Finance
Finance
Critical Minerals
Barrick reports lower-than-expected preliminary gold output in third quarter
Oct 16 (Reuters) – Barrick Gold (ABX.TO) produced lower-than-expected gold in the third quarter because of a fall in output at its Carlin and Cortez mines in Nevada, the Canadian miner said on Wednesday. Carlin […]
Exports
Greece’s Copelouzos, Egypt’s EGAS ink LNG pact
Copelouzos said in a statement it entered into a “significant” strategic partnership with the Egyptian state gas company. The signing took place in Egypt on Monday. Panos Moschandreou, business development director of Copelouzos, and president […]
Big Oil Companies
Russia seeks over $1 billion in damages from British oil giant
The Russian Prosecutor General’s office is seeking over €1 billion ($1.09 billion) in damages from UK-based energy giant Shell over a failed joint venture, the Moscow Arbitration Court told the media on Tuesday. Shell walked […]
Energy Crisis
Nearly 49% of older people losing Winter Fuel Payment plan to heat only one room
New research by Independent Age reveals that 44% of older people in England believe that the removal of the Winter Fuel Payment will negatively impact their physical health. This comes as over 500,000 signatures are […]
Downstream
Global refinery margins fall to multiyear seasonal lows in September
Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products. Declining margins are the result of relatively weak demand for petroleum products even as […]
Finance
Finance
Earnings
TotalEnergies expects Q3 LNG results to be above $1 billion
“Integrated LNG results are expected to be above $1 billion, in a context of low market volatility and a decrease in production due to unplanned maintenance on Ichthys LNG,” TotalEnregies said. TotalEnergies has a 26 […]
AI
Dimon’s Warning on Geopolitics
Daily Standup Top Stories Dimon Issues Dire Warning About “Treacherous” Geopolitical Situation October 14, 2024 Mariel Alumit Jamie Dimon, CEO of JPMorgan Chase, has expressed concerns about the global economic outlook. He cited geopolitical tensions, particularly […]