By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
OMV's chemicals arm drives 65% jump in quarterly operating profit
OMV's operating profit jumped 65% to €1.71 billion, beating analyst expectations, thanks to stronger selling prices in its chemicals busines
Eversource profit plunges 85% on Aquarion and offshore wind charges
Eversource Energy reported an 84.7% drop in second-quarter net income, driven by accounting charges tied to its Aquarion water business and
RWE lifts 2026 outlook after strong first half, beating Barclays expectations
RWE's strong first-half results pushed adjusted net income to €1.3 billion, leading the company to raise its 2026 outlook by more than Barcl
Energy sector drives most of Europe's Q2 profit growth, STOXX 600 data shows
Europe's blue-chip earnings are set for a strong Q2, with STOXX 600 profits forecast to rise 20.8% year-on-year. But strip out energy, and g
RBC says Eni's bigger buyback could lift shares after Q2 results
RBC Capital Markets updated its forecasts for Eni after the Italian energy company's second-quarter results. The bank says a larger share bu
Tsingshan Halts Nickel Exports as Indonesia Tightens Cargo Inspections
Tsingshan has paused exports of nickel products from its Indonesian smelters after the country tightened inspections on outbound cargo. The
Japan invests $47.7 million in Namibia rare earths project to cut China reliance
Japan's state-backed minerals agency JOGMEC is investing up to C$47.7 million in Toyota Tsusho's Lofdal rare earths project in Namibia. The
Oil prices slip as tankers bypass Strait of Hormuz via Red Sea
Brent crude slipped 0.9% to $87.30 as tankers increasingly bypass the blocked Strait of Hormuz via the Red Sea. The shift eases immediate su
EDP profit holds steady as renewables and networks offset weak power prices
EDP's first-half recurring profit came in at €753 million, roughly flat from last year but ahead of forecasts. Renewables and regulated netw
Shell and Phillips 66 explore sale of Explorer Pipeline in deal worth up to $3.5 billion
Shell and Phillips 66 are exploring a sale of their majority stakes in Explorer Pipeline, a key US refined-products pipeline. The early-stag
Bloom Energy Raises 2026 Revenue Forecast on Data Center Demand Surge
Bloom Energy boosted its 2026 revenue forecast to $3.9-4.2 billion after beating Q2 expectations. RBC says the upgrade reflects surging dema
Energy Fuels starts $104M rare earth expansion at White Mesa Mill
Energy Fuels has begun a $104 million expansion of its White Mesa Mill in Utah to process heavy rare earths like terbium and dysprosium. The