Latest news

Asia / Pacific
Jul 16, 2024

Copper dips after China industrial information miss projections

Rates of copper opened lower this week after China's May industrial output data missed projections, while a firm U.S. dollar also weighed on the metal. Three-month copper...

China
Jul 16, 2024

China May unrefined steel output gets on improved need, strong exports

China's crude steel output in May climbed 8.1% from the previous month and was up 2.7% from the year before, data bureau data showed on Monday, thanks...

Crude Oil
Jul 16, 2024

Asia shares silenced on combined China information, euro pressure

Asian share markets were mainly softer on Monday as mixed Chinese economic news underlined the nation's bumpy recovery, while political uncertainty in Europe soured threat hungers and...

Asia / Pacific
Jul 16, 2024

Gold inches lower as firmer bond yields dent appeal

Gold prices edged lower on Monday, weighed down by greater U.S. Treasury yields, as market participants watched out for more financial information to assess when the Federal...

Asia / Pacific
Jul 16, 2024

Asia shares brace for China information, euro pressure

Asian share markets were mostly softer on Monday ahead of a variety of Chinese financial news, while political uncertainty in Europe soured risk cravings and kept the...

Belgium
Jul 16, 2024

Austrian minister defies coalition ally to back EU nature restoration law

Austria's environment minister, Leonore Gewessler of the Greens, defied her conservative union partners on Sunday by promising to cast Austria's vote in favour of embracing a European...

Europe
Jul 16, 2024

Serbia to give green light for Rio Tinto lithium mine, feet reports

Serbian President Aleksandar Vucic is preparing to provide Rio Tinto the thumbs-up to develop Europe's largest lithium mine two years after Belgrade aborted the job, the Financial...

Canada
Jul 16, 2024

Calgary declares state of emergency due to water distribution facility crisis

Calgary, the biggest city in Canada's main oilproducing province of Alberta, has actually stated a state of local emergency situation due to continuous repairs on the city's....

South America
Jul 16, 2024

Argentine oil union calls 48-hour strike that will impact Vaca Muerta production

Argentina's biggest oil union stated on Saturday it will strike for two days beginning Tuesday to require greater wages, a relocation that will impact production at the...

Asia / Pacific
Jul 16, 2024

Asia spot rates get on hot weather, Australia facility failure

Asian spot melted gas (LNG) prices increased to a sixmonth high this week on the back of cooling demand in India, greater projection temperature levels in northeast...

Saudi Arabia
Jul 16, 2024

Saudi mining minister to go to Chile in July, source says

Saudi Arabia's mining minister strategies to meet his Chilean counterpart in Santiago at the end of July to discuss possible financial investments in lithium, a Chilean federal...

Africa
Jul 16, 2024

UK's Noise Energy PLC offers Moroccan gas properties to Managem

UK gas company Noise Energy PLC offered its subsidiary, Sound Energy Morocco East Limited, to Morocco's largest mining business, Managem, the 2 business said on Friday. The...

Mining
Jul 16, 2024

South Africa's Ramaphosa re-elected as ANC strikes union deal

The African National Congress and its largest competitor, the whiteled, probusiness Democratic Alliance, agreed on Friday to work together in South Africa's brand-new government of nationwide unity,...

South America
Jul 16, 2024

Union at BHP copper mine in Chile accepts contract, averting strike

The union representing employees at BHP's Spence copper mine in Chile accepted a. agreement proposition by the company on Friday by a frustrating. margin, avoiding the threat...

South America
Jul 16, 2024

Brazil environmental agency workers vote to strike in 14 states

Staff at Brazil's. environment firm voted to strike in at least 14 states, their. union stated on Friday, threatening hold-ups to oil and gas. licenses, auto imports...

North America
Jul 16, 2024

CANADA-CRUDE-Heavy oil discount rate widens as refinery upkeep reported

The discount rate on Western Canada Select (WCS) heavy unrefined versus the North American benchmark West Texas Intermediate (WTI) expanded on Friday after reports that a major...

Electric Utilities
Jul 16, 2024

Carlyle explores sale of electric power producer Cogentrix, FT reports

PE firm Carlyle has hired advisers to explore a sale of Cogentrix that might value the North Carolinabased power producer at as much as $3 billion to...

