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Nordic States
Jun 24, 2024

Oil refiner Neste says CEO Matti Lehmus will be stepping down

Finnish refiner Neste said on Monday its president and CEO Matti Lehmus would be stepping down and that the business was launching a hunt to discover his...

North America
Jun 24, 2024

REFILE-US stocks get at top of data-heavy week amidst believed yen intervention

U.S. stocks made headway on Monday and the yen surged in the middle of thought intervention as financiers started what promises to be an actionpacked week. All...

United States
Jun 24, 2024

Gold rises on softer dollar, United States Fed meeting in focus

Gold rates rose on Monday, assisted by a weaker dollar, as focus turns to the Federal Reserve's. policy meeting and U.S. nonfarm payrolls data due this week...

United Kingdom
Jun 24, 2024

International upstream sector set for deals worth $150 bln over rest of 2024, report says

The international upstream industry could see dealmaking worth another $150 billion throughout the remainder of the year, with focus moving to shale plays in U.S. other than...

United States
Jun 24, 2024

As solar capability grows, some of America's most efficient farmland is at risk

Dave Duttlinger's very first thought when he saw a thick band of yellowishbrown dust smearing the sky above his Indiana farm was: I alerted them this would...

East Africa
Jun 24, 2024

Flash floods, landslide kill a minimum of 45 in main Kenya

Flash floods and a landslide in main Kenya killed at least 45 people and hurt over 110 others on Monday as floodwaters swept away houses and vehicles...

Poland
Jun 24, 2024

Poland's Tusk calls prosecutor over prospective Orlen scandal

Poland's prime minister stated on Monday he had actually called the country's chief district attorney and secret services planner to discuss prospective links in between the former...

Venezuela
Jun 24, 2024

Experts, political leaders call for examination of Venezuela's use of cryptocurrency

Venezuela's usage of digital currencies, anticipated to increase after the United States ordered a winddown of oil handle the approved nation by May 31, will require higher...

South America
Jun 24, 2024

Vale, BHP offer $25 billion settlement for Mariana disaster; authorities look for more

Vale , BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal associated to reparations for the 2015 Mariana tailings dam burst, but...

United States
Jun 24, 2024

Copper hits two-year high, buoyed by BHP bid for Anglo

Copper prices skyrocketed to twoyear highs on Monday, driven by supply issues highlighted by BHP Group's bid for Anglo American, however indications of sluggish demand in leading...

Pollution
Jun 24, 2024

Plastic treaty talks behind schedule amid deadlock over production limitations

With the world still divided over how ambitious its first plastics treaty should be, nations are considering introducing a series of smaller sized meetings before a hopedfor...

Europe
Jun 24, 2024

EU market group downgrades steel demand projection for 2024 again

A European Union market group on Monday downgraded its 2024 steel demand outlook for the 2nd time in a matter of months, projecting development of 3.2%,. due...

Australia / New Zealand
Jun 24, 2024

Anglo under pressure to reveal strategies to fend off BHP as Elliott walkings stake

Anglo American faced calls from shareholders on Monday to information plans for improving its worth in order to fend off bidder BHP , as activist investor Elliott...

Africa
Jun 24, 2024

Nigeria's regulator begins assessment of Shell's onshore divestment in Niger Delta area

Nigeria's oil regulator on Monday commenced the examination of the divestment procedures of Shell's 75yearold onshore properties to Renaissance company, the new financiers. Shell in January announced...

Germany
Jun 24, 2024

German prosecutors launch probe into Wintershall Dea's sustainability reporting

German district attorneys have started an examination into Wintershall Dea on suspicions that the oil and gas company misrepresented its sustainability reporting. The Frankfurt public district attorney's...

Energy Markets
Jun 24, 2024

U.S. stocks gain at top data-heavy week in the middle of believed yen intervention

U.S. stocks followed their European equivalents higher on Monday and the yen rose amid presumed intervention as investors embarked on what guarantees to be an actionpacked week....

Asia / Pacific
Jun 24, 2024

Dependence purchases its very first Canadian crude from Trans Mountain pipeline, sources say

Reliance Industries has purchased 2 million barrels of Canadian crude from Shell for July shipment, marking the Indian refiner's first oil purchase from Canada's new Trans Mountain...

