Finance news

3,283 items · filtered by Kanal: oil_gas

Russia Ramps Up Pressure on Kyiv With Deadliest Strikes in Months

Russia pummeled the Ukrainian capital in one of its largest drone-and-missile assaults this year, killing at least 17 people, highlighting Moscow's stubborn efforts to pound Kyiv into submission. The July 2 attack came amid weeks of Ukrainian drone strikes that have targeted Russian oil refineries, a campaign that caused fuel shortages nationwide and stoked discontent among Russians disconnected the Ukraine war, now in its fifth year. Russia's military said the assault was in response to “terror

◇ unclassifiedmiddle-east · russia · usa

9d07/02

Russia Gasoline Shortage Starts to Spill Into Central Asia

Russia's gasoline-supply crunch is starting to ripple into Central Asia.

◇ unclassifiedmiddle-east · usa · russia

9d07/02⚠ war-conflict · 3/5

Nigeria's NNPC Revenue Drops in May Despite Higher Oil Output

NNPC Limited booked lower revenues in May compared to April despite the higher crude oil and condensate production, the latest monthly figures by the Nigeria's state oil and gas firm showed. NNPC's revenues fell to $3.15 billion (4.335 trillion Nigerian naira) in May, from $3.62 billion (4.97 trillion naira) in April, as oil prices eased from the Iran war-time highs seen in April. Profit after tax also fell in May from the previous month, despite the fact that crude and condensate production inc

◇ unclassifiedmiddle-east · russia · usa

9d07/02⚠ war-conflict · 2/5

High-end camping and a capital raise: AutoCamp is banking on summer travel to fuel growth

AutoCamp offers Airstream suites, polished cabins, fire pits, design-forward amenities and access to iconic outdoor destinations.

◇ unclassifiedusa

9d07/02

Execs Predict Where Henry Hub Price Will Land in Future

Executives from oil and gas firms revealed where they expect the Henry Hub natural gas price to be at various points in the future in the second quarter Dallas Fed Energy Survey.

◇ unclassifiedmiddle-east · usa

9d07/02

OMV, Energie Steiermark Announce Early-Stage Austrian Geothermal Project

The Austrian companies unveiled a joint project to enable up to 670 gigawatt hours a year of heating capacity in the southeastern state of Styria.

◇ unclassifiedmiddle-east · usa

9d07/02

European Union: Nadia Calviño in an interview: The woman who is driving Europe's capital market forward

Europe has talent, start-ups and research, but too little capital. Nadia Calviño heads the European Investment Bank and wants to change that. She explains her plan to the Handelsblatt.

◇ unclassifiedgermany · europe

9d07/02⚠ shipping-routes · 3/5

India Fast-Tracks State Company Stake Sales to Cover Oil Shock Costs

India is accelerating a plan to sell stakes in major state-held companies as it looks to raise billions of U.S. dollars to plug the gap left by the oil shock from the Strait of Hormuz closure. The Indian government has identified eight state-owned companies in which it would seek stake sales in the coming months, including in major insurers and banks, sources with knowledge of the plan told Bloomberg on Thursday. The proceeds from the stake sales could be worth $1 billion each for some of the bi

◇ unclassifiedmiddle-east · russia · usa

9d07/02

Thailand says photo of Macron kneeling before King Vajiralongkorn is AI-generated

Thailand’s foreign ministry denied on Thursday that French President Emmanuel Macron knelt before the country’s king during his state visit to Paris this week, after an AI-generated picture circulated online. King Maha Vajiralongkorn and Queen Suthida’s trip was the first official visit by a Thai monarch to France since 1960, marking the 170th anniversary of formal diplomatic relations between the two nations. During a state dinner at the presidential palace, Macron presented the 73-year-old...

◇ unclassifiedchina · asia

9d07/02

Genel to Acquire Capricorn for $360 Million

The merger will see the British company, whose production comes from Iraq's Kurdistan region, expand into Egypt in the Sahara desert.

◇ unclassifiedmiddle-east · usa · uk

9d07/02

Japanese Banks Commit $496 Million to India's Power Grid Expansion

Japanese banks are set to provide financing of up to the equivalent of $496 million for a key grid transmission project in India under a new Asian framework on energy cooperation, Nikkei Asia reported on Thursday. Japan's Sumitomo Mitsui Banking Corp (SMBC), Kansai Mirai Bank, and the state-backed Japan Bank of International Cooperation (JBIC), are lining up for up to 80 billion yen, or $496 million in current exchange rates, in syndicated financing for a high-voltage direct current (HDVC) trans

◇ unclassifiedmiddle-east · russia · usa

9d07/02

China AI drug-design deals swell as US scrutiny mounts

Riding a wave of booming cross-border dealmaking, China’s AI-driven drug-design firms are charging onto the global stage despite Washington’s growing scrutiny of Chinese biotech firms. The value of out-licensing deals struck by Chinese biotech companies with top global multinational pharmaceutical companies climbed to US$75 billion in the first five months of 2026, up from zero before 2020, according to Linda Shu, head of China healthcare research at HSBC. In total, over the five months, these..

◇ unclassifiedchina · asia · usa

9d07/02

Commodities: Extreme weather drives up these commodity prices

While oil prices fell by around a quarter in June, several raw materials rose by double digits. The reason is concern about the El Niño weather phenomenon.

◇ unclassifiedgermany · europe

9d07/02⚠ war-conflict · 2/5

Harvest time: Farmer President: “Mini-jobbers cannot be replaced by us”

Fewer mini-jobs? Farmers President Rukwied warns: The harvest won't work without mini-jobbers. He reacts to the current debate without understanding.

