Latest news

Asia / Pacific
Jul 3, 2024

Glencore's Australia carbon storage task obstructed since of groundwater risk

A Glencore carbon capture and storage task in eastern Australia can not proceed because it might irreversibly harm groundwater used by farmers, a state federal government said...

United Kingdom
Jul 3, 2024

Countless Britons set for lower energy costs after 7% rate cap cut

Most British family energy costs will fall from July after regulator Ofgem cut its domestic cost cap by 7%, mainly thanks to a fall in wholesale energy...

South-West Asia
Jul 3, 2024

Saudi Aramco thinking about purchasing minority stake in Repsol's sustainable unit, Expansion reports

Statecontrolled oil business Saudi Aramco is interested in buying a minority stake in the renewable unit of Spanish oil business Repsol, paper Growth reported on Friday, pointing...

Asia / Pacific
Jul 3, 2024

China state stockpiler intends to buy up to 15,000 T of cobalt, sources state

China plans to buy up to 15,000 metric lots of cobalt metal from regional Chinese producers over the next couple of months for domestic stockpiles, 3 sources...

Australia / New Zealand
Jul 3, 2024

Rate-sensitive banking, home, tech stocks weigh on Australian shares

Australian shares ended lower on Friday after a broadbased selloff on Wall Street overnight as financiers pared back bets of U.S. rate cuts this year, dragging banking,...

North America
Jul 3, 2024

Solar strikes above its weight in powering US energy transition: Maguire

Solar farms produced less than 6% of the electrical power produced by energies in the United States in 2023, however that annual share greatly downplays the vital...

Asia / Pacific
Jul 3, 2024

Gold eyes biggest weekly drop in over 5 months

Gold rates struck a twoweek short on Friday, set for their biggest weekly loss in over 5 months, as rates of interest cut expectations started to dwindle...

Spain
Jul 3, 2024

Acciona Energia Total Capacity At End-March Up 14.9% YoY At 13,717 MW

Corporacion Acciona Energias Renovables SA: * SAID ON THURSDAY OVERALL CAPABILITY AT END-MARCH 13,717 MW, UP 14.9%. VS YEAR AGO * TOTAL PRODUCTION AT END-MARCH 7,028 GWH,...

Energy Markets
Jul 3, 2024

Asian stocks slide as rate concerns damage danger cravings

Asian stocks fell on Friday as strong U.S. financial data reinforced the possibility of interest rates staying higher for longer and the Federal Reserve taking its time...

Thailand
Jul 3, 2024

VEGOILS-Palm oil extends gains on demand hopes, weak Malaysian ringgit

Malaysian palm oil futures extended gains on Friday due to the weakness of the Malaysian ringgit and expectations of enhanced demand after the costs of rival soft...

Asia / Pacific
Jul 3, 2024

Copper treads water as financiers reassess recent rally

Copper rates were nearly unchanged on Friday, as traders and investors reassessed the sustainability of a recent red hot rally that pressed costs to a. record high....

Asia / Pacific
Jul 3, 2024

Blistering heatwave in India's Rajasthan kills nine

At least 9 people have died of suspected heat stroke in India's western state of Rajasthan, media said on Friday, with temperature levels anticipated to skyrocket even...

China
Jul 3, 2024

Iron ore heads for second weekly gain on China home stimulus

Iron ore futures rates rebounded on Friday and were heading for a 2nd weekly gain on the back of sticking around hopes of growing demand in leading...

Asia / Pacific
Jul 3, 2024

VEGOILS-Palm oil extends gains on weak Malaysian ringgit, demand hopes

Malaysian palm oil futures extended gains in early trade on Friday due to the weak point of the Malaysian ringgit and expectations of better demand after the...

East Asia
Jul 3, 2024

Japan's JERA warns it could change investment from Australia unless it gets govt assistance

Japan power generator JERA cautioned on Thursday it could consider liquefied gas purchases and investments in Asia, the Middle East and the United States if Australia fails...

Australia
Jul 3, 2024

Australian gas industry looks for policy repair work to enhance investment

Australia's gas market executives are seeking more steps to bring back an financial investment environment they state has been damaged by a series of state interventions to...

