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The company said in a statement it expects to resume production and transport of copper concentrate at the Las Bambas open-pit mine from Saturday
The risk of a global recession is keeping the US from imposing curbs on India and China, which are buying Russian oil at deep discounts
The dispute started last August when the DRC government announced it had formed a commission to reassess the reserves and resources at the mine
US asked Indian officials not to purchase too much Russian oil, energy official tells Senate subcommittee on Europe and regional security cooperation
The days of cheap Russian oil have evaporated, according to Indian sources, who say Rosneft has failed to sign new oil deals with Indian refiners, as sales have been done with other customers.
The Institute for Essential Services Reform, a promoter of renewable energy, said the draft bill shows parliament is accommodating the interests of the fossil fuel industry
Freeport LNG announced the closure after assessing the damage. Asian markets are already strained by limited access to Russian LNG due to its war on Ukraine
The Nord Joy fuel tanker was boarded by armed navy personnel on May 30 while anchored in Indonesian waters to the east of the Singapore Strait
With Beijing focusing on resource-rich states in South America, China widened the gap with the US last year in many countries - gobbling up soybeans, corn and copper
Russia is pumping an extra 70,000 barrels a day via the East Siberia Pacific Ocean pipeline to Kozmino, its port in the Far East, amid surging demand from countries in Asia and EU sanctions
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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