Latest news

Canada
Jul 2, 2024

Canada's Hudbay Minerals to raise $300.2 mln in bought offer equity offering

Canadian copper miner Hudbay Minerals strategies to raise $300.2 million in an equity offering to aid fund nearterm growth initiatives at its Copper Mountain system to name...

Australia / New Zealand
Jul 2, 2024

Peru's 2024 copper target is practical, mining tycoons say

The Peruvian government's 2024 copper production goal of 3 million metric lots is practical, senior industry executives stated on Tuesday, as the country looks for to boost...

South America
Jul 2, 2024

Native Brazil neighborhood remains on flooded land in dispute with designer

Stranded for nearly 3 weeks by record flooding in southern Brazil, one small Indigenous community is determined not to leave what they think about sacred ancestral lands...

North America
Jul 2, 2024

US to close Northeast gas reserve with 1 million-barrel sale

President Joe Biden's administration will offer almost 1 million barrels of gasoline in the U.S.-managed stockpile in northeastern states as required by law, the Department of Energy...

North America
Jul 2, 2024

S&P 500, Nasdaq notch record closing highs, Treasury yields dip ahead of Fed minutes

Wall Street ended decently greater and U.S. Treasury yields dipped on Tuesday amidst the doldrums ahead of a vacation weekend and a lack of substantial market drivers....

United States
Jul 2, 2024

Oil executives to host Trump fundraiser in Houston

The leaders of 3 big U.S. oil companies will host a fundraising luncheon in Houston on Wednesday benefiting Donald Trump's governmental project, according to a copy of...

Asia / Pacific
Jul 2, 2024

First Canadian oil export cargo from broadened Trans Mountain pipeline set to load

Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first freight of crude oil from the recently...

Switzerland
Jul 2, 2024

Swiss parliamentary committee rejects European environment ruling

A Swiss parliamentary committee on Tuesday rejected a ruling by a leading European court that stated Switzerland had violated the human rights of its residents by not...

South America
Jul 2, 2024

Argentina's oil output strikes record high as YPF starts brand-new pipeline

Argentina's oil production in the key province of Neuquen reached a record high in April, driven by increased activity in the huge Vaca Muerta shale development, the...

South-West Asia
Jul 2, 2024

Firm structure QatarEnergy-Exxon LNG plant in Texas files for bankruptcy

The lead contractor building a Texas melted natural gas (LNG) plant for QatarEnergy and Exxon Mobil on Tuesday applied for Chapter 11 personal bankruptcy security, mentioning challenges...

North America
Jul 2, 2024

United States stocks eke out gains, Treasury yields dip ahead of Fed; crypto climbs up

Wall Street edged greater and U.S. Treasury yields dipped on Tuesday amidst the doldrums ahead of a vacation weekend and a lack of market catalysts to stimulate...

Singapore
Jul 2, 2024

Singapore Airlines flight hits serious turbulence, one passenger dead, lots hurt

One traveler passed away of a. believed cardiac arrest and 30 were hurt after a Singapore. Airline companies flight hit severe turbulence on Tuesday,. flinging guests and...

North America
Jul 2, 2024

Gold prices cool near record peak as dollar holds footing

Gold rates cooled near a record peak hit in the previous session on Tuesday as the dollar held ground, however survived at the $2,400 level on support...

Europe
Jul 2, 2024

Shell shareholders turn down investor climate resolution

Shell shareholders on Tuesday extremely turned down an environment resolution submitted by an activist group following a meeting punctuated by protests. In March, Shell damaged a 2030...

Mexico
Jul 2, 2024

Mexico deals with credit risk from greater deficits, more financial obligation, Fitch says

Mexico's next government, which will be chosen on June 2, is dealing with three primary risks to its sovereign credit score, including the possibility that larger financial...

United States
Jul 2, 2024

US state authorities urge votes versus directors as Exxon sues climate activists

A group of state financial officers and other public and labor leaders gotten in touch with Tuesday for major asset supervisors to vote versus leading Exxon directors,...

Western Europe
Jul 2, 2024

Aluminium strikes greatest in practically 2 years on supply issues

Aluminium rates struck an almost twoyear high on Tuesday, on track for the greatest oneday gain in four months due to issues about raw material supply and...

