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Africa
Jun 19, 2024

Draft EIA study on Mozambique's 2nd FLNG factory beneficial

A second drifting liquefied gas (FLNG) factory for Mozambique would have very little negative effect on its sensitive surroundings, a draft ecological impact assessment (EIA) research study...

Middle East
Jun 19, 2024

ADNOC Trading snaps up June-loading Upper Zakum crude, tightens Mideast supply

The trading arm for Abu Dhabi National Oil Co (ADNOC) has purchased numerous Juneloading cargoes of Abu Dhabi's Upper Zakum crude in the area market, tightening up...

Saudi Arabia
Jun 19, 2024

Saudi's Feb crude exports edge up to 6.317 mln bpd

Saudi Arabia's crude oil exports in February edged as much as 6.317 million barrels daily (bpd) from 6.297 million bpd in January, data from the Joint Organizations...

Energy Markets
Jun 19, 2024

VEGOILS-Palm oil extends losing streak to end at least expensive in six weeks

Malaysian palm oil futures closed lower on Wednesday for a 4th straight session, slipping to their least expensive closing in six weeks, as competitive pricing of competing...

Western Europe
Jun 19, 2024

NORDIC POWER-Forward rates fall on lower European energy prices

Nordic power costs edged down on Wednesday, weighed down by lower continental energy rates, although decreasing water reserves in the hydropowerdependent region kept losses in check. *...

Fossil Fuels
Jun 19, 2024

Covestro: no due date to conclude ADNOC talks, will take the needed time

Covestro said on Wednesday that it is under no legal due dates to come to a. choice in talks with suitor Abu Dhabi National Oil Business. (...

Asia / Pacific
Jun 19, 2024

Russia remains in close contact with metals industry after sanctions, Kremlin says

The Kremlin on Wednesday said the Russian government remained in close contact with the metals market and was talking about different options following U.S. and British sanctions...

Asia / Pacific
Jun 19, 2024

Gold consistent as geopolitical problems counter firmer dollar, yields

Gold rates were constant on Wednesday, holding just below recordhigh levels as safehaven demand, sustained by geopolitical threats in the Middle East, balanced out the pressure from...

Mineral Resources
Jun 19, 2024

Base metals climb as supply worries balance out need issues

Base metals gained on Wednesday as supply worries offset need issues and the U.S. dollar moved from a fivemonth high. Three-month copper on the London Metal Exchange...

Australia / New Zealand
Jun 19, 2024

EUROPE GAS-Prices alleviate somewhat but supply risks stay

April 17 - Dutch and British wholesale gas prices reduced on Wednesday early morning but were still near their highest levels considering that January, as the marketplace...

Europe
Jun 19, 2024

German area down on more renewables, France up on need

European area power rates were mixed in Wednesday wholesale market trading, with Germany's down on projections for greater wind and solar generation and French prices up on...

Asia / Pacific
Jun 19, 2024

Japan Inc makes a restored U.S. push as China fears mount

Japanese business are significantly hitching their growth prepares to the United States, as concerns about Chinese need and Beijing's influence over supply chains prompt an obvious pivot...

Africa
Jun 19, 2024

Effect manager Acre raises $100 mln for African environment facilities

2 former BNP Paribas bankers have raised almost $100 million for a new fund which aims to open billions of dollars of funding for climatealigned infrastructure tasks...

Energy Markets
Jun 19, 2024

VEGOILS-Palm oil loses ground for fourth session, hits six-week low

Malaysian palm oil futures dropped on Wednesday for a 4th straight session, slipping to their lowest in six weeks, as competitive pricing of competitor edible oils weighed...

Nordic States
Jun 19, 2024

Nel States Further Developments Required To Increase Profitability

Nel ASA: * NEL ASA - EXTERNAL AND INTERNAL ANALYSES SUPPORT A MARKET VIEW THAT NUMEROUS GIGAWATTS OF ELECTROLYSER PROJECTS WILL REACH FINAL INVESTMENT CHOICE BEFORE 2025...

Asia / Pacific
Jun 19, 2024

Coral whitening afflicts most of Australia's Great Barrier Reef, report shows

Some threequarters of Australia's famous Terrific Barrier Reef is struggling with coral whitening, authorities said in a report on Wednesday, days after environment scientists cautioned the condition...

