Petrobras, Brazil's largest oil company, looks to Mexico for opportunities through a partnership with Pemex
Magda Chambriard, CEO of Brazil's Petrobras, said that the company would?send representatives" to Mexico in order to explore business opportunities. The firm is looking to a possible?partnership?
Wall St. falls as inflation and Iran tensions weigh.
S&P 500 and Nasdaq fell from their record highs Tuesday. Technology stocks led the declines after a hotter than expected?inflation rate report, as well as stalled attempts to resolve the Middle East conflict…
Wall St. falls as CPI and Iran tensions weigh down on sentiment
Wall Street's major indexes dipped a little?on Tuesday. The S&P 500, and the Nasdaq both pulled back from their record highs following a higher-than-expected inflation report…
Wall St. to open lower after April inflation data
Wall Street index futures point to a lower opening on Tuesday as investors weigh a hotter than expected inflation report, and faded?hopes of a quick resolution to the Middle East conflict. U.S.
Wall St futures drop as AI rally cools down; inflation data is in focus
?U.S. Stock index futures dipped on Tuesday, as the rally in chip stocks waned and investors lost hope for a quick resolution to the Middle East conflict. Investors also waited to see a crucial inflation report.
Venture Global raises its annual core profit forecast due to higher liquefaction charges and LNG sales
Venture Global, a U.S. company, raised its full-year adjusted core profits forecast on Tuesday. It attributed this to higher liquefaction charges and LNG sales volumes. This…
Venture Global increases its annual core profit forecast due to higher liquefaction charges and LNG sales
Venture Global, a U.S. company, raised its core profit forecast for the full year on Tuesday. This was due to higher liquefaction charges and stronger LNG sales volumes. The…
Copper prices rise on Fund Buying Despite Fading Iran Peace Hopes
Copper prices rose on Tuesday, as funds bet on more gains due to supply problems and bullish technical signals. They ignored a lot of 'worries' about the lack of progress in ending the Iran War.
Venture Global signs new LNG Supply Deals with TotalEnergies and Vitol
Venture?Global announced on Tuesday that it had?signed new LNG supply agreements covering combined sales of over 1 million metric tonnes per annum (mtpa). These agreements will cover the next five-year period.
Gulf markets are sunk by fading hopes of a quick resolution to the Iran war
The Gulf's major stock exchanges fell in early trading on Tuesday, as hopes of a deal ending the U.S. and Israeli war against Iran faded amid?differences? between Washington and Tehran over a proposed peace plan.
Copper prices fall as Iran's peace hopes fade and U.S. inflation figures are due
Copper prices slid from their three-month highs on Tuesday, as crude oil prices rose and Middle East peace hopes faded?after Trump rejected Iran's proposal. Economists?expect…
Shanghai copper prices are the highest in a single day since March, mainly due to supply concerns and demand expectations
Shanghai copper posted its largest daily gain in several months on Tuesday, as'supply concerns and the expectation of higher demand from China? outweighed higher oil price and…
Colombian authorities launch investigation into Ecopetrol's former campaign manager, Petro.
Ricardo Roa was informed formally of an investigation into alleged irregularities in the?reporting of expenses during his tenure as Gustavo Petro’s campaign manager. This information…
Lotus scales back EV plans, targets 2028 supercar launch
Lotus announced on Tuesday that it will launch its first-ever supercar by 2028, and will "scale back" its all-electric goals. The UK-based sports 'car?maker is pivoting to a…
US loans 53.3 million barrels from Strategic Petroleum Reserve
The Trump Administration announced on Monday that it would loan 'energy companies' 53.3 million.barrels from the U.S..Strategic.Petroleum Reserve, as part of a worldwide agreement…
Syria selects offshore oil and gas block for its first deep-water project with Chevron
The Syrian Petroleum Company announced on Monday that Syria had identified an offshore site for its first deepwater 'oil and -gas exploration project, with U.S. major Chevron?and Qatari UCC Holding?.
Woodside Energy's delayed Browse Liquefied Natural Gas project is expected to cost 35 billion dollars
Woodside Energy has commissioned a report that estimates the cost of its long-delayed Browse project to be A$48.7billion ($35.2billion). The proposal to develop Australia's…
Colombia asks Glencore to talk with the locals about the closure of Cerrejon coal mining
The Ministry of Mines and Energy in Colombia said that it would ask Glencore to hold a meeting with the authorities of La Guajira, a northern province, as well as community representatives…
Diamondback Bets on Wider WTI-Brent Gap amid US Export Ban Concerns
Diamondback Energy, a U.S. oil producer, bought options in order to sell the difference between U.S. West Texas Intermediate crude and Brent crude, traded globally, at around minus 42 dollars a barrel…
UAE equity prices ease amid renewed Gulf tensions
The stock markets of the United Arab Emirates ended lower on Friday as renewed clashes between Iran and the U.S. near the Strait of Hormuz affected investor sentiment. U.S.