Europe
Jul 16, 2024

S&P 500 ends lower, European stocks finish up most significant weekly loss of the year

U.S. stocks dipped, gold rose and European stocks suffered their greatest weekly loss of the year on Friday amidst cooling economic information, a hawkish Federal Reserve and...

United States
Jul 16, 2024

Oil dips, but posts weekly gain on strong 2024 demand outlook

Oil futures costs settled a little lower on Friday after a study showed weakening U.S. consumer belief, but rates increased 4% for the week as financiers weighed...

Asia / Pacific
Jul 16, 2024

Niger halts oil pipeline exports to China over Benin spat

Niger has shut off oil exports to China by means of its pipeline to Benin's coast, Oil Minister Mahamane Moustapha Barke Bako said on Thursday, deepening a....

South America
Jul 16, 2024

Petrobras CEO names brand-new management group with long history in state-run firms

The chief executive of Brazilian staterun oil business Petrobras, Magda Chambriard, has announced her brand-new management group, with the consultation of three directors with technical knowledge and...

Europe
Jul 16, 2024

S&P 500 dips, European stocks wrap up biggest weekly loss of the year

U.S. stocks dipped, gold rose and European stocks suffered their greatest weekly loss of the year on Friday amid cooling economic information, a hawkish Federal Reserve and...

Europe
Jul 16, 2024

Macron: France dealing with 'really serious' moment as reactionary and far-left lead polls

France is dealing with a very severe moment as parliamentary elections loom, said President Emmanuel Macron on Friday, with monetary markets rattled by the country's farright and...

South America
Jul 16, 2024

Mexican president states billionaire Slim wishes to join Pemex in gas task

Mexico's President Andres Manuel Lopez Obrador said on Friday that business owner Carlos Slim is interested in taking part in the nation's. first deepwater gas job, working...

North America
Jul 16, 2024

US drillers cut oil and gas rig count to lowest considering that January 2022 -Baker Hughes

U.S. energy companies today cut the number of oil and gas rigs running to the most affordable since January 2022, energy services firm Baker Hughes said in...

Peru
Jul 16, 2024

Peru eyes procedures to bring state oil firm from financial brink

Peru officials are looking at ways to assist cash-strapped state oil company Petroperu avoid personal bankruptcy or liquidation, Economy Minister Jose Arista told Congress on Friday, including...

United States
Jul 16, 2024

United States drillers cut oil and gas rig count to lowest given that January 2022 - Baker Hughes

U.S. energy companies today cut the number of oil and gas rigs operating to the lowest because January 2022, energy services firm Baker Hughes said in its...

Asia / Pacific
Jul 16, 2024

Copper drops on dollar and stocks; nickel hits two-month low

Copper prices slipped and nickel touched its most affordable in more than 2 months on Friday, pressured by a firm dollar and rising stocks that highlighted a...

Netherlands
Jul 16, 2024

ICC probes cyberattacks in Ukraine as possible war criminal offenses, sources say

District attorneys at the International Bad guy Court are examining alleged Russian cyberattacks on Ukrainian civilian infrastructure as possible war criminal offenses, four sources familiar with the...

China
Jul 16, 2024

Myanmar's Wa State to allow motion of tin focuses

Wa State authorities in wartorn Myanmar settled on Friday to permit tin concentrate stocks to be transferred out of the self-governing Wa State's. biggest mining region, a...

Environment
Jul 16, 2024

French wheat conditions stabilise but collect worries continue

Crop conditions for soft wheat in France were stable recently, information from farm workplace FranceAgriMer showed on Friday, however harvest prospects in the European Union's biggest producer...

Europe
Jul 16, 2024

Wall St dips and gold rises, topping a troubled week

U.S. stocks dipped and gold rose on Friday at the conclusion of a week stuffed with the evident contradiction of cooling financial data and a. hawkish Federal...

Environment
Jul 16, 2024

African, Inter-American advancement banks on $20 bln IMF reserve possession donor drive

The heads of the African and InterAmerican Advancement banks are touring The United States and Canada, the Middle East, Korea and Brazil in a bid to secure...