Australia
Jun 19, 2024

Australia grants loans to Alpha HPA, Renascor for important minerals projects

Alumina manufacturer Alpha HPA and graphite producer Renascor Resources will get aggregate A$ 585 million ($ 375.63 million) in loans from the Australian government under its critical...

Asia / Pacific
Jun 19, 2024

VEGOILS-Palm oil succumbs to 4th session to strike six-week low

Malaysian palm oil futures fell for a fourth straight session on Wednesday to hit their most affordable in six weeks, weighed down by weak need as competitive...

Asia / Pacific
Jun 19, 2024

REMEDIED (AUTHORITIES)- Japan's Nissan bets on solid-state batteries, gigacasting for next-gen EVs

Japan's Nissan Motor will start to produce solidstate batteries for electrical automobiles at scale by early 2029 and utilize big casting devices as it seeks to raise...

Asia / Pacific
Jun 19, 2024

Base metals slip as strong dollar, need concerns weigh

Many base metals were nursing losses on Wednesday, weighed down by a strong U.S. dollar and need issues amidst financial headwinds in leading metals consumer China. Three-month...

Australia
Jun 19, 2024

Australia's Rinehart takes stake in Lynas Rare Earths, shares leap

Australia's richest individual, Gina Rinehart, become a considerable investor in Lynas Uncommon Earths, the biggest manufacturer of uncommon earths beyond China, an exchange filing showed late on...

Asia / Pacific
Jun 19, 2024

Gold consistent as geopolitical dangers counter greater Treasury yields

Gold prices held stable on Wednesday as safehaven demand for bullion amid the Middle East conflict partly offset pressure from higher U.S. Treasury yields. BASICS * Area...

United States
Jun 19, 2024

British Service - April 17

The following are the leading stories on the business pages of British newspapers. has not verified these stories and does not guarantee their accuracy. The Times -...

North America
Jun 19, 2024

Valero shuts Tennessee small crude unit for work, sources say

Valero Energy Corp. shut the little crude distillation system (CDU) at its 180,000. barrelperday (bpd) Memphis, Tennessee, refinery on Monday for. a prepared overhaul, individuals acquainted with...

Australia
Jun 19, 2024

Australia's Rinehart takes stake in Lynas Rare Earths

Australia's wealthiest person, Gina Rinehart, become a considerable shareholder in Lynas Uncommon Earths, the biggest producer of unusual earths beyond China, an exchange filing showed late on...

ASEAN Countries
Jun 19, 2024

Offers of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on: ** Envestnet, a U.S. software application supplier with a market worth of about $3.5...

Europe
Jun 19, 2024

World leaders get in touch with countries to promptly validate U.N. ocean treaty

The European Union and the governments of 13 countries urged countries on Tuesday to prioritise the ratification of a U.N. treaty to secure the world's oceans from...

United States
Jun 19, 2024

Gold holds constant as geopolitical dangers counter rate cut issues

Gold rates held consistent on Tuesday, as safehaven need in the middle of continuous tensions in the Middle East offset rising expectations of less U.S. rate cuts...

Chile
Jun 19, 2024

Codelco CEO pledges to pursue community buy-in over lithium growth

Chile's staterun miner Codelco has actually made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief Executive Ruben...

Mining
Jun 19, 2024

Chile should pass permitting reforms to unblock investment, copper executives state

Chile's federal government needs to rapidly approve a proposal to improve allowing for the mining market to unlock and promote financial investment on the planet's. top copperproducing...

Mining
Jun 19, 2024

Copper retreats on frail Chinese factory information and firm dollar

Copper costs pulled back on Tuesday after factory data compromised in leading metals customer China and as decreased expectations of U.S. interest rate cuts strengthened the dollar....

South America
Jun 19, 2024

Peru copper production growth near 13% in February

Peru's copper production grew 12.7% in February to reach 216,752 metric lots, the country's. energy and mining ministry said on Tuesday. Peru is one of the world's...

Nordic States
Jun 19, 2024

Europe's STOXX 600 slides in wider market decrease on geopolitical jitters

Europe's primary stock index notched its biggest oneday drop in over nine months on Tuesday, with miners and banks leading losses, as investors avoided dangerous assets owing...

