Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Greece boosts diesel discount to €0.20 a liter through mid-October
Greece is sweetening its diesel discount into mid-October, lifting the state subsidy to €0.15 a liter and adding refiner-funded cuts to keep
Tullow Oil shares plunge 34% after losing $196.5M Ghana tax dispute
Tullow Oil lost a $196.5 million tax arbitration with Ghana, sending shares down 34.3%. The ruling adds pressure to the company's debt-reduc
South Korea's $54B Alaska LNG Plan Raises Fairness Questions
South Korea may be asked to bankroll a $54 billion Alaska LNG project while splitting profits with the US, per Reuters. The unusual structur
TotalEnergies' power unit nears cash-flow turning point, RBC says
TotalEnergies says its electricity business is close to a turning point. RBC expects the segment to stop burning cash and turn free cash flo
Dangote plans huge Kenya refinery with state and public stake
Kenya's government will take a stake in Dangote's planned 700,000-barrel-a-day Lamu refinery and allow everyday investors to buy shares via
Korea Gas lends $520M to Canadian unit for LNG Canada Phase 2
Korea Gas is funding its share of LNG Canada's Phase 2 expansion with a 707.2 billion won loan to its Canadian unit. The loan carries 4.60%
Inox Clean Energy Files for $1.2B IPO to Cut Debt
Inox Clean Energy has filed for an IPO of up to 100 billion rupees, with about 60 billion rupees set aside to repay debt. The move signals a
Oil Above $100: Where the Energy Crisis Could Create Its Next Winners
Oil is trading above $100 a barrel as efforts to stabilise supply keep hitting snags. Past shocks in this decade offer clues about which cor
Energy Stocks Slip as Oil Falls, Even as LNG Deals Pile Up
Energy shares slipped Tuesday as oil prices fell, with WTI down 2.5% to $90.30. The drop overshadowed a flurry of LNG news, including a 22-y
NNPC Profit Jumps 33% to 7.2 Trillion Naira Despite Revenue Slide
NNPC's 2025 after-tax profit rose 33% to 7.2 trillion naira even as revenue slipped to 34.5 trillion naira. Output hit multi-year highs, but
Lufthansa's fuel bill to top €1.5 billion as CEO warns of higher costs
Lufthansa's CEO says the airline's extra fuel bill this year will top the €1.5 billion it flagged in August, yet it's sticking to its profit
Tekmar keeps FY26 revenue growth target despite delayed project volumes
Tekmar Group reaffirmed its forecast for more than 20% revenue growth in FY26, even as some second-half project volumes slip into FY27. The