By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Japan invests $47.7 million in Namibia rare earths project to cut China reliance
Japan's state-backed minerals agency JOGMEC is investing up to C$47.7 million in Toyota Tsusho's Lofdal rare earths project in Namibia. The
Oil prices slip as tankers bypass Strait of Hormuz via Red Sea
Brent crude slipped 0.9% to $87.30 as tankers increasingly bypass the blocked Strait of Hormuz via the Red Sea. The shift eases immediate su
EDP profit holds steady as renewables and networks offset weak power prices
EDP's first-half recurring profit came in at €753 million, roughly flat from last year but ahead of forecasts. Renewables and regulated netw
Shell and Phillips 66 explore sale of Explorer Pipeline in deal worth up to $3.5 billion
Shell and Phillips 66 are exploring a sale of their majority stakes in Explorer Pipeline, a key US refined-products pipeline. The early-stag
Bloom Energy Raises 2026 Revenue Forecast on Data Center Demand Surge
Bloom Energy boosted its 2026 revenue forecast to $3.9-4.2 billion after beating Q2 expectations. RBC says the upgrade reflects surging dema
Energy Fuels starts $104M rare earth expansion at White Mesa Mill
Energy Fuels has begun a $104 million expansion of its White Mesa Mill in Utah to process heavy rare earths like terbium and dysprosium. The
Rhine river drought threatens Europe's supply chains as water levels drop
Europe's industrial artery, the Rhine river, is nearing critically low water levels due to extreme drought. Barges now carry just 800 tons v
Nordex nearly doubles Q2 profit but holds steady on full-year outlook
Wind turbine maker Nordex posted a strong second quarter, with EBITDA nearly doubling to €224 million, beating its own analyst consensus. Ho
FirstEnergy profit rises as data center demand surges 30% since Q1
FirstEnergy's second-quarter profit rose as data center demand in its territory surged 30% since the first quarter. Adjusted earnings per sh
US natural gas futures hit near three-month low on record output and mild weather
US natural gas futures sank to their lowest since late April as record output and milder weather forecasts cooled demand expectations. LNG e
CMS Energy shifts focus to regulated grid, scales back unregulated renewables
CMS Energy is restructuring its NorthStar Clean Energy unit to focus on regulated grid spending, moving away from unregulated renewable deve
HF Sinclair beats Q2 estimates, plans to spin off lubricants unit
HF Sinclair beat profit estimates in the second quarter and plans to spin off its lubricants and specialties unit into a standalone public c