Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Technip Energies Faces Q2 Test as Middle East Volatility Lingers
Technip Energies reports Q2 results on July 30, with Berenberg forecasting €2B revenue and a €24B backlog. The bank expects the firm to stic
Aditya Birla Secures $1.5B MUFG Loan for Shell's India Clean Energy Buy
Aditya Birla Group has secured a $1.5 billion loan from Japan's MUFG to help finance its $1.8 billion acquisition of Shell's India clean ene
Brent Crude Hits $85 as Trump Vows US Control of Strait of Hormuz, Treasuries Sell Off
Brent crude climbed to $85 a barrel after President Trump said the US will control the Strait of Hormuz. The move extended a selloff in US T
Advanced Petrochemical Revenue Rises 18% but Loss Widens on Plant Disruption
Advanced Petrochemical posted an 18% revenue increase in Q2, but its net loss widened to 98 million riyals. A feedstock disruption cut produ
BP's Trading Desk Drives Strong Q2 as Oil Prices Surge to $97
BP's trading desk remained strong in the second quarter, with oil realizations set to lift upstream earnings by $1.8-2.1 billion. Brent crud
ASX 200 Flat as Oil Jumps on Trump's Strait of Hormuz Toll Plan
The ASX 200 finished flat at 8,808.50 as oil prices climbed on news of a potential 20% toll on ships passing through the Strait of Hormuz. B
KEPCO's $700 Million Green Bond Sale Draws $2.5 Billion in Orders, Signals Strong Demand
Korea Electric Power Corp (KEPCO) raised $700 million in a dual-tranche green bond sale after attracting over $2.5 billion in orders. The pr
Argentina's YPF Electric Energy Files for NYSE IPO as Revenue Surges 45.8%
YPF Electric Energy, a pure-play power generator from Argentina, has filed to list on the NYSE. The company reported a 45.8% quarterly reven
LibertyStream Targets C$20M Raise for Texas Lithium Push as Stock Slips
LibertyStream Infrastructure Partners is selling units at C$0.80 with half-warrants to fund its Texas lithium scale-up. The stock slipped ab
Oil Surges 7% on Report Trump Weighs 20% Toll on Strait of Hormuz Shipping
Oil prices surged roughly 7% after the Associated Press reported President Trump is considering a 20% toll on eligible cargo passing through
California Resources Ramps Up Drilling Speed, but UBS Cuts Profit Forecast and Price Target
UBS acknowledges California Resources is drilling faster than expected in California and Utah, but the bank lowered its Q2 profit outlook an
DAX Edges Up as Low EU Gas Storage Raises Profit Risk for German Industry
The DAX inched higher on softer trade data, but a warning from ING that EU gas storage is well below average raises the risk of volatile ene