Shell Doubles Q2 Profit on Strong Trading, Boosts Share Buyback Amid Market Volatility
Shell reported adjusted Q2 2026 earnings of $9.84 billion, more than doubling year-on-year, driven by robust LNG and oil trading and higher commodity price
Market-moving news and intelligence across global energy markets.
Shell reported adjusted Q2 2026 earnings of $9.84 billion, more than doubling year-on-year, driven by robust LNG and oil trading and higher commodity price
Capital Clean Energy Carriers Corp. (CCEC) exceeded Q2 2026 earnings per share estimates, driven by strategic LNG fleet expansion and a new bunkering joint
Expand Energy reported robust Q2 2026 results, exceeding expectations with strong cash flow and net income, while strategically acquiring Twin Eagle Holdin
Expand Energy, North America's largest natural gas producer, acquires Twin Eagle for $1.25 billion, creating a leading integrated natural gas company.
Baker Hughes takes a 5% equity stake in Argent LNG, signaling a strategic pivot from equipment supplier to direct investor in a major Louisiana LNG export
GE Vernova reports robust Q2 2026 results, driven by significant orders in Power and Electrification, raising full-year revenue and free cash flow guidance
Magnolia Oil & Gas acquires WildFire Energy for $4.06 billion, significantly expanding its Eagle Ford/Austin Chalk acreage and production in South Texas.
ConocoPhillips acquires a 42% interest in BP Energy Company of Kirkuk Limited, boosting its presence in Iraq's producing oil fields.
Shell's $16.4 billion acquisition of ARC Resources is set to close, significantly expanding its Montney shale gas footprint and reinforcing its LNG Canada
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