Commodities
Anglo American to return $2bn to shareholders as profit soars
Anglo American said it would return $2bn to shareholders as the miner reported a 1,000% increase in first-half profit spurred by rising demand and prices.
Polymetal sticks to guidance after solid Q2
Polymetal International stuck to its guidance for annual production and costs as the precious metals miner reported solid results for the second quarter.
BHP in 'great shape' after record production at some mines
BHP said it was in "great shape" after the miner achieved record production at iron ore, coal, and copper and gold assets during the last financial year.
Rising oil prices could slow recovery, IEA warns
Rising oil prices could slow the global recovery unless major producers can strike a deal to increase production, the International Energy Agency said.
Shell to join hydrogen production project in Norway
Shell is set to join a project in Norway to produce hydrogen from natural gas while capturing the emissions, Aker Clean Hydrogen announced on Monday.
Saudis, Russia negotiating potential deal for gradual oil-output increase
Saudi Arabia and Russia are negotiating the details of an oil supply hike which would add around 2m barrels a day to the cartel’s output from August to December, said delegates who spoke to Bloomberg on Thursday.