By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
BluEnergies Raises C$20.7M in Private Placement for Exploration Push
BluEnergies has closed a C$20.7 million private placement, selling 9.2 million units at C$2.25 each. Proceeds will fund exploration and work
Oil Prices Surge Past $99, Boosting Energy Stocks in Premarket Trading
Oil prices surged early Thursday, with WTI crude climbing 4.6% to $90.79 and Brent crude jumping 5.9% to $99.64. The rally boosted energy st
Oil Surge Past $99 Hits US Stocks as Red Sea Tanker Attacks Stoke Supply Fears
US stock futures fell as Brent crude climbed to $99.27 after Iran-backed Houthis attacked two Saudi oil tankers in the Red Sea. The escalati
Centrica to Cut 1,300 Jobs as Profit Drops 18%, Accelerates AI Overhaul
Centrica, owner of British Gas, announced 1,300 job cuts after first-half adjusted core profit slid 18% to £737 million. The company is acce
RBC Says Halliburton's Next Growth Phase Depends on International Markets
RBC Capital Markets sees Halliburton's future growth coming from overseas operations, not domestic activity. The bank kept its outperform ra
Laramide Resources Values Queensland Uranium Project at $456 Million
Laramide Resources has released an updated economic study for its Westmoreland uranium project in Queensland, estimating a $456 million cons
Highway Holdings and Huahu New Energy Plan $3.5M Joint Venture for Global Markets
Highway Holdings has signed a non-binding letter of intent with China's Guangdong Huahu New Energy Technology to form a joint venture. The d
Brookfield Renewable to Merge Dual-Listed Entities into Single Public Company by Late 2026
Brookfield Renewable will swap most partnership units for shares to create a single public company. The move, expected by late 2026, aims to
GE Vernova Lifts 2026 Outlook Despite Widening Wind Losses and Tariff Headwinds
GE Vernova lifted its 2026 revenue and cash flow outlook for the second time, but wind losses widened and quarterly earnings missed estimate
BPCL Posts First Quarterly Loss in 15 Years as Surging Oil Squeezes Margins
Bharat Petroleum (BPCL) posted its first quarterly loss in 15 years after a sharp rise in Brent crude prices turned fuel-selling margins neg
Gulf Stocks Dip as Oil Hits $92.85 on Houthi Shipping Threats
Gulf stock markets fell as fresh US strikes and Houthi warnings disrupted key shipping routes, sending Brent crude to $92.85. Saudi tankers
Naturgy Forecasts Core Profit Above €5.5 Billion as Regulated Networks Drive Growth
Naturgy expects core profit to top €5.5 billion in 2025, with regulated distribution networks compensating for softer energy trading. Net in