CNOOC, China’s state-owned oil and gas major, sees scope for energy cooperation between China and the United States, its CEO said on Thursday. He added that the company could consider investing alongside U.S. partners in the future.
R
ReutersOriginal★★★☆☆2026-08-27 11:35
TotalEnergies says it has completed the transfer of its 10% interest in Arctic LNG 2 to Novatek subsidiary NordLine and is no longer a shareholder. It retains the right to reimbursement of about $1.3 billion in shareholder loans, subject to applicable sanctions.
T
TASSOriginal★★★☆☆2026-08-27 10:47
Russia’s fuel situation deteriorated sharply again in early August as Ukraine resumed strikes on oil refineries and queues formed at gas stations. Meduza analyzed 478,685 GdeBENZ user reports covering 25,129 stations in 83 regions from July 4 to August 23, comparing them with banking, fuel-market, and refinery-attack data to assess the crisis.
MMeduzaOriginal★★★★☆2026-08-27 10:01
Extreme weather events this year are already seriously damaging food production and are likely to raise food prices for everyone. That is happening even before the weather-disrupting super El Niño has fully taken effect.
B
Bloomberg NewsOriginal★★★★☆2026-08-27 09:30
Thailand plans to move away from imported gas and adopt renewable and nuclear power as it seeks an energy system less exposed to external shocks such as the Iran war.
BBloomberg NewsOriginal★★★☆☆2026-08-27 08:00
Six months into the Iran war, OPEC+, the world’s most powerful oil alliance, finds itself unable to influence a market it once helped shape, while China is gaining influence.
RReutersOriginal★★★★☆2026-08-27 07:10
Gold entering Hong Kong declined to about 107 tonnes in July, even as mainland corporate buyers invested heavily in new bullion vaults. Non-monetary gold imports dropped around 18% from June, when banks built inventories ahead of the July 7 trial launch of the city’s gold clearing and settlement system, pushing imports to a decade high.
S
South China Morning PostOriginal★★☆☆☆2026-08-27 06:43
Europe’s gas inventories are at historically low levels for this point in the year. Disrupted LNG flows from the Middle East are raising the risk that prices could surge above €100 per megawatt-hour this winter.
C
CNBCOriginal★★★★☆2026-08-27 05:00
Oil prices fell again on Thursday, extending their run of losses, as markets hoped talks between Iran and Qatar could reopen the Strait of Hormuz and reduce supply disruptions caused by the war in the Middle East.
RReutersOriginal★★★★☆2026-08-27 04:50
Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani is due in Tehran on Thursday to discuss de-escalation, renewed US-Iran dialogue and Qatar’s mediation efforts. The visit will also address the Strait of Hormuz as the US-Israel war on Iran approaches its sixth month without a diplomatic breakthrough.
Indian shares opened higher on Thursday as oil prices fell on expectations that Iran-Oman talks could reopen the key Strait of Hormuz. Strong earnings from Nvidia also lifted other Asian markets.
RReutersOriginal★★☆☆☆2026-08-27 04:30
The Indian rupee is expected to open little changed on Thursday. Lower oil prices and sustained intervention by the Reserve Bank of India are likely to counter expectations of a Federal Reserve rate hike next month and continued dollar demand for hedging.
RReutersOriginal★★☆☆☆2026-08-27 04:20
Norway is seeking to double down on oil and gas despite the EU’s green rhetoric.
F
Financial TimesOriginal★★☆☆☆2026-08-27 04:00
The wealthy have embraced gold enthusiastically, with their faith in the metal remaining untarnished.
FFinancial TimesOriginal★★☆☆☆2026-08-27 04:00
Qantas reported pre-tax profit of A$2.06bn, its lowest in four years, after the US war on Iran added A$610m to fuel costs. The airline will phase out its Airbus A380s and declined to forecast how Jetstar’s planned carry-on luggage charge will affect revenue or ticket sales.
TThe GuardianOriginal★★★☆☆2026-08-27 01:11
The United States and Russia are competing to assert dominance in the world’s third-largest energy market.
CCNBCOriginal★★☆☆☆2026-08-27 00:03
Industry groups representing aluminum producers in the US and Canada say the two countries should stop imposing tariffs on each other’s metal and instead form a united front against Chinese competition.
