BHP Expected to Wait Out Rio Glencore Deal Talks as Copper M&A Heats Up
Australia’s mining giant, BHP Group ( NYSE:BHP), will wait out talks over the proposed merger by the United Kingdom’s Rio Tinto Group (NYSE:RIO) and Switzerland-based commodity trading and mining company…
US issues new tariffs on countries trading with Iran
US President Donald Trump has announced a 25% tariff on all trade with the US for any country trading with Iran, in a major escalation of his tariff policy following…
Control Devices expands with Sherwood Valves acquisition
Control Devices, a specialty valve and flow-control manufacturer serving industrial and specialty gas markets and a portfolio company of HMB Holdings, has acquired Sherwood Valve, a Pennsylvania-based producer of technical…
Air Liquide completes DIG Airgas acquisition
Industrial gas major Air Liquide has completed the $3.3bn acquisition of DIG Airgas, an industrial gas producer in South Korea, . With the deal’s closure, Air Liquide will double its…
Vision 2030: Leading with CHARM
The period 2026 to 2030 will be the most difficult to navigate since the period following the 2018 crash, says Stephen B. Harrison, Managing Director of sbh4 consulting and gasworld…
Germany Seals $9.6B TenneT Deal to Ease Power Grid Bottlenecks
Germany has finalized a deal to buy a stake in the German division of Dutch power grid operator TenneT (TenneT Germany) for around €7.6–€8.9 billion (approx. $8.2–$9.6 billion), locking in…
Gulf Stocks Mixed, Oil Steady as Powell Probe Rattles Fed Independence
Gulf equities and oil futures were mixed in early Monday trading as markets weighed fresh legal proceedings against Federal Reserve Chair Jerome Powell. Brent crude for March delivery was up…
Trading Giants Seek Big Asia Buyers for Venezuelan Oil
Vitol Group and Trafigura Group are in talks with large Indian and Chinese refiners over potential sales of Venezuelan crude, days after they obtained a preliminary green light from the…
Vitol and Trafigura Secure U.S. Licenses to Trade Venezuelan Oil
Vitol and Trafigura are offering Venezuelan crude to refiners in China and India for March delivery, trade sources told Reuters on Monday, days after two of the world’s biggest independent…
Indonesia Inaugurates $7.4-Billion Upgraded Refinery, Its Largest
Indonesia inaugurated on Monday the upgraded Balikpapan refinery, which cost $7.4 billion to redevelop and is another step toward self-sufficiency in fuel supply. Indonesian President Prabowo Subianto and Energy Minister…
