Latest news

United States
May 26, 2024

Wall Street dips ahead of U.S. information; dollar pressured by yen, yuan

U.S. stocks followed their abroad equivalents lower at the top of a. holidayshortened week on Monday as investors positioned. themselves ahead of essential inflation data. The 3...

Oil & Gas
May 26, 2024

Russia orders business to cut oil output to satisfy OPEC+ target

Russia's government has bought business to decrease oil output in the 2nd quarter to ensure they satisfy a production target of 9 million barrels per day (bpd)...

Africa
May 26, 2024

Sudan war triggers stoppages on South Sudan oil pipeline, authorities state

The primary pipeline carrying oil from South Sudan through Sudan for export has been suffering blockages because last month due to problems linked to the war between...

Czech Republic
May 26, 2024

Poland's PGE says Turow power complex will run as long as required

Poland's leading utility PGE stated on Monday it will take all steps essential to guarantee its Turow lignite mine and power plant near the Czech border can...

Saudi Arabia
May 26, 2024

Oil market saw frenzy of hedge fund buying: Kemp

Financiers have actually acquired oil at the fastest rate for more than four years, amid optimism that Saudi Arabia and its OPEC+ allies will continue to restrict...

Pakistan
May 26, 2024

Baltic index slips to three-week short on weaker capesize, panamax rates

The Baltic Exchange's main sea freight index fell to over a threeweek short on Monday, weighed down by weakness in the capesize and panamax vessel segments. *...

Germany
May 26, 2024

Offers of the day-Mergers and acquisitions

The following quotes, mergers, disposals and acquisitions were reported by 1330 GMT on Monday: ** AbbVie will buy drug designer Landos Biopharma for as much as $212...

Taiwan
May 26, 2024

Stocks flat, oil climbs up as dollar cornered by yen and yuan

Stock exchange took a. breather on Monday from their record highs of current sessions as. investors aimed to a shortened trading week, topped by key. U.S. inflation...

Ukraine
May 26, 2024

Ukraine keeps power imports high, sees no exports after Russian strikes

Ukraine is keeping electrical energy imports high and not preparing to export power on Monday after Russian attacks on the energy sector, the energy ministry said. Russia...

Switzerland
May 26, 2024

MORNING Quote AMERICAS-Japan, China control dollar as quarter nears end

A look at the day ahead in U.S. and international markets from Mike Dolan A holiday-shortened final week of the quarter began with a. whimper in monetary...

Australia
May 26, 2024

Stocks on inflation stand-by as intervention watch canines yen

Financiers began a. shortened week in controlled state of mind on Monday with stock standards. steady near recently's lifetime highs as looming U.S. inflation. data provides the...

Germany
May 26, 2024

Scholz hails Northvolt factory as indication of Germany's commercial appeal

Germany is and will stay a strong industrial location, Chancellor Olaf Scholz said on Monday as he officially opened building and construction at Northvolt's. battery cell factory...

United States
May 26, 2024

United States awards tape-record $6 bln to back commercial emissions reduction projects

The U.S. Energy Department on Monday announced $6 billion in federal funding to fund 33 industrial jobs in 20 states to cut carbon emissions, saying the investment...

Spain
May 26, 2024

Russia's Gazprom ships first LNG freight from Portovaya to Spain - LSEG data

Russia's Gazprom shipped a freight of liquefied natural gas (LNG) from its smallscale Portovaya LNG plant on the Baltic Sea to Spain for the very first time,...

China
May 26, 2024

Asia shares stall, dollar shies from Japan caution

Asian shares dithered on Monday as investors stressed U.S. inflation data today might derail the outlook for lower rates of interest, while the risk of currency intervention...

United States
May 26, 2024

MORNING BID EUROPE-No holiday for US core inflation

A look at the day ahead in European and international markets from Wayne Cole. It's been a sluggish start to what will be a holiday-shortened week for...

China
May 26, 2024

SGX to reveal trader positions on commodities in Q3

The SGX Group intends to reveal trading positions on products consisting of iron ore, rubber and freight on a weekly basis start in the 3rd quarter to...

