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Colombia maintains banana output despite coronavirus, Panama disease outbreaks

Colombia, the world's fourth-largest banana exporter, has maintained production and exports of the yellow fruit to its largest buyers, despite the twin threats of coronavirus and dangerous fungus Fusarium R4T, an industry leader said Friday.

Brazil court orders eviction of illegal gold miners from Yanomami reservation

A federal court ordered the Brazilian government on Friday to expel an estimated 20,000 illegal gold miners from the Yanomami indigenous reservation to protect one of the most isolated major Amazon tribes from the spread of coronavirus.

Record debts come due for Canadian oil patch after five years of crisis

Six years ago, Canadian oilfield services firm Calfrac Well Services <CFW.TO> commanded a C$2.1 billion ($1.55 billion)market value and was poised for U.S. expansion.

Exclusive: CIMB alleges 'suspicious' Hontop Energy oil deals with BP - affidavit

Singapore's High Court has appointed an independent supervisor to oversee the restructuring of trader Hontop Energy.

Latest News

Factbox: Struggling Canadian energy companies deal with debt pressure

Canadian energy companies have some C$6 billion ($4.42 billion)in refinancing needs this year, the Bank of Canada says.

Alberta looking for U.S. Democratic support of TC Energy's Keystone XL pipeline: premier

Construction of TC Energy Corp's oil pipeline project, Keystone XL, has begun in Canada, the premier of the Canadian province of Alberta announced on Friday, saying the government has started talking with U.S. Democratic lawmakers for support.

Brazilian unit of EDP requests $107.9 million loan to compensate COVID-19 impact

Brazilian power firm EDP Energias do Brasil SA said on Friday it requested a 573.7 million-real ($107.95 million) loan as part of government efforts to support utilities firms amid the coronavirus pandemic.

Brazil's Petrobras begins binding phase of 10% remaining stake of gas pipeline NTS

Brazilian state-run oil firm Petrobras has begun the binding phase in the sale process of its 10% remaining stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), it said in a securities filing on Friday.

Brazil's Petrobras hires new satellite service to hasten data transmission

Brazilian state-run oil company Petrobras has hired a new satellite service capable of reducing data transmission timing by 75% between the company's platforms and command centers, it said in a securities filing on Friday.

International banks accuse Argentine soy crusher Vicentin of diverting funds

Banks owed money by cash-strapped Argentine soy crusher Vicentin are accusing the company of diverting hundreds of millions of dollars and have asked a U.S. court to subpoena records as part of a lawsuit, including wire transfers and bank statements.

Unions at Codelco´s Chuquicamata mine approve new measures to combat coronavirus

Chile´s state-run Codelco said on Friday unions at its Chuquicamata mine division had voted to implement a seven-day on, seven-day off shift schedule at the sprawling copper deposit in a bid to reduce worker exposure to the exploding coronavirus outbreak in the country´s...

Angola resists OPEC pressure to comply fully with oil cuts - sources

Angola is resisting pressure by OPEC for a steeper oil output cut to comply fully with record supply curbs, OPEC and industry sources said.

German parliament passes coal exit bill

Germany's Bundestag, the lower house of parliament, on Friday passed a bill on the country's exit from coal as a power source to meet climate targets.

Factbox: Germany's coal exit plan becomes law

Germany's lower and upper houses of parliament formally approved a law on Friday on ending coal burning by 2038.

Sent packing: Germany sets out to fry the cheap meat trade

How much should a slice of meat cost? More, says German Agriculture Minister Julia Kloeckner.

Italian prosecutor says Eni, Shell aware of bribes in Nigeria case

Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would go in corrupt payments to politicians and officials, an Italian prosecutor said on Thursday.

Russia temporarily halts parts of Nornickel power unit after fuel spill

Russia's safety watchdog on Friday ordered a power unit of mining giant Norilsk Nickel to suspend operations at six facilities for 90 days for violating safety rules, following a fuel spill in the Arctic.

Malaysia worries new EU food rules could hurt palm oil exports

Malaysia's massive palm oil industry has warned that the European Union's (EU) recent proposal to make its food industry more sustainable could eventually lead to stricter regulations for imports of the world's most-consumed vegetable oil.

Russia's Novak sees global oil output cuts easing from August

(This July 2 story refiles to clarify sourcing, paragraph 6)

Marine fuel market facing tougher third-quarter as supply rises

Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources said.

Aramco Trading sells crude from Malaysia as refinery remains shut: sources

Aramco Trading Co (ATC), has sold close to 10 million barrels of crude oil it held around Malaysia since its joint venture refinery with Petronas was shut in March following a fire, four trade sources said.

'On the edge': Chile copper production at risk as coronavirus bites

Chile's vaunted copper industry is nearing a tipping point as coronavirus explodes across the South American nation, mine workers and analysts say, laying bare the hidden costs of policies that have until now salvaged its output of the red metal.

Copper's bull run at risk as China enters slow summer season

A stunning V-shaped recovery in the price of copper is looking stretched as top consumer China enters its summer construction slowdown and fears of supply disruptions from the coronavirus have been mostly priced into the market.

German pig farmers suffer after abattoir's closure

German pig farming is being disrupted by the closure of one of the country's largest slaughterhouses after a coronavirus outbreak, an industry association said on Friday.

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