Latest news

United States
May 2, 2025

Shareholder returns from Big Oil show a split in production strategies

Big Oil's earnings for the first quarter of 2018 show a clear division in how companies are positioning themselves to weather a downturn caused by the drop...

Energy Markets
May 2, 2025

The US jobs report and signs of an easing in trade tensions have led to a rise in world stocks.

Wall Street and European shares rallied, and U.S. Treasury Yields surged Friday as investors' risk appetite was boosted by a positive employment report and indications that China...

United States
May 2, 2025

Goldman Sachs predicts a 410,000-bpd increase in OPEC+ supply for June

Goldman Sachs said on Friday that it expects OPEC+ will announce a second consecutive supply increase for June on July 1 due to the modest compliance of...

United States
May 2, 2025

US EPA to cut staff back to 1980s levels and dissolve the research office

As part of an overhaul of the U.S. Environmental Protection Agency, the agency announced on Friday plans to cut its budget by $300,000,000 in fiscal year 2026....

China
May 2, 2025

HSBC Asset Management global head of Sustainability to depart

HSBC announced on Friday that the top executive in sustainable finance at its asset management division will be leaving the company. This is the latest departure from...

Energy Markets
May 2, 2025

Stocks rise on positive jobs data and signs of trade tensions easing

Wall Street and European shares surged on Friday, while the dollar fell as investors' risk appetite was boosted by a positive U.S. Employment Report and signs that...

Canada
May 2, 2025

Canada's wildfire season starts with fires in northeast British Columbia

Wildfire season in Canada has started. Officials from the province of British Columbia, located at the west-most tip of the country, have warned that the risk of...

Turkey
May 2, 2025

EnQuest pulls out of Serica contract as market volatility hinders agreement on terms

The companies announced on Friday that North Sea oil producer EnQuest would not make an offering for UK-based Serica Energy as they could not reach an agreement...

United Kingdom
May 2, 2025

The UK's FTSE100 marks record winning streak

Investors were encouraged by signs of global trade tensions easing as the blue-chip index of Britain recorded its 15th consecutive day of gains, its longest winning streak...

Germany
May 2, 2025

Firefighters in Europe want more money and staff

Firefighters claim they are understaffed Wildfires and house fires are on the increase EU launches Preparedness Strategy By Beatrice Tridimas Fire services are under pressure across Europe...

Africa
May 2, 2025

Sources say that OPEC+ will meet on Saturday in order to decide the output policy for June.

Two sources familiar with the situation said on Friday that eight OPEC+ nations will meet on July 7 to decide whether they want to increase oil production...

United States
May 2, 2025

Eversource Energy first-quarter profits rise on higher electricity prices

Eversource Energy announced a higher first-quarter profit Thursday as it benefited from increased electricity rates. Rate case proceedings are used by regulated utilities to increase power prices....

United States
May 2, 2025

New journal to be published by research organizations to preserve US Climate Report

Two major U.S. science associations called on Friday for submissions to a special compilation that would have fed the National Climate Assessment. This comprehensive report about climate...

Japan
May 2, 2025

Stocks rise on positive jobs data and signs that trade tensions between China and the US may ease

Global stocks rose on Friday, while Treasuries lost favour. This was due to optimism over a easing in U.S.-China tensions as well as better than expected U.S....

United States
May 2, 2025

Rubio: Iran must stop all uranium enrichment.

Marco Rubio, the U.S. secretary of state, said that Iran must 'walk away from' uranium-enrichment and missile development for long ranges and should allow inspections of military...

United States
May 2, 2025

Agnico Eagle calls on Canadian Arctic Strategy amid US Threats

Canada's North has significant mineral resources, including gold and critical minerals Agnico Eagle has no interest in purchasing Barrick's Canadian mining operations By Divya Rajagopal TORONTO, MAY...