BBloomberg NewsOriginal★★☆☆☆2026-08-27 00:00
British households will be able to buy and use plug-in solar power kits from Thursday, the government said, presenting them as an option for reducing energy costs.
RReutersOriginal★★★☆☆2026-08-26 22:15
Russia’s coal production fell 1.8% year on year in January-July to 249 million tons, Rosstat said. Output of all hard coal declined 2.3%, while coking coal rose 1.2% and brown coal was nearly unchanged.
TTASSOriginal★★★☆☆2026-08-26 18:01
New York City’s supply of condos for sale is contracting. The inventory of entry-level units priced at $1,800 or less is projected to plunge 74%, according to the report.
BBloomberg NewsOriginal★★☆☆☆2026-08-26 18:01
Russia’s total gas production, including natural and associated petroleum gas, rose 3.7% year on year in January-July to 397 billion cubic meters, Rosstat reported. Natural gas output reached 338 bcm, while LNG production increased 12% to 20.6 million tons. July total gas output was 39.6 bcm.
TTASSOriginal★★★☆☆2026-08-26 17:59
In a letter to the CFTC, Hyperliquid Policy Center trade[XYZ] called for rules covering perpetual contracts tied to energy markets.
TThe BlockOriginal★★☆☆☆2026-08-26 16:06
![Hyperliquid Policy Center, trade[XYZ] urges CFTC to create path for US oil perpetuals](https://www.tbstat.com/wp/uploads/2020/06/20200630_CFTC-Daily-1200x675.jpg)
Gazprom CEO Alexey Miller met with Iran’s ambassador to Russia, Kazem Jalali, and National Iranian Gas Company CEO Saeed Tavakoli. The parties discussed potential cooperation in the gas sector.
TTASSOriginal★★☆☆☆2026-08-26 14:54
European underground gas storage facilities are 63.28% full, according to calculations based on Gas Infrastructure Europe data—17.24 percentage points below the five-year average and down from 76% a year earlier. EU facilities hold about 69.2 billion cubic meters, the lowest volume since 2013. Since early April, Europe has injected only 57% of the gas needed for the coming winter, while the EU filling target is 90%.
TTASSOriginal★★★★☆2026-08-26 14:41
Up to 70 vessels are waiting near the Danube’s Sulina Canal to reach Ukrainian ports and load grain for export, Reuters reported. With access to several Ukrainian Black Sea ports restricted, traffic has shifted to lower-capacity Danube facilities. Weather-related closures planned for at least two days could worsen delays; only five to seven vessels are currently passing daily, at a cost of about $8,000 per day for each delayed vessel.
TTASSOriginal★★★☆☆2026-08-26 13:31
European shares were broadly unchanged on Wednesday as investors awaited Nvidia’s earnings report. Oil prices fell as hopes grew that the Strait of Hormuz could reopen soon.
RReutersOriginal★★☆☆☆2026-08-26 12:50
Wall Street is eagerly awaiting Nvidia’s earnings on Wednesday afternoon. Investors are focused less on the chipmaker’s figures than on what they may signal about AI investors and the broader market.
The Financial Times reports that four senior managers at Gazprombank’s Luxembourg branch may have earned more than €9 million through over 50 coordinated trades. They reportedly borrowed at least €17 million from the bank, bought heavily discounted Gazprom bonds in Europe, and exchanged them in Russia for full-value ruble bonds. An EU official said the scheme sounded like sanctions circumvention requiring a criminal investigation. Gazprombank and Dmitry Derkach deny wrongdoing.
MMeduzaOriginal★★★☆☆2026-08-26 12:49
Saudi Aramco has offered additional oil for September loading outside the Strait of Hormuz, according to four people familiar with the matter. The producer has already sold at least 4 million barrels to China this month.
RReutersOriginal★★★★☆2026-08-26 12:10
IMF Managing Director Kristalina Georgieva said the global economy has weathered the energy shock caused by shipping disruptions in the Strait of Hormuz better than feared, but the crisis is not over. She warned that another oil-price rise could fuel inflation, prolong restrictive central-bank policies and weigh on debt costs and economic activity.
TTASSOriginal★★★★☆2026-08-26 11:35
China National Offshore Oil Corporation reported a record first-half net profit of 85.8 billion yuan, up 23.4 per cent from a year earlier. Higher oil prices and increased production lifted earnings amid the Iran war.
