Russia's Severstal has agreed to sell Pennsylvania-based coal producer PBS Coals to Canada's Corsa Coal for an enterprise value of $140 million, the Russian company said on Tuesday.
The deal is expected to be completed by mid-August, it said in a statement.
Reporting by Svetlana Burmistrova
Guyana is looking for a company willing to build a natural gas liquids (NGL) facility as part of efforts to monetize its offshore gas reserves…
Investors assessed the revival in trade talks between Washington & Ottawa. The S&P/TSX Composite index rose 0.2% to 26733.42 point…
Dutch and British wholesale prices of gas fell on Monday morning, as the supply was strong and demand was rising due to warmer…
His office announced on Sunday that South Korea's President Lee Jae Myung had appointed a former Vice Finance Minister, Koo Yun Cheol…
Renewable energy advocates said that the latest version of the Senate’s massive budget bill, which the Senate will vote on as early as Saturday…
Peru's state-run oil company Petroperu is in talks with five firms, including Canada's PetroTal and U.S.-based Upland Oil and Gas…
Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for…
Hindustan Oil Exploration Company said on Friday it has temporarily suspended production at one of its oilfields in western…
Four delegates from OPEC+ said that the world's largest oil producer group, OPEC+ is planning to announce a production increase of 411…
Analysts said that Chicago corn and soybeans futures rose from their multi-month lows on Friday, supported by short cover and a declining dollar.
The climate minister of Denmark said that European nations must not stop the green transition on the continent. His country…
Brazil's corn-based ethanol industry has grown to meet the growing demand in the country for renewable fuels. This is due…
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.