By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Southeast Asia's budget airlines struggle to pass on soaring fuel costs
Southeast Asia's budget airlines are hiking fares, but jet fuel near $183 a barrel and weaker local currencies are still squeezing profits.
Ampol's record profit as refining margins triple on Middle East disruptions
Ampol's first-half profit hit a record A$857.2 million as refining margins more than tripled to $28.26 a barrel. Middle East supply disrupti
Adnoc Distribution picks Reatile as local partner for Shell South Africa deal
Adnoc Distribution has chosen Reatile Group as its local partner for the $1 billion purchase of Shell's South African downstream business. T
BofA raises Ithaca Energy target, sees more dividend upside
Bank of America raised its price objective for Ithaca Energy to £2.85, pointing to higher production and a cashflow-linked dividend policy.
NRG weighs bid for bankrupt West Virginia coal plant as owner fights to exit Chapter 11
NRG Energy is considering a deal for Pleasants Power Station, a bankrupt West Virginia coal plant. The plant's owner, Omnis Energy, is askin
Oil hits four-week high as Hormuz traffic stays thin
Brent crude settled at $91.62, a nearly four-week high, as traders weighed Middle East tensions and unusually light traffic through the Stra
Venture Global's LNG ramp-up prompts RBC to lift profit forecasts
RBC Capital Markets has raised its 2026-2027 profit forecasts for LNG producer Venture Global as two key export projects move closer to star
Energy stocks rise as oil holds near $85 and gas jumps 3%
Energy stocks edged higher as oil prices held near $85 a barrel and natural gas jumped 3%. A Bloomberg report that BP has resumed trading Ve
Santos Holds Up Despite Project Delays, Sees Stronger Second Half
Santos reported underlying profit of $397 million, beating expectations despite commissioning delays at key projects. The LNG producer still
Oil climbs as Strait of Hormuz strike raises supply fears
WTI crude climbed 1.2% to $85.51 after a vessel was struck in the Strait of Hormuz and US-Iran talks looked further away. Brent reached $91.
Petrobras weighs easier terms for Braskem ahead of August deadline
Brazil's state-controlled oil giant Petrobras is weighing easier contract terms for debt-strapped Braskem, including longer payment periods
Oil climbs as Iran rejects extending US deal tied to Hormuz shipping
Oil prices climbed as Iran rejected talks to extend a two-month US memorandum linked to keeping the Strait of Hormuz open. WTI reached $82.6