup: Market Talk

Find insight on oil futures, computing demand, Expand Energy and more in the latest Market Talks covering Energy and Utilities.

\----

America's Demand for Power Is Soaring-and So Are the Costs of Building Out the Grid

Equipment backlogs, permitting delays, tariffs and yearslong waits to connect to the grid are pushing up the expense.

\----

CATL Profit Climbs on Surging Demand for Energy-Storage Batteries

The world's largest battery maker reported sharply higher profit as booming demand for energy-storage systems and resilient EV battery sales offset weakening appetite for EVs in China.

\----

SLB Posts Higher Revenue on Offshore Activity, Data-Center Demand

SLB logged higher revenue in the second quarter, as higher offshore activity and strong demand across its quickly growing data-center business helped to offset continued disruptions across the Middle East.

\----

TotalEnergies Uses Cash From War-Induced Price Rises to Cut Debt

Continued high oil and gas prices offered a boost to earnings while enabling the company to cut its net debt by $3.3 billion, bringing it down to just shy of $20 billion.

\----

Repsol Sets Out Fresh Buyback as Earnings Surge

Repsol has no assets in the Middle East, and so has seen production broadly unaffected by the war this year.

\----

Eni to Buy European Fuel Service Station Business From Prax

The deal-for an undisclosed sum-was made through its Enilive subsidiary that is co-owned with U.S private equity company KKR, which has a 30% stake.

\----

One of the Busiest Shipping Ports Wants to Go Nuclear

California's Port of Long Beach is considering the construction of a reactor to meet its growing need for electricity.

(END) Dow Jones Newswires

July 28, 2026 04:15 ET (08:15 GMT)

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

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