SSouth China Morning PostOriginal★★★☆☆2026-08-26 11:08
Norwegian oil and gas company Aker BP said on Wednesday that production had begun from its Skarv Satellite Project in the Norwegian Sea. The project comprises the Alve Nord, Idun Nord and Oern fields.
RReutersOriginal★★☆☆☆2026-08-26 10:45
Gulf stock markets were subdued in early Wednesday trading as oil prices fell. Investors weighed fresh U.S. economic pressure on Iran and indications of progress in Pakistan-mediated talks with Tehran.
RReutersOriginal★★★★☆2026-08-26 10:30
A recent gold discovery in the remote Kenyan village of Cheporor has drawn thousands of amateur prospectors in just weeks. The settlement has taken on the appearance of a busy small town, but lacks the infrastructure to accommodate the newcomers, creating security challenges.
FFrance 24Original★★☆☆☆2026-08-26 10:11
Six months into the U.S.-Israeli war with Iran, governments across Europe and Asia are rushing to expand renewable energy in an effort to reduce reliance on imported fossil fuels, giving the global energy transition fresh momentum.
RReutersOriginal★★★★☆2026-08-26 08:40
Six months into the U.S.-Iran war, Qatar is among the conflict’s biggest economic casualties. Data shows its liquefied natural gas exports have fallen 96%, while U.S. sales rise and European stocks plunge.
RReutersOriginal★★★★☆2026-08-26 08:30
The Middle East war is pushing the UK energy price cap up by 4% from October, taking typical annual household bills to £1,723, a three-year high.
FFinancial TimesOriginal★★★☆☆2026-08-26 08:18
South Africa’s mining companies are speeding up renewable-energy investment to diversify their power supplies, reduce costs and meet decarbonisation targets. The move marks a shift after decades of reliance on state utility Eskom.
RReutersOriginal★★★☆☆2026-08-26 08:05
Russia added 45 million tons to its oil and condensate reserves and 156 billion cubic meters to its gas reserves in the first half of 2026, Rosnedra head Oleg Kazanov said. He expects further replenishment of hydrocarbon reserves by year-end as exploration continues.
TTASSOriginal★★★☆☆2026-08-26 07:25
India’s sugar prices have risen nearly 40% in two months, prompting the government to approve 1 million tonnes of imports for the first time in almost a decade. Demand is rising ahead of festivals and the wedding season, while lower production, reduced rainfall, hoarding and tighter global supplies are adding to the squeeze.
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BBC NewsOriginal★★★☆☆2026-08-26 06:30
Victoria has opened Australia’s first offshore wind auction, but there is skepticism that the state will meet its ambitious targets for the renewable technology.
BBloomberg NewsOriginal★★★☆☆2026-08-26 06:30
Indian shares climbed on Wednesday in line with global equities, while oil prices dropped as investors hoped the Strait of Hormuz could reopen after Iran restarted talks with Oman on managing the strategic waterway.
RReutersOriginal★★★☆☆2026-08-26 05:30
Iran is wagering that the war’s global economic fallout, together with Republicans’ concerns about the midterm elections, will make Donald Trump back down first. Cato Institute analyst Doug Bandow says Tehran is engaged in a game of “chicken.”
AAl JazeeraOriginal★★★★☆2026-08-26 05:20
The US Treasury imposed targeted sanctions on about 24 entities based in mainland China or Hong Kong as part of its “Operation Economic Outcast” campaign against Iran and those supporting it.
As Gulf neighbours plan alternative pipelines and export routes, debate is intensifying in Iran over whether the Strait of Hormuz is becoming a rapidly diminishing strategic asset. President Masoud Pezeshkian and parliamentary speaker Mohammad Bagher Ghalibaf have urged an end to the war, while analysts warn that repeatedly using the strait as leverage could push others to reduce their dependence on it and leave Iran more exposed to US sanctions.
Oil prices fell about 2% on Wednesday, extending the previous session’s losses, after Iran said it had resumed talks with neighboring Oman on managing the strategic waterway. The discussions raised fresh hopes that the Strait of Hormuz could reopen.
