Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Sempra raises outlook as Texas power demand hits record 91 GW
Sempra raised its outlook after a strong second quarter, as Texas power demand hit a new July record of 91 gigawatts. The utility's earnings
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
Oil Holds Near $79 as Hormuz Talks Meet Fed Rate Concerns
Brent crude held near $79 a barrel as Iran and Oman worked on a joint statement about the Strait of Hormuz, while Federal Reserve officials
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
SBM Offshore lifts 2026 outlook again on FPSO sale and Petrobras deals
SBM Offshore raised its 2026 forecast again after first-half revenue more than doubled to $4.9 billion. The boost came from the sale of the
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
Atmos Energy profit rises on rate hikes as it seeks more for pipeline work
Atmos Energy's third-quarter profit climbed to $243 million as previously approved rate increases flowed through its regulated gas businesse
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
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
EMP Metals completes lithium demo plant, targets Q3 start-up
EMP Metals has completed construction of its Project Aurora lithium-extraction demonstration plant in Saskatchewan, with start-up targeted f
India auto lobby retracts E20 fuel damage warning after dispute
India's auto industry group SIAM has walked back its warning that contaminated E20 gasoline was corroding vehicle parts, after the petroleum
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