Latest news

Oil & Gas
Jan 9, 2025

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

India's top explorer Oil and Natural Gas Corp ONGC on Wednesday said energy major BP will act as technical service provider to help boost oil and gas...

Wind Farms
Jan 9, 2025

Van Oord Takes Delivery of Giant Offshore Installation Vessel Boreas

A brand-new offshore installation vessel Boreas has been handed over to Van Oord during a festive ceremony at the Yantai CIMC Raffles Offshore shipyard in China.The Boreas,...

Africa
Jan 8, 2025

Study documents termination hazards to world's freshwater types

Freshwater environments cover about 1% of Earth's surface area while representing more than 10% of recognized types. Like numerous marine and terrestrial ecosystems, however, they remain in...

Argentina
Jan 8, 2025

Argentina privatizes state metal company in Milei era

Argentina's government has privatized metallurgical firm IMPSA, the economy ministry stated on Wednesday, marking its first privatization considering that libertarian President Javier Milei took power just over...

Germany
Jan 8, 2025

Northvolt owners vote to remain running while seeking monetary rescue

The owners of Northvolt voted to continue operations on Wednesday, the business stated, while the Swedish electrical automobile battery maker scrambles to discover new backers and funding...

United States
Jan 8, 2025

Exxon slips after flagging weak fourth-quarter earnings on refining squeeze

Exxon Mobil shares fell almost 2% in early trading on Wednesday after the top U.S. oil manufacturer warned of a decrease in refining profits in the fourth...

Africa
Jan 8, 2025

Israeli strikes kill lots in Gaza in the middle of stepped up ceasefire push

Israeli military strikes across Gaza eliminated at least 27 individuals on Wednesday, Palestinian medics stated, as global arbitrators stepped up efforts to seal a. ceasefire and captive...

Mining
Jan 8, 2025

Gold ETFs drew first net inflow in four years in 2024, WGC says

Physically backed gold exchangetraded funds (ETFs) registered a modest net inflow of $ 3.4 billion in 2024, their very first inflow in 4 years, even though their...

United States
Jan 8, 2025

Oil trims gains on dollar strength, tight supplies offer assistance

Oil rates cut earlier gains on Wednesday as the dollar continued however strengthened to discover support from a tightening of materials from Russia and other OPEC members...

United States
Jan 8, 2025

Californian energy SoCal Edison shuts power to over 114,000 clients due to wildfire danger

Southern California Edison, a. subsidiary of U.S. utility Edison International that. operates in California, has cut power to more than 110,000. consumers to prevent damage to distribution...

France
Jan 8, 2025

2 quotes produced Glencore stake in New Caledonia's Koniambo Nickel

2 potential purchasers for Glencore's stake in mothballed New Caledonian nickel producer Koniambo Nickel SAS (KNS) have actually submitted offers following website sees late in 2015, KNS...

Norway
Jan 8, 2025

German gas imports drop 11% in 2024, more green power plants built

German gas imports fell by 11%. in 2024 compared to the year before, with Norway the biggest. supplier, while exports more than halved, the country's network. regulator...

Africa
Jan 8, 2025

Libya's eastern parliament authorizes transitional justice law in unity move, MPs state

Libya's easternbased parliament has actually approved a national reconciliation and transitional justice law, 3 legislators stated, a measure aimed at reunifying the oilproducing country after over a...

Africa
Jan 8, 2025

Zambia's currency stuck at record low as drought continues

Zambia's kwacha has struck a series of record lows given that the start of the year as a severe drought keeps the pressure strongly on the copperproducing...

Refined Products
Jan 8, 2025

Brent oil market structure tightens up on supply issues

The structure of the criteria Brent crude oil futures market on Wednesday reached its widest because August 2024, reflecting concern of tightening supply and expectations of a...

Climate Change
Jan 8, 2025

EU environment plans at danger from public financing gap, ECB paper reveals

The European Union threats falling considerably short later on this decade of the public funds it requires to achieve its climate objectives, a research study released by...

United Kingdom
Jan 8, 2025

Copper edges higher on fund purchasing, however tariff concerns cap gains

Copper costs made modest gains on Wednesday as some funds dipped into the market, however unpredictability about possible tariffs on the world's biggest metals consumer China kept...

