Miner Rio Tinto Ltd said on Tuesday it will form an Indigenous advisory group to identify gaps in current protocols for managing Indigenous culture in Australia, nearly a year after destruction of an important heritage site for a mine.

Representatives from the oil and gas industry and national climate adviser Gina McCarthy struck a cooperative tone following a meeting on Monday where the two sides discussed how companies can align with the Biden administration's ambitious climate goals.

Oil steadied on Monday as hopes for a pick-up in demand later this year helped arrest last week's broad sell-off, but prices stayed under pressure as new European coronavirus lockdowns made a quick recovery look less likely.

U.S. oil and gas producer California Resources said on Monday it had appointed interim chief executive officer Mark McFarland as the head, effective immediately.

The private equity arm of Oklahoma oil and gas tycoon George Kaiser said it had acquired some oilfield services assets of Pioneer Natural Resources, setting up a shale patch rivalry with billionaire Dan Wilks in the top U.S. shale field.

U.S. liquefied natural gas (LNG) developer Annova LNG said on Monday that it has stopped development of its proposed LNG export plant in Brownsville in Texas.

Russia may remove its tax for imports of up to 350,000 tonnes of white sugar between May 15 and Aug. 31, the government said in a statement on Monday.

The European Union plans to label some gas power plants as sustainable investments, a draft document seen by Reuters showed, after an initial proposal to deny them a green label faced a backlash from some member states.

Trading firm Coral Energy will replace Proton Energy as offtaker of Russian oil giant Rosneft's diesel and LPG for supplies to Ukraine after the Swiss-based group decided to terminate the shipments from April 1, three industry sources said on Monday.

BP Chief Executive Bernard Looney's remuneration was 1.735 million pounds ($2.4 million) in 2020 after it scrapped all bonuses during his first year in office due to the pandemic, the energy group said in its annual report.

Petroleos Mexicanos (Pemex) would consider having a consortium headed by U.S. company Talos Energy operate a shared oil field in southern Mexico, the chief executive officer of the Mexican state oil firm said.

Russian metals producer Nornickel said on Monday it has shut down a metallurgical processing facility in Russia's border region with Norway and Finland which had been the area's main source of sulphur dioxide emissions.

A director of commodity trader Envy Global Trading Pte Ltd and Envy Asset Management Pte Ltd, Ng Yu Zhi, has been charged in a Singapore court in relation to an alleged fraud involving nickel trading, the police said on Monday.

Future liquefied natural gas (LNG) projects in Russia would be competitive at $3.7-$7 per 1 million British thermal units (BTU), based on the country's state LNG development plan.

Funds have slashed their collective bullish bets on higher copper prices as the sizzling rally shows signs of stalling.

The world's biggest carbon-emitting companies are far from aligning with the Paris Climate Agreement, a report by the leading climate-focused investor group showed on Monday.

Saudi Aramco's chief executive said on Monday the state-controlled energy company was optimistic about the oil market and bullish about demand recovery.

Saudi Aramco will ensure China's energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum on Sunday.

Hedge fund positioning in oil had become directionless in the run up to last week's sell off, after a four-month rally since the first successful COVID-19 vaccines were announced at the start of November.

Saudi oil giant Aramco's debt-to-equity ratio more than doubled to 55% in 2020 from a year before, it said in a report, after the group kept a pledge to deliver a $75 billion dividend to support state coffers despite a slide in profits.