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New north-south German power line seen in mid-2027
FRANKFURT, April 15 (Reuters) - Germany's energy grid regulator said that a new 300 kilometre power transmission line is expected to go into operation in mid-2027, having received approval on Tuesday as the authority seeks to support the transportation of low-carbon electricity to consumers."...Reuters
Tue, Apr 15
Indonesia to propose lifting U.S. oil, LPG imports by around $10 billion
JAKARTA, April 15 (Reuters) - Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy minister Bahlil Lahadalia told local media on Tuesday.Indonesian officials are set to leave for...Reuters
Tue, Apr 15
TotalEnergies flags higher production, gas sales ahead of Q1 results
Hydrocarbon production up 4% vs a year agoEuropean refining margins down 59% vs a year agoPower results $450-$500 million in first quarterWorking capital to increase by $4-$5 billionBy Alban Kacher and America Hernandez April 15 (Reuters) - TotalEnergies TTEF.PA boosted production and benefit...Reuters
Tue, Apr 15
Russia accuses Ukraine of violating U.S.-brokered energy strikes pause six times in past 24 hours
MOSCOW, April 15 (Reuters) - Russia's Defence Ministry on Tuesday accused Ukraine of carrying out six strikes against Russian energy infrastructure in the last 24 hours in violation of a U.S.-brokered moratorium on such attacks.Reuters could not verify the battlefield reports.Russia and Ukraine ...Reuters
Tue, Apr 15
Microsoft signs large carbon removal deal backing AtmosClear's Louisiana project
Microsoft aims to be carbon negative by 2030AtmosClear project uses bioenergy carbon capture and storageFuture of US carbon removal incentives uncertain under Trump administrationBy Valerie Volcovici WASHINGTON, April 15 (Reuters) - Microsoft MSFT.O said on Tuesday it signed a contract for a proj...Reuters
Tue, Apr 15
Trump trade war dries up sorghum sales to China but US farmers plan to plant more
US sorghum exports to China drop 95% in early 2025US sorghum plantings to rise 4% in 2025 to a two-year highFarmers face lower prices, high inventories due to trade warSome farmers switch to corn; others hope for aid or new marketsBy Tom Polansek CHICAGO, April 15 (Reuters) - U.S. President Donal...Reuters
Tue, Apr 15
OPEC lowers demand estimates – ING
Oil prices rose marginally higher yesterday despite OPEC trimming demand estimates. ICE Brent settled just below US$65/bbl. The market is digesting fast-moving policy developments on the tariff front, while balancing them with nuclear talks between the US and Iran.Fxstreet
Tue, Apr 15
Pakistan mulls US oil imports to ease trade imbalance, sources say
Pakistan mulling U.S. crude purchases to address tariffs Pakistan faces 29% tariffs under Trump policiesCrude purchase would reduce trade imbalance with U.S.By Ariba Shahid KARACHI, April 15 (Reuters) - Pakistan is considering importing crude oil from the United States for the first time to offse...Reuters
Tue, Apr 15
South Korean officials considering Alaska trip for gas project talks
SEOUL, April 15 (Reuters) - South Korean industry ministry officials are considering travelling soon to Alaska as part of working-level negotiations between the United States and South Korea over Alaska's gas project, the ministry said on Tuesday. If South Korea is able to win concessions from W...Reuters
Tue, Apr 15
COLUMN-British Steel seizure makes North Sea extension a no-brainer: Bousso
British Steel's likely nationalisation highlights resource security needsGovernments weighing ban on new oil and gas licencesBritain can maintain North Sea production for longerBy Ron Bousso LONDON, April 15 - The UK government's seizure of British Steel from Chinese company Jingye on nat...Reuters
Tue, Apr 15
EUROPE GAS-Prices slightly down on healthy Norwegian and LNG supply
LONDON, April 15 (Reuters) - Dutch and British gas prices were slightly lower on Tuesday morning amid warm temperatures and strong supply from Norway and liquefied natural gas (LNG), while market players continued to monitor any developments on tariffs and talks to end the war in Ukraine.The benchma...Reuters
Tue, Apr 15
Polish companies to earn $14 bln from building first nuclear plant, PM says
WARSAW, April 15 (Reuters) - Polish companies must receive 53 billion zlotys ($14.05 billion)from the value of building Poland's first nuclear plant, Prime Minister Donald Tusk said after calling for "repolonisation" of the Polish economy. Poland is working to reduce its reliance on coal...Reuters
Tue, Apr 15
Russia's oil and fuel export revenue down 21% in March y/y, IEA says
MOSCOW, April 15 (Reuters) - Russia's revenue from sales of crude oil and oil products in March declined by 21% from a year earlier to $14.29 billion as oil prices fell, the International Energy Agency said on Tuesday.It also said Russian oil exports dropped by 390,000 barrels per day (bpd) from...Reuters
Tue, Apr 15
Nat cat losses loom over global renewables insurance market: GCube
By Rebecca DelaneyApril 14 - (The Insurer) - Increasing natural catastrophe risk is threatening the long-term sustainability of the global renewables insurance sector, with extreme weather events more frequently affecting assets located outside the U.S., the latest report by renewables underwriter G...Reuters
Tue, Apr 15
PRECIOUS-Gold gains as markets grapple with US tariff uncertainty
Gold's upward trend remains intact, says analystFed's Bostic says US central bank should stay on hold until there is clarity on tariffsBullion hit record high in the last session By Rahul Paswan and Anushree Mukherjee April 15 (Reuters) - Gold prices rose on Tuesday amid continued uncerta...Reuters
Tue, Apr 15
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $61.28 per barrel, up from Monday’s close at $61.13. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $64.50 price posted on Monday, and trading at $64.75.Fxstreet
Tue, Apr 15
