Business

IEA Cuts Its Forecast for Oil Demand

The International Energy Agency cut its forecast for oil demand and said consumption may have to decline further in the coming months as the Iran war drags on and consumers are forced to adjust to lower supply. IEA oil industry and markets…

Guyana Signs Mineral Agreement With Mako Mining for Eagle Mountain Gold

Guyana signed a 10-year mineral agreement with Mako Mining for the Eagle Mountain gold project near Mahdia; construction from Q3 2027, first gold by end of 2028. The post Guyana Signs Mineral Agreement With Mako Mining for Eagle Mountain…

Luxury home in Corsica? Separatists are bombing multimillion-euro properties

Clean Arctic volunteers collect 28 tons of waste in Russia's northernmost city

Four vehicles and two loaders were used to remove bulky waste and to clean up the territory

Oil, peso woes drag PSEi below 6,100

MANILA, Philippines — Local stocks fell below 6,100 on Friday as rising global oil prices and a weak peso stoked concerns about renewed inflationary pressures. The benchmark Philippine Stock Exchange Index (PSEi) fell 0.61 percent, or…

First voyage from China to Murmansk converts city into big logistics hub, expert says

In late August, the first ship of China's NewNew Shipping Line, carrying more than 500 containers with automotive components for the Russian market, after having sailed along the Northern Sea Route, docked at the port of Murmansk

Russia’s oil exports down to 6.44 mbd in August, revenues up to $13.8 bln — IEA

Russia’s revenues from oil exports this August were $320 mln higher than in the same period last year

Nigeria: Shell Faces Trial Over Alleged Misleading Evidence in Nigeria Oil Spill Case

[Premium Times] A UK High Court has ruled that allegations that witnesses who testified for Shell during earlier proceedings gave false or misleading evidence can be examined ahead of the full trial of a long-running oil pollution case…

How to Make Sense of Mayhem in the Bond Market

The stock market is easy to talk about. But bonds are a different story. Our columnist has some pointers to help make you a bond maven.

Yemeni militants used Anthropic AI to try to build ballistic missiles

Missile test by group apparently failed, but exposes limits of AI safeguards

Houthis used Anthropic AI to try to build ballistic missiles

Missile test by group apparently failed, but exposes limits of AI safeguards

To Drill or Not to Drill? Britain Nears Decision on Aging North Sea Oil Fields.

Britain is considering expanding fossil fuel production at the risk of undermining its climate goals.