Senegal opposition coalition promises new currency and revamp of oil contracts
A Senegalese opposition coalition backed by popular firebrand Ousmane Sonko launched its presidential campaign platform on Saturday with promises to create a new national currency and renegotiate mining and energy contracts.
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Visit: 84
Oil and gas upstream M&A deal value hits highest Q1 levels since 2017
An ongoing consolidation in the US shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said.
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Visit: 161
Western miners lag as oil powers enter race for Africa’s critical metals
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa’s reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate China’s years of investment on the continent.
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Visit: 107
Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project
Mining News Pro - Russian mining giant Norilsk Nickel and oil company LUKOIL are in the process of creating a large oil and gas project, the daily Kommersant reported on Tuesday.
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Visit: 77
Rage against copper producer roils markets, Panama government
Mining News Pro - Panama’s ratification of a deal with a copper miner last month should have been a formality. Instead, it triggered nationwide protests that paralyzed the economy, destabilized the government and led to a nationwide ban on new mines.
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Visit: 95
Rage against copper producer roils markets, Panama government
Mining News Pro - Panama’s ratification of a deal with a copper miner last month should have been a formality. Instead, it triggered nationwide protests that paralyzed the economy, destabilized the government and led to a nationwide ban on new mines.
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Visit: 86
Big Oil, heavy industry discuss emission curbs ahead of COP28
Mining News Pro - Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab Emirates in an effort to agree a firm commitment to reduce carbon emissions ahead of a United Nations climate summit next month.
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Visit: 190
Ecuador’s tense vote also threatens to end mining, oil projects
Mining News Pro - While investors are focused on Ecuador’s tumultuous presidential election, two other measures on the ballot in the Aug. 20 vote will also shape the country’s financial future.
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Visit: 164
Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito
Mining News Pro - Ecuadoreans will decide in two August referendums whether oil and mining projects in key regions of the country can continue, weighing Indigenous and environmental concerns against billions in potential lost income.
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Visit: 185
Chevron considers lithium production in latest EV bet by big oil
Mining News Pro - Chevron Corp. is considering opportunities to produce lithium that would be used in electric vehicle batteries, chief executive officer Mike Wirth said in a Bloomberg interview.
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Visit: 156
Chevron considers lithium production in latest EV bet by big oil
Mining News Pro - Chevron Corp. is considering opportunities to produce lithium that would be used in electric vehicle batteries, chief executive officer Mike Wirth said in a Bloomberg interview.
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Visit: 112
Argentina’s Pan American Energy joins oil industry’s push into lithium
Mining News Pro - A top Argentine crude exporter plans to start exploring for lithium in the latest case of oil and gas producers joining the rush for the battery metal in a pivot away from fossil fuels.
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Visit: 229
Mobarakeh Steel producing more than 20 thousand tons of hot coil a day
Mining News Pro - In the hot rolling section, at the beginning of the year, Mobarakeh Steel Company managed to set a new record with the production of 20 thousand 486 tons of hot coils in one day.
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Visit: 190
Russia’s Sberbank urges Glencore to resolve dispute over oil bill
Mining News Pro - Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying the global commodities trader could have found a way to pay up without violating Western sanctions.
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Visit: 264
Oil Giant Shell Makes Move Into Bitcoin Mining Industry
Mining News Pro - David Bailey, CEO of Bitcoin Magazine, was quoted as saying that an energy giant like Shell entering the mining space is “a big win for Bitcoin.”
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Visit: 418
Canadian government sued by environmental groups over 20 oil and gas “sleeper” permits
Mining News Pro - Two environmental groups are suing the Canadian federal government over 20 oil and gas “sleeper” exploration permits originally granted off the coast of British Columbia in the late 1960s and 1970s.
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Visit: 379
Special Oxin Steel products are crucial for Iran’s oil and gas industry
Mining News Pro - Khuzestan Oxin Steel began its operation in 2008 with the aim of meeting the country's need for API and special alloy sheets used in oil and gas industries.
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Visit: 927
Ten financial actors own half of the world’s oil, gas, coal emissions
Mining News Pro - Ten financial actors with the most influence on the fossil fuel economy own 49.5% of potential emissions from the world’s largest energy firms, a recent study has found.
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Visit: 499
Oil posts first monthly drop this year as OPEC hikes supply
Mining News Pro - Oil marked its first monthly decline since November as OPEC+ completed the return of output it halted during the pandemic and signs emerged that the US economy was on weaker footing than expected.
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Visit: 515
Biden urges G7 to stay together as leaders target Russian gold, oil price
Mining News Pro - US President Joe Biden told allies “we have to stay together” against Russia on Sunday as G7 leaders gathered for a summit dominated by war in Ukraine and its impact on food and energy supplies and the global economy.
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Visit: 723
Bitcoin miners help US oil producers cut flaring
Mining News Pro - US oil producers are turning to an unexpected source to help solve the environmental problem of excess natural gas — cryptocurrency miners.
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Visit: 627
Asia’s two richest men reap windfall from surging oil, coal
Mining News Pro - Gautam Adani and Mukesh Ambani are profiting from a surge in global commodity prices triggered by Russia’s invasion of Ukraine, burnishing their fossil-fuel credentials even as Asia’s richest men publicly push their pivots toward greener energy.
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Visit: 492
Oil drops as China lockdowns overshadow Russian output risk
Mining News Pro - Oil fell as lockdowns across China countered looming European Union measures to limit purchases of Russian fuel.
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Visit: 755
Head of Mexico City government compares lithium nationalization to that of oil 84 years ago
Mining News Pro - Following the nationalization of the lithium industry approved by the country’s Senate on April 21, Claudia Sheinbaum, head of the government of Mexico City, said during a public speech over the weekend that the decision is comparable to the nationalization of the oil industry approved during the presidency of Lázaro Cárdenas, 84 years ago.
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Visit: 558
Canada climate goals set high hurdle for Suncor oil sands mine extension
Mining News Pro - Canada is favouring oil projects with lower carbon emissions per barrel to help meet its climate targets, a strategy that may block Suncor Energy’s plan to expand bitumen mining to feed its key oil sands operations.
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Visit: 646