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CERAWEEK-US can slash 20-30% of regulation to boost energy, Interior Secretary says
HOUSTON, March 12 (Reuters) - Interior Secretary Doug Burgum said on Wednesday that the United States could cut 20% to 30% of its regulations as it seeks to remove obstacles to more energy and mining projects.Cutting red tape and streamlining permitting for projects is a major focus of the administr...Reuters
Wed, Mar 12
INSIGHT-Accidents at giant Simandou iron ore project kill more than a dozen workers, prompting inquiry
13 worker deaths reported at Simandou since June 2023, sources and documents saySome safety guidelines not implemented, according to sources and accident reports Project prioritizes schedule over safety, some sources sayGuinea is investigating safety issues at the mine, minister saysChinese consorti...Reuters
Wed, Mar 12
US natural gas prices fall more than 8% on record output, milder weather outlook
Record production levels contribute to price dropMilder weather predicted for next two weeksCanadian gas exports to US decline post-tariffsBy Anmol Choubey March 12 (Reuters) - U.S. natural gas futures fell more than 8% on Wednesday, driven by record production levels and predictions of milder we...Reuters
Wed, Mar 12
Oil up 2% on tighter US supplies but tariff concerns loom
Brent, WTI rise 2%US crude stocks rise, fuel inventories fall, EIA saysDollar struggles as global trade tensions ramp upCooling inflation offers temporary reliefOPEC sticks to global oil demand forecastsBy Stephanie Kelly and Arunima Kumar NEW YORK, March 12 (Reuters) - Oil prices rose 2% on Wedn...Reuters
Wed, Mar 12
CERAWEEK-Canada could restrict its oil exports to US if Trump trade war escalates
Canada may impose non-tariff measures on oil exports to USCanada considers tariffs on US ethanol amid trade tensionsCanadian Energy Minister says everything is on the tableBy Jarrett Renshaw and Arathy Somasekhar HOUSTON, March 11 (Reuters) - Canada could impose non-tariff measures such as restri...Reuters
Wed, Mar 12
CERAWEEK-Argentina sticking with single LNG import terminal this winter, Excelerate exec says
By Marianna Parraga HOUSTON, March 12 (Reuters) - Argentina has not requested an additional floating regasification plant from Excelerate Energy EE.N for the winter to come, a company executive said, as the South American country plans lower imports of liquefied natural gas this year.Derek Wong, ...Reuters
Wed, Mar 12
GRAINS-Chicago grains and soybeans extend losses as trade fights roil
U.S. and EU trade battle raise questions over U.S. exportsCanada said it's prepared to announce wave of retaliatory tariffsUSDA kept domestic corn inventories unchanged, surprising marketBy P.J. Huffstutter CHICAGO, March 12 (Reuters) - Chicago Board of Trade grain and oilseeds extended losse...Reuters
Wed, Mar 12
CBOT wheat closes lower on global supplies, trade tariff worries
CHICAGO, March 12 (Reuters) - Chicago Board of Trade soft red winter wheat futures extended losses on Wednesday after a government crop report showed bigger global wheat supplies than expected, while the latest U.S. tariffs and European counter-measures fueled concerns about trade disruption, trader...Reuters
Wed, Mar 12
CBOT soybeans fall for a fourth straight session on trade fight worries
CHICAGO, March 12 (Reuters) - Chicago Board of Trade soybean futures ended lower for a fourth consecutive session on Wednesday, as Canada and the EU announced retaliatory tariffs on the U.S., traders said.Traders said there was concern about the potential impact on U.S. corn and soybean exports to t...Reuters
Wed, Mar 12
CBOT corn ends lower for second session, dips to one-week low
CHICAGO, March 12 (Reuters) - Chicago Board of Trade corn futures extended losses on Wednesday after a government crop report showed more U.S. corn inventories than expected, while the latest U.S. tariffs and European counter-measures fueled concerns about trade disruption, traders said.CBOT May cor...Reuters
