Wednesday, April 24, 2024
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EU tussle over climate change ambition hots up after Parliament vote

The European Parliament has voted in favour of a legally binding target for the European Union to cut its greenhouse gas emissions by 60% by 2030, against 1990 levels,...

Oil prices gain on supply disruptions, Trump’s hospital exit

Oil prices gained on Tuesday amid supply disruptions in Norway, a new hurricane in the Gulf of Mexico, and U.S. President Donald Trump’s return to the White House after...
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S.

Oil prices rebound 2% on Trump’s health, Norway strike escalation

Oil prices rose more than 2% on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday,...

Oil extends losses after Trump tests positive for COVID-19

Oil prices extended losses to about 3% on Friday after U.S. President Donald Trump said he has tested positive for COVID-19, while agrrement on a U.S. stimulus package eluded...

Stimulus hopes ease markets into eventful fourth quarter

Renewed U.S. stimulus hopes lifted global markets on Thursday, though an all-day outage on Tokyo’s Nikkei and a Brexit legal row ensured a bumpy start to what could be...

India gets no bids for two-fifths of coal mines up for auction

India received no bids for 15 of the 38 mines to be auctioned as a part of its plan to open up coal mining to private companies, reflecting little...

Oil prices drop as demand worries counter U.S. stimulus hopes

Oil prices dropped on Tuesday, paring gains from the previous session, as persistent demand concerns due to the coronavirus pandemic outweighed hopes generated by a new U.S. stimulus package...

Air France leads tax pushback in climate vs recovery fight

Air France-KLM AIRF.PA is battling new green taxes on top of the coronavirus crisis - in a test of growing policy tensions between righting Europe's crippled airlines and delivering on climate...

China on course for record LNG imports as industries recover, expand

China’s imports of liquefied natural gas will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential...

Shell considering sale of stake in Philippines’ Malampaya project

Royal Dutch Shell PLC RDSa.L is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, the key power source of the country's main island of Luzon,...