Focus on News
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.
US issues fresh round of sanctions against Russia ahead of Trump return to White House
The U.S. imposed new sanctions on nearly 100 Russian entities amid ongoing efforts to tighten pressure on Moscow over Ukraine.
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.
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.
Energy minister makes the case for U.S.-Canada energy alliance in Washington
Wilkinson told US lawmakers that there is no better way to achieve economic dominance and strength against China than to work with Canada.
New York City lawsuit against Exxon, BP, Shell over climate change dismissed
NYC lawsuit against Exxon, BP, and Shell over alleged greenwashing dismissed; judge cites lack of proof and vague claims.
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.
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.
GM signs supply deal with Vianode for synthetic graphite for EV batteries
The deal will run from 2027 when Vianode launches production at a plant in North America, through to 2033.
Trump’s energy department pick calls for more LNG and nuclear power
Trump's Energy Department pick, Chris Wright, prioritizes expanding U.S. energy production.
