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French nuclear group Orano's uranium mine in Niger to close in 2021

French nuclear group Orano's COMINAK uranium mine in Niger will shut down in March 2021 due to the depletion of its reserves, the mine's board of directors said on Wednesday.

In hungry Venezuela, food producers step up exports to survive

Shrimp farming is booming in this western Venezuelan city, but little of the shellfish is destined for tables in this malnourished nation.

Chile's Codelco to resume normal operations after strike in solidarity with protests - union

Chile's copper workers' federation said it would halt a strike at the operations at state miner Codelco after negotiations with the government.

Exclusive: Mexico taps banks, oil major as it nears end of 2020 oil hedge - sources

Mexico's finance ministry has completed a majority of its annual oil hedging program, working with at least four top investment banks and oil major Royal Dutch Shell <RDSa.L>, sources said, after challenges slowed the world's largest oil financial deal this year.

Latest News

Australia's Fortescue Metals logs 5% rise in first-quarter shipments

Australia's Fortescue Metals Group Ltd on Thursday posted a 5% rise in first-quarter iron ore shipments, helped by resilient demand from China for the steel-making material.

Exxon, New York prosecutors face off in climate change fraud trial

A lawyer for New York's attorney general on Tuesday told a state judge Exxon Mobil Corp <XOM.N> used two sets of books to hide the true cost of climate change regulations from investors, while an attorney for the oil major assailed the claims as false and politically motivated...

Factbox: Climate targets – the devil’s in the detail

Amid a groundswell of public pressure for climate action, companies, sectors and countries worldwide have trumpeted new pledges, from setting net-zero emissions targets to declaring carbon neutrality in specific timeframes.

Ivory Coast, Ghana lift threat to cocoa sustainability schemes

Top cocoa producers Ivory Coast and Ghana said on Wednesday that chocolate makers would continue for now to be allowed to run sustainability schemes in their countries, linking them to the success of a program to ease pervasive farmer poverty.

That last toke for the road could be a downer with pot breathalyzers coming

One toke for the road could end up being a total bummer for drivers who smoke pot, with several companies in the United States preparing to market cannabis breathalyzers as legalized marijuana spreads across the country.

Green groups ask French court to order Total to disclose environmental steps in Uganda

Six French and Ugandan campaign groups have asked a French court to order energy major Total <TOTF.PA> to disclose how it is addressing the human and environmental impact of a Ugandan oil field, green group Friends of the Earth said on Wednesday.

India eases fuel retail rules, allows entry of non-oil firms

India on Wednesday relaxed its rules for setting up fuel stations in the country after a gap of 17 years, opening to non-energy companies a sector long eyed by global oil majors.

China leads the race to exploit deep sea minerals: U.N. body

China is likely to become the first country in the world to start mining seabed minerals if the international rules for exploitation are approved next year, the head of the International Seabed Authority (ISA) said.

Sweden could scrap onshore wind subsidy by end-2021: energy minister

Sweden aims to scrap subsidies for onshore wind farm projects at around the same time as Norway, which will halt its program at the end of 2021, Swedish Energy Minister Anders Ygeman said on Wednesday.

Antofagasta expects Chile unrest to dent output, issues dismal 2020 outlook

Copper producer Antofagasta Plc <ANTO.L> said on Wednesday protests in Chile could cut its production by about 5,000 tonnes, equivalent to less than 3% of third quarter output, due to delays in supplies and travel disruptions for workers.

China's semi-finished steel imports surge on scrap ban

China's imports of semi-finished steel surged in September as a crackdown on scrap shipments saw Chinese buyers scoop up alternative forms of the metal from other Asian countries at favorable prices.

Centamin third-quarter output drops less than feared; shares top FTSE 250

Gold miner Centamin on Wednesday reported a less-than-feared slump in production for the third quarter and said it was reviewing its only operational Egyptian mine, sending its shares to the top of the UK midcap bourse.

Lukoil CEO opposes adjusting OPEC+ deal until April: RIA

Lukoil CEO Vagit Alekperov said he is against any changes to a global deal on curbing oil supplies agreed between OPEC and its allies, Russia's RIA Novosti news agency reported on Wednesday.

Oil and non-oil declines weigh on Qatar growth outlook: Reuters poll

Growth forecasts for the Gulf state of Qatar were chopped in a quarterly Reuters poll on Wednesday after the government this month published the first quarterly contraction of its economy in years.

Aramco listing was delayed to rope in anchor investors: sources

Oil giant Saudi Aramco's much-vaunted stock market listing was delayed after deal advisers said they need more time to lock in cornerstone investors, three sources with direct knowledge of the matter told Reuters.

China offers tariff-free quota for 10 million tonnes of U.S. soybean purchases: sources

Beijing on Tuesday offered major Chinese and international soybean processors waivers that would exempt the companies from steep tariffs on imports of up to 10 million tonnes of U.S. soybeans, according to two people briefed on the matter

Rio Tinto considers curtailment, closure of New Zealand aluminum smelter

Global miner Rio Tinto Ltd on Wednesday flagged a possible pullback or closure of New Zealand's Aluminum Smelter (NZAS), citing weakness in the aluminum market and high energy costs.

Oil prices rise as OPEC mulls deeper output cuts

Oil prices rose on Tuesday after China signaled progress in trade talks with the United States and OPEC and its allies mulled deeper production cuts, but gains were capped by forecasts of a buildup in U.S. crude stockpiles.

Exclusive: Petrobras, Brazil's government near oil marketing deal - official

Brazil's Petrobras could take over marketing of the government's share of crude from offshore oilfields, a government official told Reuters, adding significantly to the state-run oil firm's trading operations.

U.S. crude stocks expected to rise for sixth consecutive week: Reuters poll

U.S. crude stockpiles likely rose for the sixth straight week, while refined products stockpiles likely fell last week, an extended Reuters poll showed on Tuesday.

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