Suncor Energy (SU) announced an increase in its share repurchase program to 75% of its free funds flow this quarter, with plans to escalate this to nearly 100% once net debt is reduced.
Kinder Morgan (KMI) invests $100 million in a Texas oilfield, leveraging U.S. carbon capture incentives to boost production and recovery using enhanced oil recovery techniques.
Eni (E) considers divesting a 20% stake in Enilive, its biorefining arm, signaling a strategic shift toward renewable energy.