Indices

Edison to buy U.S. LNG from Shell in 15-year deal starting 2028

Italy's energy company Edison on Wednesday signed an agreement with Shell to purchase liquefied natural gas from the United States, expanding its long-term portfolio. The Italian...

Exxon expects EU to sign long-term US gas deals, FT reports

ExxonMobil expects the European Union to sign multi-decade U.S. gas contracts under its pledge to buy billions of dollars of American energy, the Financial Times reported on Wednesday. ...

Southeast Asia set to export surplus biofuels to Europe, Petronas executive says

SINGAPORE -Southeast Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a senior executive with Malaysian state oil and gas...

Instant View: Anglo, Teck forge $53 billion mining giant in bet on surging copper demand

London-listed Anglo American and Canada's Teck Resources will merge in a $53 billion deal, the companies said on Tuesday, the biggest mining tie-up in more than a decade. The new...

Hot, dry weather seen pushing French wine output below five-year average

PARIS -French wine production is expected to rise 3% from last year's rain-hit season but fall 13% from the five-year average as a heatwave and drought in August and smaller vine area cut output in...

India, EU push to close gaps in trade talks as year-end deadline looms

India and the European Union are holding potentially decisive trade negotiations in New Delhi this week, seeking to resolve differences over agriculture, dairy and non-tariff barriers to meet an...

TotalEnergies, South Korea's KOGAS sign 10-year LNG supply deal

TotalEnergies and South Korea's KOGAS have signed a 10-year agreement to deliver 1 million tons of liquefied natural gas per year in South Korea starting in 2027, the French oil major said on...

Permira, Blackstone take $525 million minority stake in Dubai's Property Finder

Permira and Blackstone Inc are acquiring a $525 million minority stake in Dubai-based classifieds firm Property Finder, according to a joint statement on Tuesday, in a sign of continued investor...

Stocks rise on rate cut bets, political upheaval unsettles currencies globally

A global index of stocks was higher on Monday while the dollar fell broadly - but gained against the yen - as investors grappled with political uncertainty in countries from Japan and Indonesia to...

Italy, US agree to boost LNG ties and infrastructure investment

ROME -Italy and the United States on Monday vowed to deepen energy ties including through increased exports to Italy of liquefied natural gas , as Europe continues to seek alternatives to Russian...

Data center builder Fermi files for US IPO as new listings accelerate

Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new...

Germany extends trusteeship of Rosneft assets to March

BERLIN -The German government has extended its trusteeship over the German assets of Russian oil producer Rosneft until March 10 next year, the economy ministry in Berlin said on Monday. ...

China's Leapmotor launches EV hatchback at Munich car show, boosting European lineup

MUNICH -Leapmotor unveiled the B05, a new hatchback model, at the Munich car show on Monday, adding another product to the Chinese EV maker's lineup in Europe as competition heats up for affordable...

Russia is fully compliant with OPEC+ commitments, Novak says

MOSCOW -Russia is fully compliant with its OPEC+ commitments, Russian Deputy Prime Minister Alexander Novak said on Sunday. Eight OPEC+ members agreed to raise oil production by 137,000...

Gas storage levels in Italy and Europe are good, Italian minister says

CERNOBBIO, Italy -Gas storage levels in Europe are good, Italian Energy Minister Gilberto Pichetto Fratin said on Saturday, adding that his own country was close to the 90% target set by the European...

S.Africa's electricity regulator backs ArcelorMittal's bid for discounted tariffs

ArcelorMittal South Africa meets the criteria for discounted electricity tariffs in terms of set rules, the country's energy regulator said on Friday, backing a plea by the loss-making steelmaker. ...

Global equity fund inflows jump on rate cut expectations

Global equity funds drew their biggest weekly inflows in three weeks in the period to September 3, lifted by growing expectations of a Federal Reserve rate cut this month and a favorable antitrust...

India looking beyond US for pharma exports amid tariff tensions

NEW DELHI -India is seeking to boost drug exports to semi-regulated markets in Africa, Latin America and Southeast Asia to reduce its dependence on the U.S., where tariff concerns pose risks,...

Goldman Sachs sees gold prices surpassing  $4,000 if investors ramp up buying

Goldman Sachs said gold prices could surge well above its $4,000 per troy ounce baseline by mid-2026, should private investors diversify more heavily into the metal. Spot gold prices...