Asia / Pacific
Jul 3, 2024

Indian shares set for a muted start as United States information adds to rate cut concerns

Indian shares were set for a soft start on Friday, after notching up record highs in the previous session, as robust financial information in the U.S. moistened...

Energy Markets
Jul 3, 2024

REFILE-Asian stocks fall, dollar rises as rate cut wagers fluctuate

Asian stocks fell on Friday, while the dollar advanced as strong U.S. financial information strengthened the possibility of rate of interest remaining higher for longer and the...

Asia / Pacific
Jul 3, 2024

Guyana might reallocate gas areas if Exxon does stagnate job forward

An Exxon Mobilled oil consortium might need to choose by October whether it will proceed and establish a. large gas find off the coast of Guyana, the...

North America
Jul 3, 2024

Mexico's 'heat dome' has already killed dozens of individuals as hotter days loom

The severe heat smothering much of Mexico has actually killed lots of individuals throughout multiple states over recent weeks, the country's health ministry said in a report...

Mexico
Jul 3, 2024

Mexico's 'heat dome' has already killed dozens of individuals as hotter days loom

The severe heat smothering much of Mexico has actually eliminated lots of individuals throughout numerous states over recent weeks, the nation's health ministry stated in a report...

Asia / Pacific
Jul 3, 2024

Gold on track for first weekly dip in three as rate-cut bets diminish

Gold rose on Friday however was set for its first weekly drop in three weeks, as financiers lowered expectations of a U.S. rate of interest cut after...

Mineral Resources
Jul 3, 2024

Miners, banks drag Australian shares lower

Australian shares fell on Friday, took down by a broadbased decrease throughout the subindexes, and led by ratesensitive financials and mining stocks as metal prices slumped after...

Asia / Pacific
Jul 3, 2024

FOCUS-European car manufacturers require time, not tariffs, to fend off China competitors

Europe's automobile giants won't. have much time to restructure their operations and line of product. to compete with ascendant Chinese car manufacturers, and stiffer. tariffs will do...

Asia / Pacific
Jul 3, 2024

Guyana states it could reallocate gas locations if Exxon does stagnate job forward

An Exxon Mobilled oil consortium will need to choose by October whether it will proceed and establish a big natural gas find off the coast of Guyana,...

Europe
Jul 3, 2024

Appealing pipelines and fracking, Trump rakes in millions at Texas fundraisers

Republican governmental prospect Donald Trump raised 10s of countless dollars during a fundraising swing through Texas today, guaranteeing he would support the oil and gas industry by...

North America
Jul 3, 2024

Colonial pipeline stops some fuel shipment for maintenance

The Colonial Pipeline, the biggest improved fuel pipeline in the U.S., carried out system maintenance on Thursday that needed a short-term halt of some deliveries, the company...

Bahrain
Jul 3, 2024

Russia's Nornickel plans to build a PGMs refinery in Bahrain, source states

Russian metals huge Nornickel plans a joint task for building and construction of a platinum group metals (PGMs). refinery in Bahrain, a source knowledgeable about the matter...

Crude Oil
Jul 3, 2024

Wall Street topples as AI fervor moistened by rate jitters

U.S. stocks ended greatly lower on Thursday as enthusiasm over Nvidia's quarterly outcomes faded and robust economic data fueled concerns over tighter-for-longer monetary policy. U.S. Treasury yields...

North America
Jul 3, 2024

Mexico front-runner Sheinbaum aims to reform water-heavy farming sector

Claudia Sheinbaum, frontrunner in Mexico's presidential race, aims to overhaul water governance in the farming sector, the top user of the nation's limited supply, with a potential...

North America
Jul 3, 2024

Texas power need to break May record in heat wave on Friday

Power use in Texas was on track to break the record for the month of May on Friday for a 2nd time this week and could top...

Germany
Jul 3, 2024

Spain's Acciona alerts on incomes outlook

Spanish building and energy conglomerate Acciona said on Thursday that its core profits before interest, tax, depreciation and amortisation will grow less than formerly expected this year...

Western Europe
Jul 3, 2024

Deals of the day-Mergers and acquisitions

The following quotes, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Thyssenkrupp said its supervisory board approved an organized sale of 20% of...

