News
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Russia and China have 'grandiose plans' for space cooperation, Putin says
MOSCOW, April 16 (Reuters) - Russia and China have ambitious plans for space cooperation, Russian President Vladimir Putin said on Wednesday, as reported by the Interfax news agency.According to Putin, many countries are interested in collaborating with Russia, and Moscow remains committed to its pl...Reuters
Wed, Apr 16
US distillate fuel stocks fell to lowest since November 2023 last week, EIA says
NEW YORK, April 16 (Reuters) - U.S. distillate fuel oil stocks fell last week to 109.23 million barrels, the lowest since November 2023, data from the U.S. Energy Information Administration showed on Wednesday.Distillate fuel inventories, which include diesel and heating oil, fell by 1.85 million ba...Reuters
Wed, Apr 16
EU wheat rises from lows on fresh export demand
PARIS/HAMBURG, April 16 - European wheat bounced from contract lows on Wednesday, supported by fresh international demand but a new rise of the euro against the dollar kept a lid on prices.Benchmark May milling wheat BL2K5 on Paris-based Euronext, was up 0.2% by 1440 GMT to 210.75 euros a metric ton...Reuters
Wed, Apr 16
Aging US power grid faces new pressure from AI, says Adaptive Insurance CEO Gulla
By Mia MacGregorApril 15 - (The Insurer) - The growing demand for electricity, driven by artificial intelligence, data storage and population shifts, is putting new pressure on the already aging U.S. power grid, according to Mike Gulla, founder and CEO of climate-focused parametric startup Adaptive ...Reuters
Wed, Apr 16
Spotify down for thousands of users globally, Downdetector shows
April 16 (Reuters) - Music streaming platform Spotify's SPOT.N services were down for thousands of users worldwide on Wednesday, according to Downdetector.com.There were more than 47,000 incidents of people reporting issues with Spotify as of 9:32 a.m. ET, the outage tracking website showed.The ...Reuters
Wed, Apr 16
US Army Corps grants emergency status for Enbridge Line 5 tunnel
By Valerie VolcoviciWASHINGTON, April 16 (Reuters) - The U.S. Army Corps of Engineers on Wednesday granted Enbridge's proposed tunnel for its Line 5 pipeline national energy emergency status, fast-tracking a key federal permitting process.President Donald Trump had ordered the Army Corps to issu...Reuters
Wed, Apr 16
BREAKINGVIEWS-‘Solar in space’ crowns white elephant energy boom
By Robert Cyran NEW YORK, April 16 (Reuters Breakingviews) - A white elephant is a beautiful gift that proves financially ruinous for whoever owns it. For utilities, the idea of sending satellites into space to generate solar power might qualify. Yet a new generation of startups and investors is ...Reuters
Wed, Apr 16
Ukraine accuses Russia of attacking its energy infrastructure 30 times since March
Ukraine says the attacks came despite ceasefire pactBoth sides allege violations of U.S.-brokered energy truceFighting persists along 1,000 km frontline KYIV, April 16 (Reuters) - Ukraine accused Russia on Wednesday of carrying out more than 30 attacks on its energy infrastructure since the two s...Reuters
Wed, Apr 16
US natgas prices slide 2% to 10-week low on near-record output
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 4% below five-year averageBy Scott DiSavino April 16 (Reuters) - U.S. natural gas futures slid 2% to a 10-week low on near-record output and a decline in daily fl...Reuters
Wed, Apr 16
U.S. nuclear talks with Iran on Saturday moved to Rome from Oman, source says
WASHINGTON, April 16 (Reuters) - A second round of nuclear talks between the United States and Iran, scheduled for Saturday, will take place in Rome rather than Oman's Muscat, according to a source familiar with the matter.The venue of the upcoming talks has now shifted twice - from Rome to Musc...Reuters
Wed, Apr 16
CBOT Trends-Wheat up 5-8 cents, corn up 2-4 cents, soy up 1-3 cents
CHICAGO, April 16 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday.WHEAT - Up 5 to 8 cents* A weak dollar helps to support grain prices, as it makes U.S. farm goods more attractive t...Reuters
Wed, Apr 16
Hrl Laboratories Co, Boeing Completed Construction & Technical Validation On A Quantum Communication Subassembly For Boeing's Q4s Satellite Mission
April 16 (Reuters) - Boeing Co BA.N:HRL LABORATORIES: CO, BOEING COMPLETED CONSTRUCTION & TECHNICAL VALIDATION ON A QUANTUM COMMUNICATION SUBASSEMBLY FOR BOEING'S Q4S SATELLITE MISSIONReuters
Wed, Apr 16
Valero books $1.1 bln impairment hit, may idle Benicia refinery
April 16 (Reuters) - Valero VLO.N said it has recorded a $1.1 billion pre-tax impairment related to its California refineries and notified state regulators of its intent to idle, restructure, or cease operations at its Benicia refinery by the end of April 2026.The move comes as refiners face growing...Reuters
Wed, Apr 16
Putin and Qatar's emir to discuss Ukraine and energy
Putin and Qatar's emir to meet in MoscowTo discuss Ukraine, Syria, Gaza and energy Qatar has tried to mediate for peace in Ukraine By Guy Faulconbridge and Anastasia Lyrchikova MOSCOW, April 16 (Reuters) - Russian President Vladimir Putin and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani w...Reuters
Wed, Apr 16
South Bow restarts Keystone pipeline after safety administration approval
April 16 (Reuters) - South Bow SOBO.TO has restarted the Keystone pipeline system at a reduced operating pressure after approval from the Pipeline and Hazardous Materials Safety Administration (PHMSA), it said on Wednesday.The 4,327 km (2,689 mile) Keystone pipeline, a major conduit for crude oil su...Reuters
Wed, Apr 16
U.S. nuclear power plant outages
April 16 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
Wed, Apr 16
Valero Energy evaluating alternatives for Benicia refinery operations
April 16 (Reuters) - Valero Energy VLO.N said on Wednesday it has notified the California Energy Commission of its intention to idle, restructure or cease refining operations at Benicia refinery by the end of April 2026.Reuters
Wed, Apr 16
GRAINS-Soybeans below seven-week highs on ample South American supply, tariffs
CANBERRA/PARIS, April 16 (Reuters) - Chicago soybean futures were nearly flat on Wednesday but down from Monday's seven-week highs in response to strong supply from South America plus the impact of tariffs on Chinese demand for U.S. beans. Corn and wheat futures rose, supported by a renewed weak...Reuters
Wed, Apr 16
