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Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
...It was previously a regular supplier of a crude oil known as ESPO-blend, which it acquired from privately owned Russian producers and packaged into single shipments from the port of Kozmino, on Russia’s eastern...
...“That is going to free up resources for North Korea’s armed forces and its nuclear weapons programme.” Additional reporting by Polina Ivanova in Berlin...
Japanese company’s bid for US Steel further complicated by industrial state politicians
...“The majority of these resources are landlocked....
...Only about 15 per cent of the country’s water resources have been developed. Almost all farmers depend on rain, as they are not able to store rainwater or pump water from rivers....
The precious metal’s surge may herald a whole new world
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
...A detailed follow-up from Electrek on Monday reported that Model 2 work had indeed been “completely defunded” and that the project was “effectively scratched right now as Tesla is putting all resources into...
Gulf energy group in discussions with CVC and GIP about possible acquisition of their shares
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
New survey shows geopolitical turmoil, tough macroeconomic conditions and AI spurring shifts in energy markets
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Tehran has vowed to respond to a suspected Israeli air strike on its consular building in Damascus
London-listed company given four-week exclusivity period by Italian oil major to make bid
Zinc, copper and nickel outperform stocks as signs of resurgent demand add to fears about supply constraints
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
Surge in manufacturing in China and US leads to oversupply of products such as polyethylene
Global fleet increases in 2023 as China brings on new plants and the pace of closures slows in EU and US
...Developers are looking to build sites in growing areas such as the US states of Ohio and Texas, regions of Italy and eastern Europe, Malaysia and India, according to analysts....
Sovereign bond sale follows a flurry of corporate issuance
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
Economists sceptical about the so-called ZiG since many people prefer to keep their money at home
...Orano has been spurred recently by renewed US demand since the Ukraine war and clients in eastern Europe turning away from Russia, according to Orano customer and strategy director Jacques Peythieu....
...My Financial Times colleagues Harry Dempsey and Chloe Cornish report on the Gulf states’ increasing investment in the resources needed to produce clean energy....
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