Bahrain’s EWA awards power contracts worth $177 million
Bahrain’s EWA awarded BD67.4 million ($177 million) in August contracts, with major work tied to new high-voltage grid substations in Sitra.
Bahrain power gridBahraini dinar (BD)USD
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IREN shares rise on reports of a potential Anthropic contract
IREN shares gained after a report pointed to a possible multiyear Anthropic deal as the company shifts Bitcoin-mining sites toward AI infrastructure.
IRENMicrosoftNvidiaBitcoin
TORM raises its full-year revenue and EBITDA guidance
TORM lifted its 2026 outlook, forecasting TCE of $1.70–1.9 billion and EBITDA of $1.30–1.5 billion as market strength persists.
TORM PLC
Zawya: Oman refinery output falls 2.4% to nearly 150m barrels
Oman’s refinery output fell 2.4% to nearly 150 million barrels in January-August 2026, while jet fuel and naphtha production increased.
Oman refined productsDieselJet fuelLPGNaphthaPolypropylene
Enovix tops third-quarter revenue estimates as defense demand accelerates
Enovix’s preliminary third-quarter revenue rose 38% year on year to $11 million, beating estimates as the battery maker expanded Korean capacity.
EnovixЛитий-ионные батареиОборонный сектор
Asian refiners secure November Saudi crude in spot deals, sources say
Asian refiners bought Saudi crude for November delivery through spot deals as security risks in the Strait of Hormuz disrupted tanker chartering.
BrentArab LightOman crudeDubai crude
Alphabet ramps up AI spending amid power deals and legal scrutiny
Alphabet expands AI and cloud investment, secures 3,590 MW in power deals and faces lawsuits, regulatory probes and a heavier debt burden.
GOOGGoogle CloudConstellationU.S. power marketWaymo
IREN scales back Bitcoin mining, pivots toward AI cloud services
IREN is reducing Bitcoin mining and expects to complete its exit by December while shifting its focus toward AI cloud services.
BitcoinIREN LimitedNASDAQ:IREN
Ameresco wins Columbia metering deal and completes Roseburg project
Ameresco won a $42 million Columbia, Missouri, metering contract and completed a Roseburg solar-and-storage project with more than 24 hours of backup.
AMRC
Hess Midstream to buy Chevron assets and cut shares by 40%
Hess Midstream will buy Chevron’s DJ Basin assets for $200 million, amend contracts and cancel Chevron-held shares, reducing outstanding stock by about 40%.
HESMChevronDJ BasinBakken
APA schedules November 5 call for its third-quarter results
APA scheduled its third-quarter call for November 5. Stephens kept an Equal-Weight rating and $24 target while highlighting downside risk.
APAUS oilInternational oil
Algorhythm launches Azure P2P and adds Greg Smith to board
TradingView’s weekly recap highlights Algorhythm’s Azure P2P biomass power system and Greg Smith’s appointment as an independent board director.
RIME
Independent Petroleum Group sees Q3 profit at about KD 3.9 million
Independent Petroleum Group expects third-quarter net profit of about KD 3.9 million, Reuters reported, citing the company’s statement.
Independent Petroleum Group KSCP
Enovix reports 38% preliminary Q3 revenue growth to $11.0 million
Enovix posted preliminary Q3 revenue of $11.0 million, above guidance, while announcing a $19 million investment to expand Korean capacity.
ENVX
Qinfa Group reports 107% rise in Q3 raw coal output
China’s Qinfa Group said raw coal production rose 107% to 2.9 million tonnes in Q3 2026, while coal trading volume climbed 198% to 2.1 million tonnes.
CoalQinfa Group
Russia’s Planned Diesel Release Is Unlikely to Ease Prices
Russia’s proposed 4.8 million tons of diesel equals about 35.8 million barrels, but analysts say the release is too small to materially shift global prices.
DieselMiddle distillatesFuel oil
Renault sees scope to lift French EV output by 50%+
Renault Group could expand electric-car output in France by at least half within 12 months, growth chief Fabrice Cambolive said on Monday, Reuters reports.
RenaultRNO.PA
Azad Engineering wins ₹52.68 crore BHEL turbine contract
Azad Engineering has secured a two-year BHEL contract worth about ₹52.68 crore to supply gas-turbine blades and airfoils through October 9, 2028.
Azad EngineeringBHELGE VernovaAzad Engineering shares
RWE reports share purchases under its employee programme
RWE said it bought 55,000 shares under its German employee programme between 5 October 2026 and 9 October 2026.
RWERWE.DE
Asian fuel oil premiums rise as supply risks return to focus
Asian fuel oil premiums climbed after attacks on Saudi Arabia, while timespreads and cracks strengthened as traders reassessed supply risks.
Singapore 380-cst HSFO0.5% VLSFOBrentDubai crudeRussian dieselFuel oil cracks