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Libya intends to move ahead with a $4bn-5bn oil and gas project proposed by Eni, months after putting the project on hold because of widespread opposition. The country's Supreme Council for Energy last month essentially cleared the way for block NC-07 to be awarded to a consortium of Italy's Eni, France's TotalEnergies, Abu Dhabi's Adnoc and Turkey's ...
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Mining giant BHP offered to buy Anglo American, a longtime rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry. Anglo American said Thursday it had received a proposal from BHP made up of an all-share offer for the company, contingent upon Anglo American’s demerger of shareholdings ...