Foreign Ministry spokesperson Lin Jian said China firmly opposes illicit unilateral sanctions without a basis in international law or authorization from the UN Security Council. Responding to U.S. Treasury Secretary Scott Bessent’s plan to expand secondary-sanctions threats against Iran, Lin said economic warfare and maximum pressure only heighten tensions, spill over risks and harm other countries’ legitimate rights. He called for de-escalation and a return to dialogue and negotiation.
Gold prices were little changed on Wednesday after reaching a more than three-month high in the prior session. Investors are awaiting key U.S. inflation data for clues about the Federal Reserve’s interest-rate path.
RReutersOriginal★★☆☆☆2026-08-26 04:10
Soluna Holdings is asking shareholders to raise its authorized common stock to 1 billion shares from 375 million as it seeks capital for a largely unbuilt 6.3-gigawatt data-center pipeline. A separate vote would permit larger stock sales under a YA II PN agreement. Approval would expand financing flexibility but could dilute existing investors. The company is also developing Project Dorothy 3 in Texas and sharing Bitcoin-mining revenue with Bitdeer at Project Kati 1.
C
CryptoSlateOriginal★★☆☆☆2026-08-26 02:40
Asian stocks wavered on Wednesday as falling oil prices pulled bond yields lower amid hopes that the strategically important Strait of Hormuz could reopen. Investors also awaited another potentially decisive earnings report from AI bellwether Nvidia.
RReutersOriginal★★☆☆☆2026-08-26 02:30
Oil prices fell Wednesday as investors assessed the easing of renewed-tension concerns following the U.S. shift toward economic sanctions rather than military strikes to pressure Iran.
CCNBCOriginal★★★★☆2026-08-26 01:29
U.S. intelligence sites in the Middle East sustained unprecedented damage from Iranian missile and drone attacks on surveillance facilities, NBC News reported, citing sources. Repairs will cost Washington billions of dollars, while the attacks have raised doubts about whether U.S. agencies can adequately protect American sites in the region.
The United States is not planning new attacks on Iran in the near term, Secretary of State Marco Rubio told senior diplomats, according to Axios. Washington is expected to increase economic pressure through sanctions and a naval blockade while moving more oil through the Strait of Hormuz. Officials said strikes remain possible if Iran attacks first, and the policy is expected to continue at least through the November 3 midterm elections.
The Trump administration’s latest sanctions against Iran have swept up dozens of businesses in China and Hong Kong, while stopping short of the far more consequential move of targeting major Chinese financial institutions.
Oil prices declined for a second day on Tuesday as traders judged the prospect of renewed US strikes on Iran to have diminished after Washington threatened wider economic sanctions instead. Treasury Secretary Scott Bessent called for an “economic D-Day” against Tehran but offered no timetable or details on countries that might be penalized.
China said it opposes the United States’ expanded unilateral sanctions on Iran and will take all necessary steps to protect its legitimate rights and interests. Washington targeted nearly 60 individuals, entities and vessels, while warning countries and businesses dealing economically with Tehran that they could face US measures.
After six months of military threats and conflict, the United States has launched a broad economic pressure campaign against Iran. The measures expand secondary sanctions into digital assets, gold, aviation, shipping and technology, while pressing Iran’s trading partners to choose sides. The analysis says Washington is turning to economic pressure to sustain leverage over Tehran and reduce the costs of prolonged military confrontation, though sanctions may not force Iran to concede.
Chinese Foreign Ministry spokesperson Lin Jian said China firmly rejects unilateral sanctions lacking a basis in international law or authorization from the UN Security Council. He warned that economic war and maximum pressure would deepen conflicts and disrupt global financial order, urging a return to dialogue and negotiations.
Sphere 3D said it may owe about $2.2 million in supplemental U.S. tariffs on Bitcoin miners bought in 2022 by a subsidiary, after Customs and Border Protection treated the equipment as Chinese-origin. The company called the allegation meritless and plans to protest. The potential charge equals about 77% of its cash, though the final amount remains uncertain.
CCryptoSlateOriginal★★☆☆☆2026-08-26 00:40
Brazil’s government will extend a gasoline subsidy worth 0.44 reais ($0.0855) per liter through September 9, according to two sources familiar with the matter who spoke to Reuters on Tuesday.