Saudi Arabia
Jun 24, 2024

Hedge funds retreat from oil as war danger fades: Kemp

Financiers sold oil at the fastest rate for more than six months in the middle of indications that Israel and Iran have actually selected not to intensify...

North America
Jun 24, 2024

Toronto market controlled as broad gains countered by resource losses

Canada's primary stock index cut gains after hitting its highest in over 2 weeks amid broader gains, while financiers awaited a week of business profits and the...

North America
Jun 24, 2024

With oil set to flow, what next for Canada's Trans Mountain pipeline growth?

Canada's Trans Mountain pipeline growth (TMX) is set to go into partial operation on May 1, years behind schedule and at more than 4 times the original...

Australia / New Zealand
Jun 24, 2024

Deals of the day-Mergers and acquisitions

The following quotes, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** India's Manipal Hospitals stated it will acquire an 87%. stake in Medica...

Colombia
Jun 24, 2024

Steps by Colombia stock exchange may enable it to stay in JPMorgan index -president.

Steps adopted by the Colombian stock exchange and securities companies to enhance liquidity could be enough for the country to hold onto its emerging market classification and...

Africa
Jun 24, 2024

Takeover rules to prevent Anglo from stating much on BHP bid at AGM

BHP's $39 billion quote will be the elephant in the room at Anglo American's. Tuesday yearly basic meeting, with guidelines implying little. can be stated about the...

Asia / Pacific
Jun 24, 2024

Two individuals pass away in southern India as heatwave burns area

At least 2 people have actually passed away in the southern India's state of Kerala of thought heat stroke, media reported on Monday, as the country battles...

United States
Jun 24, 2024

Ancora ratings in Norfolk Southern proxy battle with Glass Lewis recommendation

Ancora Holdings scored a triumph in its battle with Norfolk Southern on Monday when proxy advisory firm Glass Lewis suggested investors in the train change its CEO...

Nordic States
Jun 24, 2024

Norway's wealth fund fails on environment aspirations, NGO states

Norway's $1.6 trillion sovereign wealth fund, the world's largest, is falling short on its environment aspirations by stopping working to back numerous investor propositions pressing oil business...

North America
Jun 24, 2024

US natgas flows rise to 3-week high as Texas Freeport pulls in more fuel - LSEG

The amount of gas streaming to the 7 U.S. liquefied natural gas (LNG) export plants was on track to rise by about 5% to a threeweek high...

Asia
Jun 24, 2024

Bangladesh shuts schools once again without any let-up in heatwave

Bangladesh again closed all main schools across the nation and universities in nearly half of districts including the capital as a severe heatwave saw temperatures reach 43...

Mining
Jun 24, 2024

Gold slips as investors await United States data for more Fed clues

Gold prices relieved on Monday as investors waited on the Federal Reserve policy conference and U.S. nonfarm payrolls information due today for policy ideas. Area gold was...

Asia
Jun 24, 2024

Bangladesh again shuts schools due to heatwave

Bangladesh once again closed all primary schools throughout the country and educational institutions in practically half of districts consisting of the capital as a severe heatwave saw...

Mexico
Jun 24, 2024

In Mexico governmental debate, Galvez pursues frontrunner Sheinbaum

Mexico's main opposition presidential candidate Xochitl Galvez called her rival, frontrunner Claudia Sheinbaum, the candidate of lies during a preelection argument on Sunday and dared her to...

Asia / Pacific
Jun 24, 2024

South Sudan secures $12 bln oil-backed loan from UAE firm, UN report and documents show

A Dubaibased firm has agreed to lend South Sudan's government $12 billion in exchange for payment in oil, according to a copy of the deal's term sheet...

Asia / Pacific
Jun 24, 2024

MORNING quote AMERICAS-Yen bounces from 160 per dollar in busy Fed-led week

A look at the day ahead in U.S. and global markets from Mike Dolan A week jam-packed with significant market events began with some wild action in...

North America
Jun 24, 2024

WEC Energy to acquire bulk stake in Dallas solar task

U.S. electrical energy WEC Energy Group stated on Monday it will acquire 90% ownership stake in a solar task found near Dallas, Texas for about $459. million....

