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Central Asia
May 20, 2025

Kazakhstan's oil production rises 2% this May, defying OPEC+

A source in the industry said that Kazakhstan's oil output increased by 2% during May. This is a significant increase, which defies the pressure of OPEC+ to...

Canada
May 20, 2025

Ukraine wants G7 to lower price cap on Russian oil to $30 per barrel

Andriy Sibiha, the Ukrainian Foreign Minister, said that Ukraine wanted the Group of Seven Advanced Economies to lower its price limit on Russian oil shipped by sea...

United States
May 20, 2025

17 injured in fire at Chevron platform off Angola

In a joint statement, the Angolan government and Chevron said that 17 people, including four serious injuries, were injured when a fire broke in the early morning...

United Kingdom
May 20, 2025

Shell CEO, re-elected, responds to BP question by saying bar for deal is high

Shell shareholders re-elected Andrew Mackenzie as Shell's Chair and Wael Sawan as its CEO on Tuesday. When asked about a possible deal with rival BP, Wael Sawan...

United Kingdom
May 20, 2025

Copper falls as tariff uncertainties counteract weaker dollar and China stimulus

The copper price fell on Tuesday, as concerns about the growth of demand and its impact due to U.S. Tariffs overshadowed support from a lower dollar and...

Italy
May 20, 2025

Enel: Italian electricity bills will include extra costs for licenses

Enel, Italy's biggest power provider, announced on Tuesday that the electricity bill will include extra costs for utilities in order to obtain licence extensions. Last year, the...

South Asia
May 20, 2025

India's April infrastructure output growth hits eight-month low

India's infrastructure production grew by 0.5% in April, the slowest rate in eight months. The decline in crude oil prices and refinery products was to blame, according...

Scandinavia
May 20, 2025

Sandvik, a Swedish company, aims to save $103 million annually

Sandvik, a Swedish manufacturer of metal-cutting equipment and mining equipment, said it aimed to save 1 billion Swedish crowns (about $103.3 million) annually by 2030. The company...

United States
May 20, 2025

Sources say that US-led peace negotiations could increase Rwandan processing Congo minerals

Three sources said that Congolese minerals, such as tungsten tantalum, and tin which Kinshasa accuses Rwanda of exploiting illegally, could be legitimately exported to Rwanda under the...

Norway
May 20, 2025

Orsted shares benefit from Equinor's US Offshore Wind win

The shares of Orsted, an offshore wind developer in Denmark, rose by 15% on Tuesday following the U.S. Administration's revocation of an order to stop work on...

United States
May 20, 2025

India's Hindalco exceeds its quarterly profit forecasts on the back of rising commodity prices

Hindalco Industries reported a fourth-quarter profit that was above analyst estimates on Tuesday. The surge in commodity price is largely responsible for this. The company's net profit...

United Kingdom
May 20, 2025

Gold prices fall as investors wait for more information on US tariff policy

The gold price fell on Tuesday, as the markets stabilized after Moody's unexpected downgrade of U.S. debt. Investors then focused their attention on further developments in Russia...

Malaysia
May 20, 2025

Prices of palm oil will range from 3,750-4,050 Ringgit before recovering amid trade tensions

The Malaysian Palm Oil Council said that the price of crude palm oil is expected to fluctuate between 3,750 and 4,050 Ringgits in May, before recovering gradually...

United States
May 20, 2025

Clarios, a battery manufacturer, views the sites of a $1 billion critical minerals plant in the US

Clarios, the battery manufacturer owned by Brookfield, has been scouting sites for a critical minerals recovery and processing plant worth up to $1 billion in the U.S....

United States
May 20, 2025

ConocoPhillips CEO: US shale will plateau if current oil prices remain in range.

ConocoPhillips CEO Ryan Lance stated on Tuesday that U.S. shale production will plateau if oil prices stay where they are and will begin to decline when oil...

Israel
May 20, 2025

Israeli strikes kill dozens of Palestinians in Gaza as criticism grows

Local health authorities reported that Israeli air strikes in Gaza killed at least fifty Palestinians on Tuesday. Israel is continuing its bombardment, despite increasing international pressure for...

