India Energy Market Shift
Indian refiners see margin recovery while Shell adjusts gas guidance, as domestic equities rally on strong lender earnings and new infrastructure orders.
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- MARKETAIRT.O (AIRT.O)
▲ 37.45% close $29.62 from $21.55
- DATAJapan extends P11.54 billion loan to Philippines for health care reforms
The concessional financing targets service delivery and accountability upgrades, adding to a wave of international support for Manila's infrastructure and security needs.
Nairametrics - DATAMarico Q1 profit surges 25% on volume growth and quick-commerce tailwinds
Strong domestic sales and international expansion underpin the earnings beat, reinforcing the company's path toward its ₹15,000 crore FY27 revenue target.
Nairametrics - DATAMaharlika Investment Corp targets P3.3B 2026 earnings on higher deployment
Philippine sovereign wealth fund raises full-year profit outlook to P3.3 billion, citing accelerated capital deployment and new investment pipeline.
Nairametrics - MARKETIndia secures 2 million barrels of Nigerian crude for September delivery
The tender win underscores persistent demand from Indian refiners for West African light sweet grades, even as NNPC reports a sharp 35% drop in first-half profits.
Nairametrics - MARKETDAL.O (DAL.O)
▲ 5.68% close $91.75 from $86.82
- MARKETIndian Oil posts first quarterly loss in 15 periods as crude surge crushes margins
The state-run refiner's results underscore the severe pressure on India's oil marketing companies amid elevated input costs and softening fuel demand.
Brecorder - MARKETIndian shares set for higher open on global cues and foreign buying
GIFT Nifty futures point to a positive start for Indian benchmarks, supported by Wall Street strength and renewed institutional inflows.
Brecorder - MARKETDAL.O (DAL.O)
▼ 3.10% close $86.59 from $89.36
- EVENTAmpol and Viva Energy seek subsidy overhaul despite record refining margins
Australia's last two refiners argue for extended government support to maintain domestic fuel security, even as Middle East tensions drive profits to multi-year highs.
Livemint - MARKETDAL.O (DAL.O)
▲ 4.36% close $86.90 from $83.27
- DATAAnand Rathi sees broad earnings recovery, downplays oil spike risks
Founder cites Q1FY27 data for rebound thesis while noting geopolitical crude spikes are historically temporary.
Livemint - MARKETUK Treasury tax debate intensifies as Lineker urged to pay up
The row over high earners and public finance adds to political pressure on the government's fiscal strategy.
EconomyNext - ALERTSri Lanka Central Bank warns investors against illegal plantation schemes
Regulators urge media caution on advertisements as authorities crack down on informal investment vehicles promising unrealistic returns.
EconomyNext - UPDATEDelta Air Lines CEO says 2026 profit goal in reach as pricing power persists
The carrier's first-quarter earnings report sets a positive tone for the U.S. airline sector, with management confident in passing fuel costs to consumers.
Leadership - UPDATEDelta Air Lines CEO says 2026 profit goal in reach as pricing power persists
The carrier's first-quarter earnings report sets a positive tone for the U.S. airline sector, with management confident in passing fuel costs to consumers.
Leadership - MARKETPemex reserves-to-production ratio drops to 9.1 years as crude stockpiles shrink
Mexico's state oil giant faces a tightening supply window with five fields depleting, compounding concerns over its historic low drilling activity.
Leadership - MARKETOil majors brace for Q2 windfall as Strait closure pushes prices to four-year highs
Sustained supply disruption risk is translating into record revenue potential for integrated energy firms, with Exxon Mobil projecting a $5 billion profit jump.
Brecorder - MARKETDAL.O (DAL.O)
▼ 4.73% close $87.21 from $91.54
- MARKETSHEL.L (SHEL.L)
▲ 3.38% close $3011.00 from $2912.60
- EVENTShell trading profits surge as Middle East conflict disrupts gas flows
The energy major’s trading arm capitalized on widening commodity spreads, offsetting a sharp drop in physical gas production volumes.
Brecorder - EVENTShell trading strength offsets gas volume drop as Middle East tensions bite
The energy giant's integrated gas output is set to fall sharply in Q2, yet robust trading margins cushion the blow. Brent crude holds firm on persistent supply risk.
Brecorder - EVENTShell lifts Q2 gas output guidance despite Middle East disruption drag
The energy major's upward revision signals resilient LNG demand, though Q2 volumes will still fall sharply from Q1 levels as geopolitical headwinds persist.
Brecorder - DATAIndian shares set for higher open on lender earnings and Wall Street tailwinds
GIFT Nifty futures point to a positive start for Indian equities, supported by strong quarterly results from major lenders and renewed optimism on US rate cuts.
Brecorder - MARKETDAL.O (DAL.O)
▲ 4.41% close $90.42 from $86.60
- UPDATEKirloskar Oil Engines surges 20% on major data centre infrastructure order
Brokerages upgrade earnings outlook as the Indian industrial firm secures a significant contract with HyperNext, marking a strategic pivot into high-growth tech infrastructure.
Hindu_Businessline - MARKETIndian state refiners see fuel margins rebound above pre-conflict levels
Falling crude costs and lower excise duties are restoring profitability for India's state-run oil marketing companies, though rising debt remains a headwind.
Hindu_Businessline