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Nigeria
May 17, 2024

Final financial investment choice on Nigeria-Morocco pipeline slips to early 2025

A last investment decision ( FID) on the NigeriaMorocco natural gas pipeline is anticipated in early 2025, according to the head of Morocco's nationwide hydrocarbon agency. FID...

United States
May 17, 2024

Federal regulators sign off Endeavor Global's repair work at Louisiana plant

U.S. federal regulators said on Tuesday that they are satisfied Venture Global LNG is trying to correct faults at its heat recovery steam generator (HRSG) at its...

United States
May 17, 2024

Why are meme stocks rallying again?

GameStop and AMC Entertainment have once again captured retail financiers' attention, similar to the. meme stock craze that gripped Wall Street three years back,. following social media...

South Korea
May 17, 2024

Stocks edge up, dollar down as PPI, Powell comments absorbed

Global stock indexes were somewhat greater and the U.S. dollar index was lower on Tuesday as financiers absorbed Stronger-than-expected U.S. producer costs data and comments from Federal...

China
May 17, 2024

Putin to discuss Ukraine and energy with Xi in China

Russian President Vladimir Putin will go to China on May 1617 for discussions with Xi Jinping about the dispute in Ukraine as well as deepening energy and...

Spain
May 17, 2024

Repsol in speak to offer a slice of its renewable service, sources state

Spanish oil business Repsol remains in settlements to sell a stake in its renewable energy unit, a relocate to assist money its tactical strategy through 2027, according...

Brazil
May 17, 2024

Petrobras shares fall after fuel sales injured incomes

Shares of Brazil's. staterun oil firm Petrobras fell around 2% on. Tuesday after it published worsethanexpected results for the. Quarter, injured by less profitable fuel sales. In...

United Kingdom
May 17, 2024

Brazil's Eletrobras partners with GEP on green hydrogen

Brazil's Eletrobras , Latin America's largest energy, has actually signed a. memorandum of understanding with Green Energy Park (GEP) to. study chances for green hydrogen production, the...

United States
May 17, 2024

Gold gains back ground as dollar, yields slip post United States PPI data

Gold prices rebounded on Tuesday, assisted by a pullback in the dollar and Treasury yields after data showed U.S. producer costs increased more than anticipated in April...

Australia
May 17, 2024

BHP boss appeals to Anglo investors after bid rejections

BHP President Mike Henry said that Anglo American investors need to think about the merits of his company's quote for its smaller sized Londonlisted competitor, looking for...

United Kingdom
May 17, 2024

Kazakhstan opens tough argument on 2025 OPEC+ oil quotas

Kazakhstan opened on Tuesday a thorny debate on OPEC+ production levels, stating it believed it must be allowed to pump more oil in 2025, when all current...

China
May 17, 2024

Summer season 2023 was the most popular in 2,000 years, research study says

Last summer season, as wildfires swept across the Mediterranean, roads buckled in Texas and heatwaves strained power grids in China, it was not simply the hottest summer...

Africa
May 17, 2024

Nigeria launches mineral resources website for investors

The Nigerian federal government on Tuesday released an info website where investors can access details of its mineral resources, centers and infrastructure, according to a statement from...

Africa
May 17, 2024

Ivory Coast loses 22% of power production due to outages, market group states

Unplanned outages at Ivory Coast's primary independent power manufacturers have reduced readily available power supply by 22%, with electrical energy cuts anticipated for the rest of the...

Italy
May 17, 2024

Italy's Snam gets 200 mln euro ESG loan to remodel gas pipeline

Italian gas grid operator Snam protected a 200 million euro ($ 216 million) loan linked to environmental, social and governance goals (ESG) from state lender CDP to...

Turkey
May 17, 2024

Turkey, Azerbaijan reach deal on Turkmen gas shipments, minister states

Turkey has actually reached an agreement with Azerbaijan to provide natural gas from Turkmenistan to Turkey by means of Azerbaijan and Georgia, Turkish Energy Minister Alparslan Bayraktar...

Ukraine
May 17, 2024

Ukraine's DTEK loses 90% of capacity, prepares to bring back most by winter

Ukraine's largest personal energy company DTEK has lost about 90% of its power generation capability due to Russian rocket attacks in recent weeks, however plans to restore...

