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Chevron sees pathway to grow Venezuela production by 50%, US energy secretary says
By Kanishka Singh WASHINGTON, Jan 9 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday that Chevron saw a pathway to grow its Venezuela production by 50%, with his comments coming after a meeting that President Donald Trump had with oil companies on the South American nation. C...Reuters
Fri, Jan 9
US Cash Crude-Gulf Coast coastal grades ease as Trump meets with oil executives on Venezuela
HOUSTON, Jan 9 (Reuters) - U.S. Gulf Coast coastal grades eased again on Friday, as U.S. President Donald Trump began a meeting to discuss Venezuela with executives from some of the world's largest oil companies at the White House, saying he wants them to invest $100 billion in the country to va...Reuters
Fri, Jan 9
Exxon studies Venezuela return as Chevron plots immediate production bump
Exxon requires security guarantees before sending team to VenezuelaVenezuela's hydrocarbons law needs reform for investment, Woods saysChevron is preparing for an immediate bump in productionBy Sheila Dang and Jarrett Renshaw Jan 9 (Reuters) - Exxon Mobil XOM.N CEO Darren Woods said on Friday...Reuters
Fri, Jan 9
New York sues Trump administration over pause on two offshore wind projects
By Nichola Groom and Nate Raymond Jan 9 (Reuters) - New York's attorney general sued the Trump administration on Friday for suspending construction on two major offshore wind projects that the state says it needs to power 1 million homes and reduce its reliance on fossil fuels.In two separate...Reuters
Fri, Jan 9
Trump urges US oil giants to repair Venezuela's 'rotting' energy industry
Investors skeptical about Venezuela's political stability and investment costsLargest U.S. oil major Exxon says Venezuela currently uinvestibleChevron, ConocoPhillips cautious about rushing into Venezuela investments, sources sayBy Jarrett Renshaw and Bo Erickson WASHINGTON, Jan 9 (Reuters) -...Reuters
Fri, Jan 9
US EPA rejects Colorado haze plan to retire coal plants early
WASHINGTON, Jan 9 (Reuters) - The U.S. Environmental Protection Agency on Friday rejected Colorado's plan to comply with regional haze regulations by shutting its coal plants, saying the state needs the plants to remain running to maintain reliable power.The agency said Colorado's state impl...Reuters
Fri, Jan 9
LIVESTOCK-CME cattle slide on profit-taking after recent rallies
By Tom Polansek CHICAGO, Jan 9 (Reuters) - Profit-taking dragged down Chicago Mercantile Exchange cattle futures on Friday after the markets jumped to their highest levels since October this week, traders said.Prices climbed recently on expectations that Washington will continue to restrict U.S. ...Reuters
Fri, Jan 9
Electrical equipment maker Forgent Power discloses revenue jump in US IPO paperwork
By Prakhar SrivastavaJan 9 (Reuters) - Electrical equipment maker Forgent Power Solutions reported an 83.9% surge in quarterly revenue in its filing for a U.S. initial public offering on Friday, as more issuers seek to gauge investor interest early this year.IPOs are likely to gain momentum in 2026 ...Reuters
Fri, Jan 9
CIF/FOB Gulf Grain-Soybean basis mixed, China demand lifts spring-shipment values
CHICAGO, Jan 9 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were mixed on Friday following gains earlier in the week, with bids for some early spring loadings supported by strong exporter demand amid new sales to China, traders said.Chinese state stockpiler Sinog...Reuters
Fri, Jan 9
CANADA-CRUDE-Discount on Western Canada Select narrows for first time since Maduro capture
Jan 9 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed on Friday for the first time since the U.S. capture of Venezuelan President Nicolas Maduro.WCS for February delivery in Hardisty, Alberta, settled at $14.80 a barrel belo...Reuters
Fri, Jan 9
US EPA will reassess safety of herbicide paraquat, says its chief
Jan 9 (Reuters) - The U.S. Environmental Protection Agency will reassess the safety of herbicide paraquat, its administrator Lee Zeldin said on Friday on X, adding that the body is requiring manufacturers to thoroughly prove that current uses are safe in real-world conditions. Syngenta, which ...Reuters
Fri, Jan 9
GRAINS-Soybean futures rise on active Chinese buying
By Tom Polansek CHICAGO, Jan 9 (Reuters) - U.S. soybean futures edged higher on Friday on increased Chinese demand for American supplies.Wheat and corn futures finished nearly unchanged as traders adjusted positions in agricultural markets ahead of the release of much-anticipated U.S. Department ...Reuters
Fri, Jan 9
China buys at least 10 cargoes of US soybeans for April-May shipment, traders say
By Karl Plume CHICAGO, Jan 9 (Reuters) - China's state stockpiler Sinograin purchased at least 10 cargoes of U.S. soybeans on Friday, or at least 600,000 metric tons, for shipment in April and May, capping an active week of buying by the world's top importer, three traders with knowledge ...Reuters
Fri, Jan 9
US EPA will reassess safety of herbicide paraquat, says its chief
Jan 9 (Reuters) - The U.S. Environmental Protection Agency will reassess the safety of herbicide paraquat, its administrator Lee Zeldin said on Friday on X, adding that the body is requiring manufacturers to thoroughly prove that current uses are safe in real‑world conditions.Reuters
Fri, Jan 9
Trump's oil strategy for Venezuela leaves Citgo auction in limbo
Citgo auction faces uncertainty amid US strategy shiftVenezuela's opposition has sought to freeze Citgo saleAmber Energy has pushed for Citgo sale completionBy Marianna Parraga HOUSTON, Jan 9 (Reuters) - As U.S. President Donald Trump moves quickly to put together a $100 billion effort to rev...Reuters
Fri, Jan 9
Trafigura to load first ship for Venezuelan oil exports to the US next week, CEO says
NEW YORK, Jan 9 (Reuters) - Trafigura expects to load its first vessel for exports of Venezuelan oil to the United States next week, the commodities trading house's Chief Executive Richard Holtum told U.S. President Donald Trump at the White House on Friday.Reuters first reported on Thursday tha...Reuters
Fri, Jan 9
RPT-US oil firms juggle Venezuela opportunity, investor concern ahead of White House summit
Investors skeptical about Venezuela's political stability and investment costsChevron, ConocoPhillips cautious about rushing into Venezuela investments, sources sayUS plans three-phase process for Venezuela's recovery, Rubio saysBy Sheila Dang and Jarrett Renshaw Jan 9 (Reuters) - U.S. oi...Reuters
Fri, Jan 9
Barclays Reiterates $65/bbl Brent Forecast For 2026
Jan 9 (Reuters) - BARCLAYS: WE REITERATE OUR $65/BBL BRENT FORECAST FOR 2026THE SITUATION IN IRAN HAS INTRODUCED A $3-4/BBL GEOPOLITICAL RISK PREMIUM IN OIL PRICETHE VENEZUELA SITUATION HAS TURNED FROM A POTENTIAL THREAT OF SUPPLY DISRUPTION AMID NAVAL BLOCKADE/QUARANTINE BY THE U.S. TO VARYING DE...Reuters
Fri, Jan 9
Trump urges US oil giants to repair Venezuela's 'rotting' energy industry
Investors skeptical about Venezuela's political stability and investment costsChevron, ConocoPhillips cautious about rushing into Venezuela investments, sources sayBy Jarrett Renshaw and Bo Erickson Jan 9 (Reuters) - U.S. President Donald Trump began a meeting to discuss Venezuela with execut...Reuters
Fri, Jan 9
