Brent oil could extend declines to US$60 a barrel by year-end as disruptions in the Strait of Hormuz ease, according to Citigroup Inc, adding to a chorus of bearish...
Oil futures were on track to post their fourth consecutive weekly loss early on Friday as the tentative reopening of the Strait of Hormuz and the uptick in oil flows...
The government said the newly created Malian Office of Precious Substances will centralise and oversee the trade of gold and other precious minerals, particularly from artisanal and small-scale miners,...
Abu Dhabi’s International Holding Company and India’s Adani Group have signed an initial pact to invest $11.5 billion to develop an aluminium project in the Asian nation. International Resources Holding (IRH), an...
China’s Hengli Petrochemical has cancelled millions of barrels of crude oil purchases, including cargoes from West Africa, as U.S. sanctions continue to disrupt the operations of one of the...
The Toronto Stock Exchange-listed miner said the study values the open-pit project at an after-tax net present value (NPV) of $1 billion, with an internal rate of return (IRR)...
SK Hynix said it would invest 100 trillion won (US$64.4 billion) to build new chip plants, including one for Nand flash memory, as part of a massive South Korean...
Global investment firm KKR has agreed to acquire EDF Power Solutions North America in a landmark $4.2-billion deal, marking the largest single renewable energy investment in the company’s history. The purchase...
About 10 million barrels of Saudi crude have cleared the Strait of Hormuz in recent days, as supertankers continue to load oil from the Saudi port of Ras Tanura...
Shell has struck a deal to sell a 50% stake in the Na Kika oil platform and related assets to Talos Energy and Ridgewood Energy, with the price tag...