Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Oil prices jump but Suncor slips as CEO transition plan unveiled
Oil prices jumped Thursday, but Suncor Energy fell 2.4% after announcing a CEO transition plan through 2027. Here's what it means for invest
Virginia governor enters NextEra-Dominion merger review, seeking stronger promises
Virginia Gov. Abigail Spanberger plans to intervene in the state's review of NextEra Energy's $66.8 billion merger with Dominion Energy. She
Gold slips as oil jumps on Hormuz report, rate bets firm
Gold slipped as oil prices jumped over 4% on a report that Iran may restrict shipping in the Strait of Hormuz. The move also nudged traders
Orlen's refining margins drive Q2 profit beat despite fuel price cap
Poland's Orlen beat Q2 profit expectations as refining and petrochemical margins improved, lifting EBITDA LIFO to 13.9 billion zlotys. A tem
Constellation sells Texas gas plant to LS Power for $860M, lifts outlook
Constellation Energy agreed to sell its Brazos Valley gas plant in Texas to LS Power for $860 million, completing the last required divestit
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