By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
BP's New CEO Meg O'Neill Tightens Spending, Simplifies Structure After Renewables Misstep
BP's new CEO Meg O'Neill is slashing costs and narrowing capital spending as the oil giant simplifies into two main businesses. The shift co
Oil Jumps 7% After US Declares Iran Ceasefire Over, Tankers Attacked
Oil prices shot up 7% after the US president said the ceasefire with Iran was over. Attacks on tankers in the Hormuz Strait and fresh US san
Colombia's Cerro Matoso Mine Halves Output After Gas Supply Cuts
Colombia's Cerro Matoso ferronickel mine has slashed output to about half capacity after Canacol Energy imposed gas supply restrictions. The
ConocoPhillips Q2 Preview: Steady Output, But Analyst Target Cut Signals Caution
ConocoPhillips heads into its Aug. 6 earnings report with steady production, according to UBS. However, the bank cut its price target, signa
TC Energy's Bruce Power Stake Could Deliver Steady Cash Through 2064 as AI Boosts Power Demand
RBC Capital Markets highlights TC Energy's 48% stake in Bruce Power as an overlooked asset. The nuclear operator's contracted cash flows thr
Aegis and McMaster Launch $3.71M Fast-Charge Storage Project for AI Data Centers
Aegis Critical Energy Defence and McMaster University are launching a C$3.71 million, four-year project to commercialize a fast-charge energ
Temasek Pours Another S$5 Billion Into Energy Transition, Flags Emissions Target Miss
Temasek invested another S$5 billion in energy-transition deals, growing its sustainable living portfolio to S$49 billion. However, the stat
Barclays: Germany Nears Capacity Auction Rules, RWE Poised to Benefit
Barclays says Germany is close to finalizing capacity auction rules that would pay gas plants for standby availability. RWE's early equipmen
Japan's Q3 Aluminum Premium Hits $395/Ton, Highest Since 2015
Japan's aluminum buyers agreed to pay a $395-per-metric-ton premium for Q3 shipments, up 13% from last quarter and the highest since 2015. T
Oil Jumps 2.7% After US Strikes Iran, Stocks and Bonds Wobble on Inflation Fears
Crude oil climbed 2.7% to $72.40 after US strikes on Iran and new sanctions raised supply concerns. Stock and Treasury futures wobbled as in
DT Midstream Faces Seasonal Q2 Dip but Utility Demand Accelerates Pipeline Expansion
UBS forecasts a seasonally softer second quarter for DT Midstream, with EBITDA likely falling from Q1. However, utility customers are signin
Shell Sells South Africa Downstream Business to ADNOC for $1 Billion
Shell agreed to sell its downstream South Africa business to ADNOC Distribution for an implied $1 billion enterprise value. The deal reshape