Germany
Jun 24, 2024

Thyssenkrupp rebuffs union claims regarding steel stake sale

Thyssenkrupp on Monday rejected allegations by labour representatives that it failed to adequately inform workers about its strategies to offer a stake in its steel unit to...

North America
Jun 24, 2024

Southern Co's long-delayed Vogtle system 4 nuclear reactor goes into commercial operations

Southern Co's Vogtle unit 4 nuclear reactor has gone into business operation after years of running behind schedule, the utility company's Georgia unit said on Monday. The...

Asia / Pacific
Jun 24, 2024

India's UltraTech Cement tops Q4 earnings view, sees moderate demand in financial 2025

UltraTech Cement , India's biggest cement maker by capacity, topped fourthquarter earnings approximates on Monday on strong sales volumes but said it expects need to moderate in...

United Kingdom
Jun 24, 2024

South Africa views BHP quote for Anglo as 'normal market activity'

South Africa views BHP Group's proposed bid for Anglo American as regular market activity and is following the procedure as it unfolds, President Cyril Ramaphosa's spokesperson said...

West Africa
Jun 24, 2024

Nigerian gas shortages deepen as NNPC comes to grips with products

Fuel shortages have worsened in Nigeria's significant cities, with long winding queues at fuel outlets on Monday, debilitating transportation and companies and highlighting state oil company NNPC...

Southern Africa
Jun 24, 2024

Namibia's NAMCOR indications deal with Chevron to develop overseas block

Namibia's national oil company (NAMCOR) has actually signed a development handle Chevron that will see the U.S. oil significant take an 80% operating working interest in an...

Asia / Pacific
Jun 24, 2024

India's Chennai Petroleum sees two year delay in building new 180,000 bpd refinery

India's Chennai Petroleum Corp Ltd will construct a 180,000 barrels per day (bpd) refinery at Nagapattinam in Southern Tamil Nadu State by the end of 2027, 2...

ASEAN Countries
Jun 24, 2024

Yen rises on thought intervention, shares climb up

The yen jumped against its peers on Monday after it slid previous 160 per dollar earlier in the session, with traders pointing out dollarselling intervention by Japanese...

Asia / Pacific
Jun 23, 2024

China's CMOC reports jump in copper and cobalt output

Chinese miner CMOC's. firstquarter copper and cobalt production was up by. 123% and 392% respectively, it said on Monday. The business, which mines copper and cobalt in...

Asia / Pacific
Jun 23, 2024

PetroChina profit boosted by more powerful gas sales and fuel demand

China's top energy manufacturer PetroChina published a 4.7% rise in firstquarter earnings on Monday assisted by growth in natural gas and a recovery in fuel demand. Net...

China
Jun 23, 2024

PetroChina profit enhanced by stronger gas sales and fuel demand

China's leading energy manufacturer PetroChina published a 4.7% increase in firstquarter earnings on Monday assisted by development in natural gas and a recovery in fuel need. Net...

ASEAN Countries
Jun 23, 2024

Philippines' PXP Energy eyes petroleum obstructs in non-disputed locations

Philippine petroleum business PXP Energy Corp will take part in a federal government auction of energy reserves in the nation's western and southern waters that are not...

Asia / Pacific
Jun 23, 2024

SK Innovation revenue tops forecast, battery system sees EV demand healing

SK Development said on Monday its SK On batterymaking unit is still on target to recover cost in the second half of this year after a. forecastbeating...

Asia / Pacific
Jun 23, 2024

Iron ore retreats on weak Chinese industrial data

Iron ore futures rates fell on Monday after weak industrial information in leading consumer China and the conclusion of preholiday restocking by steelmakers ahead of May Day....

Australia / New Zealand
Jun 23, 2024

BHP advisor canvassing financier views on enhanced Anglo bid, sources say

A consultant to BHP on its $39 billion Anglo American bid is seeking views from a few of its investors as the miner weighs making a. revised...

Energy Markets
Jun 23, 2024

Shares increase, yen surges on thought intervention

The yen jumped dramatically against its peers on Monday after it moved previous 160 per dollar previously in the session, with traders pointing out dollar-selling intervention by...