Singapore
May 20, 2025

UAE's Mubadala Energy, Pupuk Indonesia sign initial gas supply deal

A spokesperson for Mubadala Energy in the United Arab Emirates said that Mubadala Energy had signed an initial contract to supply gas to Indonesia's state fertiliser manufacturer...

Germany
May 20, 2025

OMV Chief Stern will not run for a second term

The company announced on Tuesday that Alfred Stern, Chief Executive Officer of Austrian oil-and-gas group OMV, has decided to not run for reelection when his current term...

United States
May 20, 2025

VCI, Germany's chemical sector sales company, says that the first quarter of 2013 saw a 1.8% increase in sales.

VCI, the industry lobby, said that the quarterly sales of the German chemical industry increased by 1.8% compared to last year. This was due to higher demand,...

China
May 20, 2025

Iron ore gains are limited by a soft China data and resilient demand.

The price of iron ore futures rose on Tuesday, despite the fact that demand for steelmaking ingredients is expected to remain strong in the near term. However,...

United Kingdom
May 20, 2025

London Copper Prices Fall on Tariff Uncertainty

The copper price in London was slightly lower on Monday as initial excitement over the 90 day tariff truce, between the U.S.A. and China (the top consumer...

Canada
May 20, 2025

Ithaca Energy to purchase a $155 million stake in the Cygnus Gas Field from Centrica JV

Centrica, a British company, announced on Tuesday that Spirit Energy - its joint venture with German utility Stadtwerke Munchen GmbH - will sell to Ithaca Energy a...

Hong Kong
May 20, 2025

North and Central China is hit by heatwave

On Tuesday, temperatures above 40 degrees Celsius (104 degree Fahrenheit), scorched northern and central China. Authorities issued heat warnings to farmers and offered assistance to protect their...

India
May 20, 2025

Research shows that the global steel industry is lagging behind in green transition, as coal-powered production increases.

New research shows that 303 million tons of high-emitting capacity of blast furnaces are under development. This is especially true in India and China which are major...

Hong Kong
May 20, 2025

North and Central China is hit by heatwave

On Tuesday, temperatures above 40 degrees Celsius (104 degree Fahrenheit), scorched northern and central China. Authorities issued heat warnings to farmers and offered assistance to protect their...

United States
May 20, 2025

Wall Street Journal, May 20,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. TXNM Energy, a utility...

United States
May 20, 2025

Australia's opposition coalition is split after losing the election

After a crushing defeat in a recent national election, Australia's National Party split with its conservative coalition partner, the Liberal Party. The National Party cited policy differences...

Australia
May 20, 2025

Australia's central Bank cuts rates to a 2-year low of 3,85%

The central bank of Australia cut its cash rate on Tuesday by 25 basis points, to a new two-year low. It cited a bleaker global outlook as...

United States
May 20, 2025

Gold prices fall as optimism about a cease-fire between Russia and Ukraine reduces demand for safe-haven gold.

The gold price fell on Tuesday as the slightly stronger dollar and optimism about a possible ceasefire between Russia, Ukraine and Ukraine dampened investor interest in safe-haven...

Wind Farms
May 20, 2025

Norway Opens Bidding Round for Three Floating Wind Areas

The Norwegian government has launched a bidding process for three floating wind project locations at Utsira Nord area.The awarding of project areas for offshore wind and state...

Oil & Gas
May 20, 2025

ConocoPhillips Hires Subsea7 for FEED Work Offshore Norway

Subsea7 has secured a contract by the operator ConocoPhillips Skandinavia for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore...

Saudi Arabia
May 20, 2025

Saudi Arabia is poised to increase the summer crude burning for power as fuel oil costs rise

Analyst and trade sources say that Saudi Arabia will burn more crude oil this summer for electricity generation than it did last year as the country ramps...

China
May 20, 2025

Iron ore prices rise as traders assess resilient demand and soft China data

Iron ore futures traded in a narrow range on Tuesday as investors weighed the resilient demand for steelmaking ingredients near term against the subdued data from China,...

United States
May 19, 2025

Gold prices fall as optimism about a ceasefire between Russia and Ukraine reduces demand for safe-haven gold.

