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FILE PHOTO: A woman shops for groceries at a market in Lima, Peru July 17, 2018.  REUTERS/Mariana Bazo/File Photo
Critical MineralsEconomyNews

Copper giant Peru sees economy expand for eighth straight month

Peru's GDP grew 3.93% in November 2023, marking eight months of expansion, driven by strong agriculture and fishing sectors.

FILE PHOTO: A view of the exterior of NXP semiconductors computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. REUTERS/Piroschka van de Wouw/File Photo
Electric Vehicles (EVs)FinanceNewsSemiconductor

Chipmaker NXP gets 1 billion euro loan from EIB for European projects

NXP secures €1B EIB loan for R&D in five EU countries, focusing on semiconductors, energy efficiency, and critical technologies.

An oil production site run by Civitas Resources is seen near Broomfield, Colorado, U.S, December 2, 2021.  REUTERS/Liz Hampton
BusinessNatural GasNewsOil

Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports

Civitas Resources is considering selling its Denver-Julesburg Basin assets, potentially valued over $4 billion, to focus on Permian.

FILE PHOTO: A model of a pump jack is seen in front of the displayed sign "stop",  U.S. and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Russian oil products trapped at sea by US sanctions, LSEG data shows

Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday.

FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCourtsLegislationNewsOil

Oil tycoon Shvidler says UK sanctions are arbitrary in landmark appeal

In the first case of its kind to reach the UK's Supreme Court, a billionaire oil tycoon challenges UK sanctions.

FILE PHOTO: Liberty Oilfield Services Inc. CEO Chris Wright rings a ceremonial bell on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., January 12, 2018.  REUTERS/Lucas Jackson/File Photo
BusinessElectricityEmissionsFuelNewsPolitics

Senate Democrats urge Republican to delay hearing for Chris Wright

Democrats urge delay in confirmation hearing for Trump's energy nominee Chris Wright, citing missing ethics paperwork.

FILE PHOTO: A view shows pipelines at a gas processing facility, operated by Gazprom company, at Bovanenkovo gas field on the Arctic Yamal peninsula, Russia May 21, 2019. Picture taken May 21, 2019. REUTERS/Maxim Shemetov/File Photo
AnalysisOilPoliticsTrade

Analysis: Russia’s Arctic oil feels the chill from US sanctions

US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.

FILE PHOTO: The brand logo of Nissan Motor Corp. is displayed at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. Picture taken July 14, 2020.  REUTERS/Issei Kato/File Photo
AutomotiveBusinessNewsTradeTransport

S&P lowers Nissan’s outlook to negative, affirms BB+ ratings

This follows Nissan's boost of incentives to cut high inventories amid slowing North American car sales.

FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo
BusinessNewsOilPoliticsTrade

Six EU countries call for lowering of G7 price cap on Russian oil

EU nations urge lowering the $60 Russian oil cap to cut war funds, aiming for peace without market shock.

Burnt cars are seen, as the Eaton Fire continues, in Altadena, California, U.S. January 13, 2025. REUTERS/Shannon Stapleton
BusinessClimateCourtsElectricityEnvironmentNewsResiliencyUtilitiesWeather

Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports

Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.

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