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No way to restart Zaporizhzhia nuclear plant at present, IAEA chief says
By Max Hunder KYIV, June 3 (Reuters) - The idled Russian-occupied Zaporizhzhia nuclear plant in Ukraine is not in a condition to be restarted at present, due to a lack of water for cooling and the absence of a stable power supply, the head of the UN's nuclear safety watchdog said on Tuesday.W...Reuters
Tue, Jun 3
Power restored to 700,000 residents in Russian-held Ukraine after Ukrainian strikes
Ukrainian shelling, drone strikes knock out substationsAttack one of largest of its kind on Russian-held territoryZaporizhzhia nuclear plant reported to be under control MOSCOW, June 3 (Reuters) - Emergency crews restored power on Tuesday to at least 700,000 residents across a swathe of southern...Reuters
Tue, Jun 3
Glenfarne announces over $115 billion strategic partner interest for Alaska LNG project
June 3 (Reuters) - Glenfarne said on Tuesday that its unit, Glenfarne Alaska LNG, has completed the first round of its strategic partner selection process with over 50 companies who have formally expressed interest for over $115 billion of contract value for the Alaska LNG project.Reuters
Tue, Jun 3
Trump to sign order doubling metals tariffs, White House says
WASHINGTON, June 3 (Reuters) - U.S. President Donald Trump will sign an executive order on Tuesday making official his vow to double tariffs on steel and aluminum, White House spokeswoman Karoline Leavitt told reporters in a briefing. Trump on Friday announced that he would increase tariffs on t...Reuters
Tue, Jun 3
Glenfarne Announces Over $115 Billion Of Strategic Partner Interest For Alaska LNG
June 3 (Reuters) - GLENFARNE:GLENFARNE ANNOUNCES OVER $115 BILLION OF STRATEGIC PARTNER INTEREST FOR ALASKA LNGGLENFARNE: EXPECTS FINAL INVESTMENT DECISION ON DOMESTIC PORTION OF ALASKA LNG PIPELINE IN LATE Q4 2025Reuters
Tue, Jun 3
Gold Reserve affiliate submits bid in Citgo parent's auction
Dalinar Energy's bid is supported by Rusoro Mining, KochOffer combines equity and debt financing is supported by lending consortiumBesides Contrarian Funds and Gold Reserve, Vitol also competed during starting bid phaseBy Marianna Parraga HOUSTON, June 3 (Reuters) - An affiliate of miner Gold...Reuters
Tue, Jun 3
White House says it's monitoring China's compliance with trade deal
WASHINGTON, June 3 (Reuters) - The White House said on Tuesday that it is actively monitoring China's compliance with last month's tariff agreement, in response to questions on how it is handling Beijing's curbs on rare earth minerals.White House spokeswoman Karoline Leavitt also reitera...Reuters
Tue, Jun 3
WTI Crude Oil extends gains as Canada wildfires, geopolitical tensions, and a broadly weaker US Dollar support prices
West Texas Intermediate (WTI) Crude Oil prices continue their upward trajectory on Tuesday, marking the second day of gains. At the time of writing, WTI is hovering near Monday's high, trading around $63.06 per barrel, reflecting a nearly 2% increase on the day.
Fxstreet
Tue, Jun 3
Carey International Increased Energy-Asset Specific Construction Financial Commitments To $870 Mln
June 3 (Reuters) - Carey International Group:CAREY INTERNATIONAL GROUP: INCREASED SIZE OF ENERGY-ASSET SPECIFIC CONSTRUCTION FINANCIAL COMMITMENTS TO $870 MILLIONCAREY INTERNATIONAL GROUP: CO & SYMX ENERGY ANNOUNCE START OF CONSTRUCTION OF CIG'S UTILITY-SCALE SOLAR PORTFOLIOReuters
Tue, Jun 3
White House: Disaster agency FEMA takes hurricane season seriously
WASHINGTON, June 3 (Reuters) - The White House said on Tuesday that the Federal Emergency Management Agency is taking severe storms seriously, following a Reuters report that the head of the agency said he was not aware of hurricane season."We know that we are into hurricane season now, and I kn...Reuters
Tue, Jun 3
Venture Global shares rise after it announces site work at CP2
June 3 (Reuters) - Venture Global Inc's VG.N shares rose almost 20% on Tuesday after the Louisiana-based LNG producer said it had begun construction on its proposed CP2 plant in the state after getting federal approval to proceed. At 20 million metric tonnes per annum, CP2 will be the single ...Reuters
Tue, Jun 3
US Plains HRW Wheat-Basis bids flat as winter wheat harvest starts
CHICAGO, June 3 (Reuters) - Spot basis bids for hard red winter (HRW) wheat held steady in the U.S. Plains on Tuesday as the winter wheat harvest began in the south of the country. The U.S. Department of Agriculture released its first harvest predictions of the year for the winter wheat crop, which ...Reuters
Tue, Jun 3
Exxon-led consortium's 2024 profit in Guyana rose 64% to $10.4 billion
Guyana accounted for $4.7 bln of Exxon's total 2024 earnings of $33.5 blnProfit up at $3.1 bln for Hess, $2.5 bln for CNOOC in GuyanaConsortium reached gross oil output of 652,000 bpd in Q4By Kemol King GEORGETOWN, June 3 (Reuters) - An oil-producing consortium in Guyana comprising Exxon ...Reuters
Tue, Jun 3
FACTBOX-How Canada's wildfires are affecting oil supply
CALGARY, Alberta, June 3 (Reuters) - Wildfires burning in Canada's oil-producing province of Alberta have reduced the country's daily crude production by about 7%. Here is a tally of affected oil production sites so far: CENOVUS ENERGY - CHRISTINA LAKE SITE: Oil sands producer Cenovus CV...Reuters
Tue, Jun 3
Shell greenlights Aphrodite gas project offshore Trinidad
June 3 (Reuters) - Energy producer Shell SHEL.L has made a positive final investment decision on its Aphrodite gas project offshore Trinidad and Tobago, the company said on Tuesday.The project is expected to produce first gas in 2027 and have a peak production of 18,400 barrels of oil equivalent per...Reuters
Tue, Jun 3
Britain has 12 days to save bioethanol industry, says AB Foods
Industry warns last month's UK-US trade deal will hit operationsSeeks short-term financial aid of up to 150 million pounds Says thousands of jobs at stake By James Davey LONDON, June 3 (Reuters) - One of Britain's biggest bioethanol producers warned the government on Tuesday that unless i...Reuters
Tue, Jun 3
METALS-Copper steadies amid tariff uncertainty
By Polina Devitt LONDON, June 3 (Reuters) - Copper prices steadied on Tuesday as uncertainty about U.S. tariffs policy kept the premium of U.S. copper futures against the London benchmark high, offsetting weaker-than-expected factory activity in top metals consumer China.Benchmark three-month cop...Reuters
Tue, Jun 3
Gold Reserve affiliate submits bid in Citgo parent's auction
HOUSTON, June 3 (Reuters) - An affiliate of miner Gold Reserve GRZ.V has submitted a bid during the topping period of a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, the company said on Tuesday.Following the court's selection of a $3.7 billion offer ...Reuters
Tue, Jun 3
EU wheat hovers near lows with Ukraine and crop conditions in focus
PARIS, June 3 (Reuters) - European wheat futures ended down slightly on Tuesday to remain near contract lows as traders assessed further Ukrainian strikes on Russian targets, as well as improved U.S. crop ratings that underscored favourable global supply prospects.September milling wheat BL2U5, the ...Reuters
Tue, Jun 3