Canada
May 2, 2025

Canada's Imperial Oil reports a rise in profit for the quarter on higher refining margins

Imperial Oil, a Canadian oil company, posted an increase in its first-quarter profits on Friday. This was primarily due to higher margins in the refining and sales...

Scandinavia
May 2, 2025

UK loses its appeal against tougher police powers to curb street protests

The London Court of Appeal rejected Britain's bid to grant police greater powers to impose restrictions on protests on the streets on Friday. Civil rights group Liberty...

India
May 2, 2025

Palm oil records weekly loss due to firmer Ringgit and weak demand

Malaysian palm futures have reversed their gains from earlier in the week, due to a stronger ringgit, and weak demand on key markets. Prices also fell for...

United States
May 2, 2025

Itochu announces record-breaking annual profits, helped by textiles and FamilyMart

Itochu, a Japanese trading company, reported a record net profit for the year of 880.3 billion Japanese yen, or $6 billion. The unit's textile, food and FamilyMart...

United States
May 2, 2025

Chevron exceeds Wall Street profit expectations as refinery recovers from the previous quarter

Chevron reported earnings for the first quarter that were in line with Wall Street expectations, after seeing a turnaround of its refining division from a loss at...

United Kingdom
May 2, 2025

FTSE 100 increases with Shell at the helm amid easing China/US tensions

The blue-chip index in Britain advanced on Friday led by Shell as a potential ease in China-U.S. tensions and positive earnings reports generally boosted the market sentiment....

Azerbaijan
May 2, 2025

Azerbaijan's president will present a climate plan that was delayed by September

Azerbaijan will present its long-overdue climate action plans by September, COP29 president Mukhtar Babaev said on Thursday. He added that the oil producing country is advancing its...

England
May 2, 2025

UK loses its appeal against tougher police powers to curb street protests

The London Court of Appeal rejected Britain's bid to grant police greater powers to impose restrictions on protests on the streets on Friday. Civil rights group Liberty...

United States
May 2, 2025

Chevron exceeds Wall Street profit expectations as refinery recovers from the previous quarter

Chevron reported earnings for the first quarter that were in line with Wall Street expectations, after seeing a turnaround of its refining division from a loss at...

South Asia
May 2, 2025

Adani Power, an Indian company, is hopeful that Bangladesh will settle all past dues

Bangladesh's chief financial officer revealed that the country has reduced the amount of money it owes Adani Power in India for a power supply deal. The company...

Energy Markets
May 2, 2025

Colder temperatures and lower solar output are expected to increase demand.

German and French spot rates were not traded on Friday morning, but a lower solar output will be expected in the entire region by Monday due to...

Japan
May 2, 2025

Indian regulator accuses Adani's nephew in an insider trading case. He seeks to settle

India's market regulator alleges that Pranav Adani, the director of several Adani Group companies and the grandson of the billionaire founder of the group, has shared sensitive...

South Asia
May 2, 2025

Dealers say that India's palm oil imports in April fell by 24% and are still below normal levels.

Five dealers report that India's imports of palm oil in April were down by almost a quarter compared to the previous month. This is the fifth month...

Qatar
May 2, 2025

India's BPCL expects to gain $20-30/ton by swapping Middle East LPG for cheaper US supplies

Bharat Petrol Corp. Ltd., an Indian fuel retailer, expects to make a net profit of $20 to $30 per metric ton when it delivers U.S. LPG through...

India
May 2, 2025

CNBC-TV18 reports that the top Indian court has rejected JSW Steel's bid for Bhushan Power.

CNBC-TV18, a local television station, reported that India's top court rejected JSW Steel’s resolution plan to purchase Bhushan Power and Steel, four years after its takeover. The...

United Kingdom
May 2, 2025

Copper heads for a weekly gain in hopes of US-China Trade Talks

Copper prices increased on Friday, and are expected to make modest gains for the week as U.S. trade talks with China's top consumer eased concerns about trade....

