--- title: "Dow Jones Top Energy Headlines at 4 AM ET: Oil Rises Further as Hormuz Talks Show Little Progress | U.A.E.'s ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/295505264.md" description: "Oil prices rose as Strait of Hormuz talks stalled. ADNOC Gas plans $8B expansion post-OPEC exit, while BP downsizes under CEO Meg O'Neill. Trump proposed 15% solar tariffs to reduce China reliance. ConocoPhillips and Consolidated Edison reported higher Q2 profits; Andy O'Brien named ConocoPhillips' new CEO. Suncor promoted Peter Zebedee to CEO. Virginia's governor expressed skepticism over NextEra Energy's acquisition of Dominion." datetime: "2026-08-11T08:26:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295505264.md) - [en](https://longbridge.com/en/news/295505264.md) - [zh-HK](https://longbridge.com/zh-HK/news/295505264.md) generator: "portal-rs" --- # Dow Jones Top Energy Headlines at 4 AM ET: Oil Rises Further as Hormuz Talks Show Little Progress | U.A.E.'s ... Oil Rises Further as Hormuz Talks Show Little Progress Oil prices extended the previous session's gains as talks to reopen the crucial Strait of Hormuz waterway hit an impasse. ---- U.A.E.'s Adnoc Gas to Invest More Than $8 Billion in Expansion Push An exit from OPEC earlier this year freed state-owned Adnoc of the cartel's restrictions. ---- The Incredible Shrinking BP May Be Just What Investors Need CEO Meg O'Neill has made clear that the company's future will be about downsizing ---- Energy & Utilities Roundup: Market Talk Find insight on oil futures, Adnoc Gas and more in the latest Market Talks covering Energy and Utilities. ---- 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. ---- '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. (END) Dow Jones Newswires August 11, 2026 04:15 ET (08:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [D.US](https://longbridge.com/en/quote/D.US.md) - [NEE.US](https://longbridge.com/en/quote/NEE.US.md) - [COP.US](https://longbridge.com/en/quote/COP.US.md) - [ED.US](https://longbridge.com/en/quote/ED.US.md) - [SU.US](https://longbridge.com/en/quote/SU.US.md) - [BP.US](https://longbridge.com/en/quote/BP.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [USOI.US](https://longbridge.com/en/quote/USOI.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) - [NEE-N.US](https://longbridge.com/en/quote/NEE-N.US.md) - [NEE-W.US](https://longbridge.com/en/quote/NEE-W.US.md) - [NEP.US](https://longbridge.com/en/quote/NEP.US.md) - [NEE-R.US](https://longbridge.com/en/quote/NEE-R.US.md) - [NEE-T.US](https://longbridge.com/en/quote/NEE-T.US.md) - [NEE-U.US](https://longbridge.com/en/quote/NEE-U.US.md) - [NEE-S.US](https://longbridge.com/en/quote/NEE-S.US.md) - [NEE-V.US](https://longbridge.com/en/quote/NEE-V.US.md) ## Related News & Research - [Madison Asset Management LLC Makes New Investment in ConocoPhillips $COP](https://longbridge.com/en/news/296474042.md) - [Heritage Investors Management Corp Sells 9,615 Shares of ConocoPhillips $COP](https://longbridge.com/en/news/296017287.md) - [Oil set for second weekly rise as unsettled US-Iran war crimps supply](https://longbridge.com/en/news/296555193.md) - [Oil edges up on uncertainty over exports through Hormuz](https://longbridge.com/en/news/296282399.md) - [Oil extends climb on prolonged Hormuz export uncertainty](https://longbridge.com/en/news/296302371.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**