Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Kazakhstan's KazMunayGas raises 3.5 billion yuan in offshore bond sale
KazMunayGas, Kazakhstan's state oil company, raised 3.5 billion yuan in a dual-tranche offshore yuan bond sale that was nearly seven times o
Energy stocks rise as Hormuz reopening tied to Iran-Oman deal, US conditions
Energy stocks rose as oil and gas prices ticked up after reports tied the Strait of Hormuz's reopening to an Iran-Oman revenue-sharing deal
Berenberg: Market Overlooked E.ON's Power Grid Growth Story
Berenberg upgraded E.ON and raised its price target to €21, arguing the market fixated on a draft cut to gas-grid returns and missed the big
Oil Slips as Iran-Oman Talks Raise Hope for Hormuz Shipping
Oil prices dipped as traders weighed a possible Iran-Oman shipping deal that could ease risks in the Strait of Hormuz. But tanker traffic th
Oil Prices Slip, but Enbridge Spends $600M on Salt Creek Midstream
Oil prices slipped, but Enbridge still went shopping, agreeing to pay $600 million in cash for Salt Creek Midstream's crude-gathering busine
Dangote Refinery's $5B IPO Hinges on Crude Supply and Margins
Dangote Refinery is weighing a landmark $5 billion IPO in October. But the key question for investors is whether it can secure enough crude
Oil prices slide 3.3%, dragging energy stocks lower
Oil prices dropped 3.3% on Tuesday, with WTI crude settling at $82.18 a barrel, and energy stocks followed suit. Meanwhile, Equinor outlined
Siemens Energy's November Targets Could Beat Market Expectations
Siemens Energy's upcoming investor update on November 11 could bring better-than-expected midterm targets, according to Bank of America. The
Siemens Energy weighs sale of steam turbine unit valued above €10B
Siemens Energy is exploring a sale of a majority stake in its Transformation of Industry unit, which makes steam turbines. Buyout giants inc
Aramco signs $3.7B in deals with French firms for drilling gear and AI tech
Saudi Aramco has signed more than $3.7 billion in agreements with French firms, covering drilling equipment, steel piping, and an AI digital
Aker Solutions Raises 2026 Revenue Forecast; RBC Sees Backlog Support
Aker Solutions raised its 2026 revenue guidance after a strong Q2, and RBC refreshed its model around a NOK77 billion backlog. Near-term vis
Woodside's Half-Year Profit Rises 7% on Higher Oil Prices
Woodside Energy reported a 7% rise in half-year underlying profit to $1.33 billion, driven by higher oil prices. The company also increased