The gold price fell on Tuesday as the slightly stronger dollar and optimism about a possible ceasefire between Russia, Ukraine and Ukraine reduced investor demand for safe...

Japan
May 19, 2025

Asian stocks are rising as traders consider US debt and trade deals

Asian stocks rose Tuesday, while U.S. Treasury rates steadied. This gave the dollar a little breathing room as investors weighed the debt burden of the largest economy...

Singapore
May 19, 2025

In the Pertamina case, Indonesia contacts trading firms in Singapore

It was announced on Monday that the Indonesian Attorney General's Office had contacted a number trading firms in Singapore about a corruption probe involving Pertamina. In the...

China
May 19, 2025

Sources say that RPT-Shanghai Exchange is looking to open up domestic nickel contracts to foreigners in this year.

Two sources familiar with the matter have confirmed that the Shanghai Futures Exchange is looking at opening its domestic nickel contract to foreign investors in this year...

United States
May 19, 2025

Perpetua Resources has received the final federal permit to develop Stibnite Gold Project

The U.S. Army Corps of Engineers has issued the final federal permit to Perpetua Resources for its Idaho antimony-and-gold Stibnite Project. In March, President Donald Trump used...

United States
May 19, 2025

Treasury yields increase, dollar falls amid fiscal concerns following US downgrade

The dollar weakened on Monday as the yields of longer-dated Treasury bonds rose, amid worries about the U.S. government's debt and the tax cut bill following Moody's...

United States
May 19, 2025

State AGs oppose legal shield for Carrier Global during bankruptcy of PFAS

Seven U.S. States on Monday objected against the bankruptcy plan of fire protection company Kidde-Fenwal, claiming that it improperly tries to shield its owner Carrier Global's from...

France
May 19, 2025

The 'Choose France Summit' brings new investments of 20 billion Euros

The "Choose-France" business summit this year is expected to bring in 20 billion euros ($22.47billion) in new investments, said French President Emmanuel Macron. He announced projects in...

Argentina
May 19, 2025

Argentina's soybean crop could suffer'significant losses" after storms

The Buenos Aires grain exchange warned on Monday that Argentina's soybean crop for 2024/25 could be affected by "significant losses" due to recent storms in the northwestern...

Australia
May 19, 2025

Dollar downgraded as Treasury yields increase, dollar falls with focus on tax bill

The dollar eased, and the S&P 500 dipped on Monday as concerns over the U.S. government's debt and a tax cut bill grew following Moody's decision to...

China
May 19, 2025

A bipartisan group of US legislators introduces a bill to boost nuclear energy

On Monday, U.S. Senators from both major political parties introduced a measure to counterbalance China's and Russia's increasing influence over international nuclear energy development. Why it's important...

Australia
May 19, 2025

Codelco, a Chilean lithium producer, has partnered with Rio Tinto to form a new major lithium partnership

Codelco, a Chilean state-owned miner, announced on Monday that it will be partnering with Rio Tinto, the global mining giant, for its new Maricunga Lithium project. This...

United States
May 19, 2025

Brazil reforestation company re.green receives fresh funding in deal with BNDES and Bradesco

The Brazilian reforestation start-up re.green said it had received 80 million reais (about $14.13 million) from the state development bank BNDES. Bradesco was also a financial intermediary...

South Korea
May 19, 2025

Treasury yields are rising, stocks and the dollar are down, with focus on the tax bill and US downgrade

The yields on longer-dated Treasury bonds rose, while the global stock indexes fell and the dollar weakened Monday. This was due to concerns over a U.S. federal...

United States
May 19, 2025

Andy Home: Bearish funds turn away from volatile copper and towards aluminium

Fund managers have been hit hard by the price volatility that has resulted from U.S. tariffs on imports of copper. Since February when U.S. president Donald Trump...

United States
May 19, 2025

Republicans are hoping to push through Trump's tax cuts despite divisions

Republicans in the U.S. House of Representatives are trying to push President Donald Trump's tax bill through this week despite a long-running battle over tax breaks and...

Germany
May 19, 2025

Official French says Berlin and Paris have resolved their differences over nuclear energy

A French official confirmed a previous report that the new German government had signaled France it would no longer object to the EU treating nuclear energy on...