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Stock Market Today: Dow Steady After Tech Sell-Off; FedEx Dives On Earnings (Live Coverage)
Stock Market Today: The Dow Jones index held steady Wednesday after Tuesday's tech sell-off. FedEx d...
Mexico 1st half-month Core Inflation came in at 0.19% below forecasts (0.2%) in June
Mexico 1st half-month Core Inflation came in at 0.19% below forecasts (0.2%) in June...
Mexico 1st half-month Inflation came in at -0.11%, below expectations (0.1%) in June
Mexico 1st half-month Inflation came in at -0.11%, below expectations (0.1%) in June...
Uniper Sees Gas Shortage in Winter If Storage Rates Don't Speed Up
Energy giant Uniper warns that Germany could face natural gas shortages in the winter if it doesn't accelerate the rate of filling gas storage sites. Uniper's chief executive Michael Lewis called for ...
Ousted BP Chair Denies Bullying and Misconduct Claims
BP’s ousted chair has hit back at the group’s decision to fire him over governance issues, launching a robust defence of his short-lived tenure on the supermajor’s board and rejecting the “false narra ...
Suriname Wants Two Wins From One Block: Gas Is Done, Oil Could Follow
Suriname’s offshore Block 52, which has already yielded a major gas discovery, could be declared commercial for oil within the next year and a half, Annand Jagesar, managing director of Suriname’s sta ...
Malaysia Boosts Domestic Gas Use as Power Demand Hits Record Highs
A major heatwave and soaring data center electricity consumption are driving Malaysia’s power demand to record highs, pushing the world’s fifth-largest LNG exporter to increase domestic gas use for po ...
TotalEnergies Plans $5.2 Billion Offshore Wind Project in Normandy
TotalEnergies has applied for authorization of France's biggest renewables project, a 1.5-GW offshore wind project off Normandy, which is estimated to cost $5.2 billion, the French supermajor said on ...
High Freight Costs Force Asian Buyers to Cancel U.S. LPG Cargoes
The Middle East supply crunch has led to soaring freight rates to ship liquefied petroleum gas (LPG) to Asia from other regions, prompting some buyers to cancel U.S. cargoes due to the high shipping c ...
Europe Turns to Canadian LNG as Gulf and Russian Gas Risks Deepen
A number of European energy utilities have expressed interest in buying the future output of the Ksi Lisims LNG project, which will be Canada’s second export facility for liquefied gas. The Ksi Lisims ...
Three Oil and Two Gas Carriers Clear Hormuz
Two supertankers and an LNG carrier have passed through the Strait of Hormuz this week and are currently en route to their destinations in China and India, Reuters reported today, citing data from Kpl ...
IEA Forecasts a $3.4 Trillion Energy Investment Boom
Global energy investment is set to jump to $3.4 trillion this year, the International Energy Agency said today, noting that the rise will be driven by countries’ efforts to address the second energy c ...
Oil Prices Jump After Fresh U.S. Strikes on Iran
Oil prices spiked once again in early Asian trade on Thursday after reports of fresh U.S. strikes on Iranian military targets reignited fears that the most recent round of peace talks could give way t ...
China Keeps Rare Earth Pressure on Washington After Trump Summit
Two weeks ago, U.S. President Donald Trump paid a visit to Beijing for a high-level summit with Chinese leader Xi Jinping, with a view to stabilizing bilateral trade, securing new business deals, and ...
Shrinking Oil Inventories Raise Fears of Prolonged Energy Crisis
Global oil inventories are fast approaching a critical point, with Asia the first facing “minimum operational levels” and Europe close behind. This is the latest in a growing series of warnings from i ...