RReutersOriginal★★★☆☆2026-08-25 23:50
Siemens Energy said it plans to sell most of its division serving industrial customers, aiming to sharpen its focus on the booming utility sector and on gas turbines and grids.
RReutersOriginal★★☆☆☆2026-08-25 21:50
Brent crude futures for October delivery on London’s ICE exchange fell below $87 per barrel for the first time since August 14. By 11:05 p.m. Moscow time, Brent was down 5.73% at $86.89, while September WTI futures fell 4.95% to $80.8 per barrel.
TTASSOriginal★★★☆☆2026-08-25 20:45
IMF Managing Director Kristalina Georgieva said the global economy has absorbed the energy shock from the Iran war better than feared. She warned, however, that fiscal conditions are worsening in some countries, reflected in higher bond yields and stalled disinflation.
RReutersOriginal★★★★☆2026-08-25 20:25
Kazakh Energy Minister Yerlan Akkenzhenov said on Aug. 25 that the western Kazakhstan-based Kondensat refinery will process Russian crude and return 70% of its diesel and gasoline output to Russia amid fuel shortages blamed on Ukrainian attacks. The remaining 30% will stay in Kazakhstan. The refinery is partly Russian-owned.
TThe Kyiv IndependentOriginal★★★★☆2026-08-25 20:10
Ukraine’s metals industry has fallen into a deep crisis, RBC-Ukraine reported. Explosions put Zaporozhstal and ArcelorMittal Krivoy Rog out of action in August; together they accounted for about 72% of the country’s steel output in 2025. A prolonged halt could cut exports and foreign-currency earnings, raise construction costs and put pressure on the hryvnia, with production potentially down by about 2 million tons by the end of 2026.
TTASSOriginal★★★☆☆2026-08-25 19:24
Canada will impose retaliatory tariffs on more than 700 products made in the US in response to a new round of import taxes from the White House.
BBloomberg NewsOriginal★★★★☆2026-08-25 19:00
Canada has announced counter-tariffs of up to 50% on nearly C$28bn of US goods, including steel, furniture, fresh tuna and cosmetics. The measures are due to begin on 8 September. Ottawa called the response “proportionate” and “strategic” and pledged C$7.5bn in support for affected businesses and workers.
Canada has announced retaliatory tariffs on about $20 billion worth of U.S. goods. Canadian trade negotiators left the United States last week after failing to secure a deal that would have prevented President Donald Trump’s new tariffs from taking effect.
Canada announced retaliatory tariffs on C$27.6 billion ($19.94 billion) in US goods, including steel and dairy, matching the punitive duties imposed by President Donald Trump on Canadian products. Ottawa also unveiled C$7.5 billion in aid for affected Canadian businesses and workers as tensions escalated.
As its trade war with the United States intensifies, Canada is retaliating against tariffs imposed on its goods in recent days by placing tariffs on US products. Ottawa has also announced a multibillion-dollar aid package for workers and urged Canadians to buy local to support domestic industries.
Canadian ministers set out a series of countermeasures after the Trump administration imposed new tariffs on Canadian goods, deepening the trade war between Canada and the United States.
Canada announces tariffs of up to 50% on more than 700 US goods, with the highest import taxes targeting steel and aluminum.
Prime Minister Mark Carney announced 50% tariffs on US furniture and steel, matching President Donald Trump’s new weekend duties dollar for dollar. He also backed support programs for Canadian businesses hurt by the escalating trade war.
Canada is expected to announce retaliatory tariffs against the United States on Tuesday, after relations between U.S. President Donald Trump and Canadian Prime Minister Mark Carney deteriorated.
Canada announced retaliatory tariffs on $19.94 billion worth of US goods, matching Washington’s newly imposed duties dollar for dollar. It also unveiled financial support for Canadian businesses and workers affected by the escalating trade war.
The trade war between the United States and Canada is intensifying. The neighboring countries have been among the world’s closest allies and trading partners for decades, but using tariffs to settle disputes is putting even their strong economic relationship under serious strain.
As the United States intensifies its trade war with Canada, Ottawa is preparing a response. New tariffs threaten the car industry and many other products, prompting Canada’s finance, labour and industry departments to announce countermeasures aimed at protecting workers whose jobs could be at risk.
