Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the country’s first drilling campaign targeting gas and hitting success last...
Gold prices fell by a significant amount on Friday as the Federal Reserve lowered rates in September. This was due to hotter than expected inflation data from...
California Coastal Commission voted against SpaceX's plan to double the number Falcon 9 rocket launches that the company can conduct from Vandenberg Space Force Base each year,...
China's crude output of steel fell to its lowest level in seven months in July. It was down 4% compared to June, extending a downward trend for...
Stocks in Asia recovered unevenly as higher than expected producer price inflation dampened the expectations of a rate cut at Federal Reserve's meeting in September, while U.S....
The price of oil rose on Friday, reaching a new one-week peak after U.S. president Donald Trump warned that there would be "consequences", if Russia refused to...
Rusal announced a net loss for the first half of its financial year on Friday as higher costs, increased interest expenses, and fluctuations in foreign exchange rates...
In the second quarter of 2010, another activist investor, Sachem Head Capital Management, reported that it had bought the stock. In a filing with the Securities and...
Bloomberg News reported Thursday that the Trump administration was in talks with Intel about the possibility of the U.S. taking a stake in the struggling chipset maker....
Empresas Copec, a Chilean conglomerate of industrial companies, reported a 21% decline in its second-quarter profits despite revenue exceeding expectations. The forestry giant is facing falling pulp...
Shell confirmed a report on Thursday by confirming that the planned overhaul of its gasoline-producing unit, at Norco's 231,827 barrels per day refinery in Louisiana, would start...
Warren Buffett’s Berkshire Hathaway announced on Thursday that it had made a new investment into UnitedHealth Group, after the insurer was targeted by many Americans who were...
Barrick Gold and Shandong Gold are the joint operators of Argentina’s Veladero Gold Mine. They want to add a $400-million project to a government scheme designed to...
According to a filing, a U.S. Federal Court approved on Thursday the rescheduling a long-anticipated sale hearing that was originally scheduled for next week. The hearing would...
Oil prices rose by about 1% Thursday, after U.S. president Donald Trump warned that "severe consequences would follow" if the talks he had with Russian President Vladimir...
Two people with knowledge of the situation said that Phillips 66 reduced the gasoline production at its 258,000 barrels per day Bayway refinery, located in Linden, New...
Donald Trump stated on Thursday that, he believes that Russian President Vladimir Putin is willing to make a deal and that sanctions against Russia played a part...
The Federal Energy Regulatory Commission announced on Wednesday that President Donald Trump has named David Rosner chairman. He had served as a member of the commission since...
On Thursday, hundreds of firefighters battled against wildfires in southern Europe. Some of the fires are believed to be deliberately set by arsonists. They were also stoked...
Gold prices fell on Thursday, as the dollar and Treasury yields rose due to hotter than expected U.S. inflation figures and a decline in unemployment claims. This...
India's Vodafone Idea on Thursday named insider Abhijith Kishore as CEO and reported a smaller-than-expected first-quarter loss as the telecom operator continued to benefit from the previous...
Citgo Petroleum, a U.S. refiner owned by Venezuela, reported a net profit of $100 million for the second quarter, compared to a loss of $25 million during...
Nayara Energy, a Russian-backed Indian refiner, said it was in contact with government officials and partners on Thursday to ensure the operational stability of its 400,000 bar...
Yulia Shvyrydenko, Ukraine's prime minister, ordered the review of all mining licences for strategic minerals on Thursday. This was part of an effort to aid the war-ravaged...
Official data released on Thursday showed that Zambia's copper production fell in the second quarter. This puts at risk a goal of increasing production to 1,000,000 metric...
Two people familiar with the matter have confirmed that India's Bharat Oil Corp, a state-run company, has awarded a 5-month tender to European trader Glencore for 10...
Copper prices fell on Thursday, as investors waited for clarity on various issues including tariffs and the Ukraine conflict, Chinese demand, and U.S. Interest Rates. The benchmark...
Kuwait's Health Ministry reported that 63 people suffered from methanol poisoning due to contaminated alcohol drinks over the past five days, with 13 deaths and 20 cases...
The company announced on Thursday that it has signed several deals for advanced nuclear energy, including power purchase agreement for fission and microreactors pre-ordered for its operations....
Three people familiar with the matter confirmed on Thursday that Indian state refiners are now contacting trading firms to inquire about purchasing Urals crude oil from Russia...
The FTSE 100 index was almost flat in Britain on Thursday, as gains in defence stocks were offset by declines in mining and energy shares. Investors also...
Malaysian palm futures ended lower on Thursday after four sessions of gains. Investors booked profits while an Indonesian industry group reportedly lobbied the government to postpone the...
A source familiar with this matter has confirmed that India's state owned miner IREL wants to work with Japanese and South Korean firms to begin commercial production...
An official reported on Thursday that at least 12 people are believed to be dead, and many more may have been trapped by sudden heavy rains in...
The Russian rouble weakened from a week-high on Thursday, falling to 80 per dollar. This was aided by the hope of positive U.S. - Russia talks this...
Investors paused the global stock rally on Thursday as they awaited the release of data from the U.S. Producer Prices later that day, which may reveal how...
The talks to create the first legally-binding treaty in the world to combat plastic pollution could end without a deal, as countries rush to find a possible...
Seven industry sources confirmed that Reliance Industries has been buying rare fuel oil from Hindustan Petroleum Corp., India's largest buyer of Russian oil. The purchase suggests that...
Gold prices fell on Thursday, despite expectations that the Federal Reserve will cut interest rates in September. This was due to a slight increase in the U.S....
The Congolese company sanctioned this week by the United States has "categorically rejected" allegations that it is linked to armed group and mineral smuggling within the turbulent...
An official confirmed on Thursday that militants in Pakistan's north-west carried out eight overnight gun-and grenade assaults against the police, resulting in six deaths. Police officer Mohammad...
On Thursday, an official from the Spanish government confirmed that a second volunteer firefighter, who had suffered severe burns in Spain's northern Leon Province while fighting a...
The broader refining industry is experiencing a decline in profits due to increased competition. However, a key segment of China’s petrochemicals sector will see its growth almost...
The Dutch and British wholesale prices of gas were lower on Tuesday morning due to signs of reduced gas demand. As temperatures eased, and wind speeds are...
Ampol, an Australian company, announced on Thursday that it will buy EG Australia (the local unit of British fuel station operator EG Group) for a sum totaling...
A leading trade group reported that India's palm-oil imports fell in July due to cancellations of import contracts. Meanwhile, soyoil exports soared by a third year, driven...
The premiums for benchmark oil prices are declining compared to those of future months due to the increased production in the Middle East, Latin America, and Europe...
The price of iron ore futures fell on Thursday, after the Chinese government suspended construction activities ahead of an upcoming military parade in Beijing. The January contract...
The Chilean miner Antofagasta reported a 60% increase in its core earnings for the first half of this year, thanks to higher production and prices paid by...
Nigeria's finance minister announced that the country has approved a plan to refinance its electricity sector debt of 4 trillion naira (2,61 billion dollars) to stabilize and...
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