Two more wells will be dug in Jamalpur for gas exploration
The government has decided to dig two more gas wells in Jamalpur as part of the ongoing exploration work."We hope that digging work for two more wells in Jamalpur will be started in January next year for searching gas, after completion of documentary work by December this year," Petrobangla chairman...
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Gold falls on strong US economic data
Gold fell on Wednesday as solid US economic data reinforced expectations that the Federal Reserve will hold interest rates steady at its upcoming meeting, while also increasing the likelihood that rate cuts may be pushed back for the remainder of the year, reports Reuters.Spot gold was down 0.6% at $3,306.57...
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Oil prices steady as mkt weighs up supply risks
LONDON, July 30 (Reuters): Oil prices steadied on Wednesday as investors awaited developments on U.S. President Donald Trump's tighter deadline for Russia to end the war in Ukraine and his tariff threats to countries that trade its oil.The most active Brent crude futures were down 5 cents or about 0.1%,...
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Nippon Steel to supply steel for Vestas wind towers for Europe, Asia and Japan
TOKYO, July 30 (Reuters): Nippon Steel signed a cooperation memorandum with Denmark's wind turbine maker Vestas Wind Systems on Wednesday to supply steel for Vestas' wind towers for European, Asian and Japanese markets, Japan's industry ministry said.The agreement was part of a broader push by Japan's Ministry of Economy, Trade...
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