Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
ConocoPhillips names CFO Andy O'Brien as next CEO ahead of Willow startup
ConocoPhillips announced CFO Andy O'Brien will become CEO on September 1, replacing Ryan Lance. The transition comes as the company manages
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
Sunrise Energy Metals secures conditional $400M US loan for scandium project
Sunrise Energy Metals says a US government office has offered a conditional $400 million, 25-year loan for its Syerston scandium project. Th
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
Why US refiners are cashing in as crude prices fall
Crude oil prices are falling, but diesel and gasoline prices remain elevated. That gap is letting US refiners earn far more than usual, and
Oil India's quarterly profit more than triples on higher crude prices and output
Oil India's quarterly profit more than tripled to 28.70 billion rupees as crude prices and output both rose 11%. The state-run explorer's ma
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
CATL's Jianxiawo lithium mine restart still blocked by environmental review
CATL's Jianxiawo lithium mine in China remains closed as regulators require a new environmental impact assessment after the project's minera
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
Petrobras profit jumps 96% as oil rises, but fuel subsidies lag
Brazil's state-run oil giant Petrobras reported a 96% jump in second-quarter net profit and announced 17.4 billion reais in payouts. However