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    Commodities

    • Thursday, 20 June, 2024
      Carlyle Group LP
      Buyout firm Carlyle to build Mediterranean oil and gas group

      Ex-BP boss Tony Hayward will run group after buyout firm acquires assets in Italy, Egypt and Croatia from Energean

      3 hours ago
      Energean offshore facility near Israel
    • Wednesday, 19 June, 2024
      Energy sector
      Energy emissions hit record high on rising fossil fuel demand, says report

      Data highlight slow transition to clean energy despite big increase in renewables generation

      Thermal power plant in Tamil Nadu
    • Wednesday, 19 June, 2024
      Copper
      Chinese copper glut grows in sign of sluggish economy

      Stocks in Shanghai warehouses reach highest level since 2020 as manufacturers rein in demand

      An employee works on the production line of copper foils at a workshop in Jinhua, Zhejiang Province of China
    • Tuesday, 18 June, 2024
      ExxonMobil
      US judge ends Exxon lawsuit against shareholder over climate activism

      A divisive case over climate change and shareholder rights winds down after shareholder agrees to drop effort

      Darren Woods
    • Tuesday, 18 June, 2024
      Shell PLC
      Shell beats Saudi Aramco to Temasek’s LNG business

      Purchase of Singapore-based Pavilion Energy is its latest bet on the fossil fuel

      A Shell petrol station in London
    • Tuesday, 18 June, 2024
      Gold
      Rich countries plan to buy more gold despite record price

      Advanced economies’ central banks expect the metal’s share of global reserves to rise at the expense of the dollar

      Gold bars
    • Tuesday, 18 June, 2024
      Russian business & finance
      Kazakhstan’s Polymetal lives under shadow of sanctions despite Russian asset sales

      Gold producer says its European lenders are keen to cut ties once they get their money back despite rebrand

      The Varvara open gold mine in Kostanay
    • Monday, 17 June, 2024
      Trafigura
      Trafigura pays $55mn US fine in case alleging market abuse

      Commodities trading house was accused of manipulating a fuel oil benchmark and possessing ‘improperly obtained’ inside information

      Trafigura  logo
    • Monday, 17 June, 2024
      LexOil
      Proposed North Sea tax hike pours cold water on producers Premium content

      Oil and gas sector warns Labour that its manifesto pledge could kill off investment

      Oil rig on sea horizon
    • Monday, 17 June, 2024
      Moral Money
      Canada’s long road ahead to a cleaner energy mix Premium content

      Unprecedented parliamentary summons for bank executives reflects growing political heat around fossil fuels

      A house in the foreground, with smoke and flames from a forest fire in the distance
    • Monday, 17 June, 2024
      The Big Read
      How Saudi Arabia won back Biden

      The president came to office threatening to make the kingdom a pariah state. But in a volatile Middle East, their ties have become stronger than ever

      Montage of images Joe Biden and Prince Mohamed
    • Monday, 17 June, 2024
      Freeport McMoRan
      Consolidating copper miners could boost much-needed output, says industry boss

      Small number of big groups could lift supplies of metal vital for clean energy transition, according to Freeport CEO

      A worker walks in an underground mine, part of the Grasberg copper and gold mine in Papua
    • Monday, 17 June, 2024
      US inflation
      Biden ready to reopen US oil stockpile if petrol prices surge again

      President’s top energy adviser Amos Hochstein says fuel costs ‘still too high for many Americans’

      A Mobil petrol station in Los Angeles, California
    • Monday, 17 June, 2024
      Oil & Gas industry
      Labour’s North Sea tax pledge will kill investment, industry warns

      Operators say they will be unable to make money if allowances are scrapped

      Off shore oil rig
    • Sunday, 16 June, 2024
      Lithium
      Serbia set to give green light to Rio Tinto lithium mine

      Exploitation of one of the world’s largest deposits of the metal would boost Europe’s electric vehicle industry

    • Sunday, 16 June, 2024
      Pakistan's economy
      Pakistan rice exports hit record following Indian sales ban

      Windfall is a boon to country hit by double-digit inflation and anaemic economic growth

      Farmers clean rice crops in a paddy field in Lahore
    • Sunday, 16 June, 2024
      Corporacion Nacional del Cobre de Chile
      World’s biggest copper miner insists it can reverse production slump

      Output at Chilean state-owned group Codelco has fallen to 25-year lows just as global demand surges

      Three miners with helmets and head torches alight walk through the mine in hi-vis vests
    • Saturday, 15 June, 2024
      Climate change
      Record rainfall in UK and France batters wheat crops

      Heavy downpours since last autumn curb planting and push milling-wheat futures to year-high on Euronext

    • Thursday, 13 June, 2024
      War in Ukraine
      UK imposes sanctions on Russian insurer protecting ‘shadow fleet’ of tankers

      Ingosstrakh targeted as part of western push to limit Kremlin’s oil revenues during Ukraine war

      Ingosstrakh offices
    • Thursday, 13 June, 2024
      Oil & Gas industry
      Saudi Aramco signs LNG deal with US developer

      Oil company to buy fuel in high demand amid energy transition and Ukraine war

      Saudi Aramco logo at an oil facility
    • Thursday, 13 June, 2024
      Natural gas
      Ukraine strikes deal for US gas in bid to clip Russian energy influence

      US LNG exporter Venture Global will begin shipping transatlantic cargoes to Ukrainian company this year

      Smoke billows from power infrastructure following a Russian drone attack in Kyiv region, Ukraine
    • Thursday, 13 June, 2024
      Mining
      Can Anglo American’s platinum division go it alone?

      Amplats boss says holding shares in independent group is ‘no brainer’ as he charts strategy after collapse of BHP deal

      Workers at the Waterval smelter, operated by Anglo American Platinum Ltd., outside Rustenburg, South Africa
    • Wednesday, 12 June, 2024
      International Energy Agency
      World faces ‘staggering’ oil glut by end of decade, energy watchdog warns

      IEA predicts more than 8mn b/d of excess capacity by 2030 as producers invest in pumping more crude

      Smoke billows from gas flaring in the Rumaila oil field in Iraq’s southern province of Basra
    • Wednesday, 12 June, 2024
      Health
      Powerful lobbies hobble moves to cut European disease burden

      Alcohol, food, tobacco and fossil fuel sectors oppose efforts to target conditions linked to 2.7mn deaths a year, warns WHO

      Patrons drink at a bar
    • Wednesday, 12 June, 2024
      Hydrogen
      Steelmakers look to hydrogen to green heavily polluting sector

      Production of the metal is responsible for up to 9 per cent of global CO₂ emissions

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