South Asia
Jan 8, 2025

Indian criteria end flat as earnings worries counter gains in Dependence, TCS

India's benchmark indexes ended largely the same on Wednesday as concerns over slowing corporate revenues and the increasing possibility of fewer U.S. rate cuts balance out a...

Africa
Jan 8, 2025

Nigerian troops fend off Boko Haram ambush in Borno, kill 34 insurgents

The Nigerian armed force said on Wednesday its troops had actually eliminated 34 Islamist militants in a weapon Fight in northeastern Borno state and 6 soldiers had...

Canada
Jan 8, 2025

Japan's Seven & i deal associated to national security, economy minister says

Japanese economy minister Ryosei Akazawa said on Wednesday he believed a possible foreign acquisition of retail giant Seven & & i was a matter heavily related to...

Sweden
Jan 8, 2025

Renault cautions pooling CO2 emissions might compromise EU cars and truck market, requires clearness

French automaker Renault is devoted to complying With tighter EU guidelines on CO2 emissions this year, it stated believes automakers pooling their emissions could compromise the European...

United Kingdom
Jan 8, 2025

Gemfields asks Zambia to reverse emerald export tax

Coloured gemstone producer Gemfields has asked the Zambian government to remove a. just recently reintroduced 15% export tax on emeralds to avoid. hurting the sector. The southern...

Australia
Jan 8, 2025

Australia's Fortescue partners with China Baowu to tackle steel industry decarbonisation

Australia's Fortescue stated on Wednesday that it would partner with a. whollyowned subsidiary of China Baowu Steel Group, the world's. largest steelmaker, to deal with obstacles in...

South Asia
Jan 8, 2025

India slashes Nov gold imports by $5 bln in record commodity modification

India has actually slashed its November gold import quotes by an unmatched $5 billion, the biggest revision for any product in history, after mistakes in initial calculations...

China
Jan 8, 2025

Dalian iron ore extends losses on China stimulus disappointment

Dalian iron ore futures decreased for the fourth straight session on Wednesday, as China's most current stimulus steps left investors dissatisfied and steel market prospects stayed weak....

Philippines
Jan 8, 2025

Philippines encourages LNG importers to aggregate buying

The Philippines is encouraging importers of melted gas (LNG) to voluntarily aggregate purchases of the superchilled fuel in efforts to lower rates and improve market performances, government...

South Asia
Jan 8, 2025

One body recovered from flooded Indian mine as rescuers search for caught males

The body of a miner was recovered from a flooded coal mine in a remote district of India's northeastern state of Assam on Wednesday, two days into...

Switzerland
Jan 8, 2025

Swiss, Danish travelers amongst three dead in Australian airplane crash

A light airplane crashed near Rottnest Island off the Western Australian city of Perth killing 2 tourists from Switzerland and Denmark and the pilot, authorities said on...

United States
Jan 8, 2025

EU alerts of 'serious blow' from Trump on climate modification

Worldwide efforts to deal with climate modification will be dealt a severe blow if U.S. Presidentelect Donald Trump again pulls the country out of the Paris Agreement,...

United Kingdom
Jan 8, 2025

Metals trade in tight ranges in the middle of more powerful dollar and Trump policy unpredictability

London base metals traded in narrow varieties on Wednesday as the U.S. dollar held strong following robust economic information, and as financiers adopted a. ' waitandsee' method...

Hong Kong
Jan 8, 2025

Asia dollar bond volumes seen increasing 20% as China deals gather pace

Asian dollar bond issuance is expected to increase around 20% in 2025 over last year, driven by Chinese financial obligation offers and as U.S. rate of interest...

China
Jan 8, 2025

China becomes world's second-largest holder of lithium reserves, Xinhua reports

China's lithium reserves have increased from 6% to 16.5% of the worldwide total, making it the world's secondlargest holder of lithium reserves, state media reported on Wednesday....

United Kingdom
Jan 8, 2025

Oil increases on tighter OPEC supply, US jobs data

Oil prices increased on Wednesday as supplies from Russia and OPEC members tightened while data revealing an unanticipated boost in U.S. tasks openings pointed to broadening economic...

China
Jan 8, 2025

Iron ore extends falls on weak steel need, high port arrivals

Iron ore futures decreased for a fourth straight session on Wednesday, weighed down by weakening steel demand and a boost in port arrival volumes in leading customer...