Canada’s minister responsible for U.S. trade, Dominic LeBlanc, said the government could announce retaliatory tariffs on the United States on Tuesday. His remarks followed President Donald Trump’s threat the previous day to raise U.S. tariffs on all Canadian cars and trucks to 50%.
Canada is expected to unveil retaliatory tariffs on US goods after trade talks collapsed and 50% US tariffs on Canadian products took effect. Prime Minister Mark Carney rejected what he called a “bad deal,” while President Donald Trump threatened a 50% tariff on Canadian automobiles, parts and steel from January 1, 2027.
Analysts say the prospect of U.S. import tariffs could drive copper prices to record highs despite the absence of a global shortage. The incentive to ship copper to the United States could drain inventories elsewhere.
RReutersOriginal★★★★☆2026-08-25 18:50
Igor Yushkov of the Financial University and National Energy Security Fund says the EU’s move away from reliable gas routes toward new suppliers could worsen Europe’s already chronic energy crisis. Norway’s resource base is declining, while US LNG is directed mainly to the most profitable markets, leaving European buyers competing with Asia.
TTASSOriginal★★★☆☆2026-08-25 18:49
Russia’s Energy Ministry says diesel supplies to the domestic market are currently stable, with additional volumes redirected internally after export restrictions were imposed.
TTASSOriginal★★☆☆☆2026-08-25 17:52
Eni said on Tuesday that it is working with BP and the Egyptian Petroleum Corporation to reach a final investment decision within the next few months on Egypt’s recently discovered Denise West gas field.
RReutersOriginal★★☆☆☆2026-08-25 17:50
European LNG prices have climbed to their highest level since 2023, after already-low gas inventories were hit by shipment disruptions caused by the Iran war.
FFinancial TimesOriginal★★★★☆2026-08-25 17:41
The Russian government is expected to soon decide whether to extend its ban on diesel exports by producers beyond September 1. The Energy Ministry said meeting domestic fuel needs, including those of farmers during seasonal fieldwork, remains the priority, with export potential to depend on fuel balances, output, stocks and domestic demand.
TTASSOriginal★★★☆☆2026-08-25 17:33
One analysis estimates that Iran likely shipped between $3.9 billion and $4.2 billion worth of oil in September 2025. China, the world’s largest energy consumer, bought the vast majority of it.
C
CNNOriginal★★★☆☆2026-08-25 17:00
Gold prices slipped Tuesday after reaching their highest level in more than three months, with dollar weakness and plans for Treasury bond buybacks in focus.
CCNBCOriginal★★☆☆☆2026-08-25 16:45
Oil prices fell 3% as the United States shifted toward economic pressure on Iran, easing fears that war could resume. Investors largely shrugged off the latest developments in the U.S.-Iran war.
CCNBCOriginal★★★★☆2026-08-25 15:31
Kazakhstan’s Energy Minister Erlan Aqkenjenov said the Kondensat refinery will process Russian crude and return the resulting gasoline and diesel to Russia, while 30% of the fuel will remain in Kazakhstan. An unnamed Russian company owns half of the refinery. The arrangement comes as Russian regions face fuel shortages and rising prices after drone strikes hit oil refineries.
MMeduzaOriginal★★★☆☆2026-08-25 15:31
Concern about the scale and cost of U.S. government spending has revived the debasement trade, bringing renewed attention to crypto and gold.
CCNBCOriginal★★☆☆☆2026-08-25 15:16
Brent crude futures for October 2026 delivery fell below $89 per barrel on London’s ICE for the first time since August 17, according to trading data. At 2:56 p.m. Moscow time, Brent was down 3.47% at $88.97. November Brent futures fell 4.72% to $87.60, while September WTI futures declined 3.54% to $82.
TTASSOriginal★★☆☆☆2026-08-25 15:00
Treasury Secretary Scott Bessent announced “Operation Economic Outcast,” sanctioning nearly 60 people, entities and vessels while expanding US targeting authority across Iran’s digital-asset, technology, gold, aviation and shipping sectors. Washington also threatened to remove entities aiding Iranian money laundering from the dollar system, reviving debate over whether using dollar access as a weapon could boost demand for Bitcoin and gold.
CCryptoSlateOriginal★★★★☆2026-08-25 14:30
Rosatom is discussing a second phase of the El Dabaa Nuclear Power Plant’s potential expansion with Egypt, including the construction of two additional units and the financial and economic model for units five and six. Nuclear fuel for the first unit is scheduled for delivery in 2027.
