BHP Group delivered a strong first-half performance for FY26, confirming a major shift in global commodity markets. The world’s largest miner posted underlying attributable profit of $6.2 billion, up 22% year over year and broadly in line with forecasts. More importantly, copper has now become the company’s dominant earnings driver. For the first time in […]
ArcelorMittal will invest €1.3 billion (about $1.5 billion) to build a new electric arc furnace (EAF) at its steel site in Dunkirk, France. The company said the project marks a major step in cutting emissions from its French steel production. The steelmaker announced the decision as French President Emmanuel Macron visited the Dunkirk site. ArcelorMittal […]
Albemarle Corporation, one of the world’s largest lithium producers, has closed its Kemerton lithium hydroxide processing plant in Western Australia. The company made the decision due to rising costs and competitive pressures in hard-rock lithium processing. The closure affects more than 250 jobs and dozens of contractors. The Kemerton plant processed lithium from the Greenbushes […]
Equinor, long viewed as a global leader in carbon capture and storage (CCS), is slowing its near-term investment plans. The company said market conditions are not yet strong enough to support new large-scale CCS commitments, even though it has decades of technical expertise in the field. As per reports, during its latest earnings call, CEO […]
On February 12, President Donald Trump and the U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced what they called the largest deregulation in U.S. history in the White House’s Roosevelt Room. The EPA finalized a rule that removes the 2009 Greenhouse Gas (GHG) Endangerment Finding. The Obama administration created this finding, and it gave […]
Hosted by Shell and held in partnership with Moeve, Fluor, Gasunie, The International Association of Oil & Gas Producers, Repsol, Spiecapag and Germany Trade and Invest, DECARBON 2026 centred on practical decision-making at the intersection of policy, technology and implementation across the oil and gas value chain in Vösendorf, Austria. On 9 February, the first […]
Canada’s federal government has announced C$97.3 million (almost US$72 million) in new funding for clean transportation projects across the country. It was announced by Natural Resources Canada and other federal departments. The money will support 155 projects in provinces and territories nationwide. The investment aims to expand electric vehicle (EV) charging, help freight fleets reduce […]
Uranium is back in the spotlight. In 2026, uranium prices are climbing to levels not seen in years, fueled by supply constraints, policy support, and rising demand from nuclear power and AI-driven data centers. What was once a quiet energy commodity is now a strategic asset at the heart of the global energy transition. Sprott […]
China has updated and expanded its carbon reporting rules to cover new sectors. The changes are part of the country’s effort to improve transparency on climate risks and emissions. Officials have extended carbon reporting requirements to include the airline industry and major industrial sectors such as petrochemicals and copper producers. This is a major shift […]