Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Williams to Buy Momentum Midstream for $5.5B in Haynesville Bet
Williams is buying Momentum Midstream for up to $5.5 billion, deepening its position in the Haynesville shale. The deal also lifts its 2026
Technip Energies' 2026 outlook gets costlier on Middle East disruptions
Technip Energies warned that Middle East disruptions could add €30-40 million in quarterly logistics and security costs, prompting analysts
BP sells Gelsenkirchen refinery to Klesch as it trims downstream
BP has agreed to sell its Gelsenkirchen refinery in Germany to Klesch Group, a move that supports its $20 billion divestment plan and helps
RBC trims Shell forecasts but sees bigger payouts ahead
RBC Capital Markets lowered its earnings forecasts for Shell after adjusting for weaker oil prices, but it still sees potential for bigger s
Imperial Oil's profit beat shows refining strength despite output dip
Imperial Oil's adjusted earnings of C$4.52 per share topped expectations, powered by stronger refining margins and higher crude prices. Lowe
Chevron's best quarter in six years driven by refining, not drilling
Chevron reported its strongest quarter in six years, with adjusted earnings of $6.06 per share, beating expectations. The surprise driver wa
Exxon's record quarter still misses as output dips
ExxonMobil's adjusted profit hit $14.7 billion, its best in four years, but still fell short of analyst expectations. Lower production and v
Chevron posts best quarter in six years as oil prices and refining margins surge
Chevron reported its best quarter in at least six years, with adjusted earnings of $6.06 per share. Higher oil prices and record refining ma
GAIL's Q1 profit doubles on gas marketing strength and inventory gain
GAIL's first-quarter profit more than doubled to 46.71 billion rupees, helped by stronger gas marketing and a large inventory gain. Petroche
Fugro warns offshore wind slump may last until 2027
Fugro's offshore wind backlog fell 47% in the first half, even as overall revenue rose 4.3%. The Dutch surveyor warns the sector's slump may
Engie lifts full-year guidance after stronger-than-expected first half
Engie's first-half earnings beat expectations, driven by natural gas trading and higher UK electricity network income. The French utility ra
BP launches North Sea sale as new CEO moves to cut debt
BP has formally started selling its North Sea operations, a business it has run for over 60 years. The move is part of CEO Meg O'Neill's pus