By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Tullow Oil lifts cash flow outlook, locks Ghana fields to 2040
Tullow Oil raised its free cash flow outlook to $170-$250 million and secured license extensions for its key Ghana fields through 2040. The
Dangote refinery's $5B IPO plan arrives as oil prices slide
Nigeria's Dangote refinery is planning a $5 billion IPO expected to conclude in October. The move comes as oil prices slide and markets moni
EOG beats Q2 profit forecasts as oil prices jump on Iran fears
EOG Resources beat second-quarter profit forecasts as higher crude prices, tied to Iran war fears, lifted its realized oil price to $98.15 a
BP Beats Q2 Forecasts but Raises 2026 Spending Plan to $14B
BP beat Q2 revenue and profit forecasts, but raised its 2026 spending plan to as much as $14 billion. The higher capex outlook hints at a le
Oil and gas prices slide, dragging energy stocks lower
Oil and gas prices dropped Tuesday, with WTI falling 3.5% and Brent down 2.8%, pulling energy stocks lower. Even solid Q2 results from some
GTT's record order book shows LNG demand is still booming
GTT's half-year revenue looked flat, but the French LNG engineering firm secured 65 new orders, lifting its order book to a record €1.9 bill
Technip Energies' 2026 outlook gets costlier on Middle East disruptions
Technip Energies warned that Middle East disruptions could add €30-40 million in quarterly logistics and security costs, prompting analysts
RBC trims Shell forecasts but sees bigger payouts ahead
RBC Capital Markets lowered its earnings forecasts for Shell after adjusting for weaker oil prices, but it still sees potential for bigger s
Chevron's best quarter in six years driven by refining, not drilling
Chevron reported its strongest quarter in six years, with adjusted earnings of $6.06 per share, beating expectations. The surprise driver wa
GAIL's Q1 profit doubles on gas marketing strength and inventory gain
GAIL's first-quarter profit more than doubled to 46.71 billion rupees, helped by stronger gas marketing and a large inventory gain. Petroche
Fugro warns offshore wind slump may last until 2027
Fugro's offshore wind backlog fell 47% in the first half, even as overall revenue rose 4.3%. The Dutch surveyor warns the sector's slump may
Engie lifts full-year guidance after stronger-than-expected first half
Engie's first-half earnings beat expectations, driven by natural gas trading and higher UK electricity network income. The French utility ra