Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
OMV's chemicals arm drives 65% jump in quarterly operating profit
OMV's operating profit jumped 65% to €1.71 billion, beating analyst expectations, thanks to stronger selling prices in its chemicals busines
OMV Petrom's Q2 operating profit rises 27% but net profit drops 24%
Romanian energy firm OMV Petrom saw its core operating profit jump 27% in Q2 on stronger gas and fuel sales, but a higher tax bill dragged n
Borouge's Q2 profit holds at $189.5M but logistics, Hormuz risk loom
Borouge's Q2 profit held at $189.5M even as plants ran at 60% utilization. The plastics maker warns that a return to high output depends on
Eversource profit plunges 85% on Aquarion and offshore wind charges
Eversource Energy reported an 84.7% drop in second-quarter net income, driven by accounting charges tied to its Aquarion water business and
Energy stocks climb as oil prices dip amid US-Iran tensions
Energy stocks climbed late Thursday even as oil prices slipped, with the NYSE Arca Oil Index and Energy Select Sector SPDR Fund both higher.
RWE lifts 2026 outlook after strong first half, beating Barclays expectations
RWE's strong first-half results pushed adjusted net income to €1.3 billion, leading the company to raise its 2026 outlook by more than Barcl
Energy sector drives most of Europe's Q2 profit growth, STOXX 600 data shows
Europe's blue-chip earnings are set for a strong Q2, with STOXX 600 profits forecast to rise 20.8% year-on-year. But strip out energy, and g
Shell's trading desks turn market volatility into a $9.8 billion quarter
Shell reported second-quarter adjusted earnings of $9.84 billion, more than double last year, as volatile energy markets boosted its trading
AEP raises profit forecast as data center power demand surges
American Electric Power raised its full-year profit forecast to $6.25-6.55 a share, driven by data center demand. Take-or-pay contracts with
RBC says Eni's bigger buyback could lift shares after Q2 results
RBC Capital Markets updated its forecasts for Eni after the Italian energy company's second-quarter results. The bank says a larger share bu
Shell beats Q2 profit estimates on strong trading, keeps $3 billion buyback pace
Shell posted $9.84 billion in adjusted Q2 earnings, topping expectations, as its trading operation cushioned Qatar disruptions. The oil majo
Fusion Startup Commonwealth Raises $1 Billion for Virginia Power Plant
Commonwealth Fusion Systems raised $1 billion in equity to fund its first ARC fusion power plant in Virginia. The startup aims to commercial