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LSE:EME 11 November 2025

EME.L Soars on Duyung PSC Update: Empyrean Energy Jumps 90%+ as Conrad Asia Seeks Farm‑Down Completion (11 November 2025)

EME.L Soars on Duyung PSC Update: Empyrean Energy Jumps 90%+ as Conrad Asia Seeks Farm‑Down Completion (11 November 2025)

Empyrean Energy shares jumped as much as 96% in London on Tuesday after the company flagged a pending operator update at Indonesia’s Mako Gas Field. Trading volumes topped 2.2 billion shares, with Empyrean among the most-traded stocks on Interactive Investor. The surge followed news that operator Conrad Asia Energy halted its ASX-listed shares pending a farm-down announcement at the Duyung PSC, where Empyrean holds 8.5%.
11 November 2025
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Stock Market Today

  • Sugar Prices Fall as India Boosts 2025-26 Production Forecast
    April 3, 2026, 8:16 PM EDT. Sugar prices declined with May NY sugar down 1.5% and May London white sugar down 0.84%, hitting a two-week low in New York. India's National Federation of Cooperative Sugar Factories reported a 9% year-on-year rise in sugar output for Oct-Mar at 27.12 million metric tons (MMT), pressuring prices. Brazil's output also rose slightly by 0.7%. Despite an 11% surge in crude oil prices supporting ethanol and tempering sugar losses, global sugar surplus forecasts from bodies like the International Sugar Organization and traders predict a supply glut. India's sugar production projections were trimmed but remain elevated, with reduced diversion to ethanol boosting export potential. These factors combine to weigh on sugar market prices amid broader supply growth.
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