Poor harvests hitting production have forced up the cost of key ingredient
Also in today’s newsletter, US shareholder meetings show a mixed picture on sustainability
Britain’s biggest steelmaker also challenges validity of Unite ballot on industrial action
Hedge funds cut bullish bets as seasonal rains improve production outlook in Ghana
Serica ‘actively’ looking overseas ahead of potential increase in UK government’s windfall levy on producers
For Paladin Energy and Fission Uranium, teaming up looks like a sensible move
Statkraft forced to cut growth because of lower electricity prices and higher costs
Protectionist policies are exacerbating inflation, says Olam Agri
Some producers have started to row back on low-carbon strategies amid high fossil fuel demand and investor concerns
UAE and Saudi Arabia are leading region’s efforts to reduce dependence on oil and gas
Islamist regime has issued hundreds of contracts to tap gold, gemstones and minerals
United Airlines executive highlights need for access to pipeline networks and other infrastructure to help decarbonisation
But critics fear the oil bonanza will turn Guyana into a victim of the ‘resources curse’
Voters are worried about inflation in general and the cost of filling up their cars in particular
Presidential election comes as Iranians face cost of living crisis — even much-derided cheap car is unaffordable for many
Wall Street bank stands to make $80mn if deal to sell group to Chevron survives ExxonMobil challenge
UAE oil company’s lengthy courtship and sweetened €14.4bn bid key to overcoming German chemical group’s reluctance
German chemicals group to enter ‘concrete negotiations’ after Gulf state-owned company boosts proposal to €62 per share
Orlen’s acquisition of newspaper business under former rightwing government has drawn criticism
Environmentalists and sceptical locals threaten key element of US plans for green energy
Carlyle rushes in where others fear to tread
Plus, the dark side of tokenisation and two arrests
Environmentalists accuse Jakarta of prioritising mining of key commodity over nation’s biodiverse rainforests
Environmentalists question joint decision to promote hydrogen and ammonia as emission reduction tools
Energy Institute report highlights the world’s insatiable demand for energy and the need to speed up the pace of decarbonisation
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