China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand.
A record sell-off in Siemens Energy shares has laid bare a major loss of confidence by investors in the group's ability to fix its struggling wind turbine division, leaving them fearful of what else to expect down the road.
State-owned Indian iron ore miner NMDC is likely to invest around 5 billion rupees ($61 million) in its planned first foray into gold mining, a source with direct knowledge of the matter said on Monday.
A methane gas explosion in a disused South African mine killed at least 31 people last month believed to be from neighbouring Lesotho, South Africa's energy department said on Friday.