◇ unclassifiedgermany · europe · uk

9d07/02⚠ shipping-routes · 2/5

Saudi Arabia Rushes Crude Exports Through Reopened Strait of Hormuz

About 10 million barrels of Saudi crude have cleared the Strait of Hormuz in recent days, as supertankers continue to load oil from the Saudi port of Ras Tanura in the Persian Gulf and Saudi Arabia is ramping up oil exports to Asia. Saudi oil giant Aramco, the world's single largest crude oil exporter, has already managed to ship at least five supertankers from Ras Tanura through the Strait of Hormuz, Reuters reported on Thursday, citing shipping data and trade sources. At least another four sup

◇ unclassifiedmiddle-east · russia · usa

9d07/02

Income tax: One percent less for those below, 49.585 percent for those above

The relief of ten billion euros that has now been decided is largely constitutionally required. However, large family businesses are put under greater strain. A comment.

◇ unclassifiedgermany · europe

9d07/02

Petronas Makes New Discoveries offshore Suriname

Malaysia's national oil and gas company said it has now drilled 8 successful wells with combined recoverable resources of over 1 billion barrels of oil equivalent in the South American country.

◇ unclassifiedmiddle-east · usa

9d07/02

AI Boom Drives Record Surge in Battery Demand

Battery demand has soared in recent months as developers of data centers and AI computing are increasingly relying on battery energy storage to manage power surges, executives at battery start-ups have told the Financial Times. For example, U.S.-based sodium-ion battery start-up Alsym Energy, backed by investments from India’s Tata Group, has seen demand surge this year, as developers want energy storage to support their operations at times of extreme power fluctuations. “Battery has become an e

◇ unclassifiedmiddle-east · russia · usa

9d07/02

Politics: AfD party conference in Erfurt: That's what this weekend is about

The AfD dual leadership is likely to be confirmed unchallenged. The second row will be exciting: Höcke's confidante Stefan Möller is running as vice-president. Authorities are expecting massive protests.

◇ unclassifiedgermany · europe

9d07/02⚠ war-conflict · 2/5

AI: ECB calls for more cybersecurity at banks

The ECB's top banking supervisor warns of cyber threats from artificial intelligence. It demands that institutes permanently invest billions in IT security.

◇ unclassifiedgermany · europe

9d07/02

Chinese Teapots Snap Up Middle East Crude As Prices Slide

Chinese private refiners are buying Middle Eastern crude on the spot market amid falling prices, Bloomberg reported today, citing two purchases of Saudi and Emirati crude. According to the report, one teapot refiner, Rongsheng Petrochemical Co. bought a cargo of Saudi crude for prompt delivery this month, and another, Shengdong petrochemical Group Co. snapped up an Emirati Upper Zakum crude cargo. A third private refiner from China bought a cargo of Iraqi Basrah crude for delivery next month, un

◇ unclassifiedmiddle-east · russia · usa

9d07/02

Reforms for Germany: This is in the coalition's reform package

In recent surveys, fewer and fewer citizens trust the federal government to solve the country's problems. Now the CDU, CSU and SPD are delivering.

◇ unclassifiedgermany · europe

9d07/02

Handelsblatt Live: Now in the video stream: Commerzbank takeover – danger or opportunity for Germany?

Commerzbank is defending itself against a takeover by the major Italian bank. Rightly so? Two economists will discuss this in a debate today - and answer your questions live.

◇ unclassifiedgermany · europe

9d07/02

Handelsblatt Live: Commerzbank takeover – danger or opportunity for Germany?

Commerzbank is defending itself against a takeover by the major Italian bank. Rightly so? Two economists will discuss this in a debate today - and answer your questions live.

◇ unclassifiedgermany · europe

9d07/02⚠ war-conflict · 2/5

Decline in orders: Weak demand from the euro area is weighing on mechanical engineering companies

Mechanical engineers in Germany have slightly fewer orders than in the previous year. The industry remains on hold, says the VDMA association.

◇ unclassifiedgermany · europe · australia

9d07/02

Iran Struggles to Woo Oil Buyers before US Waiver Expires

A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window granted by Washington.

◇ unclassifiedmiddle-east · usa · iran

9d07/02

Living in old age: Seniors discover the shared apartment

When the house gets too big, older people look for roommates. What advantages does a senior shared apartment offer?

◇ unclassifiedgermany · europe

9d07/02

Labor dispute balance 2025: Fewer strikes in German companies

Fewer strikes, shorter strikes: things remained quieter in German companies in 2025. Collective bargaining is often the focus of strikes.

◇ unclassifiedgermany · europe

10d07/02

EU Bows to Tech Lobby, Drops Ten-Year Renewables Rule for Data Centers

The European Union has given in to pressure from Big Tech to water down its strict low-carbon energy requirements in order to pursue its AI agenda as the U.S. and China pull far ahead and the EU plays catchup. Citing a draft document released this week, the Financial Times reported today the EU would reconsider an earlier idea to only allow Big Tech data center operators offset the emissions of their baseload power suppliers by buying certificates from wind and solar operators, but only of facil

◇ unclassifiedmiddle-east · russia · usa

10d07/02

Singapore to buy more Hellfire missiles after US backs US$22.3 million package

Singapore is set to acquire additional Hellfire missiles after the United States backed a proposed package valued at US$22.3 million. The US State Department said on Tuesday that it has approved the potential sale of an additional 24 AGM-114R Hellfire missiles to Singapore, along with related support services and equipment, bringing the total package to 67 missiles. Hellfire missiles are a type of precision air-to-ground weapon manufactured by Lockheed Martin. The Ministry of Defence (Mindef)...

◇ unclassifiedchina · asia · usa

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