Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
BP's New CEO Meg O'Neill Tightens Spending, Simplifies Structure After Renewables Misstep
BP's new CEO Meg O'Neill is slashing costs and narrowing capital spending as the oil giant simplifies into two main businesses. The shift co
Berenberg Expects Repsol to Beat Q2 Forecasts on Strong Refining Margins
Berenberg expects Repsol to beat Q2 forecasts on July 23, thanks to stronger refining margins that have held into early Q3. The bank also se
Oil Surges as Trump Threatens Iran Strikes, Fed Minutes Show Split on Rate Cuts
Crude oil surged as President Trump signaled potential strikes on Iran, raising inflation fears. Fed minutes showed policymakers split on ra
Oil Jumps 7% After US Declares Iran Ceasefire Over, Tankers Attacked
Oil prices shot up 7% after the US president said the ceasefire with Iran was over. Attacks on tankers in the Hormuz Strait and fresh US san
Colombia's Cerro Matoso Mine Halves Output After Gas Supply Cuts
Colombia's Cerro Matoso ferronickel mine has slashed output to about half capacity after Canacol Energy imposed gas supply restrictions. The
Chile's Lithium Exports Nearly Triple to $3.2 Billion on EV and Data Center Demand
Chile's lithium export revenue surged to $3.2 billion from January to June, nearly triple the same period last year. Higher prices and stron
IsoEnergy Resumes Drilling at Hurricane Uranium Project After Wildfire Evacuation
IsoEnergy has resumed drilling at its Hurricane uranium project after a wildfire evacuation paused work. The company plans 8,000 meters of d
ConocoPhillips Q2 Preview: Steady Output, But Analyst Target Cut Signals Caution
ConocoPhillips heads into its Aug. 6 earnings report with steady production, according to UBS. However, the bank cut its price target, signa
EQT Q2 Output Expected Near Top of Guidance Despite Lower Natural Gas Prices
UBS expects EQT's Q2 production to come in near the top end of its guidance, around 606 billion cubic feet equivalent, even as natural gas p
TC Energy's Bruce Power Stake Could Deliver Steady Cash Through 2064 as AI Boosts Power Demand
RBC Capital Markets highlights TC Energy's 48% stake in Bruce Power as an overlooked asset. The nuclear operator's contracted cash flows thr
Oil Surges 5%, Energy Stocks Rally as Exxon Flags $3.5-3.9 Billion Profit Boost
Oil prices surged Wednesday, with WTI up 4.8% and Brent up 5.1%, sending energy stocks higher before the open. Exxon Mobil flagged a potenti
Aegis and McMaster Launch $3.71M Fast-Charge Storage Project for AI Data Centers
Aegis Critical Energy Defence and McMaster University are launching a C$3.71 million, four-year project to commercialize a fast-charge energ