Oil and gas firm Rhino Resources and its partners have spudded the Volans-1X exploration well in PEL85 license, offshore Namibia, using Odfjell Drilling-managed Deepsea Mira semi-submersible rig.Drilled...
According to the U.S. State Department the U.S. State Department reported that the U.S. State Department and the U.S. State Department announced on Friday an outline of...
Meta Platforms continues to push forward with its efforts to find outside partners who can help fund the massive infrastructure required to power artificial intelligent. In a...
Five sources familiar with the situation say that the Trump administration is in active discussions with Azerbaijan about the possibility of bringing this nation and other Central...
A U.S. Judge on Friday rejected in large part a request from top asset managers, including BlackRock, to dismiss a suit filed by Texas and twelve other...
The chief executive of U.S. oil company Chevron said that the company expects to resume its exports to the U.S. this month. This follows a limited license...
Sources said that despite the export ban, Russia may face gasoline shortages this August due to low stocks at home, a peak in seasonal demand, and repairs...
A Brazilian association of chemical companies, which includes large U.S. companies like ExxonMobil, Dow Chemical, and ExxonMobil, has expressed "deep concerns" about a U.S. Executive Order that...
Baxter International cut its profit forecast for 2025 and reported disappointing earnings on Thursday as the lingering effects of Hurricane Helene, and hospital fluid conservation continued to...
Barclays is the latest British lender that has quit the Net Zero Banking Alliance. The bank announced this on Friday. It argued that it was no longer...
U.S. Construction Spending dropped even further in June, mainly due to a sharp drop in expenditures on single-family homes projects as a result of rising mortgage rates...
On Friday, Prime Minister Ousmane sonko unveiled a plan to revive the economy of Senegal. He pledged to finance 90% through domestic resources in order to avoid...
Andres Musik, El Teniente’s general manager, said that Codelco had not yet contacted five workers who were missing at the Andesita Unit of El Teniente following a...
Gold prices rose by almost 2% on Friday, reaching a new high. Weaker-than-expected U.S. employment data increased expectations of lowered Federal Reserve rates, while fresh tariff announcements...
BYD’s vehicle production dropped 0.9% from a year ago in July, ending a 16 month growth streak which had catapulted BYD into the top spot for electric...
The global stock market remained negative on Friday, after weaker-than-expected U.S. employment data led markets to increase their bets that the Federal Reserve would cut rates. This...
Trade sources and LSEG data show that at least two ships loaded with Russian crude oil bound for refiners located in India were diverted due to new...
Imperial Oil, a Canadian oil company, reported a drop in its second-quarter profits on Friday. The fall was attributed to lower crude prices as well as a...
Dominion Energy beat its second-quarter revenue estimates and profit expectations on Friday, thanks to rising electricity demand in Virginia and South Carolina. The demand for electricity in...
The U.S. Copper prices stabilized on Friday, after the largest one-day drop in history the day before. Market participants continued to evaluate a surprise decision by U.S....
After several high-profile incidents that have eroded trust in the industry, dozens of carbon project developers want the registries who set standards for voluntary carbon markets to...
Enbridge, the Canadian pipeline operator, beat analyst's expectations for its second-quarter profits on Friday. This was boosted by earnings from newly acquired U.S. utilities and from its...
LyondellBasell's shares fell 2.5% on August 1, as it struggled to meet Wall Street's expectations for the second quarter profit. The chemical manufacturer was also struggling with...
The European Court of Justice on Friday ruled that carmakers like Volkswagen remain liable for using unlawful defeat devices, such as temperature-sensitive emissions software, even if the...
Exxon Mobil's second-quarter profit beat Wall Street estimates on Friday, as increased oil and gas production enabled the U.S. top oil producer to overcome lower crude oil...
According to Orano's CEO Nicolas Maes, the trade agreement between the European Union (EU) and the United States will not affect the company, because the U.S. government...
Gold prices were stable on Friday but are on track for a third successive weekly loss, due to a stronger dollar, and lowered expectations of U.S. interest...
Analysts say that China's refined output of copper is expected to reach a new record in 2025 as its giant smelting industry powers through the global shortage...
AIB Group anticipates a slower loan growth in 2019 due to a subdued lending environment to Irish small business and fewer renewable energy projects being funded by...
The iron ore futures price was little changed Friday, but set to lose weekly value as the expectations for more stimulus from China, the top consumer, for...
Nippon Steel revised its forecast on Friday for the full fiscal to a loss of 40 billion yen (266 million dollars) from a profit of 200 billion...
The oil prices were not much different on Friday, after having fallen more than 1% the previous session. Traders were digesting the impact of increased U.S. Tariffs...
State media reported that heavy rains caused flooding in the province of Dien Bien located in northern Vietnam. At least 14 people were killed or are missing....
The physical gold demand on key Asian markets has improved this week, as the price drop has sparked a renewed interest in buying. However, volatility is keeping...
Chongqing in southwest China, known for its cyberpunk cityscape and fiery hotpot restaurants, has been sweltering in temperatures exceeding 40 degrees Celsius. Locals have responded to the...
Interviews indicate that European governments are taking measures to reduce their dependence on the scientific data that the United States has historically provided to the world. They...
The copper market has the tariffs right, but the products are wrong. The copper market was surprised by President Donald Trump’s announcement that he would "address the...
Stella Qiu gives us a look at what the future holds for European and global markets. The deadline for tariffs has passed and Donald Trump has imposed...
Shell's second-quarter adjusted earnings, its definition of net profit, tumbled by almost a third on Thursday, dragged down by a drop in oil prices, but still easily...
French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The...
Gold prices were flat on Friday but on course for a loss this week as the pressure of a stronger dollar overshadowed support from trade uncertainties caused...
The price of iron ore futures was little changed on the Friday, but they were headed for a loss for the week as the expectations for more...
The oil prices remained unchanged on Friday, after dropping more than 1% the previous session. Traders were digesting the impact of the new U.S. higher tariffs which...
Industry sources claim that Indian state refiners stopped buying Russian crude oil last week, as the discounts have narrowed in this month. Donald Trump has also warned...
Trade sources say that Asia will increase imports of U.S. West Texas intermediate crude in the fourth-quarter after Middle East oil price increased and opened arbitrage window....
The Brazilian miner Vale announced on Thursday that its net profit for the second quarter of 2014 was down 24% from a year ago to $2.12 Billion,...
The Brazilian steelmaker Gerdau reported a 8.6% drop in its adjusted net profit for the second quarter of 2018, compared to last year. This was slightly lower...
As part of the recent agreement to reduce trade barriers and reset ties, Britain announced that the European Union would remove tariffs from key steel products as...
Edison International announced a decline in its second-quarter profits on Thursday as it struggled to deal with increased operating costs and investigations related to wildfires that occurred...
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