International
French carmakers target fourfold jump in EV sales by 2027
French car industry will ramp up EV sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday
Gasoline demand growth to slow this year on EV growth in China, U.S.
Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, driven by a shift to electric cars in China and the...
Big Oil finds more to love in deepwater exploration fields
"Back in vogue": Newer deepwater oil projects offer companies longer-term production, lower breakeven costs, big resource potentials and lower carbon emissions.
MP Materials report wider-than-expected Q1 loss
Rare earths miner MP Materials reported wider-than-expected loss in first quarter on Thursday, hurt by lower concentrate sales and weak prices of the...
Glencore studying an approach for Anglo American, sources say
Anglo American is attractive to its competitors for its prized copper assets in Chile and Peru, a metal used in everything from electric...
Xi’s trip to Europe may lay bare West’s divisions over China strategy
Chinese President Xi Jinping heads to Europe at a time when the EU is threatening to hammer China's EV and green energy industries...
Banks slow to limit coal financing: NGO
Environmental group Urgewald's coal report shows banks continue to lend billions to the fossil fuel industry, jeopardising Paris Agreement goals.
OPEC+ could extend oil cuts, formal talks yet to start, sources say
OPEC+ has implemented a series of output cuts since late 2022, which could continue if demand fails to pick up.