Germany
May 17, 2024

Deals of the day-Mergers and acquisitions

The following bids, mergers, disposals and acquisitions were reported by 1330 GMT on Tuesday: ** Anglo American laid out plans on Tuesday to refocus on energy transition...

United States
May 17, 2024

Tesla is sued over emissions from California plant

Tesla has been sued by an environmental not-for-profit that implicated Elon Musk's electric cars and truck business of breaking the federal Clean Air Act hundreds of times...

United States
May 17, 2024

GameStop strikes 2021 high as return of 'Roaring Cat' revives meme stock mania

Shares of retail darlings GameStop and AMC more than doubled on Tuesday after posts from Roaring Kitty Keith Gill raised chatter about the return of the central...

United States
May 17, 2024

US provides conditional $1.66 billion loan to hydrogen manufacturer Plug Power

The U.S. Energy Department on Tuesday stated it has offered a conditional loan guarantee of up to $1.66 billion to Plug Power Inc to assist it develop...

Japan
May 17, 2024

Anglo American explores De Beers IPO as part of separation, sources state

Anglo American is checking out a going public of its diamond organization De Beers, two individuals acquainted with the matter told on Tuesday, with one flagging London...

South Asia
May 17, 2024

Siemens' India arm to list energy organization into separate entity

India's Siemens Ltd. said on Tuesday it will demerge its energy service. into a separate listed entity to concentrate on core businesses that. meet the demands of...

Africa
May 17, 2024

Inaugural Africa tidy cooking top sees $2.2 bln promised

A push to offer clean cooking alternatives for the more than 1 billion people in Africa who presently rely on fuels such as charcoal and wood has...

United Kingdom
May 17, 2024

CME copper premium to LME bring in metal shipments to US

Copper producers and traders are shipping more metal to the United States to benefit from higher costs for CME futures compared to London Metal Exchange (LME), according...

United States
May 17, 2024

United States natgas costs turn unfavorable in Texas once again on pipeline upkeep

U.S. area gas costs in Texas averaged listed below zero for Tuesday for the 4th time this month and the 17th time given that March as pipeline...

Africa
May 17, 2024

Anglo American checks out De Beers IPO as part of split, sources state

Anglo American is exploring a going public of its diamond service De Beers, 2 individuals acquainted with the matter informed on Tuesday, with London the preferred location,...

United States
May 17, 2024

What are Biden's new tariffs on China products?

President Joe Biden is treking tariffs on $18 billion in Chinese items including electrical lorries, batteries, semiconductors, steel, aluminum, crucial minerals, solar batteries, shiptoshore cranes, and medical...

Nigeria
May 17, 2024

Shell examines smoke near Gbaran oil facility in Nigeria

Oil major Shell is examining reports of smoke early Tuesday near its Gbaran Ubie oil and gas facility in Nigeria's seaside Bayelsa state, a spokesperson said, after...

China
May 17, 2024

Indonesia adds nickel parks worth almost $40 bln to strategic strategy

Indonesia's outbound federal government has included 16 programs to its list of tactical jobs that will get state support, including five commercial parks for nickel processing, authorities...

Iraq
May 17, 2024

Iraq's Garraf oilfield seen producing 200,000 bpd in 2024 -Japex.

Iraq's Garraf oilfield is anticipated to produce a record 200,000 barrels each day (bpd) this year, equity partner Japan Petroleum Exploration ( Japex) said on Tuesday. Garraf's...

United States
May 17, 2024

Weak Asia refining margins see swing to crude from the Americas: Russell

The profit from turning a barrel of petroleum into fuels in Asia is at the lowest in seven months, which is leading refiners to turn away from...

Germany
May 17, 2024

Tesla strike in Sweden heats up as nation's largest union signs up with fray

Sweden's biggest union on Tuesday threw its weight behind a sixmonthold strike by mechanics at Tesla, intensifying a dispute the notoriously unionshy company is confronting with a...

Poland
May 17, 2024

Economy scars citizens in run-up to EU election

The northern French port of Dunkirk, riding an industrial miniboom thanks to a. statebacked financial investment push, is a showcase for President. Emmanuel Macron's belief that fighting...

