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Colombia's ISA sees investment of up to $33 bln through 2040, says CEO
BOGOTA, March 13 (Reuters) - Colombian conglomerate ISA ISA.CN expects to invest between $28.4 billion and $33.1 billion through 2040, the company's chief executive said on Thursday. The projected investment will mostly go to power transmission projects, or some 67% of the total, while around a ...Reuters
Thu, Mar 13
Axa XL bolsters UK and Lloyd's with Nevill and Khera appointments
By Michael JonesMarch 13 - (The Insurer) - Axa XL's UK and Lloyd's division has appointed Louise Nevill as specialty CUO and Sundeep Khera as head of marine and energy.In a statement, the company said the appointments were part of a wider restructure of its UK and Lloyd's underwriting op...Reuters
Thu, Mar 13
LME tin jumps after Alphamin temporarily ceases operations at Bisie mine in Congo
LONDON, March 13 (Reuters) - Tin prices jumped to eight-month highs on Thursday after Alphamin Resources said it would temporarily cease operations at its Bisie tin mine in the Democratic Republic of the Congo due to unrest in North Kivu Province.Prices of the soldering metal on the London Metal Exc...Reuters
Thu, Mar 13
Colombia's ISA sees investment of up to $33 bln through 2040, says CEO
BOGOTA, March 13 (Reuters) - Colombian conglomerate ISA expects to invest between $28.4 billion and $33.1 billion through 2040, the company's chief executive said on Thursday. The projected investment will mostly go to power transmission projects, or some 67% of the total, while around a quarter...Reuters
Thu, Mar 13
CERAWEEK-Natural gas key to meeting rising US power demand, FERC chairman says
HOUSTON, March 13 (Reuters) - U.S. Federal Energy Regulatory Commission Chairman Mark Christie said on Thursday that natural gas-fired power will be crucial to meet rising U.S. electricity demand - a situation that requires a big increase in gas pipeline capacity as well as new power plants.Reuters
Thu, Mar 13
Alphamin temporarily halts tin mining in Congo's east as rebels advance
JOHANNESBURG, March 13 (Reuters) - Alphamin Resources AFM.V said Thursday its temporarily halting its tin mine in Democratic Republic of Congo's volatile eastern region as rebels advance toward the operations.The miner said activities at Bisie tin mine in Congo's North Kivu had been halted &...Reuters
Thu, Mar 13
Mexico's Ebrard says gov't engaged in 'intensive' talks with US ahead of tariff deadline
MEXICO CITY, March 13 (Reuters) - Mexico Economy Minister Marcelo Ebrard on Thursday said his government was having intensive talks with the United States over its threats to impose a blanket 25% tariff on goods from its No. 1 trade partner by April 2.The United States has repeatedly pushed back the...Reuters
Thu, Mar 13
Argentina YPF to get rid of offshore exploration projects, CEO says
HOUSTON, March 13 (Reuters) - Argentina's energy company YPF wants to speed up a divestiture plan that includes selling controlling stakes in offshore exploration projects in Argentina and Uruguay, reducing its presence in mature fields and later offering a gas distribution company for sale, chi...Reuters
Thu, Mar 13
U.S. forecaster sees neutral weather conditions persisting through summer
March 13 (Reuters) - La Nina conditions are weakening and a shift to an El Niño-Southern Oscillation (ENSO) neutral weather pattern is expected to develop in April and persist through the Northern Hemisphere summer, a U.S. government weather forecaster said on Thursday. WHY IT'...Reuters
Thu, Mar 13
EXCLUSIVE-Qatar to supply gas to Syria via Jordan with a US nod, sources say
Syria suffers from power shortages, grid damageNew rulers' would-be backers uncertain over sanctions waiverApproval also given for power supply from Jordan, sources sayQatar was major supporter of rebels who fought AssadBy Timour Azhari and Andrew Mills BEIRUT, March 13 (Reuters) - Qatar is ...Reuters
Thu, Mar 13
Spain sees no risk in rising reliance on U.S. liquefied gas
MADRID, March 13 (Reuters) - Spanish Energy Minister Sara Aagesen said on Thursday she did not see any risk in Europe's growing reliance on liquefied natural gas from the United States amid threats by President Donald Trump to escalate a wider global trade war.Imports of U.S. gas have grown subs...Reuters
Thu, Mar 13
France and its partners will not yield to U.S. threats, says French trade minister
PARIS, March 13 (Reuters) - France and its partners, such as the European Union, will not yield to U.S. tariff threats and France will protect its industries, said French trade minister Laurent Saint Martin on Thursday."Donald Trump is launching the escalation in the trade war he chose to start....Reuters
Thu, Mar 13
CBOT Trends-Wheat up 5-7 cents a bushel, corn up 3-5 cents, soy up 10-12 cents
CHICAGO, March 13 (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 Thursday. WHEAT - Up 5 to 7 cents per bushel* Wheat futures rise alongside CBOT corn and soybeans.* U.S. wheat export ...Reuters
Thu, Mar 13
Terabase Energy secures $130 million to expand solar technology deployment
March 13 (Reuters) - Solar technology company Terabase Energy announced on Thursday it has secured a funding of $130 million, led by SoftBank, to scale its technology deployment for large solar projects.The funding round, the largest in the company's history, brings Terabase Energy's total f...Reuters
Thu, Mar 13
US natgas prices hit over one-week low on mild weather ahead of storage report
By Anmol Choubey March 13 (Reuters) - U.S. natural gas futures fell to their lowest level in over a week on Thursday, on near record output and predictions of milder weather over the next two weeks, as investors awaited a federal report expected to show storage withdrawals last week were near nor...Reuters
Thu, Mar 13
U.S. forecaster sees neutral weather conditions persisting through summer
March 13 (Reuters) - El Niño-Southern Oscillation (ENSO) neutral conditions are expected to develop in the next month and persist through the Northern Hemisphere summer, a U.S. government weather forecaster said on Thursday.Reuters
Thu, Mar 13
Trump threatens 200% wine tariff if EU does not relent on whiskey
EU plans counter tariffs on $28 billion in U.S. goodsEU wine exports to the United States worth 4.9 billion eurosEU said it remained open to negotiationsTrump: will target European wine to protect US whiskeyBy Doina Chiacu and Philip Blenkinsop WASHINGTON, March 13 (Reuters) - U.S. President Dona...Reuters
Thu, Mar 13
EU trade chief aims to speak with U.S. counterparts on tariffs, says EU Commission
BRUSSELS, March 13 (Reuters) - EU trade chief Maros Sefcovic aims to speak with his U.S. counterparts after the United States imposed steel and aluminium tariffs and the European Union announced plans to retaliate on Wednesday."Commissioner Sefcovic reached out to his American counterparts immed...Reuters
Thu, Mar 13
COLUMN-Energy executives bask in Trump sun but ignore cheap energy pitfall: Bousso
Trump's administration vows to support U.S. drillersBut low oil prices threaten activityEnergy transition shifts to 'energy additions' amid rising demandBy Ron Bousso HOUSTON, March 13 - Donald Trump's return to the White House caused "animal spirits" to soar in the oil an...Reuters
Thu, Mar 13
