By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
BHP Secures Four-Year Pay Deal for 1,814 Workers at Two Iron Ore Mines
BHP has locked in a four-year, non-union pay deal covering 1,814 workers at its Mining Area C and South Flank iron ore mines in Western Aust
Horizon Oil Secures 57% Stake in Cue Energy, Boosting Output and Reserves
Horizon Oil has completed its off-market takeover of Cue Energy Resources, securing a 57.03% controlling stake. The deal boosts Horizon's da
Aecon Consortium Wins C$4B Alberta Gas Plant to Power Data Centers
Aecon says a consortium it's part of has won a C$4 billion contract to build a 932-MW natural gas power plant in Alberta. The project aims t
Oil Prices Dip but Energy Stocks Hold Steady as Company News Offsets Commodity Slide
Oil prices slipped Thursday, with WTI crude down 1.3% to $67.68 a barrel. But US energy stocks ticked up premarket as company-specific news—
RBC Maintains Bearish Stance on Equinor, Citing European Gas Price Dependence
RBC Capital Markets has reiterated its underperform rating on Equinor, saying the stock's direction depends on European gas prices. The bank
Berenberg Sees BP Q2 Steady on Strong Refining Margins, Warns on Oil Price Risk
Berenberg expects BP's Q2 results to hold steady as strong downstream demand offsets weaker oil production. However, the bank warns that the
Adani and Abu Dhabi's IHC Plan $11.5 Billion Aluminum Mega-Project in India
Adani Group and Abu Dhabi's IHC plan a $11.5 billion joint venture for a fully integrated aluminum complex in Odisha. The project aims to co
Malaysia's Fuel Subsidy Bill Could Hit $9.8 Billion as Oil Costs Surge
Malaysia's fuel subsidy costs have surged from 800 million ringgit monthly to 5 billion, threatening to blow past the budgeted 15 billion ri
Enterprise Products Partners Set for Strong Q2 as NGL Margins Widen, RBC Says
RBC Capital Markets has lifted its Q2 adjusted EBITDA estimate for Enterprise Products Partners to $2.69 billion, pointing to wider natural
Sable Offshore Surges 23% on Refinancing Deal as Oil Prices Slip
Sable Offshore shares surged over 23% after the company priced a combined equity-and-debt deal to refinance existing borrowings. The move ca
BofA: Siemens Energy Q3 to Be Lifted by Gas and Grid Orders, Offsetting Gamesa Weakness
Bank of America forecasts Siemens Energy's fiscal Q3 will be supported by robust orders in its Gas and Grid divisions, offsetting continued
SK and KKR Launch $1.5B Clean Power Platform for Korea's AI and Chip Boom
SK Inc. and private equity firm KKR are merging 1.7 gigawatts of renewable energy assets into a single clean-power platform worth 2 trillion