South America
Jul 16, 2024

Vibra-backed power company Comerc readies brand-new financial investments in Brazil

Brazilian power company Comerc Energia is gearing up for a brand-new investment cycle after investing 5.5 billion reais ($ 1.02 billion) in recent years to reach a...

North Asia
Jul 16, 2024

Russia's LNG industry and a possible EU restriction on re-exports

The European Union is thinking about imposing a restriction on reexporting Russian liquefied gas ( LNG) through EU ports, saying it would assist to minimize Moscow's. earnings....

Ukraine
Jul 16, 2024

Russia says Ukraine shells town of Sudzha through which gas flows to Europe

The guv of an area in western Russia stated on Friday that Ukraine had actually shelled several settlements including the town of Sudzha, the last functional transshipping...

Asia / Pacific
Jul 16, 2024

G7 pledges to drop fossil fuels much faster, but activists unimpressed

Leaders of the Group of 7 established democracies will dedicate to speeding up their transition away from fossil fuels during this decade, according to a draft of...

Nordic States
Jul 16, 2024

Swedish federal government states no to brand-new power cable television to Germany

The Swedish government has denied an application to construct a new subsea power connection between Sweden and Germany, the 700 megawatts Hansa PowerBridge job, because the German...

Nordic States
Jul 16, 2024

Equinor suspends UK North Sea Rosebank sale ahead of British election, sources say

Norwegian energy giant Equinor has suspended efforts to sell a stake in the giant Rosebank oil development in the UK North Sea due to financial uncertainty ahead...

Asia / Pacific
Jul 16, 2024

ICC probes cyberattacks in Ukraine as possible war crimes - sources

Prosecutors at the International Wrongdoer Court (ICC) are investigating alleged Russian cyberattacks on Ukrainian civilian facilities as possible war crimes, 4 sources knowledgeable about the case have...

South America
Jul 16, 2024

Ecuador to raise rate for most-used fuels as it cuts aids

Ecuador's federal government is set to raise the price of the nation's mostused kinds of gasoline as part of plans to cut fuel subsidies, the Economy Ministry...

Asia / Pacific
Jul 16, 2024

EU requires less expensive energy and better commercial policy to complete, Draghi says

Europe needs to decrease its energy prices, develop capital markets and have stronger commercial and trade policies to be competitive, former Italian prime minister Mario Draghi said...

Sweden
Jul 16, 2024

NORDIC POWER-Front-quarter prices set for weekly loss on lower area rates, damp weather condition

Nordic frontquarter power prices fell on Friday and were poised for a weekly decline, hurt by lower area rates and wetter weather report in the hydropowerreliant region....

Asia / Pacific
Jul 16, 2024

BMW electric Mini threatened with greatest EV tariff from EU, source says

BMW's allelectric Mini made in China is set to be hit by the highest EV tariff of 38.1%. under the EU's provisional strategies, a source knowledgeable about...

Ukraine
Jul 16, 2024

The Russian attacks that have actually pounded Ukraine's power centers

Russia renewed a campaign of aerial attacks on Ukrainian energy facilities in March, which Kyiv states has actually knocked out half of its power producing capacity and...

Crude Oil
Jul 16, 2024

European stocks fall on French political threats

European stock indexes dropped on Friday as French possessions took a battering from political turmoil, and the careful state of mind looked set to continue on Wall...

Energy Markets
Jul 16, 2024

Europe's right wing swing may stall energy shift momentum: Maguire

Gains by right wing celebrations in the current European Parliament elections may stall the advancement of a multitude of renewable resource tasks throughout Europe. Populist, nationalist and...

United States
Jul 16, 2024

Oklahoma outperforms competing states in energy shift progress: Maguire

Oklahoma may be much better called a topfive manufacturer of oil and natural gas within the United States, however its energy sector is fast becoming a shining...

East Asia
Jul 16, 2024

India's Rajasthan starts remembering some batches of MDH, Everest spices

India's western state of Rajasthan has started recalling some batches of popular MDH and Everest spices, which were found to be hazardous for consumption, a. leading authorities...

Australia / New Zealand
Jul 16, 2024

Canada's Neo Performance Products releases tactical review

Canadian rare earths business Neo Efficiency Materials said on Friday it would be undertaking a comprehensive tactical evaluation, which might include a sale, divestiture, merger or other...