Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Galp's Moeve Downstream Merger Delayed to H2, Berenberg Holds Rating
Berenberg lifted its 2026 earnings forecast for Galp Energia but maintained a hold rating as the planned downstream merger with Spain's Moev
Oil Hits $84.50 as Traders Weigh Iran Conflict Risk Against Cooling US Inflation
Oil prices climbed to $84.50 a barrel as markets grapple with the risk of supply disruptions from the Iran conflict. Meanwhile, softer US in
TotalEnergies Warns of Sharply Lower LNG Earnings Despite Higher Q2 Profits on Iran War Oil Boost
TotalEnergies expects higher Q2 profits as Iran war tensions boost crude and refining margins. However, the company warns LNG trading earnin
Oil Prices Dip as Traders Weigh Real Risk of Strait of Hormuz Disruption
Oil prices turned lower after an early rise as markets weighed fresh US strikes on Iran and threats around the Strait of Hormuz. Brent slipp
TotalEnergies Q2 Preview: Refining Margins Rise, LNG Trading Slumps
TotalEnergies says its refining margins are improving, with a key marker at $13.5 a barrel, while its Integrated LNG unit faces a meaningful
Aegis Launches UL-Certified Battery Systems, Takes Stake in Indigenous Energy Firm
Aegis Critical Energy Defense is expanding in North America's defense energy storage market with two new UL 9540-certified battery systems a
Energy Stocks Dip as Iran-Houthi Threat Looms Over Red Sea Oil Route
Energy stocks slipped as geopolitical risks in the Red Sea intensified. Reuters reported Iran may encourage Yemen's Houthis to threaten the
BP to Shut Venture Arm, Sell Stakes in Over 10 Startups to Private Equity Firm Verdane
BP is shutting down its corporate venture capital arm, bp Ventures, and selling minority stakes in over 10 startups to private equity firm V
Standard Nuclear Slashes IPO Size and Price, Valuation Drops 32%
Standard Nuclear has sharply reduced its IPO plans, now offering 10 million shares at $15 each instead of 18.25 million at $18-21. The move
BofA Warns Oilfield Services Face Tricky Quarter as Middle East Disruptions Loom
Bank of America Securities warns that oilfield-services companies face a tricky earnings season, with Middle East disruptions and oil-price
Codelco's Maricunga Lithium Project Faces Eight-Year Wait, Regulatory Hurdles
Codelco's Maricunga lithium project with Rio Tinto is still eight years from production. The joint venture awaits approvals in Chile and Chi
BofA Sees Ring Energy Benefiting from Permian Pipeline Relief as Waha Gas Prices Improve
Bank of America Securities sees Ring Energy gaining from new Permian pipeline capacity over the next 18 months. Improved Waha gas prices cou