Romania's MASS Group Holding plans to invest €1 billion in large-scale battery energy storage projects, supporting the country's power grid as renewable energy expands.
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Taiwan plans to increase its imports of U.S.
Eni expects a 'very finely balanced' LNG market in 2026 due to high European demand and rebounding Asian consumption, contradicting forecasts of a supply glut.
Investors are spooked by Anthropic's AI productivity tools, causing a sell-off in software and data service companies, with Thomson Reuters and Intuit being among the hardest hit.
The launch of Anthropic's AI productivity tools has caused a market sell-off, particularly affecting software and data service companies, with Thomson Reuters and Intuit experiencing significant losses.
Libya plans to increase natural gas production to 1 billion cu ft daily and explore shale deposits, potentially supplying more gas to Europe as it searches for alternative energy sources.
Asian stocks and gold are experiencing a rebound as trade becomes calmer after recent market volatility, with the Australian dollar also rallying following a rate hike.
OPEC+ is expected to maintain oil production levels unchanged in March, despite Brent Crude prices reaching $70 per barrel, as the group had previously pledged to pause hikes for the first quarter.
Global markets experienced high volatility due to concerns over a potential US strike on Iran and a possible US government shutdown, impacting oil and metals markets.
Kuwait is set to launch a $7 billion pipeline project, seeking foreign capital to fund critical oil infrastructure, as part of its efforts to upgrade transport capacity and ease financial burdens on the state budget.
Afreximbank has provided a $17.5 billion financing facility to Angola's national oil company Sonangol to support oil trading operations and general corporate funding needs, amidst structural decline and international scrutiny.
The S&P 500 index has surpassed the 7,000-point milestone for the first time, driven by optimism in the artificial intelligence sector.
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