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Spirax Group (LSE: SPX) shares fall 5.6% as unchanged 2026 outlook collides with higher investor expectations

Phillips 66, Kinder Morgan and HF Sinclair have approved the $5 billion Western Gateway Pipeline, a proposed 1,300-mile refined products network linking St. Louis and Gulf Coast supply points with Arizona and California markets by 2029. Representative image.

Phillips 66 owns 49.9% of Western Gateway but funds 71% of the new cash. Here’s why

Varex equals 24% of Teledyne’s imaging sales, but its margin is less than half as high

A resident subsea robot inspects offshore oil and gas infrastructure, illustrating how autonomous systems could reduce vessel dependence, offshore crew exposure and the cost of routine subsea inspection and maintenance. Representative image.

Offshore oil and gas is quietly replacing vessel days with subsea robots

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General news updates

Bab el-Mandeb blockade explained: How Houthi action could trap Saudi oil exports

Hormuz is already disrupted. Now the Houthis are targeting Saudi shipping through Bab el-Mandeb, placing the kingdom’s alternative oil route at risk.

July 20, 2026

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