Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Deutz Targets €1B in Energy Revenue as AI Data Centers Boost Backup Power Demand
Deutz, a German engine maker, sees its energy division reaching over €1 billion in revenue within five years, fueled by AI data centers' dem
BHP Secures Four-Year Pay Deal for 1,814 Workers at Two Iron Ore Mines
BHP has locked in a four-year, non-union pay deal covering 1,814 workers at its Mining Area C and South Flank iron ore mines in Western Aust
Oil Edges Higher as US-Iran Talks and Rising Crude Flows Send Mixed Signals
Oil prices inched up as markets tracked US-Iran peace talks alongside rising crude flows through the Strait of Hormuz. Saudi tankers carryin
Horizon Oil Secures 57% Stake in Cue Energy, Boosting Output and Reserves
Horizon Oil has completed its off-market takeover of Cue Energy Resources, securing a 57.03% controlling stake. The deal boosts Horizon's da
Chevron's Kilby Power Deal with Microsoft Could Reshape Its Earnings Profile
Chevron's Kilby power project, a 2.67-gigawatt behind-the-meter facility supplying a Microsoft data center under a 20-year deal, could becom
Halliburton Eyes Q2 Boost from Fracking Pricing and Middle East Normalization
Halliburton heads into Q2 with two tailwinds: North America fracking pricing is inching up, and Middle East operations could normalize by Q3
Aecon Consortium Wins C$4B Alberta Gas Plant to Power Data Centers
Aecon says a consortium it's part of has won a C$4 billion contract to build a 932-MW natural gas power plant in Alberta. The project aims t
Oil Prices Dip but Energy Stocks Hold Steady as Company News Offsets Commodity Slide
Oil prices slipped Thursday, with WTI crude down 1.3% to $67.68 a barrel. But US energy stocks ticked up premarket as company-specific news—
RBC Maintains Bearish Stance on Equinor, Citing European Gas Price Dependence
RBC Capital Markets has reiterated its underperform rating on Equinor, saying the stock's direction depends on European gas prices. The bank
Barclays: Engie's Geopolitical Fears Overblown Ahead of July 31 Results
Barclays believes the geopolitical concerns dragging on Engie are exaggerated. The bank forecasts a strong second-quarter performance and ex
Berenberg Sees BP Q2 Steady on Strong Refining Margins, Warns on Oil Price Risk
Berenberg expects BP's Q2 results to hold steady as strong downstream demand offsets weaker oil production. However, the bank warns that the
Kuwait Petroleum Pushes Bidders to Form Consortiums for $7 Billion Pipeline Stake
Kuwait Petroleum Corporation (KPC) is pushing bidders for a roughly $7 billion stake in its oil pipeline network to team up in consortiums.