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Albemarle starts environmental review process for lithium extraction project in Chile
SANTIAGO, March 25 (Reuters) - Albemarle ALB.N said on Wednesday that it has started the environmental review process for its first project through Direct Lithium Extraction (DLE) in Chile. The U.S. based company, the world's largest producer of lithium, said in a statement that the project is d...Reuters
5 minutes ago
German Finance Minister sets out sweeping reform plans to boost growth
BERLIN, March 25 (Reuters) - Germany needs a new growth model for its sluggish economy, Finance Minister Lars Klingbeil said on Wednesday, outlining a range of proposals including income tax reform and capping excess profits of energy companies. "Whether Germany remains a strong country is up...Reuters
15 minutes ago
SLB expands Nvidia partnership to develop AI infrastructure for energy sector
March 25 (Reuters) - Oilfield services company SLB SLB.N said on Wednesday it would expand its partnership with Nvidia NVDA.O to develop artificial intelligence infrastructure and models for the energy industry, as companies look to scale up use of the technology.The deal builds on the two companies...Reuters
20 minutes ago
Nigeria to launch trade platform at ports as part of reform push
LONDON, March 25 (Reuters) - Nigeria will launch a key digital platform on Friday to streamline imports and exports in a "game changer" for trade in the West African nation, Minister of Trade and Investment Jumoke Oduwole told Reuters. • The first phase of Nigeria's National Single Windo...Reuters
23 minutes ago
Russia's Baltic ports halt oil loadings after massive Ukrainian drone attack, sources say
Attacks among the largest on oil export facilities in RussiaPorts had briefly resumed exports after earlier strikesBlack smoke seen over the Gulf of Finland March 25 (Reuters) - Russia's Baltic ports of Primorsk and Ust-Luga, major export terminals, suspended crude oil and oil products loadin...Reuters
24 minutes ago
India aims to cut emissions intensity by 47% by 2035 from 2005 levels
March 25 (Reuters) - India's cabinet has approved a target to cut emissions intensity by 47% by 2035 from 2005 levels as part of its formal climate pledges under the Paris Agreement, Information Minister Ashwini Vaishnaw said on Wednesday.Emissions intensity refers to greenhouse gas emissions re...Reuters
32 minutes ago
SOFTS-Raw sugar tumbles off five-month high; cocoa, coffee also fall
LONDON, March 25 (Reuters) - Raw sugar futures on ICE tumbled off the prior session's five-month high on Wednesday as reports the U.S. is seeking a ceasefire with Iran weighed on oil prices.Coffee and cocoa prices also fell. SUGAR Raw sugar SBc1 fell 2.8% to 15.44 cents per l...Reuters
33 minutes ago
Iran sees truce and talks as not viable in current conditions – Fars
Citing informed sources on the matter, Iran's Fars news agency reported on Wednesday that Tehran doesn't see truce and talks as viable in current conditions, despite the United States' increased efforts to establish a ceasefire and begin direct negotiations.
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35 minutes ago
GRAINS-Corn and wheat fall as investors assess reports of US ceasefire plan
Oil prices drop over 5% on reported US proposals to end Mideast warSoybeans steady with soymealGrain markets watching fertiliser impact from war PARIS/BEIJING, March 25 (Reuters) - Chicago corn and wheat futures fell on Wednesday, tracking weakness in crude oil following U.S. proposals to end the...Reuters
40 minutes ago
PRECIOUS-Gold jumps over 2% as falling oil prices ease inflation concerns
Gold rebounds from four-month low hit on MondayOil prices slide over 5% on reports of a US ceasefire planIran's military rejects Trump's talk of negotiationBy Ishaan Arora March 25 (Reuters) - Gold prices climbed more than 2% on Wednesday, as falling oil prices eased some inflation concer...Reuters
43 minutes ago
Oil falls as reports of 15-point proposal spurs ceasefire hopes
Trump cites progress with Iran, US proposes plan to end war Iran tells UN 'non-hostile' ships can transit Strait of HormuzSaudi hikes Yanbu exports to work around Hormuz halt, data showsRussia halts Baltic oil exports after Ukrainian drone attacksBy Seher Dareen LONDON, March 25 (Reuters)...Reuters
59 minutes ago
France's Gravenchon refinery increasing fuel refining by 10% to ease supply issues
PARIS, March 25 (Reuters) - France's Gravenchon refinery operated by North Atlantic has agreed to increase production of specific fuels by 10%, after talks between the French government and refiners over the current energy market situation, Delegate Minister for the French Energy Ministry Maud B...Reuters
an hour ago
Iranian strikes pose ‘existential threat’, Gulf states tell UN
UN rights chief says civilian attacks may be war crimesIran claims 1,500 civilian deaths from U.S.-Israeli strikesGulf states denounce attacks on energy and airports By Emma Farge GENEVA, March 25 (Reuters) - Gulf Arab states told the U.N. Human Rights Council on Wednesday they face an existentia...Reuters
2 hours ago
Sony-Honda JV scraps Afeela EV plans after Honda strategy overhaul
JV says Afeela unviable after Honda scaled back EV plansSony is latest tech firm to abandon an EV project Honda, Sony say move will not materially affect financialsBy Daniel Leussink and Kantaro Komiya TOKYO, March 25 (Reuters) - Sony Honda Mobility, the joint venture between Japanese electronic...Reuters
2 hours ago
KNOT Offshore Q4 revenue beats estimates on higher fleet utilization
OverviewShuttle tanker operator's Q4 revenue rose, beating analyst expectationsCompany posted Q4 net loss after $20.3 mln non-cash impairment on Bodil KnutsenCompany completed $3 mln unit buyback program during the periodOutlookCompany has secured 98% charter coverage for H1 2026, 88% for H2 202...Reuters
2 hours ago
Germany unveils climate plan to cut emissions, fossil fuels
BERLIN, March 25 (Reuters) - Germany set out plans on Wednesday to help it meet 2030 climate targets and reduce its dependence on volatile fossil fuel imports, making 8 billion euros ($9.28 billion) available to implement the measures. Although the long-awaited 67-point programme is primarily a resp...Reuters
2 hours ago