TTASSOriginal★★★☆☆2026-08-25 14:26
Crypto custody firm Copper has attracted potential buyers, but their offers are well below the $500 million asking price. Once valued at $2.5 billion, the company was marketed by investment bank Cantor Fitzgerald for about $500 million in May.
C
CoinDeskOriginal★★☆☆☆2026-08-25 13:48
Nigeria has become Europe's largest jet fuel supplier over the past two months, with the Dangote refinery producing about 24 million liters a day and sending much of it abroad after supply disruptions linked to the Iran war and the closure of the Strait of Hormuz. At home, deregulated pricing and competition from larger international buyers are leaving airlines short of fuel, pushing them into debt, route cuts, higher fares, cancellations and delays.
DDWOriginal★★★☆☆2026-08-25 12:37
Axis Bank, India’s third-largest private bank by assets, expects its credit growth to exceed the industry average by 300 basis points this fiscal year, Chief Executive said, citing strong corporate and retail demand.
RReutersOriginal★★★☆☆2026-08-25 12:10
Net gas injections into EU underground storage facilities reached their lowest August level in six years, according to TASS calculations based on Gas Infrastructure Europe data. Since early April, Europe has injected just 56% of the volume needed for winter. Storage facilities are 62.99% full, the lowest level for this date since records began in 2011.
TTASSOriginal★★★★☆2026-08-25 11:16
Kazakhstan expects to lose about 3.5 million metric tons of oil production this year because drone attacks damaged Caspian Pipeline Consortium infrastructure, Energy Minister Yerlan Akkenzhenov said. The annual target has been cut from 98 million to 96 million metric tons, while oil transit to Germany via the Druzhba pipeline is not planned to resume in the next three months.
TTASSOriginal★★★☆☆2026-08-25 10:47
Kazakh Energy Minister Yerlan Akkenzhenov said the Kondensat refinery will process Russian oil delivered by rail. Up to 30% of the resulting gasoline and diesel will remain in Kazakhstan, while 70% will be shipped to Russia. He said the project could bring investment and preserve jobs.
TTASSOriginal★★☆☆☆2026-08-25 10:29
Asian shares were mostly higher after U.S. stocks ended mixed. Investors were looking ahead to potentially market-moving events later in the week as the United States increased pressure on Iran, while oil prices remained steady.
T
The Associated PressOriginal★★★☆☆2026-08-25 09:00
The U.S. Treasury says Ivan Obukhov has processed more than $100 million in cryptocurrency for oil sales by the IRGC’s Quds Force since 2023.
CCoinDeskOriginal★★★★☆2026-08-25 08:47
Kazakhstan will lower its oil production target for this year because of drone attacks on Caspian Pipeline Consortium infrastructure, Energy Minister Yerlan Akkenzhenov said. The target has been reduced from 98 million metric tons to 96 million metric tons, following earlier plans for 99.55 million tons.
TTASSOriginal★★★☆☆2026-08-25 08:40
Tether abandoned its Uruguay Bitcoin mining venture after a dispute with state utility UTE over electricity terms. A former contractor estimated spending at about $120 million across two sites, though Tether has not disclosed that figure as a confirmed loss. The episode now puts added scrutiny on Tether’s smaller renewable-energy mining pilot with Adecoagro in Brazil.
CCryptoSlateOriginal★★☆☆☆2026-08-25 08:30
Only 22% of Russian gas stations had AI-95 gasoline in stock on August 24, according to Infotek citing Benzonavt data. Availability was highest in St. Petersburg at 42% and stood at 20% in Moscow, while it was just 1% in occupied Sevastopol and 2% elsewhere in Crimea. Russia’s fuel crisis worsened in August as shortages spread and gasoline and diesel prices rose.
MMeduzaOriginal★★★☆☆2026-08-25 07:54
Hou Qijun is moving to transform Sinopec, the world’s largest oil refiner, as it confronts falling fuel demand, petrochemical overcapacity and what is described as the world’s worst oil crisis. Unlike other Chinese state executives, he could have simply coasted toward retirement.
RReutersOriginal★★★☆☆2026-08-25 06:45
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
