Brazilian state-run oil company Petroleo Brasileiro SA has begun the sale process for its 27.88% stake in the Deten Quimica SA petrochemical complex in the northeastern state of Bahia, it said in a Wednesday securities filing.
Hungarian Foreign Minister Peter Szijjarto has signed a 15-year gas supply agreement with Russian energy group Gazprom to take effect as soon as its existing deal expires in September, he said on Thursday.
By Reuters Staff
2 Min Read
BOGOTA (Reuters) - Former workers have again blocked Colombian coal miner Cerrejon’s rail line, the company said on Thursday, the latest protest to recently affect the beleaguered miner’s operations.
Cerrejon, jointly owned by BHP Group, Anglo American Plc and Glencore Plc, has had repeated disagreements with nearby Wayuu indigenous communities and its largest union, which held a three-month strike last year.
The company in late May declared force majeure and halted operations because of two blockades which prevented it from bringing in supplies of gasoline. One was mounted by former workers upset by recent job cuts and another by members of a nearby indigenous community which has made repeated environmental complaints about Cerrejon.
Global equities markets lagged on Thursday after stepping back from near-record levels earlier in the week, as investors studied strong U.S. data reports for economic recovery and inflation signals.