By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
GE Vernova's $9B Trench deal bets on grid upgrades
GE Vernova is buying Trench Group for $9 billion to expand its high-voltage grid equipment business, and raised its full-year revenue foreca
Afreximbank backs $975M buyout of Oryx Energies to boost Africa's fuel security
Afreximbank has put $975 million behind a management buyout of Oryx Energies, the parent of fuel distributor Addax Energy. The deal aims to
RWE's 2026 profit outlook hinges on wind and trading, BofA says
Bank of America expects RWE's 2026 earnings to beat forecasts, thanks to new offshore wind farms and a strong trading unit. But unhedged out
Baker Hughes profit slips as Middle East and Asia revenue cools
Baker Hughes reported lower third-quarter profit as revenue fell in the Middle East and Asia and slipped in North America. The slowdown refl
Natural gas futures rise 2% as LNG export demand climbs
US natural gas futures rose about 2% as the November contract neared expiration, with LNG export feedgas flows climbing to 18.3 bcfd in Octo
Japan's 100 billion yen bet on perovskite solar cells
Japan's trade ministry is preparing about 100 billion yen in subsidies to help Ricoh and Choshu Industry mass-produce perovskite solar cells
Elevra Lithium's North American Mine Hits Near-Record Output
Elevra Lithium's North American Lithium mine delivered near-record output in the September quarter, with ore mined up 25% and spodumene sale
Oil stocks surge 50% but may still be undervalued
US energy stocks have surged more than 50% this year, outpacing the broader market. With crude above $100 a barrel, giants like ExxonMobil a
EQT's $13B Range Deal Would Create Largest US Gas Producer
EQT, the largest US natural gas producer, announced a $13 billion all-stock acquisition of Range Resources. The deal would create an even bi
EQT's $13B Range Deal Leads a Busy Day of M&A Across Sectors
EQT agreed to buy Range Resources in a $13 billion all-stock deal, creating the largest US natural gas producer. Other deals included CAE se
Galp and Moeve scrap Iberian refining tie-up, shares slide 7.5%
Portugal's Galp Energia and Spain's Moeve have called off talks to combine refining and fuel retail operations. Galp shares fell 7.5% as inv
Holiday shipping costs surge as fuel surcharges near 29%
With diesel at $6.28 a gallon, UPS and FedEx fuel surcharges are near 29%, lifting peak-season delivery bills. Fourth-quarter ground shippin