Indices

Senegal plans to nationalise Kosmos-run Yakaar-Teranga gas project

Senegal plans to nationalise the Yakaar-Teranga gas project, operated by Kosmos Energy and estimated to be one of the world's largest discoveries in recent years, with a view to meeting domestic gas...

Nigerian oil firms strike flare-gas deals to curb emissions, boost energy

Nigeria's Heirs Energies and state oil firm NNPC said on Wednesday they had signed agreements with five investors to capture and monetise gas that would otherwise be wasted through flaring, where the...

EU countries' ambassadors approve phase out of Russian gas imports

European Union countries' ambassadors on Wednesday greenlit the bloc's plan to phase out Russian gas imports by late 2027, a spokesperson for Denmark's EU presidency said, clearing one of the final...

South African rand inches up following local retail sales data, as investors await US rate decision

The South African rand edged up on Wednesday, following the release of domestic retail sales data as investors awaited a U.S. Federal Reserve policy meeting later in the day. At 1329...

USTR Greer says he's open to 'different treatment' of South Africa under trade initiative

U.S. Trade Representative Jamieson Greer on Tuesday said he is open to treating South Africa differently than other African countries if Washington extends a trade initiative with sub-Saharan Africa...

Glencore to ship first cobalt cargo under Congo's new quota system

Glencore has become the first miner to export cobalt under Democratic Republic of Congo's new quotas, sending a small initial shipment to test the system, one government source and two trade sources...

TSX rises as soaring silver prices boost mining shares

Canada's main stock index advanced on Tuesday, led by metal mining shares, but the move was limited ahead of interest rate decisions by the Bank of Canada and the Federal Reserve. The...

Thai cane farmers switching to cassava amid cane price plunge, disease, Green Pool says

Cane farmers in Thailand, the world's second-largest sugar exporter after Brazil, are switching to cassava as prices for the sugary crop plunge and fields in some parts of the country battle a disease...

Coceral forecasts smaller EU and UK wheat crop in 2026

Grain trade association Coceral expects soft wheat production in the European Union and Britain to fall in 2026 from a 10-year high in 2025 despite favourable early growth for the next crop, it said...

Chilean regulator, workers flagged risk at Teck's Quebrada Blanca dam

Chilean authorities in August raised concerns over a large crack and leaks at Teck's flagship Quebrada Blanca copper mine and criticized the miner for not immediately reporting the issues, according...

Airlines warn green fuel goals at risk as supply falls short

The global airline industry is likely to miss its targets for green jet fuel use in the coming years, the International Air Transport Association said on Tuesday, blaming fuel producers and regulators...

India's IOC seeks LNG cargo for January delivery, sources say

State-run Indian Oil Corp issued a tender seeking a liquefied natural gas cargo for delivery in January, two industry sources said on Tuesday. IOC is seeking the cargo for delivery on...

EU strikes deal to weaken corporate sustainability laws

The European Union reached a deal on Tuesday to scale back its corporate sustainability laws, after months of pressure from companies and governments including the United States and Qatar. ...

G7 finance ministers discussed export controls and critical minerals in call, Canada says

Canadian Finance Minister Francois-Philippe Champagne chaired a virtual meeting of G7 finance ministers on Monday to discuss export controls and critical minerals, the finance ministry said in a...

Morocco to open two deepwater ports in 2026 and 2028, minister says

Morocco will open a new deepwater Mediterranean port next year and another on the Atlantic in 2028, Equipment and Water minister Nizar Baraka said, as the North African country aims to replicate the...

Global equity funds draw inflows ahead of Fed decision

Global equity funds attracted significant inflows in the week through December 3 as expectations of a potential Federal Reserve rate cut this week boosted risk sentiment. Investors...

TSX muted at open as investors brace for central bank decisions

Canada's main stock index was subdued on Monday, with investors taking a breather ahead of crucial monetary policy decisions in the U.S. and Canada later this week. At 9:30 a.m. ET ,...

South Africa is working on ways to help ferrochrome firms, Eskom says

South Africa is working on ways to support its ferrochrome industry, state power utility Eskom said on Monday, as it announced an agreement with Samancor Chrome and the Glencore-Merafe Chrome...

PetroSA approves Shell as majority partner in block offshore South Africa, document shows

South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country's west coast, a document seen by Reuters showed on Monday. ...