Europe
Jul 2, 2024

EU countries to talk about hurdles to stopping Russian gas, file shows

European Union nations' energy ministers will talk about next week the barriers they are facing to end their dependence on Russian natural gas, and think about asking...

Ukraine
Jul 2, 2024

EU countries want assessments on potential Russian LNG sanctions

EU countries will take weeks to work out the next set of sanctions against Russia for its war in Ukraine, EU diplomats say, though they broadly support...

Asia / Pacific
Jul 2, 2024

Solaris ends strategy to offer stake to China's Zijin Mining, points out federal government guidelines

Solaris Resources has ditched strategies to sell a minority stake to China's Zijin Mining Group due to the fact that it feared the deal was unlikely to...

West Africa
Jul 2, 2024

Ghana petroleum output hit five-year low in 2023, state committee says

Ghana's crude oil output fell to a fiveyear low in 2023 as production stalled in all fields, cancelling gains from brand-new wells, a state committee tracking petroleum...

Climate Change
Jul 2, 2024

Gas manufacturer Qatar sells $2.5 bln in green dollar bonds, IFR says

Major gas manufacturer Qatar has actually introduced a $2.5 billion two-part green bond, set income news service IFR stated on Tuesday. The Gulf Arab state has actually...

Brazil
Jul 2, 2024

New Petrobras CEO to carry out financial investment plan without surprises, minister states

The inbound chief executive of Petrobras will execute its financial investment plan with no surprise for investors, Brazil Mines and Energy Minister Alexandre Silveira said on Tuesday,...

Pacific Islands
Jul 2, 2024

Climate modification: little island states hail ocean court victory

A worldwide maritime court found on Tuesday that greenhouse gases make up marine contamination, a significant breakthrough for small island states threatened by the increase in water...

Environment
Jul 2, 2024

Singapore offers 30-year green bond, raising $1.9 billion

Singapore's government offered a S$ 2.5. billion ($ 1.9 billion) 30year green bond on Tuesday after. pricing at a yield of 3.30%, according to an announcement on...

Wind Farms
Jul 2, 2024

Archer Acquires Norwegian Floating Wind Solutions Provider

Oilfield services firm Archer has entered into an agreement with Remold Invest to fully acquire the floating offshore wind solutions provider Moreld Ocean Wind (MOW), including a...

Germany
Jul 2, 2024

BASF to pay $316 million to settle PFAS 'forever chemicals' United States suit

German chemical company BASF said on Tuesday it reached a $316.5 million settlement with some U.S. public water supply that declared harmful permanently chemicals in firefighting foam...

Mining
Jul 2, 2024

Macron heads to riot-hit New Caledonia as Australia, NZ leave tourists

French President Emmanuel Macron will take a trip to the Pacific island of New Caledonia late on Tuesday, his workplace said, simply over a week after riots...

Asia / Pacific
Jul 2, 2024

Billionaire prompts Russian companies to develop alternative to SAP software application

Billionaire Alexey Mordashov has proposed creating a Russian consortium to invest billions in establishing an option to the widelyused organization software application made by Germany's SAP, which...

Crude Oil
Jul 2, 2024

United States stocks mixed, Treasury yields dip ahead of Fed; crypto climbs up

Wall Street stocks were combined and U.S. Treasury yields dipped on Tuesday in the middle of the doldrums ahead of a holiday weekend and an absence of...

Nuclear Power
Jul 2, 2024

France available to Emirati investments in nuclear, AI, minister states

France is open to the United Arab Emirates buying its nuclear power and expert system markets, its financing minister stated on Tuesday, ahead of signing a tactical...

Asia
Jul 2, 2024

Malaysia to cut diesel aids, conserving $852 million yearly

Malaysia will start cutting fuel subsidies to strengthen its financial position starting with diesel, a move that will conserve about 4 billion ringgit ($ 852. million) every...

Asia / Pacific
Jul 1, 2024

US ITC probes ArcelorMittal grievance that VinFast breached aluminum patents

The U.S. International Trade Commission stated Monday it is investigating a grievance submitted by ArcelorMittal that Vietnamese car manufacturer VinFast breached its patents related to highstrength aluminum...

Azerbaijan
Jul 1, 2024

Uzbekneftegaz in talks over joining Shah Deniz gas task in Azerbaijan

Uzbek energy firm Uzbekneftegaz remains in talks with Azerbaijan's SOCAR over signing up with a task to establish Shah Deniz, the biggest gas field in the Azerbaijani...

