ExxonMobil Signals Soaring Refining Earnings as Downstream Boom Offsets Upstream Pressure

ExxonMobil’s preliminary third-quarter update has put refining front and center for investors. Higher refining margins are expected to add roughly $4.5 billion to downstream earnings compared with the second quarter—on top of the $4.1 billion the company already generated from refining in Q2. That surge comes even as upstream earnings face an estimated $1.3 billion […]

Continue Reading

Coal Making a Comeback: How Fast and How Long?

Europe’s remaining coal plants are generating unexpected profits while Asia burns more coal to fill an LNG gap created by Middle East disruptions. Global demand is heading for a record high in 2026. The rebound is real but uneven, largely temporary in the West, and more structural in Asia—until nuclear and cleaner alternatives scale meaningfully. […]

Continue Reading

Occidental’s Big Tease Sets the Stage for Earnings

Houston-based Occidental Petroleum (NYSE: OXY) delivered its customary pre-earnings operational and realizations snapshot on October 13, 2026, via an 8-K filing of “Third Quarter 2026 Earnings Considerations.” As Reese Energy Consulting noted in a LinkedIn post the same day, it functions as the trailer before the full movie—the formal Q3 results scheduled for after-market close […]

Continue Reading

NANO Nuclear and Quadrant Nuclear Industries Sign Memorandum of Understanding to Advance Domestic HALEU Fuel Supply

NANO Nuclear Energy Inc. (NASDAQ: NNE) and Quadrant Nuclear Industries, Inc. (QNI) announced on August 18, 2026, that they have entered into a non-binding memorandum of understanding (MoU) to collaborate on the future supply of high-assay low-enriched uranium (HALEU) fuel. The agreement aims to support advanced reactor deployments, strengthen the U.S. nuclear fuel supply chain, […]

Continue Reading

ConocoPhillips Announces Q2 2026 Earnings: Strong Beat on Higher Prices Amid Production Dip and Leadership Transition

Houston-based ConocoPhillips (NYSE: COP), the largest U.S. independent oil and gas producer, reported second-quarter 2026 results on August 6, 2026, that beat Wall Street expectations. Higher commodity prices more than offset a year-over-year decline in production, driving sharp gains in earnings and cash flow. The company also reaffirmed full-year guidance, doubled share repurchases, achieved a […]

Continue Reading