Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Tsingshan Halts Nickel Exports as Indonesia Tightens Cargo Inspections
Tsingshan has paused exports of nickel products from its Indonesian smelters after the country tightened inspections on outbound cargo. The
Japan invests $47.7 million in Namibia rare earths project to cut China reliance
Japan's state-backed minerals agency JOGMEC is investing up to C$47.7 million in Toyota Tsusho's Lofdal rare earths project in Namibia. The
PLS Group sells more lithium than it produces, flags softer September quarter
PLS Group sold more lithium than it produced in the June quarter, moving 249,900 tonnes at $2,107 a tonne while output slipped to 214,300 to
Ampol's Lytton refinery margin surges on Strait of Hormuz disruptions
Ampol's Lytton refinery saw its refining margin more than triple in the second quarter, jumping to $30.93 a barrel from $8.71 a year earlier
Oil prices slip as tankers bypass Strait of Hormuz via Red Sea
Brent crude slipped 0.9% to $87.30 as tankers increasingly bypass the blocked Strait of Hormuz via the Red Sea. The shift eases immediate su
EDP profit holds steady as renewables and networks offset weak power prices
EDP's first-half recurring profit came in at €753 million, roughly flat from last year but ahead of forecasts. Renewables and regulated netw
US natural gas prices linger near three-month low as record output swamps demand
US natural gas futures ticked up but stayed near a three-month low. Record output in the Lower 48 and softer demand from LNG export terminal
Shell and Phillips 66 explore sale of Explorer Pipeline in deal worth up to $3.5 billion
Shell and Phillips 66 are exploring a sale of their majority stakes in Explorer Pipeline, a key US refined-products pipeline. The early-stag
Oil Surges 7% on US-Iran Threats, Energy Stocks Rally
Oil prices spiked after President Trump warned Iran 'will be hit hard' and US Central Command reported strikes in Iraq. WTI crude rose 6.7%
Bloom Energy Raises 2026 Revenue Forecast on Data Center Demand Surge
Bloom Energy boosted its 2026 revenue forecast to $3.9-4.2 billion after beating Q2 expectations. RBC says the upgrade reflects surging dema
Energy ADRs Surge as Eni and Equinor Jump 6% While European Index Stays Flat
European ADRs slipped 0.1% in US trading, but energy stocks bucked the trend. Eni and Equinor jumped over 6%, while Biodexa Pharmaceuticals
Energy Fuels starts $104M rare earth expansion at White Mesa Mill
Energy Fuels has begun a $104 million expansion of its White Mesa Mill in Utah to process heavy rare earths like terbium and dysprosium. The