United States
May 26, 2024

JERA, Exxon to explore development of hydrogen and ammonia production job in United States

JERA, Japan's leading power generator, stated on Monday it has actually concurred with Exxon Mobil to jointly explore the advancement of a lowcarbon hydrogen and ammonia production...

Taiwan
May 26, 2024

Asia shares flat, dollar limited by Japan care

Asian shares dithered on Monday as investors worried U.S. inflation information this week could derail the outlook for lower rate of interest, while the risk of currency...

United States
May 26, 2024

Oil prices increase as increased geopolitical threat intensifies supply concern

Oil rates rose in early Asian trading on Monday on issue over tighter worldwide supply caused by intensifying dispute in the Middle East and between Russia and...

Hong Kong
May 26, 2024

Asia shares edge up, Japan cautions on yen weak point

Asian shares inched greater on Monday as investors hoped U.S. inflation data this week would not thwart the outlook for lower interest rates, while the risk of...

Ukraine
May 26, 2024

Russia attacks Ukrainian gas storage site; Ukraine ramps up power imports

An underground gas storage site in Ukraine was assaulted on Sunday in the latest wave of Russian missile strikes on power centers, while officials restored power in...

Saudi Arabia
May 26, 2024

Breakdown at Saudi solar plant in Morocco expenses firm $47 million

Saudi Arabian renewable energy utility ACWA Power International on Sunday reported a. storage breakdown at one of the solar plants it runs in. Morocco that will cost...

Iraq
May 26, 2024

A year after Iraq-Turkey pipeline halt, no progress to resume flows

A year after the closure of the IraqTurkey oil pipeline, the conduit that once managed about 0.5% of global oil supply is still stuck in limbo as...

Germany
May 26, 2024

German wind power sector welcomes federal government offshore terminal funding

The German Offshore Wind Energy Structure said the federal government's choice to help fund the growth of an offshore terminal is essential to accomplish growth goals for...

United States
May 26, 2024

Advertising campaign uses humor to urge Americans to ditch natural gas

When environmentalists discuss environment modification, it's typically in stark terms, describing it as a crisis that threatens the future of the world. A scrappy group of activists...

United States
May 26, 2024

U.S. says it conducted self-defense strikes versus Houthi centers

U.S. forces performed selfdefense strikes against 3 Houthi underground weapons storage facilities in Houthicontrolled areas of Yemen, U.S. Central Command (CENTCOM) said on Friday. The strikes targeted...

United States
May 26, 2024

Sustainable air travel fuel costs should be lower, Exxon VP says

Costs are the primary obstacle to increasing the use of sustainable air travel fuel ( SAF), Exxon Mobil Senior Citizen Vice President Jack Williams said on Friday....

United States
May 26, 2024

Russia pounds Ukrainian power centers; Zelenskiy looks for air defences, 'political will'

Russia pounded Ukrainian power centers on Friday in an attack described by Kyiv as the largest airstrike on its energy facilities in 2 years of war, and...

United States
May 26, 2024

Southwest Gas system Centuri Holdings applies for US IPO

Southwest Gas Holdings system Centuri Holdings plans to go public in the United States, the infrastructure services company stated in a filing on Friday, as the IPO...

Switzerland
May 26, 2024

Worldwide stocks capture breath after record-breaking week

Profittaking capped international stock exchange on Friday after a week of recordsetting advances sustained by a series of dovish main bank signals, while the dollar had a...

United States
May 26, 2024

US judge momentarily blocks $649 million clean-energy transmission line

A federal judge on Friday briefly obstructed a land swap required before developers can build a significant cleanenergy transmission line through a. Mississippi River wildlife refuge, according...

United States
May 26, 2024

TSX notches longest weekly winning streak in 3 years

Canada's commoditylinked primary stock index ended lower on Friday as the U.S. dollar strengthened but the index still notched its sixth straight weekly gain. The Toronto Stock...

