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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
The International Court of Justice (ICJ), which has been resolving a dispute between Gabon and Equatorial Guinea for decades, ruled Monday that Equatorial Guinea had a claim...
Gold prices rose on Monday as a result of a weaker dollar and heightened demand for safe-haven assets after Moody's lowered the credit rating of the U.S....
Denmark's energy ministry announced on Monday that it will hold a tender for offshore wind power with a three-gigawatt capacity, enough to power 3 million homes. The...
State media reported that heavy rains over the weekend in China's southern Guangdong province and Guangxi affected trains and power supplies, and killed at least six. There...
As part of a broader reset in their relations, Britain and the European Union said Monday that they would work to link their respective carbon markets. This...
Valdis Dombrovskis, European Economic Commission Commissioner, said that the EU will propose this week to the G7 Finance Ministers a reduction of the current $60 per barrel...
Prices of aluminium fell on Monday, following a rise in stocks registered at the London Metal Exchange and Chinese data showing a rising production. In official open-outcry...
In April, the amount of crude oil that was available in China for storage grew for a second consecutive month. Imports were relatively high while refinery processing...
Blackstone Infrastructure is acquiring utility company TXNM Energy for $11.5 billion, including debt. The investment firm is betting on the rising demand for electricity in the U.S....
Four sources with knowledge of the matter have confirmed that Malaysia's Pengerang Refining Company, or Prefchem, has restarted its residue fluid catalytic (RFCC), after it was shut...
The European spot electricity price for Tuesday delivery increased on Monday, compared with the previous week, due to a decline in wind production and a rise in...
Police and regional officials confirmed that a man and a woman in their 70s were both killed in separate Russian strikes on Kherson in southern Ukraine. Local...
Gold prices increased by more than 1% Monday. This was due to a weaker US dollar and a demand for safe-haven assets after Moody's lowered the credit...
Officials said that torrential rains on Monday forced a halt to the search for Indonesia's 14 missing people in its easternmost region, Papua. A landslide at a...
Iron ore futures declined on Monday due to weaker than expected economic data from China, the top steel-making consumer. The day-traded price of the most traded September...
As they struggle with thin margins and a global oversupply of petrochemicals, executives from several Asian companies said that they plan to reconfigure crackers in order to...
Documents released on Monday showed that Indonesia's Pertamina had issued five tenders to supply nearly 3 million barrels per month of gasoline for delivery between July-December. Two...
Mineral Resources, Australia's lithium miner, announced on Monday that it had appointed Malcolm Bundey to the position of non-executive chairman. McClements was replaced after 10 years in...
The oil prices fell on Monday due to the downgrade by Moody's of the U.S. government's sovereign credit rating, and data from China that indicated a slowdown...
Officials said that 19 Indonesians were missing after heavy rainfall caused a landslide in a gold mining area of Papua. Abdul Muhari said that torrential rains caused...
Wayne Cole gives us a look at what the future holds for European and global markets. A miss in China's retail sales has been the biggest disappointment...
Goldman Sachs stated on Sunday that it will maintain a cautious outlook for oil prices as the pressure of likely increased Iranian supply and higher OECD Commercial...
After data showing a slowdown in industrial output in China, concerns about the demand outlook for copper in China led to a slight decline in London's copper...
Iron ore futures fell on Monday due to tepid data from China, the top steel-making consumer. Also, there was uncertainty about demand in the near term. As...
China's crude output of steel in April fell 7% compared to March. This was contrary to analysts' expectations, who expected a rise due to healthy profits and...
Gold prices rose on Monday, as a weaker dollar and renewed tensions in the trade wars - following U.S. Treasury Sec. Scott Bessent reaffirming President Donald Trump's...
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