MINING.COM

Glencore, Chad creditors agree in principle on terms of debt treatment

The deal will be the first completed under a framework created by the Group of 20 major economies and the Paris Club in late 2020 to help poor countries weather the covid pandemic.

Reuters | November 11, 2022 | 10:13 am

Vedanta says state revenue share would make Barmer oil asset unviable

The government has said it is entitled to increase its revenue share from the block by 10%, having recently extended the contract for the Barmer asset by 10 years.

Reuters | November 11, 2022 | 9:14 am

Mark Carney sees ‘wall of opportunity’ for energy investors

“A lot of the answer to energy security problems that have been exposed by Russia’s illegal war have to do with sustainability,” the former Bank of England governor said.

Bloomberg News | November 8, 2022 | 12:46 pm

Enbridge to spend $4 billion expanding natural gas pipelines in British Columbia

Should the planned expansion receive the necessary regulatory approvals, the company said the expanded pipeline would be in service sometime in 2028.

Nelson Bennett - Business in Vancouver | November 7, 2022 | 2:59 pm

COP27: We’re on a highway to climate hell, UN boss says

"Humanity has a choice: cooperate or perish,” United Nations Secretary-General Antonio Guterres told delegates gathered in Egypt.

Reuters | November 7, 2022 | 7:51 am

Russia’s Sberbank sues Glencore for $116m over oil supplies

Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.

Reuters | November 7, 2022 | 7:41 am

Methane cloud spotted by satellite near India waste site

Methane is routinely generated as a byproduct of oil and coal production.

Bloomberg News | November 6, 2022 | 9:25 am

UK court fines Glencore $308 million for bribing its way across Africa

The UK Serious Fraud Office showed how Glencore paid more than $28 million in bribes across five African countries over five years to 2016.

Bloomberg News | November 3, 2022 | 10:30 am

Glencore employees moved bribes cash by private jet, London court told

Glencore paid – or failed to prevent the payment of – millions of dollars in bribes to officials in five African countries, Britain's Serious Fraud Office (SFO) told Southwark Crown Court.

Reuters | November 2, 2022 | 9:41 am

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