Switzerland
May 26, 2024

Oil prices down on Gaza ceasefire talks, flat on the week

Oil costs slipped on Friday and were flat on the week as the possibility of a. ceasefire in Gaza weakened unrefined standards, while the war in. Europe...

United Arab Emirates
May 26, 2024

Offers of the day-Mergers and acquisitions

The following quotes, mergers, disposals and acquisitions were reported by 2000 GMT on Friday: ** Qualcomm on Friday said it has terminated its bid to acquire Autotalks,...

Switzerland
May 26, 2024

Global stocks take breather under all-time highs

Profit-taking capped international stock exchange on Friday after a. week of record-setting advances sustained by a series of dovish. central bank moves, while the dollar struggled to...

Carbon Emissions
May 26, 2024

Europe's pro-nuclear leaders look for atomic energy revival

Leaders from pronuclear European nations and energy experts called for a nuclear energy revival on Thursday at a summit in Brussels, seeking to reconstruct the European market...

United States
May 25, 2024

Woodside seeks much better terms to develop Trinidad's Calypso gas project

Australian oil and gas manufacturer Woodside Energy wish to see improved financial terms from the Trinidad and Tobago government before dedicating to establish a deepwater natural gas...

United States
May 25, 2024

Investors get reins as brand-new energy startups battle

Personal equity companies are increasing their direct oversight of energy shift companies in their portfolios, handling included responsibilities to deal with runaway costs from supply chain problems...

United States
May 25, 2024

US natgas rig count is up to lowest considering that January 2022 - Baker Hughes

U.S. energy companies today cut the variety of gas rigs operating to the lowest level since January 2022, energy services firm Baker Hughes said in its closely...

Spain
May 25, 2024

Spain's Iberdrola slashes green hydrogen target

Spain's Iberdrola is slashing its green hydrogen ambitions by almost two thirds after hold-ups in getting funding for some jobs it has already provided, highlighting the challenges...

Germany
May 25, 2024

EU antitrust regulators drop probe into EPEX SPOT on inadequate premises

EU antitrust regulators have actually scrapped an investigation into Parisbased power exchange EPEX SPOT since there was not enough evidence to continue the probe, the European Commission...

United States
May 25, 2024

US modifies tax credit guideline to assist offshore wind tasks

The Biden administration on Friday released brand-new rules that will make it easier for overseas wind developers to declare an aid for facilities planned in locations that...

United States
May 25, 2024

United States gas producers shake off low rates, bet on LNG boom

Energy executives say they are looking past present ultracheap gas prices and betting on a. coming wave of new melted natural gas (LNG) plants to raise. need...

Finland
May 25, 2024

Finland's Stora Enso shuts two further production websites due to strikes

Finnish forestry firm Stora Enso on Friday stated it would begin totally ramping down its Imatra and Oulu mills on Sunday due to ongoing political strikes that...

Malaysia
May 25, 2024

Global stocks take breather under all-time highs

Revenue taking weighed on international stocks on Friday after a week of record setting advances sustained by a series of dovish central bank relocations, while the dollar...

United States
May 25, 2024

US says Gates-backed reactor business's prepared application requires work

U.S. regulators this week informed a nuclear power business established by Costs Gates that its prepared building and construction license application for a hightech reactor requirements more...

United States
May 25, 2024

Brazil's Raizen hunting locations for sustainable air travel fuel plant

Brazil's largest sugarcane ethanol manufacturer, Raizen, has checked out places in Brazil for an ethanolbased sustainable aviation fuel (SAF). plant, intending to construct the world's second ethanoltojet...

United States
May 25, 2024

Top Midstream exits Utica shale in $625 mln deal with MPLX

Pipeline operator Summit Midstream Partners stated on Friday it would sell its Utica properties to a system of midstream company MPLX LP for about $625. million in...

Canada
May 25, 2024

Toronto stocks set however slip for weekly gains on soft landing optimism

Canada's primary stock index fell on Friday after reaching record highs in the previous session, but stayed on track for strong weekly gains fueled by domestic financial...