Seher Dareen
First Quantum CEO does not see Cobre Panama mine re-opening this year
The mine is not in production since November 2023 when the Panama government ordered the shutdown due to protests over environmental issues.
China’s Zijin Mining to take 9.9% stake in Canada’s Montage Gold
The Chinese mining firm scrapped plans earlier this year to acquire a stake in Solaris Resources.
Nuclear companies surge on clean energy demand bets to power AI
Nuclear power companies Constellation Energy and Vistra have become the top S&P 500 performers after Super Micro and Nvidia, as investors look beyond...
Devon Energy to buy Grayson Mill’s Williston assets for $5 billion
Private equity firm cashes out on business to add 307,000 net acres to Devon Energy's position in Williston Basin.
U.S. jet fuel output rises to pre-COVID levels as demand soars
U.S. refiners pumped out jet fuel last week at the fastest pace since the pandemic, government data showed, as they look to keep...
ConocoPhillips in advanced talks to buy Marathon Oil, FT reports
Conoco-Marathon deal values the oil company at a little over $15bn, though negotiations could still falter, in latest consolidation of US market.
US utility Allete goes private in $6.2 billion deal
A partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners to acquire US utility Allete for $6.2 billion, including debt
First Solar posts higher quarterly profit on strong demand
First Solar profits up after market boosted by tax credits and a limit on Chinese imports under Biden administration.
Holtec files lawsuit against New York’s radioactive materials rules
Nuclear decommissioning company objects to state law banning New York's radioactive waste being discharged into the Hudson River.
EQT to sell some natgas assets in Pennsylvania to Equinor USA
Natural gas prices have plummeted to three-year lows, forcing producers to curb output and spending on drilling activity.
