News
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BP flags up to $5 billion in low-carbon energy impairments
BP warns weaker oil trading, falling prices will weigh on Q4 earningsDoes not name businesses related to impairments Net debt seen at $22 billion to $23 billion at end of fourth quarterCiti, RBC analysts expect cut to share buyback programmeBy Shadia Nasralla and Stephanie Kelly LONDON, Jan 14 (R...Reuters
Wed, Jan 14
Gold holds near record highs amid economic and geopolitical uncertainties
Gold (XAU/USD) regains a positive footing on Wednesday after a shallow pullback from record highs the previous day, as lingering economic and geopolitical uncertainties continue to underpin safe-haven demand.
Fxstreet
Wed, Jan 14
Kazakhstan urges Europe and US to help secure oil transport after CPC attack
MOSCOW, Jan 14 (Reuters) - Kazakhstan has urged Europe and the U.S. to help secure the transport of oil following drone attacks on tankers heading to a Black Sea terminal, the Central Asian country's foreign ministry said on Wednesday.The ministry said in a statement that it made the request dur...Reuters
Wed, Jan 14
US court to weigh New York project challenge to Trump offshore wind halt
Jan 14 (Reuters) - A U.S. judge on Wednesday will consider whether to allow Norwegian offshore wind developer Equinor to resume construction of the Empire Wind project off the coast of New York as the company sues the Trump administration over its suspension of the industry in federal waters.The hea...Reuters
Wed, Jan 14
Climate activist shareholder group pushes BP, Shell on plans for declining oil demand
Follow This shifts strategy to focus on value if hydrocarbon demand declinesInvestors that back assets worth around 1.5 trillion euros back the resolutionsInvestor support for emissions cuts reached around 20% at BP and 80% at Phillips 66 LONDON, Jan 14 (Reuters) - Climate activist shareholder gr...Reuters
Wed, Jan 14
ANALYSIS-Global grain traders' green pledges face skepticism as deal to protect Brazil's rainforest unravels
Major grains traders quit the Amazon Soy Moratorium New forest pledges lack the same level of transparencyRetailers who demanded 2006 pact have been muted so farBy Manuela Andreoni and Ana Mano SAO PAULO, Jan 14 (Reuters) - Environmental groups are skeptical about whether grain traders that suppl...Reuters
Wed, Jan 14
Where are the main US military bases in the Middle East?
Jan 14 (Reuters) - Following are the significant military bases in the Middle East. Iran has threatened to strike U.S. bases in the region if attacked by Washington, after U.S. President Donald Trump told Iranians to keep protesting and declared "help is on the way". BAHRAIN:...Reuters
Wed, Jan 14
Macron on Greenland: If sovereignty of an ally is affected, knock-on effects would be unprecedented
PARIS, Jan 14 (Reuters) - If the sovereignty of a European country and ally was affected, the knock-on effects would be unprecedented, French President Emmanuel Macron said on Wednesday during a cabinet meeting, referring to the U.S. President Donald Trump's push to take control of the Arctic te...Reuters
Wed, Jan 14
Macron on Greenland: If sovereignty of an ally is affected, knock-on effects would be unprecedented
PARIS, Jan 14 (Reuters) - If the sovereignty of a European country and ally was affected, the knock-on effects would be unprecedented, French President Emmanuel Macron said on Wednesday during a cabinet meeting, referring to the U.S. President Donald Trump's push to take control of the Arctic te...Reuters
Wed, Jan 14
Russia says talk of a ceasefire, rather than a full peace deal, in Ukraine is simply not serious
MOSCOW, Jan 14 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Wednesday that Russia was open for peace talks on Ukraine but that talk of a ceasefire ahead of a full peace deal was simply not serious. Asked about a Bloomberg report that White House envoy Steve Witkoff and U.S. President D...Reuters
Wed, Jan 14
RPT-ROI-Win or lose, Trump’s fossil fuel gamble crowns China the clean-energy king: Bousso
By Ron Bousso LONDON, Jan 14 (Reuters) - President Donald Trump’s bid to ignite American industry with cheap oil and gas is a high‑stakes gamble that, win or lose, will leave China the world’s leading low‑carbon technology powerhouse.These opposing energy strategies reflect deep geopolitical divi...Reuters
Wed, Jan 14
Canadian Natural in talks to buy Tourmaline's natgas portfolio, Globe and Mail reports
Jan 14 (Reuters) - Canadian Natural Resources CNQ.TO is in talks to buy a $1-billion-plus portfolio of natural gas properties from Tourmaline Oil Corp TOU.TO, Globe and Mail reported on Wednesday, citing two sources familiar with the negotiations.Competition Bureau Canada's website indicates tha...Reuters
Wed, Jan 14
Economic confrontation replaces armed conflict as top risk in WEF survey
LONDON, Jan 14 (Reuters) - Economic confrontation between nations and its consequences topped the World Economic Forum's (WEF) annual risks perception survey released on Wednesday, replacing armed conflict as the number one concern of 1,300-plus experts surveyed worldwide.The survey also showed ...Reuters
Wed, Jan 14
Oil hits multi‑week highs on Iran unrest and supply fears – OCBC
Oil prices climbed sharply, with Brent rising toward multi‑week highs near the mid‑$60s as escalating unrest in Iran and the threat of U.S. tariffs on countries trading with Tehran boosted supply disruption fears and added a geopolitical risk premium to crude markets, OCBC's FX analysts Sim Moh SionFxstreet
Wed, Jan 14
Commonwealth LNG secures 20-year US approval for non-FTA exports (Jan 9)
Jan 9 (Reuters) - U.S.-based Commonwealth LNG has received a 20-year authorization from the Department of Energy to export liquefied natural gas from its proposed Louisiana facility to countries without free trade agreements with the United States.The company has also received an approval for a peri...Reuters
Wed, Jan 14
Shell and Exxon's UK gas asset sale to Viaro Energy collapses
LONDON, Jan 14 (Reuters) - Shell SHEL.L and Exxon Mobil XOM.N have halted a planned sale of natural gas assets in Britain's Southern North Sea to British oil producer Viaro Energy, Shell said in a statement on Wednesday. Commercial and market conditions evolved and conditions needed to complete ...Reuters
Wed, Jan 14
