Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
TotalEnergies Q2 Preview: Refining Margins Rise, LNG Trading Slumps
TotalEnergies says its refining margins are improving, with a key marker at $13.5 a barrel, while its Integrated LNG unit faces a meaningful
Aegis Launches UL-Certified Battery Systems, Takes Stake in Indigenous Energy Firm
Aegis Critical Energy Defense is expanding in North America's defense energy storage market with two new UL 9540-certified battery systems a
Energy Stocks Dip as Iran-Houthi Threat Looms Over Red Sea Oil Route
Energy stocks slipped as geopolitical risks in the Red Sea intensified. Reuters reported Iran may encourage Yemen's Houthis to threaten the
BP to Shut Venture Arm, Sell Stakes in Over 10 Startups to Private Equity Firm Verdane
BP is shutting down its corporate venture capital arm, bp Ventures, and selling minority stakes in over 10 startups to private equity firm V
Standard Nuclear Slashes IPO Size and Price, Valuation Drops 32%
Standard Nuclear has sharply reduced its IPO plans, now offering 10 million shares at $15 each instead of 18.25 million at $18-21. The move
BofA Warns Oilfield Services Face Tricky Quarter as Middle East Disruptions Loom
Bank of America Securities warns that oilfield-services companies face a tricky earnings season, with Middle East disruptions and oil-price
Codelco's Maricunga Lithium Project Faces Eight-Year Wait, Regulatory Hurdles
Codelco's Maricunga lithium project with Rio Tinto is still eight years from production. The joint venture awaits approvals in Chile and Chi
BofA Sees Ring Energy Benefiting from Permian Pipeline Relief as Waha Gas Prices Improve
Bank of America Securities sees Ring Energy gaining from new Permian pipeline capacity over the next 18 months. Improved Waha gas prices cou
Shell Advances Venezuela Gas Project, Halliburton Wins Saudi Aramco Deal, Boosting Energy Stocks
Energy stocks edged higher after Shell advanced its Dragon offshore gas project in Venezuela and Halliburton landed a multiyear contract wit
Oil Hits One-Month High as Strait of Hormuz Closure Tightens Supply
Oil prices climbed to a one-month high as renewed US-Iran fighting kept the Strait of Hormuz closed. WTI rose to $79.71 and Brent to $85.23,
Berenberg Raises BP Price Target to £6 on Faster Debt Reduction
Berenberg raised its price target on BP to £6 after the oil giant's upbeat Q2 update highlighted faster debt reduction. Net debt guidance of
RBC Boosts Shell EPS Forecasts, Sees ARC Deal Strengthening LNG Ambitions
RBC Capital Markets resumed coverage of Shell with a sector perform rating and £40 price target. The bank raised its 2026-2028 earnings esti