commodities Tag

An executive from the world’s largest mining company BHP (ASX:BHP) has indicated that 2017 is set to be the turning point for electric cars, as demand for crucial commodities begins to accelerate. Speaking at an event in Singapore Arnoud Balhuizen, chief commercial officer at BHP said:...

Credit rating agency S&P Global has cut its outlook on ExxonMobil (NYSE:XOM) to negative, warning that it may downgrade the oil major’s double-A plus rating over the next two years. This latest blow comes after S&P stripped Exxon of its long-held triple-A rating, as the US...

London’s FTSE 100 stock market index closed at a record high on Monday thanks to a jump in the price of oil and other commodities, which boosted the share prices of several LSE-listed energy giants. Oil majors BP (LSE:BP) and Royal Dutch Shell (LSE:RDSA), who together...

Mergers and Acquisitions (M&A) deals between companies in the energy industry have increased by 36% in the first six weeks of 2017, compared to the same period in the previous year. Nearly US$66 billion in M&A deals have already been announced this year, representing the best...

Total oil and gas discoveries have reached their lowest total in 60 years, according to research by IHS Markit. New discovery figures have continued to decline since dropping of a cliff in 2015, when discoveries also hit a six-decade low. Prior to 2013, the average number of...