A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum's assets surpass $20 billion, making it difficult for the Houston-based refiner to compensate them all, the chief of a board supervising the company said on Wednesday.
A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner has been stalled due to the company's ongoing takeover by Intel, three sources said, dashing India's chip making plans.
Namibia is considering taking minority stakes in mining and petroleum producers to reap more value from its mineral wealth, the African country's mining minister told lawmakers, Bloomberg News reported on Tuesday.
Mining giant Glencore Plc plans to invest $1.5 billion on an expansion project at its Antapaccay mine in Peru, up from $590 million announced previously, a company executive said, in a bid to unlock the stalled plan key to maintaining copper output.
Australia-listed Vulcan Energy Resources Ltd signed an agreement with Stellantis NV on Wednesday, aiming to decarbonise the energy supply for the automaker's European operations.