Hong Kong
May 17, 2024

World shares rest near record highs ahead of United States inflation data

World shares marked time on Tuesday, holding just shy of record highs ahead of extremely anticipated U.S. inflation information, while Japanese bonds were squeezed as the reserve...

United States
May 17, 2024

Biden sharply treks US tariffs on billions in Chinese chips, cars

U.S. President Joe Biden on Tuesday revealed a package of steep tariff boosts on an array of Chinese imports consisting of electrical vehicles, computer system chips and...

United States
May 17, 2024

Clean Energy and Maas Energy Works to build RNG dairy production plants

Renewable resource firm Clean Energy Fuels said on Tuesday it will collectively establish sustainable natural gas (RNG) production plants at dairy farms throughout seven states in the...

South Asia
May 17, 2024

India's Shree Cement Q4 revenue beats view on strong sales volume

Shree Cement, India's thirdlargest cement maker by market capitalisation, reported a biggerthanexpected fourthquarter revenue on Tuesday as lower cement prices assisted increase volumes. Cement makers typically report...

Australia
May 17, 2024

EUROPE GAS-Prices edge up on geopolitical issues

LONDON, May 14 - Dutch and British wholesale gas prices were up slightly around twelve noon on Tuesday as the marketplace kept track of the escalation in...

Kuwait
May 17, 2024

China-Gulf free trade talks stall on Saudi commercial program, sources say

Settlements between China and an Arab bloc for an open market agreement have stalled over concerns by Saudi Arabia that low-cost Chinese imports could undermine its aspirations...

China
May 17, 2024

A US-China EV trade war threatens Biden's clean-car agenda

The Biden administration's. plan to slap heavy brand-new tariffs on Chinese electric cars and. batteries would offer short-term defense for U.S. vehicle jobs,. potentially at the cost...

Ukraine
May 17, 2024

Kids come down to the bunker at Ukraine's first underground school

Two instructors met them with a smile at the steel door, and down the concrete staircase the mom and child clattered, hand in hand, through another blast...

China
May 17, 2024

Copper strikes highest because April 2022 as funds track technical signals

Copper costs clawed to the greatest in more than two years on Tuesday as speculators, following technical signals, brushed aside reports of weak physical demand in leading...

Serbia
May 17, 2024

Seed-dropping drones seek to stop Kosovo's logging

A hovering drone drops linden and pine seeds wrapped in soil onto a barren hillside outside Kosovo's capital Pristina, part of an effort to reforest thousands of...

India
May 17, 2024

The water tanker motorists who keep 'India's Silicon Valley' Bengaluru going

Basavaraj, a water tanker driver in India's tech hub Bengaluru, has to leave home by 6:30 a.m. each day to collect enough water for his customers, who...

United States
May 17, 2024

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Automaker Stellantis will begin to offer electrical vehicles (EV) from its Chinese...

Scandinavia
May 17, 2024

Equinor And Petoro Indication Asset Swap Arrangement In Haltenbanken Area

Equinor ASA: * EQUINOR AND PETORO HAVE ENTERED INTO VALUE-NEUTRAL PROPERTY SWAP AGREEMENT IN HALTENBANKEN AREA * EQUINOR AND PETORO HAVE ENTERED INTO A VALUE-NEUTRAL ASSET SWAP...

Climate Change
May 17, 2024

Nations make late quote to salvage EU's nature law

A group of 11 countries, led by Ireland, has actually made a lastditch attempt to approve the EU's flagship policy to bring back damaged nature, in the...

China
May 17, 2024

Biden dramatically hikes US tariffs on billions in Chinese chips, automobiles

U.S. President Joe Biden on Tuesday unveiled a package of steep tariff boosts on an variety of Chinese imports consisting of electrical automobiles, computer chips and medical...

United States
May 17, 2024

What are Biden's brand-new tariffs on China items?

President Joe Biden is hiking tariffs on $18 billion in Chinese goods consisting of electrical cars, batteries, semiconductors, steel, aluminum, crucial minerals, solar batteries, shiptoshore cranes, and...