Most G7 Members Ready to Lower Russian Oil Price Cap Despite US Engagement
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources…
South Africa's $5.8 billion Project Aims to Produce Low-Cast Green Ammonia
A $5.8 billion project on South Africa's east coast seeks to use the country's infrastructure and cheap renewable power to make some of the world's cheapest green ammonia for clients in Europe and Asia, an executive said.Sout
EU countries are considering a softening of the methane emission law for gas imports
According to a document obtained by, European Union countries could demand that Brussels simplifies the EU's law on methane emissions, which has raised concerns among companies that it may hinder imports of U.S.
Palm oil falls due to softer rival oils, rising stocks and softer rival oils
Malaysian palm futures continued to fall for the second consecutive session on Wednesday, closing at their lowest level in over two weeks. Weakened rival edible oil prices as well as…
Palm oil falls due to softer crudes, rising rival oils and falling stocks
Malaysian palm futures fell for the second consecutive session on Wednesday, to their lowest level in more than two months. They were dragged down by weaker edible oils from rival producers…
Sources say that the US tariff negotiations are boosted by the addition of an assistant to EU chief to the team.
Three sources familiar with these talks have confirmed that the European Union has reshuffled its team in the trade negotiations with the Trump Administration, adding a close adviser…
Where is the money that the EU promised to workers in order to go green
The latest data available from the European Commission shows that the EU member states spent only EUR735 millions ($840 million US), the total amount of the fund, between March 2021 and March 2025.
EU selects 13 new projects for critical materials, including Greenland
The European Union announced Wednesday 13 new raw materials projects outside of the bloc in order to increase its supply of metals, minerals and other essential elements for the EU…
Russian LNG exports dropped 3% year-on-year in January to May, according to data
LSEG released preliminary data on Monday showing that Russia's LNG exports in the first five month of this year fell by 3% compared to a year ago, reaching 13,2 million metric tonnes. This is due to the impact of sanctions.
Strategie Grains: Dry weather affects EU rapeseed crops outlook
The Consultancy Strategie Grains reduced its monthly forecast of the next European Union rapeseed crop by a large amount on Friday, citing the dry weather that has affected parts of the EU.
Serbia will investigate Russian allegations that it shipped arms to Ukraine
Aleksandar Vucic, the president of Serbia, said that Serbia and Russia would jointly investigate how Serbian-made ammunition ended up in Ukraine after Moscow accused Belgrade exporting weapons to the government of Kyiv.
Poland's Grupa Azolty reports a net loss in Q1 amid high gas prices
The largest Polish chemical company, Grupa Azoty posted a similar net loss to that of last year, due to high natural gas costs and the competition from Russian and Belarussian fertilizer imports.
Palm oil climbs due to short covering and the stronger Dalian oils
The price of Malaysian palm oils futures rose on Wednesday, for the fourth consecutive session. This was due to traders covering short positions and Dalian oil prices rising. The benchmark…
German sugar refiner Nordzucker anticipates losses as EU prices remain low
Nordzucker, Germany's second-largest sugar refiner, expects a loss for its new financial period as EU sugar prices remain low. The company announced this on Wednesday. Nordzucker reported…
Palm oil rises due to short covering and Dalian oils that are stronger
The price of Malaysian palm oils futures increased on Wednesday, for the fourth consecutive session. This was due to traders covering short positions and Dalian oil's strength providing additional support.
Italy's business lobby asks for state assistance over energy costs and US tariffs
The main Italian business lobby Confindustria demanded on Tuesday billions of euro in state aids to help companies cope with rising energy costs and the threat of U.S. tariffs. Emanuele orsini…
Even after Trump's reprieved, the EU is still trying to reach a trade agreement with Trump
It is unclear how the European Union will reconcile its desire for a trade agreement that benefits both sides with Washington's demand for large concessions. After a phone call with…
Palm prices rangebound due to weaker soyoil and concerns about rising production, stock levels
Malaysian palm futures were in a narrow range on Monday. They were affected by lower soyoil and rising production levels and inventories, but also supported by higher crude oil prices.
Dutch prices rise on Norway's tariff extension and outage extension
Dutch wholesale gas prices increased on Monday morning. This was supported by a prolongation of Norwegian outages, and a delayed U.S. tariff on European goods. However, activity in…
Palm oil falls due to weaker soyoil and concerns about rising production, stock levels
Malaysian palm futures declined on Monday as lower soyoil price and concern over increasing production and inventory levels pushed the market. At midday, the benchmark palm oil contract…
