By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Alpha Compute buys Pennsylvania gas rights for 200MW AI data center
Alpha Compute has signed a binding term sheet to spend $55 million on Pennsylvania land and Marcellus shale gas rights. The company plans to
CEZ lifts profit outlook again as power prices climb
CEZ, the Czech state-backed utility, raised its full-year profit outlook again after electricity prices improved. It also said most of its e
Global traders pile into Brazil's power market as locals struggle
Global trading houses are building electricity desks in Brazil, betting on a market shakeout. Local traders are struggling, and regulators a
Adnoc Gas pushes $8.2B expansion despite profit drop
Adnoc Gas saw first-half net income slide to $1.74 billion as Strait of Hormuz shipping disruption hit volumes. Still, it approved $8.2 bill
Japan's Sumitomo Holds Copper Fees in Double Digits as China Benchmark Nears Zero
Sumitomo Metal Mining says its 2026 copper processing fees stayed in double digits, even as Chinese rivals accept near-zero charges. The gap
Oil edges up as traders eye US inflation data and Hormuz shipping risks
Oil prices ticked higher as tanker traffic through the Strait of Hormuz remained thin, while traders turned their attention to Wednesday's U
Oil slips as $67B NextEra-Dominion merger faces Virginia governor scrutiny
Oil prices slipped and energy stocks edged lower, but the day's real focus was on a potential political twist in the $67 billion NextEra-Dom
DNO's £202M cash bid for Genel Energy rejected by board
DNO offered £202 million in cash for Genel Energy, but the board turned it down. The bid comes as Middle East oil M&A picks up, though Kurdi
ENEOS swings to profit as revenue climbs 19%, keeps outlook and dividend
ENEOS swung to a fiscal first-quarter profit as revenue rose 19%, but the Japanese refiner left its full-year forecast and planned dividend
Oil prices jump but Suncor slips as CEO transition plan unveiled
Oil prices jumped Thursday, but Suncor Energy fell 2.4% after announcing a CEO transition plan through 2027. Here's what it means for invest
Orlen's refining margins drive Q2 profit beat despite fuel price cap
Poland's Orlen beat Q2 profit expectations as refining and petrochemical margins improved, lifting EBITDA LIFO to 13.9 billion zlotys. A tem
Constellation sells Texas gas plant to LS Power for $860M, lifts outlook
Constellation Energy agreed to sell its Brazos Valley gas plant in Texas to LS Power for $860 million, completing the last required divestit