United States
Jan 8, 2025

Alaska sues Biden administration over oil and gas leases in Arctic sanctuary

The U.S. state of Alaska has actually sued the Biden administration for what it calls offenses of a. Congressional directive to enable oil and gas advancement in...

Australia
Jan 8, 2025

Australia shares rebound as cooling inflation improves hope of February rate cut

Australian shares reversed course to trade sharply higher on Wednesday, as a key inflation print for November enhanced wish for a rate cut in February. The S&P/...

United Kingdom
Jan 8, 2025

Metals trade in tight ranges in the middle of stronger dollar and Trump policy unpredictability

London base metals sold narrow ranges on Wednesday as the U.S. dollar held strong following robust information, and as financiers adopted a waitandsee method after Presidentelect Donald...

Switzerland
Jan 8, 2025

Swiss, Danish travelers amongst three dead in Australian plane crash

A light airplane crashed near Rottnest Island off the Western Australian city of Perth killing 2 travelers from Switzerland and Denmark and the pilot, authorities said on...

United States
Jan 8, 2025

Oil costs up on tighter OPEC supply, US tasks information

Oil costs rose on Wednesday as products from Russia and OPEC members tightened, while data revealing an unanticipated increase in U.S. tasks openings pointed to expanding financial...

Oil & Gas
Jan 8, 2025

Suncor Hikes Up Fourth Quarter Production

Canadian oil and gas company Suncor said on Monday it saw higher upstream production and throughput at its refineries in the fourth quarter.The Calgary, Alberta-based company's upstream...

United States
Jan 7, 2025

Exxon Mobil signals Q4 incomes to drop versus prior quarter

Exxon Mobil signaled on Tuesday that weaker oil rates and refining results would reduce its fourthquarter earnings by about $1.6 billion from the previous quarter. The oil...

South Asia
Jan 7, 2025

China exports push Nippon Steel to seek growth in United States, India after blocked offer

Nippon Steel is poised to broaden its operations in the U.S. and India as it searches for development and security from cheap Chinese exports after its bid...

United Kingdom
Jan 7, 2025

Berkshire shareholder seeks committee to oversee AI at Buffett's company

A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with expert system at the dozens of companies in Warren Buffett's corporation. Tulipshare,...

United States
Jan 7, 2025

Venezuela's Maduro selects new PDVSA vice president, subsidiary chief

Venezuela's President Nicolas Maduro has actually appointed a brand-new executive vice president at state oil business PDVSA, and a brand-new head for the subsidiary that supervises the...

United States
Jan 7, 2025

Dollar weakness propels gold 1% greater, US data in focus

Gold rates climbed up 1% on Tuesday, assisted by a fall in the U.S. dollar and as China's reserve bank contributed to its gold reserves for a...

United States
Jan 7, 2025

JPMorgan ends up being newest U.S. lending institution to quit Net-Zero Banking Alliance

JPMorgan stated on Tuesday it was leaving the NetZero Banking Alliance, the current U.S. lending institution to give up the sector's biggest climate coalition amid rising U.S....

Canada
Jan 7, 2025

Lithium Americas raises reserve quote for Thacker Pass, designates brand-new CFO

Canada's Lithium Americas said on Tuesday it has actually raised the reserve price quote for the Thacker Pass lithium task and also appointed industry veteran Luke Colton...

South Korea
Jan 7, 2025

Regulator demands probe into Korea Zinc, Korea Economic Daily reports

South Korea's financial regulator has actually asked prosecutors to conduct an investigation into Korea Zinc over claims that its now scrapped strategy to provide brand-new shares involved...

Netherlands
Jan 7, 2025

Car manufacturers to pool CO2 emissions with Tesla, Mercedes to comply with EU 2025 guidelines

Stellantis, Toyota , Ford, Mazda and Subaru are planning to swimming pool carbon emissions with U.S. EV maker Tesla to adhere to European Union 2025 guidelines, an...

United Kingdom
Jan 7, 2025

Copper edges up with assistance from tariff bets, weaker dollar

Copper prices increased in London on Tuesday, with some buying set off by a weaker dollar and hopes that Presidentelect Donald Trump's proposed tariffs would be less...