Kuwait signed a deal with Saudi Arabia to develop the Durra field, which is expected to produce 1 billion standard cubic feet per day of gas and 84,000 barrels per day of condensates
IFC is enhancing its trade facility to Bank Al Habib to enable it to support longer-term imports of capital goods including equipment, machinery and tools
The price surge follows a record price spike last week, a six-day trading suspension, and then a restart hit by technical glitches
The Tangshan government implemented a temporary lockdown on Tuesday to avoid further cases of Covid-19 as infections surged, the local government said
Carmakers have responded to surging lithium prices by switching to lithium ferro-phosphate batteries, which China is best placed to supply worldwide, says Credit Suisse
Arrivals of Saudi crude totalled 14.61 million tonnes in January-February, equivalent to 1.81 million barrels per day (bpd), down from 1.86 million bpd a year earlier, data showed
Ministry of Agriculture and Rural Affairs issues statement after Chinese President Xi Jinping seeks more effective Covid-19 measures
Much of the record payout was driven by the bumper profits and dividends of the large miners
Tehran envoy Ali Chegeni said if both nations restart their rupee-rial trade, bilateral trade could surpass $30 billion
Barring manganese, prices of other commodities such as lithium, cobalt and nickel have increased sharply since the beginning of 2022
As of Friday, retail petrol prices will rise by 750 yuan ($118) a tonne and diesel prices by 720 yuan a tonne, the National Development and Reform Commission said
The move comes after a storm of coal-related issues drove widespread power outages and rationing around the country in September and October 2021