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Venezuela asks US court of appeals to vacate sale order of Citgo's parent
HOUSTON, Jan 13 (Reuters) - Parties representing Venezuela in a court-ordered auction of the parent of Venezuela-owned refiner Citgo Petroleum have requested a U.S. court of appeals to vacate a ruling last month by a Delaware judge that ordered the sale of the shares to an affiliate of Elliott Inves...Reuters
Tue, Jan 13
Kazakhstan's oil output down 35% in January 1-12, source says
Kazakh 2025 output rose to 99.6 mln tons, or 2.06 mln bpd Oil production fell by 660,000 bpd in early JanuaryCPC exports constrained following drone attack MOSCOW, Jan 13 (Reuters) - Oil and gas condensate output in Kazakhstan plunged by 35% on January 1-12 from December's average, a sour...Reuters
Tue, Jan 13
Engie And Ares Partnership Further Expands With Addition Of 730 MW Portfolio Of New U.S. Solar And Wind Assets
Jan 13 (Reuters) - Ares Management Corp ARES.N:ENGIE AND ARES PARTNERSHIP FURTHER EXPANDS WITH ADDITION OF 730 MW PORTFOLIO OF NEW U.S. SOLAR AND WIND ASSETSENGIE NORTH AMERICA : ENGIE WILL RETAIN CONTROLLING SHARE IN PORTFOLIO AND WILL CONTINUE TO OPERATE AND MANAGE ASSETSReuters
Tue, Jan 13
EXCLUSIVE-Venezuela begins reopening wells to recover crude output, sources say
Jan 13 (Reuters) - Venezuela's state oil company has begun reopening some of the wells it and its joint venture partners had shut amid a strict U.S. embargo, as crude exports resume with two shipments departed on Monday, three sources close to operations said.The OPEC country's oil exports h...Reuters
Tue, Jan 13
KazMunayGas says tanker Matilda hit by drone in Black Sea
ALMATY, Jan 13 (Reuters) - KazMunayGas said that the oil tanker Matilda, chartered by one of its subsidiaries, was attacked by a drone on Tuesday ahead of a scheduled loading with Kazakh oil at the Caspian Pipeline Consortium terminal on the Black Sea."The tanker was subjected to a drone attack,...Reuters
Tue, Jan 13
Norway awards 57 drilling permits in offshore oil, gas exploration round
SANDEFJORD, Norway, Jan 13 (Reuters) - Norway on Tuesday awarded stakes in 57 offshore oil and gas exploration licences to 19 companies in its annual licensing round, the country's energy minister told an industry conference.The allocation for mature areas rose from 53 licences awarded one year ...Reuters
Tue, Jan 13
CPC Blend oil loadings resume after storm but January exports 70% behind schedule, sources say
MOSCOW, Jan 13 (Reuters) - The Caspian Pipeline Consortium (CPC) terminal, the key hub for Kazakhstan's oil exports, was open and loading on Tuesday after the 5-day long weather-related suspension, but January exports have already fell 70% behind the schedule, four sources said. The disruption t...Reuters
Tue, Jan 13
UAE trade minister says Trump Iran tariff plan is unclear
ABU DHABI, Jan 13 (Reuters) - The United Arab Emirates' Minister of Foreign Trade Thani Al Zeyoudi said on Tuesday it is unclear how U.S. President Donald Trump's announcement of tariffs on countries trading with Iran will be implemented and whether it will impact food imports.Trump said on ...Reuters
Tue, Jan 13
CPC Blend oil loadings resume after storm but January exports 70% behind schedule, sources say
MOSCOW, Jan 13 (Reuters) - The Caspian Pipeline Consortium (CPC) terminal, the key hub for Kazakhstan's oil exports, was open and loading on Tuesday after the 5-day long weather-related suspension, but January exports have already fell 70% behind the schedule, four sources said.Reuters
Tue, Jan 13
Commerzbank raises 2026 year-end gold forecast to $4,900/oz
Jan 13 (Reuters) - Commerzbank raised its 2026 year-end gold forecast to $4,900 an ounce on Tuesday, citing growing pressure on the Federal Reserve and weakening of the U.S. dollar, and safe-haven demand.The bank also expects silver prices to be $92 per troy ounce in mid-year and $95 per troy ounce ...Reuters
Tue, Jan 13
RPT-BREAKINGVIEWS-BHP can turn M&A exclusion to its advantage
By Antony Currie MELBOURNE, Jan 13 (Reuters Breakingviews) - Mike Henry really wants to cement his tenure atop BHP BHP.AX with a big deal. Yet with multiple media reports suggesting his six years as CEO may come to a close in 2026, he has little to show for it. He has failed twice to bag preferre...Reuters
Tue, Jan 13
Gold consolidates below all-time high as markets await US CPI
Gold (XAU/USD) treads water on Tuesday as the market shifts into wait-and-see mode ahead of the release of US inflation data at 13:30 GMT. At the time of writing, XAU/USD trades around $4,585, consolidating just below Monday’s record peak near $4,630.Fxstreet
Tue, Jan 13
Gold hits new records as safe-haven demand surges – ING
Gold surged to fresh record highs above $4,600 an ounce as geopolitical tensions, fiscal uncertainty, and strong central bank buying fueled demand for safe-haven assets, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Tue, Jan 13
JERA on track for 20% ammonia co-firing at Hekinan coal power plant in FY29
JERA plans 20% ammonia co-firing at Hekinan in fiscal year starting in April 2029Project aimed at reducing carbon emissions JERA partners with CF Industries, Mitsui for ammonia production in LouisianaBy Yuka Obayashi HEKINAN, Japan, Jan 13 (Reuters) - Japan's biggest power generator JERA is o...Reuters
Tue, Jan 13
European Gas prices jump on cold weather and Iran risks – ING
European Natural Gas prices surged, with TTF rising 6.6% to above €30/MWh as colder weather boosted heating demand and unrest in Iran raised concerns over LNG and pipeline supplies, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Tue, Jan 13
Kazakhstan says CPC oil loadings continue via SPM-1
ALMATY, Jan 13 (Reuters) - Kazakhstan energy ministry said on Tuesday that oil loadings at the Russian Black Sea terminal used by the Caspian Pipeline Consortium (CPC) are being carried out via the first single point mooring (SPM-1).Four oil tankers near the terminal were hit by drones on Tuesday, R...Reuters
Tue, Jan 13
Oil: Geopolitics and disruptions fuel Oil rally – ING
Oil prices rallied for a third consecutive day yesterday, with ICE Brent trading close to US$64/bbl. The prompt ICE Brent timepsread has also strengthened through January amid growing supply risks, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Tue, Jan 13
Russia counters Trump's assertion over oil in Venezuela
Trump claims control over Venezuela's oil reserves Roszarubezhneft took over Rosneft's Venezuelan holdings in 2020Roszarubezhneft says it will continue working in Venezuela MOSCOW, Jan 13 (Reuters) - Oil assets that Russia develops in Venezuela belong to Russia, which will continue workin...Reuters
Tue, Jan 13
