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Tuesday, October 7, 2025

Britain’s Petro Matad has started selling oil from a field in Mongolia

UK-based Petro Matad, which operates the Heron oil field in Mongolia (Mongolian name "Tseng Togoruu"), has started selling oil, realising reserves produced from October...

UK records £17.7bn budget deficit

The UK recorded a budget deficit of 17.7bn pounds ($23.85bn) in May, according to a report by the Office for National Statistics (ONS). The figure...

Norway reduced gas production by 8%

Norway's natural gas production in May was 9.2 billion cubic metres, down 7.9% from the same month last year, according to preliminary calculations by...

Swiss exports to the US fell 42% due to duties

Swiss exports to the US fell sharply in May for the second month in a row. Data released by the Swiss Federal Customs Administration on...

Airbus to increase shareholder payout to 50% of profits

European aerospace corporation Airbus will raise its dividend payout ratio to 30-50 per cent of adjusted earnings from 30-40 per cent, the company said. Airbus...

US housing construction falls to 5-year low

The number of homes started in the US in May fell 9.8% from the previous month to 1.256 million at an annualised rate, the...

The US Department of the Treasury extended for six months the exemption from sanctions against Russia for the Sakhalin-2 project

On 18 June, the US Treasury Department extended the term of the Russian-related general licence that authorises certain transactions with the Sakhalin-2 oil and...

Uranium price rises to $76-maximum since December 2024

Uranium prices jumped 10 per cent to $76 per pound on Monday after Sprott Physical Uranium Trust (the world's largest uranium fund) announced a...

Japan’s exports in May fell for the first time in 8 months – minus 1.7%

Japan's exports in May fell 1.7 per cent from the same month last year to a four-month low of 8.135 trillion yen ($56.1 billion),...

SoftBank sold $4.8bn worth of T-Mobile stock

Japanese investment and technology SoftBank Group raised $4.81bn from the sale of 21.5m shares in US telecoms company T-Mobile. The papers were sold at $224,...
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