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Energy

Baker Hughes Co (NASDAQ: BKR) Reports Strong Second-Quarter Results

Baker Hughes Co has announced its second-quarter results, with orders reaching $10.5 billion, including $7.1 billion in Industrial & Energy Technology (IET) orders. The company's revenue stands at $6.7 billion, with attributable net income of $681 million. The company's adjusted EBITDA is $1,231 million, …

Vinay Lochav | 28 July 2026

Crude Prices Plunge: Brent Crude Down 7.3% to $89.68

Oil prices have plunged as geopolitical tensions between the U.S. and Iran shift. Brent crude futures fell $7.10, marking a significant 7.3% decrease to $89.68 a barrel at 11:48 a.m.

Vinay Lochav | 28 July 2026

International Battery Metals (OTC: IBATF) Names Interim CEO Galloway With $100,000 Pay

International Battery Metals (OTC: IBATF) announced that senior vice‑president of corporate development Garrett Galloway will assume the role of interim chief executive officer. The board approved an annualized remuneration of $100,000 for this interim appointment. The change follows the resignation of former CEO Joseph …

Vinay Lochav | 28 July 2026

Noble Announces Dividend and Debt Refinancing While Cutting Interest Costs

Noble Corp disclosed a net loss for the quarter ending June, contrasting with a profit reported in the comparable prior period. Revenue from contract drilling services decreased, reflecting operational impacts related to the temporary suspension of activities in Brazil. Utilization rates across the marketed …

Vlad Orlov (Guest) | 28 July 2026

Red Sea Shipping Hits Snag After Houthi Attack on Saudi Arabia

A recent assault by Houthi militants on Saudi Arabia has adversely impacted shipping activity in the Red Sea, a critical corridor for global energy transportation. The incident, which remains unspecified in timing but raises security concerns, has prompted an observable slowdown in maritime traffic. …

Vinay Lochav | 28 July 2026

Unit Corporation (OTC: UNTCW) Shares Drop 0.8% to $1.87 Amid Uncertain Outlook

Unit Corporation shares fell 0.8% to $1.87 as investors await solid long-term results amidst market concerns. This decline reflects broader apprehensions about the company's future performance and market positioning. What Happened Unit Corporation (OTCMKTS: UNTCW) saw its shares decrease by 0.8% to $1.87 in …

Vinay Lochav | 28 July 2026

Antero Midstream (NYSE: AM) Calls $650M Senior Note Redemption on Aug 8

Antero Midstream (NYSE: AM) announced that it will redeem every outstanding 5.75% senior note maturing in 2028, totaling $650 million, on Aug 8, 2026. The redemption will be executed at par, meaning investors will receive 100.00% of each note’s principal along with accrued interest …

Vinay Lochav | 28 July 2026

Crude Oil Near $100 Triggers Interest-Rate Spotlight for Fed and Global Central Banks

Crude oil prices have risen to just under $100 per barrel, the first time they have hovered at this level in two months. The climb adds inflation pressure, prompting the Federal Reserve and other central banks to keep a tighter eye on interest‑rate policy, …

Vinay Lochav | 28 July 2026

Galp (OTC: GLPEY) Sees Profit Strength in H1, Raises 2026 Outlook Despite Q2 Miss

Galp Energia's disappointing earnings report for the second quarter has led to a notable decline in its share price. The company reported earnings per share of $0.53 for the period ending in the second quarter, which came in well below the consensus estimate of …

Vinay Lochav | 28 July 2026
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