Europe
Jul 3, 2024

Oil succumbs to 4th straight session on United States inflation jitters

Oil costs fell for a. 4th successive session on Thursday and settled at. multimonth lows as the prospect of higherforlonger U.S. rate of interest raised concerns around...

Western Europe
Jul 3, 2024

Australian shares succumb to 3rd straight day on Fed minutes; BHP drags (May 23).

Australian shares trimmed early losses but ended lower for a 3rd straight session on Thursday after minutes from the U.S. Federal Reserve's latest policy meeting called down...

United States
Jul 3, 2024

US gives Gulf LNG more time to construct Mississippi export plant

U.S. energy regulators approved Gulf LNG's ask for five more years till 2029 to build a proposed liquefied gas (LNG) export plant at the site of an...

East European Countries
Jul 3, 2024

Thyssenkrupp board approves partial sale of steel unit to billionaire Kretinsky

Thyssenkrupp on Thursday said its supervisory board approved an organized sale of 20% of the conglomerate's steel department to Czech billionaire Daniel Kretinsky in the face of...

North America
Jul 3, 2024

CalSTRS joins project against top Exxon directors

The California State Educators' Retirement System has actually voted versus reelecting Exxon Chairman Darren Woods and Lead Director Joseph Hooley, joining other public systems concerned the energy...

Spain
Jul 3, 2024

Spain's Repsol receives US license for Venezuela oil, gas projects -sources.

Spain's Repsol has got a license from the U.S. Treasury Department authorizing the energy business to continue and broaden its oil and gas organization in Venezuela, sources...

Crude Oil
Jul 3, 2024

Wall Street turns lower as AI fervor moistened by rate jitters

U.S. stocks turned negative on Thursday as interest over Nvidia Corp's quarterly outcomes faded and robust financial data sustained issues over higherforlonger financial policy. U.S. Treasury yields...

United States
Jul 3, 2024

Norfolk Southern to pay $15 million civil penalty, clean-up costs over 2023 Ohio derailment

Norfolk Southern accepted pay a $15 million civil penalty and $57.1 million in past government cleanup costs on Thursday, along with millions in future expenses to fix...

Asia / Pacific
Jul 3, 2024

W. Africa Crude-Angolan imports to China drop

Official information from China today showed Russia continues to be its top oil provider, including for April, as refiners cashed in on marked down shipments. A big...

France
Jul 3, 2024

Up to 50 firms seek United States oil licenses in Venezuela, official states

The U.S. has received up to 50 requests for private licenses from companies aiming to do service in Venezuela's oil industry, following the expiration of a basic...

Asia / Pacific
Jul 3, 2024

Hess-Chevron merger vote appears ripe for narrow approval

Hess Corp CEO John Hess has till Tuesday to stop a disobedience by investors over his handling of what could end up being one of the largest...

France
Jul 3, 2024

EDF targets over 10,000 hires in 2024, with 4,500 in nuclear sector

French power huge EDF strategies to hire more than 10,000 people in France on permanent contracts this year to satisfy their significant need for proficient workers, including...

United States
Jul 3, 2024

Gold slips to over one-week short on hawkish Fed, United States information

Gold was up to more than a week's low on Thursday, extending its decrease for a 3rd straight session, as investors grew concerned over U.S. rate cut...

Asia / Pacific
Jul 3, 2024

SQM expects to close Codelco lithium deal by May 31 due date

Chilean mining business SQM, the world's secondlargest lithium producer, anticipates to fulfill a. May 31 due date to complete a joint endeavor with staterun miner. Codelco, SQM's...

South America
Jul 3, 2024

Brazil's 3R and Enauta to follow Petrobras into Foz do Amazonas expedition

The oil company to be created from the merger of Brazil's 3R Petroleum and Enauta wishes to check out the Foz do Amazonas' basin if staterun company...

Electric Utilities
Jul 3, 2024

United States, Kenya offers and investments revealed as Ruto satisfies Biden

U.S. President Joe Biden and Kenyan President William Ruto on Thursday revealed investments in green energy, education and health manufacturing in the East African nation and a...

Chile
Jul 3, 2024

Lithium miner SQM swings to $870 million loss on sinking prices, tax ruling

Chilean mining group SQM, the world's secondlargest lithium manufacturer, swung into an $870. million net loss in the very first quarter, it stated on Thursday, hurt. by...