Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Electric Guitar Extends Option on $6.9M Oklahoma Oil Deal
Electric Guitar has extended its option to buy Vega Upstream's oil-and-gas infrastructure in western Oklahoma. The $6.9 million deal could s
Tullow Oil lifts cash flow outlook, locks Ghana fields to 2040
Tullow Oil raised its free cash flow outlook to $170-$250 million and secured license extensions for its key Ghana fields through 2040. The
Dangote refinery's $5B IPO plan arrives as oil prices slide
Nigeria's Dangote refinery is planning a $5 billion IPO expected to conclude in October. The move comes as oil prices slide and markets moni
ADNOC Distribution Holds H1 Profit at $568M, Boosts Non-Fuel Retail
ADNOC Distribution held first-half net profit steady at $568 million and approved a 5.14-fils-per-share dividend. The fuel retailer is expan
Suncor beats profit forecasts on record refining output
Suncor beat second-quarter profit estimates thanks to record refinery throughput and fuel sales, even as upstream production dipped. The Can
EOG beats Q2 profit forecasts as oil prices jump on Iran fears
EOG Resources beat second-quarter profit forecasts as higher crude prices, tied to Iran war fears, lifted its realized oil price to $98.15 a
Marathon Petroleum's best quarter in four years came from chaos
Marathon Petroleum's second-quarter profit quadrupled to $5.14 billion as supply disruptions near the Strait of Hormuz pushed refining margi
BP Beats Q2 Forecasts but Raises 2026 Spending Plan to $14B
BP beat Q2 revenue and profit forecasts, but raised its 2026 spending plan to as much as $14 billion. The higher capex outlook hints at a le
Oil and gas prices slide, dragging energy stocks lower
Oil and gas prices dropped Tuesday, with WTI falling 3.5% and Brent down 2.8%, pulling energy stocks lower. Even solid Q2 results from some
BP shifts focus from size to cash returns as liabilities weigh
BP's CEO is resetting expectations, downplaying the 'super major' label as roughly $40 billion in liabilities and a spread-thin asset base d
GFM Services secures RM83.1m more Pengerang turnaround work
GFM Services has secured another RM83.1 million in maintenance turnaround work at Malaysia's Pengerang Integrated Complex, bringing its tota
GTT's record order book shows LNG demand is still booming
GTT's half-year revenue looked flat, but the French LNG engineering firm secured 65 new orders, lifting its order book to a record €1.9 bill