Panasonic Holdings announced its intention to initiate mass production of battery cells for US data centers at a Kansas facility by fiscal year 2028, concluding with March 2029's financial close.
ReadDelhi's domestic LPG rates have seen a hike of 29 rupees, equivalent to approximately $0.3054, per standard 14.2-kg cylinder.
Renewed Middle East tensions and soaring oil prices sparked a downturn in global market sentiment, exerting downward pressure on the South African rand from the outset of trading on Monday.
For the fourth consecutive month, OPEC+ has boosted its oil output target by 188,000 barrels per day starting in July. This marked a notable escalation in production increases.
US oil producers have seen benefits from a hypothetical Strait of Hormuz closure, says Sechin. Disruptions to alternative routes are also a concern for him.
Airstrikes in surrounding nations of Israel prompted a sharp increase in crude oil prices, exceeding $4.
Low-carbon industrial projects have seen a significant surge in funding, with 19 such initiatives securing investments totaling $43 billion over the past six months, mostly concentrated in China according to recent data released on Monday.
Iran's ambassador to Moscow has revealed that the Strait of Hormuz will remain navigable, albeit with certain restrictions, to be jointly established by Iran and Oman.
Oil prices to Asia plummeted by six dollars per barrel, yet remain elevated compared to pre-conflict levels. The previous peak had a chilling effect on consumer appetite.
The Indian stock market showed a slight recovery on Wednesday as rumors circulated about impending government interventions to stabilize the rupee and entice foreign investors in bond markets.
Russian officials confirm that Ukrainian drones launched a surprise attack on the city of St Petersburg. This aerial assault took place mere hours prior to the commencement of the high-profile "Davos" conference in Russia.
The US saw a significant drop in crude oil stockpiles, totaling 8 million barrels, exceeding analysts' forecasts significantly. Meanwhile, export levels surged to unprecedented heights and refining operations reached an impressive 94.7% uti
Russian President Putin has given the green light to a key asset transfer involving TotalEnergies, specifically its 10% stake in Arctic LNG 2. According to official documentation, this stake is being transferred to Nordline LLC as per a rec
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