ENERGY

Exxon Mobil plans to redomicile to Texas, aligning its legal base with operational hubs. The move supports long-term growth, with analysts optimistic about the company's strategic investments and shareholder returns.

The ASX 200 dipped slightly amid renewed Hormuz tensions and softer U.S. futures, affecting energy and resource stocks. Traders remain cautious as geopolitical uncertainties influence market sentiment.

Investors are evaluating BHP Group and Commonwealth Bank in 2026, considering sector-specific risks, growth prospects, and valuation metrics amid shifting economic conditions and global developments.

Sunrise Energy Metals' shares rose 14.14% as investor interest in its Syerston scandium project grows, driven by strategic partnerships and demand for critical minerals in aerospace and clean energy sectors.

Tesla shares rose 3.03% to $402.85, driven by positive electric vehicle market conditions and enthusiasm for its autonomous driving and energy storage innovations.

Crude oil prices surged over 4% due to geopolitical tensions and supply concerns, affecting global markets and potentially increasing consumer fuel costs.

NEW YORK — Texas Pacific Land Corp. remains one of the most distinctive investment vehicles in the energy sector in 2026, offering pure exposure to the Permian Basin through its vast royalty acreage and minimal operational costs. As of early June, with shares trading around $390, investors continue to debate whether the stock deserves a buy rating or if current valuations warrant caution.

Argan Inc. shares rose over 10% following record fiscal 2027 earnings, driven by AI infrastructure demand and a strong project backlog, highlighting its role in power plant construction.

Paladin Energy's shares rose over 11% due to strong uranium demand and production ramp-up at its Langer Heinrich mine, reflecting confidence in its growth as a key uranium supplier.

Fluence Energy's stock rose 29.45% due to increased demand for battery storage systems, reflecting investor confidence in the company's role in the renewable energy market.

Enlight Renewable Energy shows strong growth in 2026 with robust project execution and U.S. expansion, despite valuation concerns. Analysts remain divided, highlighting both potential upside and risks.

Nextpower Inc. shares rose 18% following its acquisition of Prevalon Energy, expanding into battery storage and AI data center markets, and raising its fiscal 2027 outlook.

Crude oil prices surged as US-Iran tensions near the Strait of Hormuz reignited fears of supply disruptions, impacting global energy markets and economic stability.

Australian households will see reduced electricity costs from July 1 as regulators cut default market offer prices, providing relief amid global energy market volatility due to Middle East tensions.

Australia is addressing fuel supply challenges due to Middle East disruptions, securing shipments from Asia and implementing measures to mitigate potential shortages and economic impacts.

Oil prices have surged due to Middle East tensions and supply constraints, with Brent crude surpassing $109 per barrel. The market remains volatile amid geopolitical risks and economic pressures.

Australia's fuel supply is strained due to Middle East conflict, causing record diesel prices and highlighting reliance on imports. Government measures aim to mitigate economic impacts.

Looking at the policy changes announced in the last 17 months by the Trump administration, one would think there is no such thing as climate change.

The Commonwealth Bank of Australia (CBA) has financed $230 million solar farm project at Whitsunday, Hamilton and Gannawarra solar farms.

The four largest banks of Australia invested more in global fossil fuel projects than in renewable energy in 2016, according to finance group Market Forces. Investment in fossil fuels – $10 billion cumulatively to expand non-renewable energy – outpaces that of clean energy by as much as three times.

Mining giant BHP Billiton has called for an “urgent” need to address a change in the power supply. As part of this, the company said large power generators should be “incentivised” to provide adequate baseload electricity in a short term.

Microsoft may be readying a few things for the Xbox One S. First up is two possible bundles for the console.

Google and D-Wave, a controversial quantum-computing firm, has collaborated to create an ultra-fast quantum computer at NASA's Ames campus in Mountain View, California.

Researchers at the University of California, San Diego has designed a new tool that can be used to remove drug-carrying nanoparticles from the blood stream of the recipient.

OPEC and non-OPEC members met in a meeting at its Vienna headquarters to discuss the risks associated with lowering oil costs.

A global call from campaigners on green earth urges billionaire Bill Gates to divest investment in fossil fuel.

Gogoro is a new energy infrastructure that could transform city transport in the near future.

France will build at least eight nuclear reactors in South Africa.

Russia has pulled out its troops from Ukraine, NATO said there still remained 1,000 troops on the ground.