Brazilian mining giant Vale said on Friday it was putting its Integra coal mining complex in Australia under care and maintenance as it is no longer economically viable under current market conditions.
Vale said the decision was consistent with its strategy to streamline operations and allocate capital in a more disciplined way.
(Reporting by Stephen Eisenhammer)
Devon Energy, an oil and gas company, reported a third-quarter profit that was above expectations due to strong production.
U.S. authorities have arrested a Turkish man who they allege was trying to violate sanctions by transporting oil from Venezuela…
Orsted CEO assures Sweden that the offshore wind industry has solutions that would address defense concerns. At issue: Sweden's…
After two sessions of declines, the price of Malaysian palm oils futures increased by more than 2%, boosted by expectations…
Low Carbon, a UK-based renewables energy investor, has announced that it sold a portfolio of 6 gigawatts of battery storage…
Petronas, the Malaysian state-owned energy company, plans to expand "aggressively" in Indonesia. It will create a hub in…
The New Democratic Party of Premier David Eby, who is currently in office, will form the next government for British Columbia.
Russian channels on Telegram said that Ukrainian drones attacked ethanol plants in Russia’s southern region Voronezh. The…
New Mexico is the second largest oil producer in the U.S. A leading economist released this week a study about potential drilling restrictions.
Baker Hughes, a closely watched energy services company, said that the U.S. firms maintained the same number of oil and gas rigs this week.
Francesco Gattei, the Chief Transition & Finance Officer of Italian energy giant Eni, said that it expects to receive net…
New Mexico's chief economic officer said in a recent report that the state is currently studying new drilling restrictions.
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