Latest news

Crude Oil
Jul 4, 2024

BP, Shell and EOG contend for acreage in Trinidad's oil and gas auction

Trinidad and Tobago got six bids from BP, Shell and US shale producer EOG Resources on four blocks to explore for oil and gas as its 2023...

North America
Jul 4, 2024

US storms kill a minimum of 21 across 4 states on Memorial Day weekend

Tornadospawning thunderstorms that swept the Southern Plains and the Ozark Mountains have killed at least 21 individuals throughout four U.S. states since Monday afternoon and wrecked numerous...

Pacific Islands
Jul 4, 2024

Caribbean leader blasts 'em pty' climate assures at little islands top

The president of this decade's top for Small Island Developing States on Monday blasted empty and grossly insufficient climate pledges, stating wealthy nations have failed to satisfy...

Spain
Jul 4, 2024

Morocco-Nigeria gas pipeline to start with Mauritania, Senegal - Minister

A pipeline that is prepared to link West African gas manufacturers Mauritania and Senegal to Morocco, would be the first stage in the bigger MoroccoNigeria gas connection,...

Refined Products
Jul 4, 2024

Oil increases 1% ahead of inflation information after downbeat week

Oil costs increased over 1% in muted trade owing to public holidays in Britain and the United States after a downbeat week characterised by the outlook for...

Africa
Jul 4, 2024

Guinea reduces 2024 development forecast to 4.2% from 5.4%, PM states

Guinea's development rate is anticipated to fall to 4.2% in 2024, lower than the 5.4% at first forecasted, Prime Minister Amadou Oury Bah stated in a speech...

Fossil Fuels
Jul 4, 2024

Solaria sees higher energy costs later this year, shares increase

Spanish photovoltaic panel maker Solaria stated on Monday it expected energy costs to recover for many years, which would assist the firm reach its 2024 profitability target....

Mexico
Jul 4, 2024

Mexico's Pemex crude oil exports drop 31% in April from year earlier, information programs

Mexican state energy company Pemex exported 681,000 barrels each day (bpd) of crude oil in April, a yearonyear decline of 31%, company numbers revealed, as production has...

Asia
Jul 4, 2024

Cyclone kills 16 in India, Bangladesh and cuts power to millions

Strong windstorms and heavy rain set off by the very first major cyclone of the year lashed the shorelines of India and Bangladesh on Monday, killing at...

United Kingdom
Jul 4, 2024

Yemen's Houthis state they assault three ships, two United States destroyers

Yemen's Iranbacked Houthis said on Monday they launched attacks on 3 ships in the Indian Ocean and the Red Sea, and two U.S. destroyers in the Red...

Environment
Jul 4, 2024

Paris wheat hits one-year high up on Black Sea crop outlook

Euronext wheat jumped 3% on Monday to its highest in more than a year as worries grew over Black Sea materials after minimized harvest estimates for Russia...

South-West Asia
Jul 4, 2024

Iran's near-bomb-grade uranium stock grows, talks stall, IAEA reports say

Iran is improving uranium to near weaponsgrade at a steady pace while conversations aimed at improving its cooperation with the U.N. nuclear guard dog are stalled, two...

Central America
Jul 4, 2024

Vulcan turns down Mexico's 'illegal expropriation' of its investments

U.S. building company Vulcan Products on Monday declined what it considers the illegal expropriation of its financial investments in Mexico and stated it stays open up to...

East European Countries
Jul 4, 2024

EU approves law to hit gas imports with methane emissions limit

European Union countries approved a law on Monday to impose methane emissions limits on Europe's oil and gas imports from 2030, pushing global providers to cut leaks...

North America
Jul 4, 2024

United States storms kill a minimum of 19 across 4 states on Memorial Day weekend

Tornado-spawning thunderstorms that swept the U.S. Southern Plains and Ozarks have actually killed a minimum of 19 individuals as of Monday early morning throughout four states and...

Asia / Pacific
Jul 4, 2024

Russia to develop Central Asia's very first nuclear power plant in Uzbekistan

Russia will develop a small nuclear reactor in Uzbekistan, the first such job in postSoviet Central Asia, Uzbek President Shavkat Mirziyoyev stated on Monday at a conference...

