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China is willing to improve and stabilize bilateral relations with the United Kingdom, as well as to cooperate more in the areas of infrastructure…
Sources say Vale is in advanced discussions to sell Brazil renewable assets GIP.
Two people familiar with this matter have confirmed that Vale, the Brazilian mining giant, is in advanced discussions to…
Germany wants EU to relax its gas storage targets
The German ministry of economic affairs and climate said that they are concerned about the cost. In response to the disruption…
Financial Times reports that Elliott has a $5 billion stake in BP.
The Financial Times reported that Elliott Management, an activist investor, has revealed a nearly 5% stake in BP. This makes…
Maguire: Recovering wind power may cool Europe's hot gas market
The wind-powered electricity produced in Europe in January 2024 was down by more than 7%, denying regional power producers…
German spot contracts increase as imports are expected on Friday
The European power market split on Thursday, with Germany's contract for Friday increasing on the back of an anticipated drop in wind energy supply.
Norway Oil Industry expects record investments in the coming year
A survey by the Norwegian National Statistics Office (SSB) on Thursday showed that Norwegian oil and natural gas investments…
Neste Finland to cut 600 jobs due to quarterly profits slumping
Neste, a Finnish biofuel and oil refiner, announced on Thursday that it would cut 600 jobs after its core profit for the…
India demands that Russian oil suppliers comply with sanctions
India, the world's No.2 importer of crude oil from Russia, wants to buy Russian oil only if it is supplied by companies and…
Palm oil falls on Dalian crude oil, weakening it
Malaysian palm futures dropped on Thursday, ending a five session rally. Pressured by lower Dalian oil and lower crude oil prices…
Britain launches offshore Wind Farm Incentives Scheme
The UK launched an incentive programme for offshore wind projects on Thursday, hoping to convince developers to invest in…
Cristal Union reports that its sugar production for 2024/25 has increased to 1.5 million tonnes
The second largest sugar producer in France, Cristal Union, announced on Wednesday that it had produced 1.5 million metric tonnes of sugar in 2024/25.