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UK Natural Gas Futures Fall to 2-Week Low

UK Natural Gas Futures Fall to 2-Week Low

UK natural gas futures fell over 9% to a two-week low of 104 pence per therm. This drop reflects broader energy market declines amid optimism for a Middle East conflict resolution and Strait of Hormuz reopening.
EU household gas prices up in the second half of 2025

EU household gas prices up in the second half of 2025

EU household gas prices rose in the second half of 2025, resuming seasonal fluctuations seen before the 2022 crisis, after distortions in 2022-2023.
Copper Approaches Record High

Copper Approaches Record High

Copper futures surged past $6.1 per pound, nearing its January 29th record of $6.2, driven by falling energy prices and an improved outlook for manufacturing demand.
Indian non-basmati rice prices fall to multiyear low amid Africa policy disruption, new crop arrivals

Indian non-basmati rice prices fall to multiyear low amid Africa policy disruption, new crop arrivals

Indian non-basmati rice prices hit multiyear lows due to subdued domestic demand, changing import policies in key African destinations, and new crop arrivals.
Nigeria: Domestic refineries received 61.9mln barrels of crude oil in Q1 2026 —Report

Nigeria: Domestic refineries received 61.9mln barrels of crude oil in Q1 2026 —Report

Nigerian domestic refineries received 61.9 million barrels of crude oil in Q1 2026, as per the Upstream Petroleum Regulatory Commission. Producers offered 68.7 million barrels, enforcing the Domestic Crude Supply Obligation.
European natural gas prices slide amid hopes for U.S.-Iran peace deal

European natural gas prices slide amid hopes for U.S.-Iran peace deal

European natural gas prices slid amid hopes for a U.S.-Iran peace deal, paring some earlier losses but remaining lower due to potential conflict resolution.
Kolkata Water Infrastructure Expansion Plans New Reservoirs

Kolkata Water Infrastructure Expansion Plans New Reservoirs

Kolkata plans significant water infrastructure expansion with new reservoirs and pumping stations to meet rising demand and improve distribution. This initiative aims to stabilise supply, enhance reliability, and address ageing networks amidst urban growth and climate challenges.
India, EU launch ₹169 crore fund for EV battery recycling

India, EU launch ₹169 crore fund for EV battery recycling

India and the EU launched a ₹169 crore fund for EV battery recycling, targeting lithium, graphite, and cobalt recovery. Proposals are due by 15 September 2026, aiming to establish a pilot recycling line in India for resource security.
India plans 35 crore smart meters by 2035 as power sector targets smarter grids

India plans 35 crore smart meters by 2035 as power sector targets smarter grids

India's power sector targets Rs 11.2 trillion capex by 2035, aiming for 35 crore smart meters to transform distribution. Over 6.5 crore meters are installed, with a focus on data-driven outcomes, AI/ML, and indigenization for smarter grids and reduced losses.
Deepak Fertilisers and Petrochemicals Corporation Limited Subsidiary Completes Acquisition of Chardham Chemicals

Deepak Fertilisers and Petrochemicals Corporation Limited Subsidiary Completes Acquisition of Chardham Chemicals

Deepak Fertilisers' subsidiary, DMSL, acquired Chardham Chemicals for Rs. 121.45 Crores on May 6, 2026. This 100% acquisition strengthens DMSL's explosives portfolio, enhancing market reach in Australian and international mining sectors.

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