Asia / Pacific
Jul 4, 2024

Gold gains 1% as traders brace for crucial United States inflation information

Gold rates jumped 1% on Monday after a two-week low hit in the previous session as investors assessed decreasing bets of U.S. rate of interest cuts ahead...

Asia / Pacific
Jul 4, 2024

India's NALCO tops Q4 earnings approximates on lower input expenses

India's National Aluminium Business (NALCO) reported fourthquarter revenue above quotes on Monday, helped by lower expenses of crucial raw materials including thermal coal and bauxite. Its combined...

Asia / Pacific
Jul 4, 2024

Pakistan temperature levels cross 52 C in heatwave

Temperatures rose above 52 degrees Celsius (125.6 degrees Fahrenheit) in Pakistan's southern province of Sindh, the greatest reading of the summertime and near to the country's record...

Mining
Jul 4, 2024

Chinese market to look for probe into EU pork imports, Global Times reports

Chinese companies prepare to request that authorities open an antidumping investigation into imports of some pork items from the European Union, the statebacked Global Times paper reported...

Egypt
Jul 4, 2024

Egypt has to raise bread costs however will still be mainly subsidized, PM says

Egypt needs to increase the costs of bread, a necessary product that is heavily subsidised in among the world's most significant wheat importers, however it will still...

Asia / Pacific
Jul 4, 2024

EU clears law to increase domestic green tech production

European Union federal governments officially cleared on Monday a new law developed to guarantee the bloc produces 40% of its photovoltaic panels, wind turbines, heatpump and other...

United States
Jul 4, 2024

Russia to construct Central Asia's very first nuclear power plant in Uzbekistan

Russia will construct a little nuclear reactor in Uzbekistan, the very first such project in postSoviet Central Asia, Uzbek President Shavkat Mirziyoyev stated on Monday at a...

Asia / Pacific
Jul 4, 2024

China's April net gold imports through Hong Kong fall 38% m/m

China's net gold imports through Hong Kong slumped 38% in April from the previous month, Hong Kong Census and Stats Department data showed on Monday. The drop...

Energy Markets
Jul 4, 2024

Shares nudge greater as United States, EU inflation data loom

World shares firmed on Monday as financiers braced for a busy run of inflation information that might set the scene for a European rate cut as quickly...

Pacific Islands
Jul 4, 2024

Papua New Guinea landslide buried more than 2,000 individuals, federal government states

Papua New Guinea's huge landslide 3 days ago buried more than 2,000 individuals, the government said on Monday, as treacherous terrain hindered help and reduced hopes of...

Mining
Jul 4, 2024

Greece's Mytilineos prepares London dual listing

Greek industrial and energy group Mytilineos prepares a dual listing on the London Stock market and will invest 3.3 billion euros ($ 3.58 billion). in renewables jobs...

Asia / Pacific
Jul 4, 2024

Gold gains as focus turns to US inflation information

Gold costs increased on Monday, as investors examined decreasing bets of U.S. interest rate cuts ahead of a key inflation report due later on in the week....

China
Jul 4, 2024

India's robust LNG imports are Asia's standout, but higher rates might weigh: Russell

Asia's imports of liquefied natural gas (LNG) are showing contrasting characteristics in May, with strength in normally pricesensitive buyers like India, but a softer pattern in the...

Asia / Pacific
Jul 4, 2024

India's Adani Energy Solutions to raise as much as $1.5 bln

India's Adani Energy Solutions said on Monday that its board has approved a. fundraise of approximately 125 billion rupees ($ 1.50 billion). The power circulation company will...

East European Countries
Jul 4, 2024

NORDIC POWER-Forward prices acquire on lower water reserves, higher continental rates

Nordic forward power prices climbed up on Monday, supported by rising European energy rates and expectations of decreasing water reserves in the hydropowerreliant region. * The Nordic...

South America
Jul 4, 2024

Operations to ruin prohibited roadways in Colombia's Amazon struck grinding halt, sources state

Government determines to damage prohibited roadways around Colombia's Amazon rainforest are stalled, 8 sources told , with one operation suspended completely over concerns it might set back...

Portugal
Jul 4, 2024

Portugal's brand-new govt committed to developing offshore wind, minister says

Portugal's brand-new federal government is devoted to developing overseas wind energy and also sees repowering onshore wind farms and promoting solar projects, consisting of smallscale ones, as...