India
May 2, 2025

After 5 months, the price of Asia Gold-India has increased due to festive demand and a price decrease

This week, gold prices in India rose for the first week in five months. The demand in India's second largest bullion market was boosted by a major...

China
May 2, 2025

Stocks rise on signs of eased Sino-US Trade tensions

The global stock market surged Friday, as possible trade talks between China and the U.S. lifted risk sentiment. This came after disappointing earnings from Apple and Amazon,...

India
May 2, 2025

Wall Street Journal, May 2,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. The budget proposal for...

Indonesia
May 2, 2025

In April, Indonesia's inflation rate reached an eight-month high.

The statistics bureau reported that Indonesia's headline rate of inflation reached an eight-month high in April. This was higher than expected as the two-month discount on certain...

United Kingdom
May 2, 2025

Copper Heads for Weekly Gain on Hopes of US-China Trade Talks

Copper prices increased on Friday, and are expected to make modest gains for the week as possible U.S. trade talks with China's top consumer eased concerns about...

Italy
May 2, 2025

MORNING BID EUROPE - Bright signs from Beijing and bad omens for Apple

Ankur Banerjee gives us a look at what the future holds for European and global markets The possibility of a de-escalation in trade tensions between Beijing, Washington...

United States
May 2, 2025

China opens the door to trade talks with US

The oil prices rose on Friday, after China announced it was willing to talk with the United States about tariffs. This raised hopes for a possible de-escalation...

Wind Farms
May 2, 2025

Jan De Nul Installs First Foundation at RWE’s Thor Offshore Wind Farm

Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE’s Thor offshore wind farm, completing the installation of the first of 72...

Oil & Gas
May 2, 2025

EnerMech Gets LLOG’s Gulf of America Pre-Commissioning Job

Energy industry services firm EnerMech has secured a contract from oil company LLOG for pre-commissioning services at the Salamanca platform in the Gulf of America.The contract covers...

United States
May 2, 2025

Financial Times - May 2

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Headlines...

United States
May 1, 2025

Oil prices increase as China opens up for trade talks with US

The oil prices rose in the early Asian hours of Friday, after China announced that it was open to talks with the United States. This raised hopes...

New Zealand
May 1, 2025

The worst of New Zealand's extreme weather has passed, and cleanup is underway

Metservice, the New Zealand government's weather forecaster, said that most severe weather warnings in New Zealand had been lifted by Friday. Wellington, New Zealand's capital, was hit...

United States
May 1, 2025

Consolidated Edison to invest $72 billion over the next decade

Consolidated Edison, a utility firm, announced on Thursday that it will invest roughly $72 billion in capital over the next ten years to increase its capacity, improve...

United States
May 1, 2025

Eversource Energy first-quarter profits rise on higher electricity prices

Eversource Energy announced a higher first-quarter profit Thursday as it benefited from increased electricity rates. Rate case proceedings are used by utilities to increase their rates. They...

Mexico
May 1, 2025

US sanctions fuel theft network in Mexico that it links with CJNG cartel

The U.S. Treasury Department imposed sanctions Thursday on two entities and on three Mexican citizens it claimed are involved in a network of drug trafficking, oil smuggling...

China
May 1, 2025

Trump threatens secondary sanctions against purchasers of Iranian oil after he says that the purchase must cease.

U.S. president Donald Trump has said that all purchases of Iranian oil and petrochemicals must cease. Any country or individual buying from Iran will be subject to...

United States
May 1, 2025

Metals, resources and development projects in Ukraine

Ukraine and the U.S. signed a deal on Wednesday that was heavily promoted by U.S. president Donald Trump. The agreement will grant the United States access to...

United States
May 1, 2025

US pushes Congo and Rwanda to reach peace agreement and billion-dollar minerals deals

According to Donald Trump's senior adviser for Africa, the U.S. wants Congo and Rwanda sign a peace agreement at the White House within two months. This will...