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BHP Group's earnings exceeded expectations, driven by a strong copper performance, leading to a record high in Australian shares.

Serbian residents are opposing a $2.8 billion oil refinery project backed by Chinese state-owned companies due to concerns over pollution, while the Serbian government is keeping the deal's framework agreement secret, citing it as a 'business secret'.

India's steel producers are exploring green steel options to reduce emissions and cut export costs to Europe due to the EU's carbon tax, potentially rewriting the economics of the Indian steel industry.

The Energy-as-a-Service market is expected to double from $28.79 billion in 2024 to over $55 billion by 2030, driven by commercial landlords and data center operators seeking predictable monthly fees.

The EU's carbon border adjustment mechanism is set to be implemented in January, potentially affecting non-EU countries' exports, including India's steel exports, which may seek alternative markets.

India's steel exports to the European Union are expected to decline due to the implementation of the Carbon Border Adjustment Mechanism, forcing Indian steel producers to explore alternative markets.

ADNOC Gas has signed a $4 billion deal with EMSTEEL to supply natural gas for 20 years, boosting their long-standing partnership and commitment to sustainability.

President Trump's tariff strategy has unevenly affected the oil and gas industry, with upstream and midstream companies facing higher costs for essential materials despite crude oil and refined fuel imports remaining tariff-free.

U.S.

The US is gaining a lead in the development and implementation of Carbon Capture and Storage (CCS) technology, outpacing Europe in addressing emissions from industries that cannot easily decarbonize through renewables or electrification.

Deloitte reports that Trump's tariffs could significantly impact the U.S.

The European steel market is facing turmoil due to the EU's proposal to double tariffs and slash import quotas, potentially disrupting supply chains and prices.