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News Highlights: Top Energy News of the Day

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11/15/2019 | 11:16am EST
Oil Futures Edge Higher 
 

Oil futures climbed near $57 per barrel in quiet trading. Lower underlying demand appears to be one concern.

 
Estee Lauder Signs Its Largest Clean Energy Contract 
 

EXCLUSIVE: Estee Lauder said it has signed its largest renewable energy contract globally, a move that reflects the company's commitment to address climate change and work toward only using green energy.

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires throughout the day.

 
IEA Lifts Non-OPEC Supply Estimates 
 

The IEA raised its 2020 oil production growth estimate for non-OPEC countries to 2.3 million barrels a day, with the U.S. the key driver of that growth.

 
EIB to End Fossil Fuel Financing 
 

The European Investment Bank said it would stop financing for fossil fuel energy projects from the end of 2021 onward, marking the latest blow to oil-and-gas companies as the EU readies for its version of the Green New Deal.

 
Saipem Mulls Subsea 7 Merger-Bloomberg 
 

Italy's Saipem is considering a potential deal with rival Subsea 7 as it seeks to create a larger European oil service provider, Bloomberg reported.

 
OPEC Cuts U.S. Oil Output Growth Forecast 
 

The Organization of the Petroleum Exporting Countries lowered its oil production growth forecast for non-cartel countries for 2020, citing a downward adjustment to its forecast for the U.S.

 
For Ethical Investors, Oil Isn't Aramco's Only Problem 
 

Can an oil and gas company count as a sustainable or ethical investment? In Saudi Aramco's case, the obvious question of its carbon emissions may not even be the main problem for the increasing numbers of investors who focus on environmental, social and governance criteria.

 
RWE Upgrades Forecasts as Profits Rise 
 

RWE said its nine-month earnings rose to EUR1.5 billion and it raised its 2019 guidance following the reinstatement of the British capacity market.

 
EDF Backs Guidance as Revenue Climbs 
 

EDF said that revenue for the first nine months of the year rose to EUR50.94 billion euro and it backed its 2019 guidance.

Stocks mentioned in the article
ChangeLast1st jan.
ELECTRICITÉ DE FRANCE 0.45% 9.42 Real-time Quote.-32.04%
ENGIE 0.72% 14.6 Real-time Quote.15.73%
LONDON BRENT OIL 1.77% 64.34 Delayed Quote.12.96%
RWE AG 1.99% 26.19 Delayed Quote.35.41%
SAIPEM S.P.A. 1.59% 4.22 End-of-day quote.27.23%
SUBSEA 7 0.56% 97.8 Delayed Quote.15.40%
THE ESTÉE LAUDER COMPANIES INC. 0.91% 197.93 Delayed Quote.50.88%
WTI 1.23% 59.14 Delayed Quote.24.23%
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