Baker Hughes (BKR) is accelerating its pivot beyond traditional oil and gas, securing key roles in a landmark U.S. clean ammonia plant and expanding its stake in long-duration energy storage technology through a deepened partnership with Hydrostor.
The European Union has taken the unprecedented step of designating Iran's Islamic Revolutionary Guard Corps as a terrorist entity, triggering a sharp diplomatic crisis. Iran has denounced the move as illegal and politically motivated, vowing to respond.
A recent downgrade of Enbridge Inc. by J.P. Morgan analysts has intensified the debate over the pipeline giant's ability to balance future growth with its prized dividend stability, as macroeconomic headwinds pressure its core crude oil segment.
Cardinal Energy Ltd. (TSX:CJ) has successfully upsized its bought deal financing to CA$95.15 million, capitalizing on robust investor appetite. The proceeds are earmarked to accelerate development of its key Reford 2 thermal oil project and strengthen its balance sheet, even as its valuation metrics present a complex picture for investors.
Plains All American Pipeline's strategic pivot—selling its Canadian NGL unit for $3.8 billion to fund the acquisition of the EPIC Crude Oil Pipeline—has sharpened its focus on oil transportation. While a 10% distribution hike signals confidence, analyst downgrades and heightened options volatility ahead of earnings reveal deep divisions over the company's risk-reward profile.
Despite record iPhone demand, Apple CEO Tim Cook warns that soaring memory chip costs are set to squeeze margins, highlighting a supply crisis gripping the entire tech industry.
Despite a challenging year marked by oil price volatility and softer demand for completion services, Liberty Energy (LBRT) closed 2025 with a resilient Q4 performance. The company is aggressively scaling its distributed power solutions business, targeting 3 GW of projects by 2029, even as it manages pricing pressures in its core fracking operations.
Cardinal Energy Ltd. has upsized its equity offering to C$95.15 million, with proceeds aimed at debt repayment and accelerating its thermal oil projects, including the Reford 2 SAGD development. The move highlights the company's strategic pivot but raises questions about dividend sustainability and shareholder dilution in a capital-intensive sector.
Asian equities broadly declined on Friday, taking cues from a volatile U.S. session marked by a historic plunge in Microsoft shares. The sell-off extended to commodities, with oil and precious metals also losing ground.
Elon Musk consolidates his space and artificial intelligence ventures, with SpaceX acquiring xAI to form a private sector titan valued over a trillion dollars, aiming to solve AI's energy crisis by moving compute to space.
A sharp 18.6% annual rise in serious mortgage delinquencies signals deepening strain for American homeowners, driven by soaring insurance, taxes, and living costs rather than risky loans.
A new legislative effort seeks to transform California's insurer of last resort into a comprehensive provider, potentially ending the need for hundreds of thousands of homeowners to juggle multiple policies amid the state's ongoing insurance crisis.
The United States has dramatically escalated airstrikes in Somalia, conducting over 150 missions since 2025, as military officials warn of a direct threat from ISIS-affiliated groups plotting attacks against American soil.
A 25-year-old Johnstown woman faces 18 felony counts, including arson endangering lives, after investigators say she intentionally set a duplex fire that forced residents to leap from second-story windows to escape.
Sources indicate Disney's board is finalizing plans to appoint theme parks chairman Josh D’Amaro as the company's next chief executive, concluding a lengthy succession search. The move would place the profitable parks division veteran at the helm of the global entertainment giant.
Russia's Foreign Ministry issued a stark warning on Monday, stating any deployment of foreign military forces or infrastructure in Ukraine would be considered an intervention, making those forces lawful targets for Russian strikes.
The White House announces a major public-private initiative to stockpile rare earths and critical minerals, aiming to insulate U.S. defense and tech sectors from foreign supply shocks and geopolitical leverage.
Former President Donald Trump's recent endorsement of a weaker U.S. dollar is prompting investors to position for potential policy shifts. We examine the market implications and three investment avenues gaining traction.
Senior Iranian officials have privately warned Supreme Leader Khamenei that public fury over a recent bloody crackdown has eroded the 'wall of fear,' raising concerns that even a limited U.S. strike could embolden protesters and threaten the regime's stability, according to multiple sources familiar with high-level discussions.
The International Monetary Fund has issued a stark warning to Bahrain, stating the kingdom must urgently implement further fiscal reforms as its budget deficit hits 11% of GDP and public debt climbs to 134% of economic output.
