The Organization of Petroleum Exporting Countries and its allies pledged significant output curbs this quarter in a bid to avert a surplus and shore up global prices.

Diamondback Energy agreed to acquire Endeavor Energy Resources, creating a new entity with a market value of roughly $50 billion.

The world’s top commodity trader will seek to sell its 49% stake in Koniambo Nickel SAS, according to a statement from KNS.

The carriers, each with a capacity of 45.96 million gallons, will be wholly owned by Nakilat and chartered out to affiliates of QatarEnergy.

In total, Indian refiners want to lock in about 500,000 barrels per day of Russian crude supplies, said sources who could not be identified as negotiations are private.

Duke Energy said in a statement that it is planning to voluntarily move away from using CATL battery storage technologies by 2027 to support a "robust American supply chain."

The agreement, which took effect in January, allows gas to be shipped via pipeline to Italy and then on to Germany, a spokesperson for Sonatrach said.

The South Korean chemical company said that it would supply GM with at least 500,000 tons of cathode materials through 2035, enough to manufacture batteries for 5 million EVs.

The European Commission set a target of 750 gigawatts of solar power generation capacity by 2030, up from 260 gigawatts in 2023.