South America
Jun 19, 2024

Chile must pass allowing reforms to unblock investment: BHP

Chile's federal government requirements to quickly authorize a proposal to improve permitting for the mining industry to unlock and promote investment on the planet's. leading copperproducing nation,...

Asia / Pacific
Jun 19, 2024

Worldwide Commodities leaves out Russian nickel from its brand-new trading platform

UKbased Worldwide Commodities Holdings Ltd (GCHL) will decline nickel produced in Russia on its new spot trading platform due to be introduced later on this month, it...

Australia / New Zealand
Jun 19, 2024

EUROPE GAS-Prices increase further in the middle of Middle East, supply issues

LONDON, April 16 - Dutch and British gas rates rose even more on Tuesday afternoon amid concerns about tensions in the Middle East, U.S. LNG supply and...

Asia / Pacific
Jun 19, 2024

Russia may eliminate export task on gold

Russia is thinking about abolishing export responsibilities on gold, the director of the financing ministry's tax policy department said on Tuesday, as the nation looks for to...

Environment
Jun 19, 2024

UN looks for to raise $1 billion to increase help to Ethiopia

The United Nations on Tuesday said it was seeking to raise $1 billion to increase humanitarian aid to Ethiopia, which has actually been struck by conflict, dry...

North America
Jun 19, 2024

Barrick's gold production continues to route estimates

Canadian miner Barrick Gold on Tuesday reported lowerthanexpected initial gold production for the first quarter injured by planned maintenance at its mines. Barrick reported a total preliminary...

Asia / Pacific
Jun 19, 2024

United States authorities says IPR infringement still primary issue in China

U.S. Patent and Trademark Workplace Director Kathi Vidal stated on Tuesday that intellectual home rights (IPR) continue to be a primary concern for U.S. organizations in China,...

United States
Jun 19, 2024

Gold rally stops briefly on high United States Treasury yields, profit-taking

Gold prices fell on Tuesday, under pressure from high U.S. Treasury yields and as financiers locked in benefit from a rally that drove the valuable metal to...

Brazil
Jun 19, 2024

Eletrobras, Brazil's federal government near contract on state ballot power, report says

The Brazilian federal government believes it is near to an accord with Eletrobras over state ballot power in the energy company, the O Globo newspaper reported on...

East European Countries
Jun 19, 2024

Russia's Nornickel says brand-new Western sanctions raise danger of metals market disruption

U.S. and British sanctions troubled Russian nickel, copper and aluminium will even more boost cost volatility and supply unpredictability, Russian metalsproducing giant Norilsk Nickel stated on Tuesday....

North Asia
Jun 19, 2024

NORDIC POWER-Forward prices gain on below-normal rainfall outlook

Nordic forward power rates extended gains on Tuesday as rainfall levels were seen at below-normal levels in the hydropower-dependent region, with strong European gas and power markets...

Europe
Jun 19, 2024

French ups soft wheat location estimate, sees increase in sugar beet

France's farm ministry on Tuesday estimated the total soft wheat location in France at 4.39 million hectares, down 7.7% from 2023 and still at its second lowest...

Europe
Jun 19, 2024

Area costs jump with wind supply set to tumble as need increases

European timely power prices rose greatly with wind supply in Germany seen dropping to a. quarter of Tuesday's levels on Wednesday, while higher demand is. expected as...

Philippines
Jun 19, 2024

Scuba divers in the Philippines develop nurseries for rescued coral

A group of diving experts and enthusiasts are establishing coral nurseries in a popular dive area south of Philippine capital Manila to help in the proliferation and...

Western Europe
Jun 19, 2024

EUROPE GAS-Prices increase in the middle of Middle East concerns, Norwegian outage

LONDON, April 16 - Dutch and British gas costs rose on Tuesday morning amid issues about stress in the Middle East, Freeport LNG terminal gas still down...

Asia / Pacific
Jun 19, 2024

A lot of base metals slip on firmer dollar, lacklustre China data

Prices of most nonferrous metals fell on Tuesday, pushed by a firmer U.S. dollar and frustrating March information from leading metals customer China. Three-month copper on the...

United Kingdom
Jun 19, 2024

A silver mine revives ignored Bosnian town

After five years abroad, Anto Marcic has gone back to his town near the town of Vares in Bosnia and Herzegovina and opened a transportation firm that...