By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Trekor Metals Advances Yellowhead Copper Project Through BC Environmental Review
Trekor Metals has taken a key step forward for its Yellowhead copper project in British Columbia by filing a detailed project description wi
Abu Dhabi Royal Office Invests $1.13 Billion in LNG Platform MidOcean Energy
Abu Dhabi's royal office is putting $1.13 billion into MidOcean Energy, an LNG-focused platform backed by EIG, Saudi Aramco, and Mitsubishi.
Shell Raises Q2 LNG Output Forecast, Sees Stronger Gas Trading
Shell raised its second-quarter LNG output guidance and said gas trading would be significantly stronger than the prior quarter. The update
ADNOC Distribution Buys Shell's South Africa Fuel Network for $1 Billion
ADNOC Distribution is buying Shell's South Africa fuel retail network for $1 billion, adding 580 stations and 360 convenience stores. The de
Equatorial and Iberdrola Circle Enel's Brazil Assets as Regulators Weigh Concession Renewal
Brazilian utility Equatorial and Spain's Iberdrola are in talks with Italy's Enel to acquire its Brazilian operations. The potential deal wo
Cauldron Energy Launches 10,000-Meter Uranium Drill Campaign at Yanrey Project
Cauldron Energy has started a 10,000-meter air-core drilling program at its Yanrey project in Western Australia. The six-to-eight-week campa
Saturn Oil & Gas Extends Credit Facility to 2029, Boosts Capacity to C$200M
Saturn Oil & Gas has extended its syndicated credit facility to July 2029 and raised its elected commitment to C$200 million. The move stren
Energy Stocks Split as Oil Slips to $68.42, Natural Gas Climbs to $3.23
Energy stocks showed mixed performance on Monday as oil prices slipped and natural gas rose. WTI crude fell 0.4% to $68.42 a barrel, while H
Oil Edges Up as OPEC+ Approves Another 188,000 bpd Supply Hike for August
Oil prices inched up even as OPEC+ approved another 188,000 barrels per day of additional supply for August. Brent crude hovered near $72, s
CATL Invests in CarbonScape to Turn Forestry Waste into Battery Graphite
CATL, the world's largest battery maker, is acquiring a 20% stake in New Zealand startup CarbonScape. The partnership aims to scale producti
China Orders Biggest Fuel Price Cut in Six Years as Demand Weakens
Beijing ordered its largest fuel price cut in over six years, lowering gasoline and diesel ceilings by up to 950 yuan per ton. The move foll
Oil Prices Steady as Tankers Clear Strait of Hormuz, Market Flips to Contango
Brent crude held near $71.87 a barrel as more tankers cleared the Strait of Hormuz, easing fears of an immediate supply crunch. The futures