Tullow Oil trims 2023 production forecast West Africa-focused Tullow Oil has today trimmed its 2023 production forecast for a second time, mainly due to delays in Jubilee oilfield's south east extension off Ghana. Business • 15 Nov 23
Tullow Oil trims 2023 production forecast West Africa-focused Tullow Oil has today trimmed its 2023 production forecast for a second time, mainly due to delays in Jubilee oilfield's south east extension off Ghana. Business • 15 Nov 23
Glencore-led group scoops Teck's coal assets for $9bn A Glencore-led consortium has today sealed one of the mining sector's biggest deals in years as it agreeed to buy Canadian miner Teck Resources' steelmaking coal unit for $9 billion. Business • 14 Nov 23
Glencore-led group scoops Teck's coal assets for $9bn A Glencore-led consortium has today sealed one of the mining sector's biggest deals in years as it agreeed to buy Canadian miner Teck Resources' steelmaking coal unit for $9 billion. Business • 14 Nov 23
Tullow Oil signs $400m debt facility deal with Glencore Tullow Oil said today it had signed a $400m five-year debt deal with Glencore to help manage its senior notes maturing through 2026 and will see the trading house take over marketing the crude from its flagship Ghana oilfields. Business • 13 Nov 23
Tullow Oil signs $400m debt facility deal with Glencore Tullow Oil said today it had signed a $400m five-year debt deal with Glencore to help manage its senior notes maturing through 2026 and will see the trading house take over marketing the crude from its flagship Ghana oilfields. Business • 13 Nov 23
Glencore 2023 production outlook disappoints Shares in miner and trader Glencore fell as much as 3.5% today after 2023 production guidance across all the commodities it mines missed consensus estimates. Business • 06 Dec 22
Glencore 2023 production outlook disappoints Shares in miner and trader Glencore fell as much as 3.5% today after 2023 production guidance across all the commodities it mines missed consensus estimates. Business • 06 Dec 22
Glencore sells its stake in Russia's Russneft Glencore has sold out of Russneft, capping two decades of investments which saw the Swiss commodities firm trading millions of barrels of the Russian group's oil even as it witnessed some of Russia's top corporate and political battles. Business • 15 Feb 22
Glencore sells its stake in Russia's Russneft Glencore has sold out of Russneft, capping two decades of investments which saw the Swiss commodities firm trading millions of barrels of the Russian group's oil even as it witnessed some of Russia's top corporate and political battles. Business • 15 Feb 22
Glencore reinstates dividend as 2020 net debt drops Glencore has today reinstated its dividend after net debt fell by 10% last year, helped by surging commodity prices in the second half. Business • 16 Feb 21
Glencore reinstates dividend as 2020 net debt drops Glencore has today reinstated its dividend after net debt fell by 10% last year, helped by surging commodity prices in the second half. Business • 16 Feb 21
Glencore posts first annual loss in four years Glencore has today reported its first annual net loss since 2015 after writing down $2.8 billion in coal, oil and copper assets. Business • 18 Feb 20
Glencore posts first annual loss in four years Glencore has today reported its first annual net loss since 2015 after writing down $2.8 billion in coal, oil and copper assets. Business • 18 Feb 20
Glencore to cooperate with US corruption investigation Glencore said today it would cooperate with US authorities after they demanded documents about the mining firm's business in Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption investigation. Business • 11 Jul 18
Glencore to cooperate with US corruption investigation Glencore said today it would cooperate with US authorities after they demanded documents about the mining firm's business in Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption investigation. Business • 11 Jul 18
Glencore facing money-laundering probe US authorities have demanded Glencore hand over documents about its business in the Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption probe. Business • 04 Jul 18
Glencore facing money-laundering probe US authorities have demanded Glencore hand over documents about its business in the Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption probe. Business • 04 Jul 18
Blockchain to track Congo's cobalt from mine to mobile Blockchain is to be used for the first time to try to track cobalt's journey from mines in Democratic Republic of Congo through to products used in smartphones and electric cars. Business • 02 Feb 18
Blockchain to track Congo's cobalt from mine to mobile Blockchain is to be used for the first time to try to track cobalt's journey from mines in Democratic Republic of Congo through to products used in smartphones and electric cars. Business • 02 Feb 18
Glencore may sell some Australia, Chile assets Glencore said it would announce the proposed sale of some assets in Australia and Chile, in the latest move to slash its debt pile. Business • 12 Oct 15
Glencore may sell some Australia, Chile assets Glencore said it would announce the proposed sale of some assets in Australia and Chile, in the latest move to slash its debt pile. Business • 12 Oct 15
Glencore cuts 4% of world zinc output, price jumps Commodities giant Glencore said it will cut 500,000 tonnes of zinc production, or around 4% of global supply, in its latest move to withstand weak commodities prices. Business • 09 Oct 15