Indonesia
Jul 4, 2024

Indonesia's Pertamina seeks more June gasoil, jet fuel, sources state

Indonesia's Pertamina is seeking additional gasoil and jet fuel freights for June shipment after recent procurements, three sources said on Monday. The state energy business is wanting...

East Asia
Jul 4, 2024

VEGOILS-Palm oil closes lower as weaker Dalian competitors weigh

Malaysian palm oil futures fell on Monday for a second consecutive session as weak point in competing Dalian contracts and low trading volume weighed, though price quotes...

ASEAN Countries
Jul 4, 2024

Shares nudge greater as US, EU inflation information loom

World shares firmed on Monday as investors braced for a busy run of inflation information that could set the scene for a European rate cut as soon...

Caribbean
Jul 4, 2024

BP, EOG Resources in speak with collectively establish Trinidad gas field

Oil major BP and U.S. shale producer EOG Resources are in conversations to jointly develop a natural gas field off the coast of Trinidad and Tobago, the...

North America
Jul 4, 2024

Kentucky cautions of more serious weather after US storms eliminate 14

Kentucky governor Andy Beshear declared a state emergency early on Monday after tornadospawning thunderstorms swept the U.S. Southern Plains and Ozarks, eliminating at least 14 people and...

Australia
Jul 4, 2024

EUROPE GAS-Dutch prices firm as supply dangers stick around

May 27 - Dutch wholesale gas rates increased on Monday morning as better gas flows from Norway and windier weather projections failed to settle nerves over larger...

East European Countries
Jul 4, 2024

EU approves law to hit gas imports with methane emissions limitation

European Union countries authorized a law on Monday to enforce methane emissions limits on Europe's oil and gas imports from 2030, pressuring global providers to cut leaks...

Europe
Jul 4, 2024

Prices track wind generation and demand outlook

European spot power rates on Monday tracked higher demand and wind power supply expectations while French nuclear schedule also rose over the weekend. German baseload power for...

East European Countries
Jul 4, 2024

Ukraine to maximise energy import capability from EU on Monday

Ukraine plans to increase the quantity of electricity it imports from the European Union throughout some hours on Monday after recent Russian rocket attacks lowered the nation's...

Climate Change
Jul 4, 2024

South Korea, China, Japan joint statement after first summit in 4 years

The leaders of South Korea, China and Japan on Monday issued a joint statement covering cooperation in a variety of areas from trade to environment modification and...

Asia / Pacific
Jul 4, 2024

Iron ore dips as falling China need, high shipments weigh

Iron ore futures costs slid on Monday after some financiers and traders liquidated long positions to cash in profits on bets of failing consumption in the middle...

Asia / Pacific
Jul 4, 2024

Goldman Sachs expects oil need to keep growing until 2034

Goldman Sachs raised its global oil demand projection for 2030 on Monday and anticipates consumption to peak by 2034 on a prospective slowdown in electrical lorry (EV)...

Asia / Pacific
Jul 4, 2024

Gold recoups from two-week low as traders eye US inflation information

Gold costs drifted higher on Monday from a twoweek low hit in the previous session as traders assessed fading hopes of U.S. rates of interest cuts ahead...

Europe
Jul 4, 2024

Shanghai aluminium rises on alumina price surge, new energy need

Shanghai aluminium futures increased on Monday, buoyed by a cost rally in key basic material alumina and fastgrowing demand from the brand-new energy sector. The most-traded July...

Japan
Jul 4, 2024

RUBBER-Japan futures touch over 2-month high

* Japanese rubber futures rose for a fourth straight session on Friday to close at a more than two-month high, improved by firmer physical rates and more...

Mineral Resources
Jul 4, 2024

Cricket-Australia's Starc validates price tag in warning shot before World Cup

A sluggish start in the Indian Premier League put Mitchell Starc's record price under the microscope however the Australian allformats hero underlined his worth as he raised...

Africa
Jul 4, 2024

PREVIEW-South African election could spell completion of ANC supremacy

South Africans will vote on Wednesday with prevalent anger over power cuts, joblessness and corruption threatening to end the supremacy of the African National Congress, thirty years...