News
Anglo American Exits Steelmaking Coal With $3. 9 Billion Australian Asset Sale
2+ hour, 9+ min ago (384+ words) Mexico is reopening its renewable" Major energy firms, including SLB," Anglo American has agreed to sell its steelmaking coal assets in Australia to Dhilmar Limited for up to $3. 875 billion in cash, exiting the steelmaking coal business as the mining giant…...
Russia Quietly Adds Four LNG Carriers to Its Arctic Dark Fleet
1+ hour, 9+ min ago (327+ words) Officials now see TMX as" Small Modular Reactors (SMRs) are" Russia appears to have recently added four LNG carriers to its growing dark fleet of tankers exporting cargoes from the sanctioned Arctic LNG 2 project, a Bloomberg analysis of shipping data…...
HSBC Bets $4 Billion on China's Clean Energy Export Boom
4+ hour, 24+ min ago (237+ words) British HSBC set up an investment vehicle worth $4 billion to fund energy transition technology from China, including wind and solar power, electric vehicles, data centers, and artificial intelligence. Chinese exports of clean technology, including solar panels, electric vehicles, and batteries,…...
Chinese Refiners Slash Crude Runs to Lowest Level Since 2022
3+ hour, 18+ min ago (472+ words) The Pentagon is urgently accelerating" Analysts warn the industry is" Chinese refiners slashed their crude runs to the lowest level since August 2022 as China has reduced refinery utilization and slashed crude imports as oil prices soar amid the Iran war....
China's Coal Output Slips as Imports Extend Decline
5+ hour, 39+ min ago (321+ words) Mexico is reopening its renewable" While Europe and Asia face" China's coal production last month inched down by 1%, to 385. 63 million tons, Reuters has reported, citing official statistics data. The decline was from an all-time high achieved in March. Over the…...
The Middle East Oil Crisis Has Already Cost Global Businesses $25 Billion
6+ hour, 49+ min ago (325+ words) China is leading a new" "It's most important 8 minute read of my week"" The oil and gas crunch caused by the war between the U. S. and Israel, and Iran, has cost global businesses $25 billion, Reuters reported today, adding that the bill…...
Santos Starts Oil Production From Alaska's Pikka Project
10+ hour, 17+ min ago (306+ words) The Middle East Oil Crisis Has Already Cost Global Businesses $25 Billion While some Republican lawmakers are" The Xi'Trump summit failed to" Santos has started oil production from the Pikka phase 1, with flows established through the LACT meter into the Pikka…...
Brent Breaks $111 as Oil Markets Brace for Shortages
10+ hour, 44+ min ago (546+ words) Canada Clears Path for West Coast Oil Pipeline Build Turkey and Armenia have moved" Thursday saw Iranian state media" Greg Abel's first Berkshire Hathaway" Oil prices climbed in early Asian trade on Monday as drone attacks on both the UAE…...
Oil Shortage Scenario Looms Large
13+ hour, 39+ min ago (376+ words) Canada Clears Path for West Coast Oil Pipeline Build Islamabad opened six overland corridors" China is no longer only" NNPC has signed a new" With so much production offline, the most sensible thing to do is tap reserves. Estimated at…...
U. S. Upstream Mergers Hit $38 B As M&A Rebounds
15+ hour, 39+ min ago (225+ words) Canada Clears Path for West Coast Oil Pipeline Build Global oil markets are facing" Oil prices surged as the" Bubiyan Island is becoming a" "We are likely heading into another tsunami of consolidation as higher oil prices supercharge both private…...