News
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NextDecade to supply LNG to Aramco from Rio Grande project
April 8 (Reuters) - U.S. liquefied natural gas (LNG) provider NextDecade NEXT.O said on Tuesday it had signed an agreement with Saudi Aramco 2223.SE to supply 1.2 million tonnes per annum (MTPA) of LNG from Train 4 at the Rio Grande LNG Facility for 20 years.Reuters
Tue, Apr 8
Indonesia announces trade concessions for US ahead of talks
Indonesia to buy U.S. LPG, LNG, soybeans Will lower duties on U.S. steel, mining products, health equipmentDelegation to travel to U.S. on Apr. 17 for talksPresident calls for relaxing import rules By Stefanno Sulaiman and Ananda Teresia JAKARTA, April 8 (Reuters) - Indonesia announced a raft of ...Reuters
Tue, Apr 8
RPT-COLUMN-Iron ore, coking coal hold up amid tariff chaos, but for how long?: Russell
By Clyde Russell LAUNCESTON, Australia, April 8 (Reuters) - Iron ore is probably the commodity most exposed to China and while the price of the steel raw material has eased, it has held up better than other major commodities like crude oil and copper in the wake of U.S. President Donald Trump'...Reuters
Tue, Apr 8
Ukrnafta to produce gas at Olesska field in western Ukraine
KYIV, April 8 (Reuters) - Ukrainian oil company Ukrnafta will produce gas at the Olesska field in the west of the country, the government said on Tuesday of a site that previously drew interest from U.S. oil major Chevron CVX.N.State-run Naftogaz owns 50% plus one share in Ukrnafta, which holds 86 p...Reuters
Tue, Apr 8
GRAINS-Chicago soybeans recover as tariff frenzy subsides
By Gus Trompiz and Ella Cao PARIS/BEIJING, April 8 (Reuters) - Chicago soybean futures rose on Tuesday to move away from a four-month low, tracking a wider recovery in financial markets as investors assessed the chances for negotiations to avert U.S.-led tariffs.Corn and wheat, less affected than...Reuters
Tue, Apr 8
Generac's new line of generators targets growing data center demand
April 8 (Reuters) - Power equipment maker Generac Holdings GNRC.N said on Tuesday that it was launching new generators with its biggest capacity offering till date in North America, designed for data centers as the company sees rising demand from the segment.The expected build-out of the centers has...Reuters
Tue, Apr 8
EU says all instruments are on the table to avoid trade war, including LNG
BRUSSELS, April 8 (Reuters) - The European Union has many instruments on the table to avoid a trade war with United States, including a rise in U.S. LNG imports, a EU spokesperson said on Tuesday."We are absolutely ready to discuss and negotiate with the U.S. on energy," she said.Reuters
Tue, Apr 8
China boosts Indian rapeseed meal purchases after tariff on Canadian imports
India's rapeseed meal exports ease local price pressureChina imposed 100% tariff on Canadian rapeseed importsIndia could increase exports to 2.5 million tons, says SEA's MehtaBy Rajendra Jadhav MUMBAI, April 8 (Reuters) - China has bought 52,000 tons of Indian rapeseed meal in the past th...Reuters
Tue, Apr 8
Trump to sign executive orders to boost coal industry, sources say
WASHINGTON, April 8 (Reuters) - U.S. President Donald Trump will sign executive orders on Tuesday aimed at boosting the nation's coal industry, sources familiar with the matter told Reuters.Trump, who campaigned on a promise to increase U.S. energy production and has sought to roll back a wide r...Reuters
Tue, Apr 8
FACTBOX-How Germany is building up LNG import terminals
April 8 (Reuters) - Germany has looked to liquefied natural gas (LNG) imports to replace piped Russian gas since Moscow's invasion of Ukraine in 2022.Its first move has been to deploy floating storage regasification units (FSRUs) to receive seaborne LNG, while longer term it plans shore-based re...Reuters
Tue, Apr 8
SNB paper urges caution on interpreting Swiss foreign trade data due to gold demand
Switzerland hit by bigger US tariffs than the EU, UKSNB note says demand for safe haven assets lifts gold exportsSwitzerland is home to substantial gold refining capacity ZURICH, April 8 (Reuters) - A Swiss National Bank paper on Tuesday urged caution in interpreting Switzerland's foreign tra...Reuters
Tue, Apr 8
Barrick's Reko Diq project in Pakistan aims new financing
By Ariba Shahid KARACHI, April 8 (Reuters) - Barrick Gold's ABX.TO Reko Diq copper and gold project in Pakistan intends to lock in upwards of $2 billion in financing from international lenders, with term sheets signed by early Q3, its project director for the mine told Reuters on Tuesday. The...Reuters
Tue, Apr 8
ANALYSIS-Limited options push China into trade 'war of attrition' with Trump
World-wide tariffs push China into a corner on tradeCurrency moves and subsidies come with large trade-offsHard to boost trade around U.S. while global economy takes a hitU.S.-China showdown seems inevitable - analystsTrade war hinges on who can bear most pain - analystsBy Laurie Chen, Kevin Yao and...Reuters
Tue, Apr 8
Indonesia should be flexible with its rules on locally produced content, president says
JAKARTA, April 8 (Reuters) - Indonesia President Prabowo Subianto said on Tuesday his country should be flexible about its rules on the amount of locally produced components in products assembled domestically, calling those regulations uncompetitive.Prabowo said that the local content rules should b...Reuters
Tue, Apr 8
Eni to continue to produce gas in Venezuela while talking with US over oil
RAVENNA, Italy, April 8 (Reuters) - Eni ENI.MI will continue to produce gas in Venezuela while engaging with the U.S. administration over a waiver to export oil from the Latin American country as payment for gas, the CEO of the Italian energy group said on Tuesday. Eni has been producing gas in Ve...Reuters
Tue, Apr 8
CORRECTED-EUROPE GAS-Prices rangebound as market weighs tariff impacts
LONDON, April 8 (Reuters) - Dutch and British gas prices rebounded slightly on Tuesday morning and are expected to move sideways as the market assesses the impact of U.S. tariffs on energy amid fears slow global growth could impact demand.The benchmark Dutch front-month contract TRNLTTFMc1 was up 0....Reuters
Tue, Apr 8
