Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Williams Nears $5.5 Billion Deal for Momentum Midstream to Boost Gulf Coast Gas Capacity
Williams Companies is reportedly close to a $5.5 billion acquisition of Momentum Midstream. The deal would add pipeline capacity from the Ha
Oil Slides as Tanker Traffic Through Strait of Hormuz Eases Supply Fears
Oil prices dropped sharply as tankers kept moving through the Strait of Hormuz, easing fears of a blockade. Brent settled at $71.99, down 4.
US Natural Gas Futures Dip as July Contract Expires, August Signals Steady Market
US natural gas futures slipped as the July contract expired, settling down 3.4% at $3.231 per mmBtu. The move was largely due to contract me
Oil Prices Tumble 3% as WTI Falls Below $70; Energy Stocks Mixed in Premarket
Oil prices fell sharply on Friday, with WTI crude dropping 3.2% to $69.64 a barrel. Energy stocks pointed lower in premarket trading, though
Global Uranium Launches Seismic Survey at Saskatchewan's Astro Project to Sharpen Drill Targets
Global Uranium has started a geophysical survey at the Astro uranium project in Saskatchewan, using ambient noise tomography to better under
Oil Prices Hit Four-Month Low as Strait of Hormuz Tanker Traffic Resumes
Oil prices dropped to a four-month low as tanker traffic resumed through the Strait of Hormuz, easing supply fears. WTI fell 2.4% to $70.22
Orron Swaps Nordic Assets for 27% Stake in Cloudberry, Sheds €93M Debt
Orron Energy is merging its Nordic renewables platform with Cloudberry Clean Energy, taking a 27.01% stake in the enlarged company. The deal
Barclays Raises RWE Target to €68 as Grid Stake Buy Boosts Earnings Stability
Barclays raised its price target on German utility RWE to €68 after RWE bought an additional 35% stake in grid operator Amprion. The deal de
HMC Capital Clears Final Hurdles for KKR's AU$603 Million Energy Platform Deal
HMC Capital has cleared all regulatory hurdles for KKR to invest up to AU$603 million in its energy platform. The deal transforms HMC from p
Crown Estate Profit Drops 13% as Offshore Wind Fees Shift to Construction Phase
The Crown Estate's annual profit fell 13% to £1.245 billion as offshore wind option fees from Round 4 projects shrank during the constructio
Energy Stocks Surge After Iran Strikes Ship in Strait of Hormuz, Oil Jumps 2.9%
Oil prices jumped 2.9% after Iran's IRGC struck a ship in the Strait of Hormuz, lifting energy stocks. Oilfield services shares surged 2.3%,
Weatherford Tracks Toward Top of Q2 Guidance, But UBS Warns of Near-Term Demand Softness
UBS says Weatherford is tracking toward the top end of its Q2 guidance, but warns of a quarter or two of uneven demand. The bank kept a neut