The London-listed company is in joint talks with Chinese state-run oil companies CNOOC, CNPC and Sinopec over its 27.5% holding

Price increases across the board averaging 30.8% year-to-date set to hurt both industry and consumers

Chinese oil giant CNOOC surged 44% in its Shanghai debut on Thursday, after raising 28.08 billion yuan ($4.41 billion) in a public stock offering

As most shipments were contracted before the invasion of Ukraine, any cut to Russian oil purchases due to worries about sanctions would only be reflected in data due for release in May

Total revenue in the January-March quarter surged 32.1% from the same period last year to 501 trillion rupiah, while spending fell 6.2% to 490.6 trillion rupiah

The government in Indonesia, which is the globe's top palm oil producer, has faced pressure to control rising cooking oil prices

Miner records 6.2% year-on-year decline in production to 71.7 Mt, warning of risks from rising inflation, war in Ukraine and China’s Covid-19 lockdowns

Zijin said it signed a deal with Xanadu Mines to buy a 19.9% stake at A$0.04 ($0.0296) per share, and another 50% stake in Xanadu unit Khuiten Metals for $35 million.

The company has had issues accessing some projects in New South Wales due to flooding, while a worker crunch caused by Covid-19 has made it tough to staff operations

SAIL filed a suit at the National Company Law Tribunal claiming that Jaiprakash Associates pledged shares in the JV without its authorisation

The move by the Italian company - following similar halts by Hershey and General Mills - is a further reputational blow for Sime Darby and for Malaysia

India increased its imports of coal from Russia in March to 1.04 million tonnes – its highest level since January 2020, report says, citing data from commodity intelligence firm Kpler