China may require asset sales in the Rio Tinto-Glencore merge to win them over
Rio Tinto and Glencore's proposed merger could require asset sales in order to gain regulatory approval from China, the world's largest commodity buyer. China has long-standing concerns…
China may require asset sales in the Rio Tinto-Glencore merge to win them over
The proposed tie-up of Rio?Tinto with Glencore may require asset sales in order to gain regulatory approval from China, the world's largest commodity buyer. China has long-standing…
Sources say that Repsol, Maurel & Prom are applying to the US for licenses to export Venezuelan crude oil.
Five industry sources have confirmed that several?European oil companies, including Spain's Repsol, France's Maurel & Prom and France's Repsol, have applied to the United States for…
Australian Rio Tinto Investor raises concerns about merits of possible Glencore deal
The Australian investor who is Australia's largest and oldest has joined the chorus of local concerns over Rio Tinto's possible acquisition of Glencore. He questioned the merits of the proposed tie-up?and its timing.
Sources say that Chevron is expected to receive an expanded Venezuela license this week from the US.
Three oil industry sources said on Wednesday that Chevron would receive an expanded Venezuela license this week from the U.S. Government. This could allow increased production and exports from South America.
Sources say that Chevron is expected to receive an expanded Venezuela license this week from the US.
Three oil industry sources told us on Wednesday that Chevron will receive a Venezuela license extension from the U.S. this week. This could lead to increased production and exports. Sources said that the U.S.
Source: Rio Tinto consults with three banks on possible Glencore acquisition.
Rio Tinto has hired JPMorgan, along with two other advisers, to help it evaluate its potential acquisition of Glencore. This deal could create the largest miner in the world, worth over $200 billion…
Sources say BHP will not bid on Rio-Glencore, but wait for the talks to conclude.
BHP will wait for Rio Tinto to complete its talks with Glencore to create the world's biggest mining company. The deal would?create?the largest mining firm in the world. BHP does not plan to make a bid at this time…
Commonwealth LNG receives US approval to export non-FTA products for 20 years
Commonwealth LNG, a U.S. company, has been granted a 20-year export license from the Department of Energy for liquefied?gas to be exported from its proposed Louisiana plant to countries that do not have free trade agreements.
Wall Street clamors to offer advice on Rio-Glencore and the $100 million prize
Wall Street advisors could earn more than $100,000,000 in fees if Rio Tinto acquires Glencore and creates the world's biggest mining company, worth more than 200 billion dollars. Three…
Sources say that Glencore's trading division is part of Rio Tinto's appeal in merger talks.
Two sources familiar with the matter claim that Rio Tinto wants to keep Glencore’s trading division, and would make it a?even stronger platform to sell commodities? if they can strike…
Glencore's share price rises as Rio Tinto and Glencore merge to create the world's largest miner
Glencore shares increased by almost 10% after news that it was in talks with Rio Tinto regarding a possible takeover. This would create the largest mining group in the world, valued at nearly $207 billion.
London Stocks Rise as Glencore Jumps on Rio Merger Talks
London shares edged up on Friday after two sessions of losses. Glencore gave a boost amid initial talks of a possible merger with Rio Tinto. This could?potentially create a world's biggest mining company.
Glencore's share price rises as Rio Tinto and Glencore merge to create the world's largest miner
Glencore shares jumped almost?9% Friday after news that it was in talks with Rio Tinto over a 'potential takeover, which would create the largest mining group in the world valued at nearly $207 billion.
European stocks reach record highs as Glencore leaps on Rio Tinto's interest
European shares reached a record high on Friday, boosted by an 8.3% increase in Glencore. This put the 'STOXX 600 index on course for its longest winning streak since last May. After…
European stocks gain as Glencore boosts STOXX600
European shares opened higher on Friday, helped by an 8% increase in Glencore. This put the STOXX 600 at its highest weekly winning streak since may. Gains reversed two sessions of…
Mega-deals in mining that created global giants
The companies have confirmed that they are in the early stages of talks with each other to purchase Glencore. This could result in the creation of the world's biggest mining company, valued at nearly $207 billion.
Glencore has said that it is already in talks with Rio Tinto to acquire the company
Glencore announced on Thursday that it is in the early stages of talks to be acquired by Rio Tinto, in a combination that could create 'the world's largest mining firm. Financial Times was the first to report the news.
South Africa relaxes antitrust rules for companies facing high electricity costs
South Africa has loosened its antitrust regulations to allow firms battling high energy costs to build energy infrastructure together and negotiate contracts collectively. In a government announcement seen by on Tuesday…
Congo will allow the execution of cobalt quotas until March 31, 2025
Mining regulators in the Democratic Republic of Congo have said that the country will allow cobalt shipment under the quotas for the 'last three months of 2020 to be made until the end of March.