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Newsroom · Energy & Commodities

By Aisha Nkemdirim

Covers oil, gas, metals, the energy transition and the commodities driving inflation.

273 published stories
ConocoPhillips picks CFO Andy O'Brien as next CEO after Lance retires
Energy

ConocoPhillips picks CFO Andy O'Brien as next CEO after Lance retires

ConocoPhillips will hand the CEO role to CFO Andy O'Brien on September 1, as Ryan Lance retires after 14 years. The oil producer also beat s

Siemens Energy's strong quarter still leaves analysts cautious on valuation
Energy

Siemens Energy's strong quarter still leaves analysts cautious on valuation

Siemens Energy delivered strong fiscal Q3 results with revenue up 18.5% and a record €162 billion backlog. But Mwb Research cautions the sto

Beach Energy swings to profit but soft guidance hits shares
Energy

Beach Energy swings to profit but soft guidance hits shares

Beach Energy swung to a A$281.4 million annual profit, but investors focused on softer fiscal 2027 production guidance and higher spending p

Occidental's Best Quarter Since 2022 Came From Pricier Oil
Energy

Occidental's Best Quarter Since 2022 Came From Pricier Oil

Occidental Petroleum posted its best quarterly profit since 2022, beating expectations with $2.40 per share. Higher oil prices and increased

Dangote refinery's $5B IPO may add a second listing on South Africa's JSE
Energy

Dangote refinery's $5B IPO may add a second listing on South Africa's JSE

Africa's richest man is taking his oil refinery public in a $5 billion IPO that will start in Nigeria. South Africa's JSE says it could add

Siemens Energy's record quarter rides AI data center demand
Energy

Siemens Energy's record quarter rides AI data center demand

Siemens Energy delivered record third-quarter results, powered by US data center buildouts and Middle East power projects. Its wind turbine

Tullow Oil lifts cash flow outlook, locks Ghana fields to 2040
Energy

Tullow Oil lifts cash flow outlook, locks Ghana fields to 2040

Tullow Oil raised its free cash flow outlook to $170-$250 million and secured license extensions for its key Ghana fields through 2040. The

Dangote refinery's $5B IPO plan arrives as oil prices slide
Energy

Dangote refinery's $5B IPO plan arrives as oil prices slide

Nigeria's Dangote refinery is planning a $5 billion IPO expected to conclude in October. The move comes as oil prices slide and markets moni

EOG beats Q2 profit forecasts as oil prices jump on Iran fears
Energy

EOG beats Q2 profit forecasts as oil prices jump on Iran fears

EOG Resources beat second-quarter profit forecasts as higher crude prices, tied to Iran war fears, lifted its realized oil price to $98.15 a

BP Beats Q2 Forecasts but Raises 2026 Spending Plan to $14B
Energy

BP Beats Q2 Forecasts but Raises 2026 Spending Plan to $14B

BP beat Q2 revenue and profit forecasts, but raised its 2026 spending plan to as much as $14 billion. The higher capex outlook hints at a le

Oil and gas prices slide, dragging energy stocks lower
Energy

Oil and gas prices slide, dragging energy stocks lower

Oil and gas prices dropped Tuesday, with WTI falling 3.5% and Brent down 2.8%, pulling energy stocks lower. Even solid Q2 results from some

GTT's record order book shows LNG demand is still booming
Energy

GTT's record order book shows LNG demand is still booming

GTT's half-year revenue looked flat, but the French LNG engineering firm secured 65 new orders, lifting its order book to a record €1.9 bill