Wed, Mar 12
Canadian farmers to boost wheat and cut canola, Statistics Canada says
By Ed White WINNIPEG, Manitoba, March 12 (Reuters) - Canadian farmers intend to plant more wheat, corn, oats and peas in 2025 than they did last year and cut canola, soybeans, barley and lentils, Statistics Canada reported on Wednesday.However, farmers' commitment to those planting plans is m...Reuters
Wed, Mar 12
EU wheat bounces off 6-month low with tariffs, exports in focus
PARIS, March 12 (Reuters) - Euronext wheat ended higher on Wednesday, recovering from an earlier six-month low in choppy trading as the market assessed latest tariff measures and results from an Algerian import tender.May wheat BL2K5 settled 0.9% up at 223.25 euros ($243.36) a metric ton. It earlier...Reuters
Wed, Mar 12
CERAWEEK-Turkey to develop its shale fields with US producer Continental Resources
By Arathy SomasekharHOUSTON, March 12 (Reuters) - Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s Diyarbakir Basin, Turkish Energy Minister Alparslan Bayraktar said on social media platform X...Reuters
Wed, Mar 12
US Plains HRW Wheat-Basis bids steady, farmer selling slows
CHICAGO, March 12 (Reuters) - Spot basis bids for hard red winter wheat were mostly stable in the U.S. Plains on Wednesday as farmer selling remained limited due to weak prices, dealers said.* Weather outlooks are trending drier across the central Plains into April and May, which would stress winter...Reuters
Wed, Mar 12
Archer-Daniels-Midland considers sale of futures trading arm, Bloomberg News reports
March 12 (Reuters) - Grains trader Archer-Daniels-Midland ADM.N is considering selling its futures trading arm, in an effort to cut costs, Bloomberg News reported on Wednesday, citing people familiar with the matter.The company, in an emailed statement to Reuters, said it does not comment on rumors ...Reuters
Wed, Mar 12
Trump administration begins effort to reverse EPA vehicle rules
WASHINGTON, March 12 (Reuters) - The U.S. Environmental Protection Agency said on Wednesday it is beginning the effort to reverse the Biden administration's vehicle emissions rules that would force automakers to build a rising number of electric vehicles.The Trump administration said it would re...Reuters
Wed, Mar 12
US EPA to reconsider Biden clean power plant rule
WASHINGTON, March 12 (Reuters) - The Environmental Protection Agency announced on Wednesday it plans to reconsider a Biden administration regulation that sought to reduce greenhouse gas emissions from power plants, part of the new administration's broader efforts to unwind regulations for the po...Reuters
Wed, Mar 12
Trump cites positive messages on potential Russia-Ukraine ceasefire
WASHINGTON, March 12 (Reuters) - President Donald Trump said U.S. officials were heading to Russia on Wednesday to discuss a U.S.-Ukraine agreement on a proposed 30-day pause in fighting and a pathway to peace talks. Trump said it was now up to Russia after Ukraine agreed to a ceasefire during mo...Reuters
Wed, Mar 12
EXCLUSIVE-Trump administration plans to give dirty US coal plants a reprieve on soot
Plan aligns with Trump's executive orders on energy reliabilityRollback benefits dirtiest coal plants, like Colstrip in MontanaComplying with Biden-era rules would cost Colstrip an estimated $350M to $665MBy Tim McLaughlin March 12 (Reuters) - President Donald Trump's administration inten...Reuters
Wed, Mar 12
REFILE-EU tariffs on US grains to hit livestock sector, industry group says
PARIS, March 12 (Reuters) - European Union tariffs on U.S. grains, as part of the bloc's riposte to Washington's levies on steel and aluminium, would hurt a European livestock sector reliant on imports for animal feed, industry association FEFAC said on Wednesday.A large EU trade surplus wit...Reuters
Wed, Mar 12
