Japan’s Inpex selling stake in Russian oil project to Itochu, sources say
Reuters exclusively reported that Inpex Corp (1605.T), Japan’s top oil and gas explorer, is selling its minority stake in a Russian oil project in Siberia to Japanese trading house Itochu Corp...
View ArticleSaudi Arabia’s capacity U-turn was months in the making
Reuters exclusively reported that Saudi Arabia’s surprise reversal of its oil expansion ambitions was at least six months in the making, after Riyadh concluded its vast spare capacity was enough to...
View ArticleAnglo American considers deeper cost cuts in face of worst downturn in years
Reuters exclusively reported that Anglo American (AAL.L) may consider deeper cost-cutting measures unless market conditions improve after a fall in prices and a downturn in the platinum group metals...
View ArticlePemex platform in Mexico leaked clouds of methane even after UN alert
Reuters exclusively reported that State energy company Pemex released large volumes of methane from an oil platform in the Gulf of Mexico last year, with leaks recurring even after a United Nations...
View ArticleTurkish-Russian trade hit by fresh US sanctions threat
Reuters exclusively reported that a U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both...
View ArticleJapan’s Kyushu Electric to wait for US LNG policy clarity on Lake Charles
Reuters exclusively reported that Japan’s Kyushu Electric Power will wait until after the United States resumes issuing export licenses for new liquefied natural gas (LNG) projects before deciding on...
View ArticleAustralia’s highest paid banker in talks to join trader Mercuria
Reuters exclusively reported that Star Macquarie banker Nicholas O’Kane, whose resignation from the firm was announced this week less than a year after he received one of the largest pay cheques in...
View ArticleWhite House set to back tougher climate model for ethanol, sources say
Reuters exclusively reported that President Joe Biden’s administration is poised to announce an adjustment to its scientific modeling for ethanol that will show the corn-based fuel to be less...
View ArticleOccidental explores $18 bln-plus sale of Western Midstream, sources say
Reuters exclusively reported that Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline operator that has a market value of more than $18 billion,...
View ArticleIndia seeks $26 bln of private nuclear power investments, sources say
Reuters exclusively reported that India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don’t produce carbon...
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