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FILE PHOTO: General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo
BusinessFuelNewsOil

Saudi Arabia kicks off Aramco share sale with demand said to be high

In a landmark deal, Saudi Arabia has begun a secondary share sale in oil giant Aramco.

By Ousef Saba, Hadeel Al Sayegh and Maha El Dahan2 Jun 2024Reuters
FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
News

OPEC+ agrees extension of production cuts, sources say

OPEC+ poised to argue for deeper oil output cuts in 2024 and 2025.

By Ahmad Ghaddar, Alex Lawler and Maha El Dahan2 Jun 2024Reuters
Children play near a poster for the uMkhonto weSizwe party in the township Botleng in Delmas, South Africa May 30, 2024. REUTERS/Ihsaan Haffejee
AnalysisCoalEditorialElectionsFuelPolitics

In South Africa’s coal belt ANC heartland, voters defect en masse

With the ANC on track to get 42% of the vote in the election, the anger in its coal-mining belt hints as to...

By Tim Cocks31 May 2024Reuters
FILE PHOTO: Logo of Anglo American is seen on a jacket of an employee of the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
AnalysisBusinessElectionsIn-DepthMineralsMiningPolitics

How a rattled South Africa became Anglo’s best defence against BHP bid

More than half a dozen people, including investors and ex-mining executives, told Reuters that Anglo American was able to rebuff BHP's approaches because...

By Felix Njini and Clara Denina30 May 2024Reuters
FILE PHOTO: Officials inspect the carcass of an elephant in Hwange National Park, Zimbabwe December 7, 2023 REUTERS/Nyasha Chingono/File Photo
BiodiversityClimateNewsWeather

Southern African countries fear losing more elephants to drought

Southern African countries home to the largest elephant population in the world fear a rise in animal deaths in the coming months as...

By Nyasha Chingono30 May 2024Reuters
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier
BusinessFinanceFuelNewsOil

Saudi Arabia sets up new Aramco share sale that could raise $13.1B

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise as much as...

By Hadeel Al Sayegh, Maha El Dahan and Yousef Saba30 May 2024Reuters
FILE PHOTO: President of China Xi Jinping and South African President Cyril Ramaphosa attend the China-Africa Leaders' Roundtable Dialogue on the last day of the BRICS Summit, in Johannesburg, South Africa, August 24, 2023. REUTERS/Alet Pretorius/Pool/File Photo
Critical MineralsMineralsNewsOilTrade

Analysis: China is back in Africa and doubling down on minerals

China's flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus.

By Rachel Savage and Duncan Miriri28 May 2024Reuters
FILE PHOTO: An aerial view of the Barbados-flagged ship True Confidence ablaze following a Houthi missile attack at sea, March 6, 2024, in this handout photo. DVIDS/Handout via REUTERS/File Photo
BusinessClimateEmissionsMaritimeNewsTransport

How Red Sea disruptions are driving up carbon emissions

Attacks on ships traveling the Red Sea is forcing shippers to reroute their vessels on journeys that drive up their carbon dioxide emissions.

By Richa Naidu28 May 2024Reuters
Miners work at an illegal tin mining site in Jos, Nigeria, Wednesday, April 3, 2024. The recent arrests come as Nigeria seeks to regulate mining of critical minerals, curb illegal activity and better benefit from its mineral resources. (AP Photo/Sunday Alamba)
Critical MineralsMineralsMiningNewsTrade

Nigerian government cracks down on illegal lithium miners

Dozens of arrests made after Nigeria's lithium mining industry being impacted by unlicensed operators in areas with minimal official presence.

By Taiwo Adebayo26 May 2024The Associated Press
FILE PHOTO: A 3D printed natural gas pipeline is placed in front of displayed Saudi Aramco logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyFinanceNewsOilPolitics

Saudi Arabia plans Aramco share sale as soon as June, sources say

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be one of the...

By Hadeel Al Sayegh and Federico Maccioni24 May 2024Reuters

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FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, U.S., September 27, 2024. REUTERS/Shannon Stapleton//File Photo

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

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FILE PHOTO: A BMW logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

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dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

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Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

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