Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Chevron posts best quarter in six years as oil prices and refining margins surge
Chevron reported its best quarter in at least six years, with adjusted earnings of $6.06 per share. Higher oil prices and record refining ma
GAIL's Q1 profit doubles on gas marketing strength and inventory gain
GAIL's first-quarter profit more than doubled to 46.71 billion rupees, helped by stronger gas marketing and a large inventory gain. Petroche
Fugro warns offshore wind slump may last until 2027
Fugro's offshore wind backlog fell 47% in the first half, even as overall revenue rose 4.3%. The Dutch surveyor warns the sector's slump may
Engie lifts full-year guidance after stronger-than-expected first half
Engie's first-half earnings beat expectations, driven by natural gas trading and higher UK electricity network income. The French utility ra
BP launches North Sea sale as new CEO moves to cut debt
BP has formally started selling its North Sea operations, a business it has run for over 60 years. The move is part of CEO Meg O'Neill's pus
OMV's chemicals arm drives 65% jump in quarterly operating profit
OMV's operating profit jumped 65% to €1.71 billion, beating analyst expectations, thanks to stronger selling prices in its chemicals busines
OMV Petrom's Q2 operating profit rises 27% but net profit drops 24%
Romanian energy firm OMV Petrom saw its core operating profit jump 27% in Q2 on stronger gas and fuel sales, but a higher tax bill dragged n
Borouge's Q2 profit holds at $189.5M but logistics, Hormuz risk loom
Borouge's Q2 profit held at $189.5M even as plants ran at 60% utilization. The plastics maker warns that a return to high output depends on
Eversource profit plunges 85% on Aquarion and offshore wind charges
Eversource Energy reported an 84.7% drop in second-quarter net income, driven by accounting charges tied to its Aquarion water business and
Energy stocks climb as oil prices dip amid US-Iran tensions
Energy stocks climbed late Thursday even as oil prices slipped, with the NYSE Arca Oil Index and Energy Select Sector SPDR Fund both higher.
RWE lifts 2026 outlook after strong first half, beating Barclays expectations
RWE's strong first-half results pushed adjusted net income to €1.3 billion, leading the company to raise its 2026 outlook by more than Barcl
Energy sector drives most of Europe's Q2 profit growth, STOXX 600 data shows
Europe's blue-chip earnings are set for a strong Q2, with STOXX 600 profits forecast to rise 20.8% year-on-year. But strip out energy, and g