Glencore cuts 4% of world zinc output, price jumps Commodities giant Glencore said it will cut 500,000 tonnes of zinc production, or around 4% of global supply, in its latest move to withstand weak commodities prices. Business • 09 Oct 15
Glencore 'operationally and financially robust' Glencore said today its business remained "operationally and financially robust" and it was confident in the medium and long-term fundamentals of its commodities. Business • 29 Sep 15
Glencore 'operationally and financially robust' Glencore said today its business remained "operationally and financially robust" and it was confident in the medium and long-term fundamentals of its commodities. Business • 29 Sep 15
Glencore to cut debt amid commodity market slump Mining and trading company Glencore today acknowledged the severity of the global commodity market slump as it suspended dividends. Business • 07 Sep 15
Glencore to cut debt amid commodity market slump Mining and trading company Glencore today acknowledged the severity of the global commodity market slump as it suspended dividends. Business • 07 Sep 15
Rio Tinto rejects Glencore merger approach Rio Tinto rejected a merger approach from smaller rival Glencore to create a $160 billion mining and trading giant in August. Business • 07 Oct 14
Rio Tinto rejects Glencore merger approach Rio Tinto rejected a merger approach from smaller rival Glencore to create a $160 billion mining and trading giant in August. Business • 07 Oct 14
Glencore's copper production rises 13% in H1 Mining company Glencore has posted a 13% increase in first-half copper output. Business • 13 Aug 14
Glencore's copper production rises 13% in H1 Mining company Glencore has posted a 13% increase in first-half copper output. Business • 13 Aug 14
Glencore profit hit by $7.6 billion Xstrata charge Commodities trader Glencore Xstrata today reported a 39% drop in half-year profits as it booked a $7.6 billion write-down of assets following the merger of Glencore and Xstrata this year. Business • 20 Aug 13
Glencore profit hit by $7.6 billion Xstrata charge Commodities trader Glencore Xstrata today reported a 39% drop in half-year profits as it booked a $7.6 billion write-down of assets following the merger of Glencore and Xstrata this year. Business • 20 Aug 13
Legendary commodities trader Marc Rich dies Marc Rich, father of modern oil trading and founder of the group that became Glencore Xstrata , has died at the age of 78, Business • 26 Jun 13
Legendary commodities trader Marc Rich dies Marc Rich, father of modern oil trading and founder of the group that became Glencore Xstrata , has died at the age of 78, Business • 26 Jun 13
Trading cushions Glencore's profit drop Glencore today posted a 25% drop in 2012 net income, with its trading division helping to cushion the impact of lower prices. Business • 05 Mar 13
Trading cushions Glencore's profit drop Glencore today posted a 25% drop in 2012 net income, with its trading division helping to cushion the impact of lower prices. Business • 05 Mar 13
Glencore reports solid growth as prices fall Glencore International said its metals, coal and agricultural production have risen as prices for many of the world's most valuable commodities continue to fall. Business • 01 Nov 12
Glencore reports solid growth as prices fall Glencore International said its metals, coal and agricultural production have risen as prices for many of the world's most valuable commodities continue to fall. Business • 01 Nov 12
Xstrata board recommends Glencore merger The board of Anglo-Swiss mining company Xstrata has said it is recommending shareholders accept merger terms with Swiss commodities trader Glencore. Business • 01 Oct 12
Xstrata board recommends Glencore merger The board of Anglo-Swiss mining company Xstrata has said it is recommending shareholders accept merger terms with Swiss commodities trader Glencore. Business • 01 Oct 12
Qatar says yet to decide on Glencore-Xstrata deal Investor Qatar has said today it has not yet decided whether to support Glencore's revised bid for Xstrata. Business • 11 Sep 12
Qatar says yet to decide on Glencore-Xstrata deal Investor Qatar has said today it has not yet decided whether to support Glencore's revised bid for Xstrata. Business • 11 Sep 12
Glencore lays out final $36 bln bid for Xstrata Commodities trader Glencore has laid out its revised $36 billion all-share bid for miner Xstrata today. Business • 10 Sep 12
Glencore lays out final $36 bln bid for Xstrata Commodities trader Glencore has laid out its revised $36 billion all-share bid for miner Xstrata today. Business • 10 Sep 12
Glencore posts 8% net profit drop in H1 Commodities trader Glencore International has reported an 8% drop in January to June net profits today amid falling prices for materials and global economic weakness. Business • 21 Aug 12
Glencore posts 8% net profit drop in H1 Commodities trader Glencore International has reported an 8% drop in January to June net profits today amid falling prices for materials and global economic weakness. Business • 21 Aug 12
Qatar Holding adds to Xstrata stake in weak market Qatar Holding, the second-largest shareholder in takeover target Xstrata, has added to its stake in the miner. Business • 23 Jul 12
Qatar Holding adds to Xstrata stake in weak market Qatar Holding, the second-largest shareholder in takeover target Xstrata, has added to its stake in the miner. Business • 23 Jul 12
