Jan 26 (Reuters) – Valero Energy Corp (VLO.N) zoomed passed Wall Street estimates for quarterly profit on Thursday, wrapping up the refiner’s best year on record, boosted by higher demand for fuel and healthy refining margins […]
Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas prices, cost inflation and uncertainty over China’s […]
The price drop occurred the day before the expiration of the February contract as the front-month on the New York Mercantile Exchange, when volatility often peaks because trading volumes are low. In 2022, gas prices […]
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there is surprisingly little agreement on […]
A slew of ‘hard’ data beats (GDP, Dur Goods, New Home Sales) and solid labor market data (Initial Claims), reinforced the odd decoupling between ‘soft’ survey data and the actual macro data from the US […]
The images that circulated around the world of the Yanonami people suffering from malnutrition and hunger are the result of years of advancing wildcat mining in the Amazon rainforest. The Brazilian government last week declared […]
Last summer, Trevali Mining applied for relief under the Companies’ Creditors Arrangement Act (CCAA) and was granted the initial order in August. The next month it delisted its shares from the Toronto Stock Exchange. And […]
Stillwater Critical Minerals (TSXV: PGE) has increased its resource estimate tonnage significantly at its Stillwater West battery and platinum metals project in Montana as it looks to emulate world-leading neighbour Sibanye-Stillwater (NYSE: SBSW; JSE: SSW). […]
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has pledged C$2 million ($1.5m) towards the conservation and protection of 75,000 hectares of rare inland temperate rainforest in southeastern British Columbia. The initiative is part of the […]
Global miner and commodity trader Glencore has now become part of the world’s first battery passport proof of concept launched by the Global Battery Alliance. “We spearheaded the first pilot passport leveraging the ReSource platform […]
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