By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Highway Holdings and Huahu New Energy Plan $3.5M Joint Venture for Global Markets
Highway Holdings has signed a non-binding letter of intent with China's Guangdong Huahu New Energy Technology to form a joint venture. The d
Brookfield Renewable to Merge Dual-Listed Entities into Single Public Company by Late 2026
Brookfield Renewable will swap most partnership units for shares to create a single public company. The move, expected by late 2026, aims to
GE Vernova Lifts 2026 Outlook Despite Widening Wind Losses and Tariff Headwinds
GE Vernova lifted its 2026 revenue and cash flow outlook for the second time, but wind losses widened and quarterly earnings missed estimate
BPCL Posts First Quarterly Loss in 15 Years as Surging Oil Squeezes Margins
Bharat Petroleum (BPCL) posted its first quarterly loss in 15 years after a sharp rise in Brent crude prices turned fuel-selling margins neg
Gulf Stocks Dip as Oil Hits $92.85 on Houthi Shipping Threats
Gulf stock markets fell as fresh US strikes and Houthi warnings disrupted key shipping routes, sending Brent crude to $92.85. Saudi tankers
Naturgy Forecasts Core Profit Above €5.5 Billion as Regulated Networks Drive Growth
Naturgy expects core profit to top €5.5 billion in 2025, with regulated distribution networks compensating for softer energy trading. Net in
Aramco Earnings Preview: RBC Adjusts Forecasts After Strait of Hormuz Disruption
RBC Capital Markets has tweaked its earnings outlook for Saudi Aramco ahead of the oil giant's August 4th call, lowering FY26 estimates on r
Brent Hits $92, India's Bonds and Rupee Under Pressure From Oil Shock
Oil prices surged to $92 a barrel as Red Sea shipping detours and Hormuz closure fears tighten supply. For India, a major oil importer, this
Wesfarmers and SQM Approve $645-715M Mt Holland Lithium Expansion to Double Output
Wesfarmers and Chilean partner SQM approved a $645-715 million upgrade to the Mt Holland lithium mine in Western Australia. The expansion wi
UBS Sees Diamondback Energy Topping Q2 Cash Flow Forecasts as Production Holds Strong
UBS expects Diamondback Energy to report stronger-than-expected cash flow per share of $11.46 in Q2, beating the consensus estimate of $11.2
Oil Prices Rise as Strait of Hormuz Shipping Disruptions Persist Amid Ceasefire Talks
Oil prices climbed Tuesday as shipping disruptions in the Strait of Hormuz continued to slow tanker traffic. Markets are also weighing repor
Adani Total Gas Profit Falls 14% as Imported Natural Gas Costs Surge
Adani Total Gas saw net profit fall 14.2% in the June quarter as rising imported natural gas costs ate into revenue gains. The joint venture