Coal demand and prices in China have jumped in recent days as scorching heat waves across most of the country boost electricity demand. The benchmark spot coal prices at...
Taiwan has suspended approximately 500,000 metric tons of liquefied natural gas purchases from Papua New Guinea every six months, removing roughly $800 million of spot-market demand after Port Moresby...
Commodity producing and trading giant Glencore expects to post a profit of $3.3 billion in its marketing division for the first half of the year, as extreme market volatility...
Shell (SHEL:NYSE) more than doubled its second-quarter earnings from a year earlier, as higher oil and gas prices, record refinery utilization, and strong trading boosted profits to above analyst...
China’s Zijin Gold has abandoned its C$5.5 billion takeover of Allied Gold after the companies concluded that the remaining conditions could not be completed within a reasonable period. The...
The company said the first phase of construction includes upgrading the project’s access road and preparing the processing plant site, while work on the construction camp is nearing completion....
Moonshot AI secured a US$35 billion (RM143.13 billion) valuation after raising a larger-than-anticipated US$3.5 billion in a just-closed round of financing, riding the momentum from a breakthrough Kimi K3...
Tata Power, one of India’s biggest integrated power utilities, plans to build its first nuclear power plant by 2032 as the country opens the civil nuclear sector to private...
Saudi Aramco shut its 400,000-barrel-per-day Jazan refinery on July 27 after a Houthi attack damaged the facility, according to an IIR note seen by Reuters. IIR said the strike...
The UAE is still exporting liquefied natural gas, despite the threat of strikes in the Strait of Hormuz. According to a Bloomberg report, an ADNOC LNG tanker appeared in...