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A new study by Schneider Electric reveals that 76% of energy leaders in the Middle East have increased investment in autonomous technology over the past year to enhance operational resilience.
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Schneider Electric has joined a group of global industry leaders as a signatory to a new initiative calling for accelerated clean electrification targets ahead of COP31.
Wells Fargo maintained its Equal-Weight rating on Suncor Energy while increasing the price target from $93 to $114.
Scotiabank maintained its Sector Outperform rating on Suncor Energy and raised its price target to $126 from $123.
JPMorgan has downgraded Schneider Electric to Neutral, citing concerns over the ambitious revenue-synergy targets associated with its $22.6 billion acquisition of PTC.
UBS has reaffirmed its 'Buy' rating for Schneider Electric with a price target of 350 euros.
Suncor Energy has scheduled maintenance work at its 117,000 barrel-per-day refinery in Commerce City, Colorado, which may result in flaring over the coming week.