Standard Chartered (StanChart) unveiled a fresh US$1 billion share buyback as second-quarter earnings beat expectations, while it booked more charges tied to the conflict in the Middle East. The...
The National Oil Corporation (NOC) announced that the Essar oil discovery in the prolific Sirte Basin has successfully completed its technical and economic evaluation, paving the way for development...
The Islamic Revolutionary Guard Corps (IRGC) said the vessel was struck with warning fire and stopped after ignoring repeated instructions. The US thereafter launched a fresh wave of strikes...
Alejandra Kindelan, head of Spain’s AEB banking association, says Europe’s banking sector could increase lending by more than €2 trillion if regulators simplify rules while preserving financial resilience. Her...
The uncertain pace of supply recovery in the Middle East and the continued rapid drawdowns of global inventories make the case that oil price volatility would drag on during...
Despite the Hormuz crisis, Japan has secured the same volumes of oil imports for July as it did a year ago, as it is boosting imports from producers not...
The Dokwe Gold Project, located in the southwestern district of Tsholotsho, recorded a 42% increase in proven and probable gold reserves, raising total reserves to 1.13 million ounces. The...
BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor says. BP is selling the...
Mexico and the European Union signed a long-stalled free trade agreement on Friday as they seek to decrease dependence on the US and partially insulate themselves from US President...
DRC Gold Trading, the country’s state-owned gold trading entity, plans to boost the amount of artisanal gold it sells to 15 metric tons this year, with the country’s central bank...