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Nigeria

Nigeria Resumes Mining in Zamfara State on Improved Security

Nigeria has lifted a ban on mining exploration in the northwestern state of Zamfara after a five-year suspension, the mining minister said, citing improved secu…

China

China’s 2025 Steel Demand to Fall 1.5% on Year, State Research Institute Says

China’s steel demand is forecast to fall 1.5% in 2025 and drop 4.4% in 2024 from the year before, the state-backed China Metallurgical Industry Planning a…

Green Hydrogen

Climate Fund Managers Acquires 24% Stake in Hyphen Hydrogen Energy

Dutch-based for-profit investment manager Climate Fund Managers (CFM) has completed the acquisition of a 24% equity stake in Hyphen Hydrogen Energy through its …

Metal

El Salvador President Proposes Bill to Overturn Metals Mining Ban

El Salvador’s Congress will begin debating a bill on Saturday from President Nayib Bukele that would overturn a 2017 national ban on metals mining, the he…

China

Iron Ore Rises on Pre-holiday Restocking, China Stimulus Hopes

Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived ho…

Oil Price

Oil Prices Ease as Markets Weigh China Stimulus Hopes

Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oi…

United States

President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel

Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide o…

Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Australia

Progress of Projects Such as the Orient Polymetallic Mine in Australia

Iltani Resources has seen high-grade mineralization at the Orient East silver indium project in northern Queensland, which had previously seen the highest grade…

Russian

Krasnodar Declares Regional Emergency as Black Sea Oil Spill Cleanup Stalls

Authorities in southern Russia’s Krasnodar region have declared a regionwide state of emergency as cleanup efforts for an oil spill along the Black Sea co…

Natural Gas

US Natgas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand

US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an increase in the amount of gas flowing to liquefied natural ga…

Oil Shale

Iran Pioneers Shale Oil Extraction Technology to Achieve Energy Independence

In a groundbreaking achievement, Iranian researchers have developed innovative technology to extract shale oil from reservoirs. This is reported by Mehr News Ag…

LNG

Golar LNG Buys Remaining Stake in Flng Unit for $90M

Floating liquefied natural gas (FLNG) specialist Golar LNG has acquired minority ownership interests in the 2.4 mtpa FLNG Hilli from Seatrium and Black & Veatch…

Wind Farm

Vestas Secures 99 MW Order for Wind Power Repowering at Molar de Molinar and Isabela Wind Farms in Castilla-la Mancha, Spain

Iberdrola has placed a 99 MW order for the repowering of the Molar de Molinar and Isabela wind farms, located in Castilla-La Mancha, Spain. The contracts includ…

Decarbonization

MHI-Imabari JV Changes Name to Better Respond to Maritime Decarbonization

MI LNG Company, a joint venture company established by Japanese giants Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding, is to be renamed as the compa…