Environment
Jul 1, 2024

UK court rules brand-new authorities powers to enforce conditions on protest are unlawful

Britain's government went beyond its powers by lowering the limit in 2015 for cops to enforce conditions on serene demonstrations, a relocation which would require more significant...

Australia / New Zealand
Jul 1, 2024

Saudi Ma'aden has drawn out lithium from seawater, CEO says

Saudi Arabian Mining Business Ma'aden has actually effectively drawn out lithium from seawater, although not at levels that are commercially feasible and its job stays at the...

Western Europe
Jul 1, 2024

Portuguese business eyes 2 lithium refineries in Iberia by 2030

A newlyestablished Portuguese company backed by a wealthy business corporation is wanting to construct two lithium refineries in the Iberian Peninsula by 2030, its chief executive said...

North America
Jul 1, 2024

Texas heat wave sends power need to all-time high for May

Power usage in Texas broke the record for the month of May on Monday and will likely top that high over the next week as homes and...

South-West Asia
Jul 1, 2024

Turkey, China talk about mining, nuclear, renewable energy throughout minister's see

Turkey's energy minister held talks with Chinese authorities and business on mining jobs, nuclear and renewable resource this week, his ministry said on Tuesday, and the 2...

North America
Jul 1, 2024

MISO anticipates to fulfill summertime demand, but flags risk to grid

Midcontinent Independent System Operator (MISO) said on Tuesday that it has adequate resources to satisfy summer season power need however flagged high danger to power on prospective...

Asia / Pacific
Jul 1, 2024

'Perfect storm' steers gold to another record high; silver jumps

Gold prices rose to an alltime high on Monday as a mixed drink of aspects from U.S. rate cut expectations, China's stimulus steps to geopolitical stress lifted...

United States
Jul 1, 2024

CalPERS to vote against Exxon board members

CalPERS, the biggest public pension plan in the United States, stated on Monday it would vote versus all Exxon Mobil board members at its approaching annual conference...

United Kingdom
Jul 1, 2024

Oil relieves 1% over stress over United States inflation, rate of interest

Oil rates eased about 1%. on Monday as U.S. Federal Reserve authorities said they were. waiting for more signs that inflation was declining before the. reserve bank...

East European Countries
Jul 1, 2024

Italy's foreign minister worried by seizure of UniCredit possessions in Russia

Italian Foreign Minister Antonio Tajani revealed issue at a conference on Monday about a. Russian court's decision to seize securities, accounts and. property amounting to 5% of...

Europe
Jul 1, 2024

Russian federal government tells loss-making Gazprom not to pay dividends for 2023

The Russian government on Monday advised stateowned gas giant Gazprom not to pay dividends for 2023, according to a decree published on its website, after the company...

Fossil Fuels
Jul 1, 2024

Putin says gas output increased over four months, oil decreased due to OPEC+ accords

President Vladimir Putin said on Monday that Russian gas output increased by 8% in the first four months of the year to 246.4 bcm. Putin, attending to...

Middle East
Jul 1, 2024

Iranian President Ebrahim Raisi, hardline ally of Khamenei, eliminated in helicopter crash

Iranian President Ebrahim Raisi, a hardliner viewed as a potential successor to Supreme Leader Ayatollah Ali Khamenei, was eliminated when his helicopter crashed in poor weather condition...

South Asia
Jul 1, 2024

QUOTES-Reactions to the death of Iran's president in a helicopter crash

Iranian President Ebrahim Raisi, a. hardliner long viewed as a possible follower to Supreme Leader. Ayatollah Ali Khamenei, was killed in a helicopter crash in. mountainous surface...

Argentina
Jul 1, 2024

Dubai mining firm plans to start Argentina lithium production next year

Dubaibased United Mining Projects Corporation (UMPC) prepares to start producing batterygrade lithium in Argentina next year, intending to provide 5,000 metric tons in 2027 and double that...

South America
Jul 1, 2024

Blazes in Brazil's Amazon off to record start in 2024, as firefighting budget plan cut

Brazil's Amazon rain forest has actually experienced its biggest blazes on record in the first four months of the year, with the environmental workers union on Monday...